Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
He brings deep domain expertise in emerging areas such as cryptocurrency and platform-based business models, and has been a driving force behind the firm’s global efforts to spur innovation, transformation and scale in financial services. KPMG in Singapore…
Hong Kong-based children’s clothing resale platform Retykle has closed a new round of seed funding to support its expansion plans. According to the company, funds raised will enable Retykle to invest within its home market of Hong Kong, as well as expanding…
The super app is looking to create around 350 new jobs in Singapore this year to support its growth plans. The new hires will support Grab’s plans to help micro SMEs digitalize, deliver digital financial services across Southeast Asia, and develop the…
As Internet of Things (IoT) plays an increasingly important role in driving digital economies and business success, Singapore’s StarHub and Germany-based Software AG have teamed up to offer an end-to-end 5G-ready IoT service to help organizations in Singapore…
Homeownership may remain an elusive dream for many people in other countries, but not so for the citizens of Singapore. Thanks to the government’s successful public housing scheme, the Lion City is one of the countries with the highest property ownership rate…
HSBC has named a new Singapore chief executive to succeed Tony Cripps who is set to leave and join Saudi British Bank. Wong Kee Joo has been appointed as HSBC’s new Singapore CEO, according to a report citing an internal memo. Wong replaces Tony Cripps who is…
Singapore Exchange will look to scale up its operations by maintaining focus on mergers and acquisitions. SGX chief executive Loh Boon Chye said the city-state’s bourse will remain focused on mergers and acquisitions as a means of growth. It fully acquired…
The bank has signed a strategic partnership agreement with Singapore Business Federation to connect Singapore businesses to opportunities across Asean, especially in Indonesia, Thailand and Vietnam. UOB will help more Singapore companies seize cross-border…
He will be taking on a new role at the Saudi British Bank (SABB) – 31-percent owned by HSBC – from April 4. HSBC Singapore will be naming a new chief executive to succeed Tony Cripps, who will be managing director-designate and board member of SABB, the bank…
IntSights, the threat intelligence company focused on democratizing threat intelligence, announced the appointment of Pacific Tech as its regional distributor in Singapore, Malaysia, and Thailand. The collaboration further strengthens IntSights’ network in…
He will be taking on a new role at the Saudi British Bank (SABB) – 31-percent owned by HSBC – from April 4. HSBC Singapore will be naming a new chief executive to succeed Tony Cripps, who will be managing director-designate and board member of SABB, the bank…
The integration and implementation of Lightnet’s technology with MoneyGram’s money transfer services will provide customers with a wide selection of payout services across Southeast Asia. The Singapore-headquartered fintech company will provide its Bridgenet…
Ahead of Tesla’s launch in Singapore, DBS is has announced financing for new and used electric and hybrid cars, while a partnership with OCBC will boost the availability of electric vehicle charging points. As part of DBS’ efforts to incentivize the adoption…
The XinTru joint venture with corporate bond trading platform provider Trumid and private equity firm Hillhouse Capital, will launch a new electronic bond trading platform later this year. This partnership combines Trumid’s cutting-edge technology and fixed…
Singapore retail sales – excluding motor vehicles – fell 4.5 percent y-o-y last Dec, a slightly higher decline than Nov’s 2.8 percent. M-o-m sales were down 0.7 percent. DOS estimates total retail sales value at SGD3.5 billion (US$2.62 billion) and that…
Amazon announced today at the inaugural Amazon Southeast Asia Online Seller Summit 2021 additional resources and support for small and medium-sized businesses (SMBs) in Singapore to start selling online and expand globally through its stores. Amazon announced…
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