Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Bangko Sentral ng Pilipinas and the Monetary Authority of Singapore have agreed to promote the adoption and implementation of policies to aggregate, store, process, and transmit data across borders for banks and non-bank financial institutions. While the…
The Association of Banks in Singapore has announced revised due diligence guidelines for companies planning to list on the Singapore Exchange, with immediate effect. Last revised in 2016, the new set of guidelines set out expectations and recommendations on…
The extension will support monetary and financial stability in both countries amid the COVID-19 pandemic, MAS said. Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) have agreed to extend a $10 billion bilateral financial arrangement for…
Asia’s two marquee global financial hubs have hit a fork in the road of crypto assets and they appear to be heading in different directions. Last year, the local chief securities watchdog, Ashley Alder, also chose the FinTech Week to reveal a so-called…
Customers can shop and save now as Amazon Singapore begins its holiday shopping season with new Holiday Gift Guides launching on Amazon.sg today. Customers can shop the Holiday Toy Store, browse curated lists of Top 100 Toys and Top 100 Board Games, and enjoy…
What’s more convenient than a convenience store? An online one, of course – delivering food, and essentials to customers’ doorsteps quickly, at the touch of a button. foodpanda, the leading delivery platform in Asia Pacific, marks a new milestone with the…
Singapore’s department store Robinsons is closing its last two brick-and-mortar outlets, ending an era dating back 162 years. The business has been placed into liquidation effective today. Robinsons had already closed its Jem Mall store just a few months ago.…
BHG Bugis has launched a Beauty Hall, spanning more than 13,000sqft, featuring 27 beauty brands and 45 fragrance labels, 12 new beauty counters, a ‘Beauty Library’, and five spa concepts. According to the company, the launch is part three of BHG’s reinvention…
DBS’ plans for a digital exchange are still work in process, and have not received regulatory approvals. Until such time as approvals are in place, no further announcements will be made. DBS is planning to launch a crypto exchange that will allow four digital…
The fintech hopes to build on the momentum it has gained amid the social and economic challenges brought about by the pandemic. Revolut Singapore has made a number of additions to its growing team in Singapore bring onboard digital strategist Sam Chui as…
Beauty Flash: Grooming giant Guardian’s latest and largest store, christened Guardian Plus, had officially opened at Takashimaya Shopping Centre, and boasts a number of firsts sure to make any beauty buff excited. For starters, the store at 6,000 square feet…
The owner of Hong Kong’s biggest shopping center is offering its tenants additional rent concessions, with a catch: extend the leases for at least 18 months in a market facing the third wave of coronavirus infections. The tactic has come as a shock to…
During an exclusive virtual media conference held today (October 20), which featured the food tech’s senior executives attended by Green Queen, Impossible Foods officially announced the first retail launch of its plant-based products in Asia. From this week…
The COVID-19 pandemic has shaken the retail sector to its core and forced an abrupt change in Singaporeans’ shopping habits and expectations. New data released by Adyen, the global payments platform of choice for many of the world’s leading companies, reveals…
The increased activity in Singapore’s retail sector hints at a bottoming out of rents by the end of this year or early next year, Knight Frank’s research team said in a report published on Friday (Oct 16). Overall retail rents are expected to fall by 10-15…
Travelers between the two cities will soon be able to make trips without the need for quarantine, stay-home notice or controlled itinerary. Singapore and Hong Kong have reached an in-principle agreement to establish an air travel bubble, following discussions…
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