Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Two Singaporean investors in Vinamilk have failed repeatedly to increase their stake in the dairy giant by one percent. In the latest instance, investment firm Platinum Victory has once again failed to increase its stake, Vinamilk said Monday. The…
McDonald’s has chosen Singapore as the first country in the world to launch its Hello Kitty carrier. The limited-edition Hello Kitty carrier is designed for drinks and fries. An adjustable strap allows carrying by hand or hanging from a car headrest. With the…
Real Singapore retail sales (excluding motor vehicles) slipped by 0.3 percent in September compared to the same month last year. With motor vehicle sales included, the decrease was 2.2 percent, marking the eighth consecutive monthly decrease in the headline…
Luxury cognac brand Hennessy has partnered with Changi Airport and travel retailer DFS Group to launch an X.O pop-up store at Changi Airport. Located in Terminal 1’s departure transit hall, the pop up the airport’s biggest yet, spread across 150sqm. Hennessy…
Created in Nanjing, the brand now operates more than 500 outlets across the mainland since its first store debuted in June last year. Following The Whale Tea’s first foray into Southeast Asia, launching in Malaysia earlier this year, the brand opened its…
The Fintech Research Platform will help investors and financial institutions connect with start-ups in the industry that they can partner with or invest in. The Monetary Authority of Singapore (MAS) has developed a prototype for an industry-wide fintech…
The move by PayNow to adopt SGQR makes it easier for businesses and consumers to use the mobile e-payment service. PayNow is adopting Singapore Quick Response (SGQR) specifications, which allows businesses and billing organizations to collect PayNow payments…
The partnership, using Visa’s push payment solution and secure network, allows consumers to transfer money in a faster, convenient and more secure way. Singapore cross-border fund transfer startup Nium is partnering with Visa to enable instant money transfers…
Hong Kong-headquartered lingerie retailer 6ixty8ight is to open an e-commerce store for Singapore and Malaysia this month. The 6ixty8ight online store offers lingerie, sleepwear, homewear, loungewear, casual wear, and accessories. In the first phase of online…
The Singapore-based firm has made its first foray into an overseas market, and is promising Thai travelers affordable options to pay with the competitive exchange rates when abroad. YouTrip, a multi-currency mobile wallet designed with travelers in mind, is…
Shake Shack Singapore is considering opening a new outlet in the territory following better-than-expected business at its Jewel Changi Airport location. The brand’s culinary director Mark Rosati said in an interview with Channel News Asia that long queues to…
OCBC Bank is in talks with Keppel Corporation, peer-to-peer lender Validus Capital, and Vertex Ventures, to form a digital-bank consortium. OCBC is likely to take an equity stake in the consortium rather than open up its balance sheet. With a track record of…
Singapore’s National Environment Agency (NEA) has partnered with South East Community Development Council (CDC) to launch Eco Shop Me @ South East program. Collaborating with eco-shops, the program is to create a stronger awareness of eco-friendly businesses…
Sony Singapore has opened a park-themed store at the Westgate shopping center. The Japanese technology and electronics company says the store has been designed to connect with customers through their lifestyle by offering consumer products from the…
French luxury goods conglomerate Cartier is launching its Clash De Cartier Studio experience pop-up in Singapore at STPI from November 15 to 17. The one-weekend-only event will be the brand’s first and largest ever pop-up activation within the Southeast Asian…
Up to five trading houses were affected by the attack, which disrupted trading from 30 minutes to up to the whole morning session. Several brokerage houses in Singapore were hit by distributed denial-of-service (DDoS) attacks on October 24, the Monetary…
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