Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Singapore Airlines has postponed the unveiling of its upgraded first and business class cabins on Airbus A350-900 aircraft until the first quarter of 2027, retreating from the original target date in the second quarter of 2026. The adjusted timeline comes as…
The retail sector in Singapore experienced further growth in March, building on the momentum gained in February. The Department of Statistics reports a 3.3% year-on-year increase in retail sales for March, not counting motor vehicles, parts, and accessories.…
After two decades of operation, PaperMarket, a Singaporean lifestyle and craft brand, has announced plans to shutter its final physical location. Amid challenging business conditions, the local retailer has decided to refocus its efforts on its digital…
For over a decade, a small-town barbecue and hotpot restaurant enjoyed a regular and content clientele, primarily consisting of employees from a neighboring industrial park. The eatery was particularly bustling over the weekends, basking in the laudatory…
Isetan, a Japanese department store chain offering a variety of products ranging from home goods to fashion and beauty items, has recently shuttered its outlet located in NEX shopping mall, Singapore. This closure comes to fruition after a successful 15-year…
The renowned Japanese department store, Isetan, recently ceased operations at its NEX shopping mall location in Singapore. The store, which had been in operation for 15 years, sold a wide range of items, including home goods, fashion, and beauty products. The…
In a historic shift, electric vehicles (EVs) constituted 57.6% of new vehicle registrations in the first quarter of this year in Singapore. This marks the first time EVs have outpaced both combustion engine and hybrid models in new registrations. The…
Miniso, a major retailer in Asia, is intensifying its expansion efforts in Southeast Asia as it introduces its “Miniso Friends” concept in Singapore and Vietnam. This development forms part of a more extensive strategic shift towards experiential and…
In an endeavor to support consumers during a time of economic uncertainty and surging expenses, DBS Singapore has announced the provision of S$10 million (US$7.8 million) in cashback redemptions. These will be available for DBS and POSB cardholders, as well…
Stacked Store is set to launch its inaugural independent retail establishment in Singapore’s New Bahru district on May 16, broadening its physical presence following its predominant operation as an online platform. A New Take on Retail Sited within The…
Air India has reported an annual deficit surpassing INR220 billion ($2.4 billion), a more substantial loss than initially anticipated. This unexpected financial setback has led the airline to seek monetary aid from its stakeholders. Fiscal Losses and…
In an effort to establish itself as a leading regional hub for integrated professional services, Singapore is taking significant strides. This endeavor has been demonstrated through a recent formal collaboration between the Institute of Singapore Chartered…
The Bank of Singapore has announced the appointment of Vi Sun Yang, a seasoned wealth management professional, as the Head of Private Banking for the ASEAN region. Yang, who previously served at Julius Bär and UBS, will assume her new role from June 29, 2026.…
Qualified platform workers and taxi drivers in Singapore are set to receive a cash assistance of S$200 (US$155) to mitigate the impact of increasing fuel prices. To be eligible, platform workers must have earned above S$500 per month from their platform-based…
Qantas Freight, a subsidiary of the Australian airline Qantas, recently announced the launch of its dedicated freighter services to Singapore. These services, which are expected to begin on April 3, 2026, will operate twice a week and include stops in Sydney,…
In February, retail sales in Singapore experienced a significant surge, partially attributed to the shifting timing of the Chinese New Year. According to data released by Singapore’s Department of Statistics, retail sales, excluding automobiles and related…
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