Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
The Malaysian lender is revising its strategy to emphasise sustainable growth, in line with the group’s vision to be a «leading focused Asean bank.» CIMB Singapore is laying off staff and will close its Orchard Road branch as part of a restructuring exercise,…
Nokia announced the first 5G standalone (“SA”) Radio Access Network (“RAN”) Sharing network in South East Asia. The company has been selected by Antina Pte. Ltd. (“Antina”), a joint venture formed by mobile network operators M1 and StarHub, following a…
Singapore’s first regulated private securities exchange and a member of leading integrated private market ecosystem CapBridge Financial, today announced the direct listing of Jocom International Holdings, operator of leading Malaysia-based M-commerce platform…
The technology taps on Singapore’s National Digital Identity (NDI) platform and biometric database to enable verification. OCBC wants to eliminate the need for customers to carry around an ATM card by introducing facial biometrics at its teller machines. The…
The Singapore FinTech Association (SFA) and Remittance Association (Singapore) have signed an agreement to strengthen the money remittance segment. The two associations will jointly launch the new SFA Remittance Sub-Committee, which aims to promote the…
LIXIL, maker of pioneering water and housing products, today announced the launch of its flagship showroom in Singapore. Located at a heritage shophouse unit at 24 Mohd Sultan Road, the 6,000 square feet store is in the heart of Singapore’s prime lifestyle…
At least nine Singaporeans have been struggling to leave Macau after they were unable to secure a direct flight home due to the pandemic. One is desperate to return after losing his job in the Chinese city, whose economy has been hit hard by Covid-19. Another…
Zilliqa Capital aims to invest in decentralized and fintech solutions in Southeast Asia and India, across investing, wealth management, insurance, lending, payments, and remittances, as well as critical infrastructures that will enable Web 3.0. Zilliqa…
He previously spent more than two decades at the Monetary Authority of Singapore, and was deputy managing director, corporate development, when he left in 2019. OCBC has appointed Andrew Khoo Cheng Hoe as a non-executive and independent director, effective…
At a country-level, Singapore won in all metrics tested, with the most important win being the highest Excellent Consistent Quality in South East Asia, with 84.5% of connections having a network experience suitable for use-cases like 1080p video streaming,…
Previously operated by Singapore Airlines (SIA) decades ago, the 737 as an aircraft type will once again operate under the carrier’s brand and livery. Up until now, the Southeast Asian airline had delegated much of its low-demand, short-haul operations to…
Shops in Singapore had a quieter-than-usual January ahead of muted Chinese New Year celebrations, with official data showing retail sales down 6.1 percent year-on-year. “The larger decline in January 2021 was due partly to higher sales in January 2020, when…
The GIH is launched under the Dell Technologies Digital Future – Made in Singapore initiative that aims to fast track the adoption of digital solutions and drive digital innovations developed in Singapore for partners and customers globally to be…
Tookitaki is partnering with Hewlett Packard Enterprise to provide the financial sector with enhanced anti-money laundering capabilities using artificial intelligence and machine learning. The offering, delivered via HPE GreenLake for Big Data, enables…
Both companies will be part of a newly formed financial entity that aims to provide inclusion through financial services across Southeast Asia. Singapore’s Xfers has received a strategic investment of $30 million from Payfazz, which operates the largest…
FJ Benjamin Holdings (FJB) and leading eCommerce platform, Lazada Singapore, today signed a Memorandum of Understanding (MOU) to forge a strategic partnership that aims to deliver the ultimate retail experience to customers across all channels and devices.…
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