Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Responding to growing interest among clients, HSBC Singapore now offers mortgages for investment residential properties in five cities across Australia. HSBC Singapore is hoping to tap on the growing number of Singaporeans who plan on buying investment…
Southern Taiwanese restaurant The Salted Plum has opened its second outlet in Suntec City. The outlet features a spacious dining area with a street ambiance, a self-service system and new dishes exclusive to the venue. The brand, which serves tapas-style…
Responding to growing interest among clients, HSBC Singapore now offers mortgages for investment residential properties in five cities across Australia. HSBC Singapore is hoping to tap on the growing number of Singaporeans who plan on buying investment…
Singapore Airlines has launched a new mobile app for Android and iOS smartphones. The app, based on a ground-up rebuild and all-new underlying technical architecture, is designed to significantly enhance booking and check-in flows, and improve transaction…
The bank’s strong second quarter was driven by strong wealth management flows, higher credit card volume and higher trading income. UOB’s net earnings grew in the second quarter to S$1.17 billion ($850 million) – 11 percent higher year-on-year and 8 percent…
Fashion-and-lifestyle brand Klasse14 is opening a pop-up store at Fashion Walk Causeway Bay. The pop-up features the latest collections of Volare Sky watches and +J accessories, and invites visitors to move from one Instagrammable showcase to another,…
OCBC Bank customers only need to scan a QR code on the OCBC Pay Anyone app to make withdrawals. OCBC customers can now make withdrawals without a bank card by generating a QR code from its mobile banking app, which can be scanned at any of its 655 Automatic…
Strong performance from OCBC’s consumer and private banking segment helped bump up quarterly profits by 1 percent and offset all of the group’s other segments which posted negative year-on-year profit growth. The Singaporean financial group posted…
Pola will open its first airport duty-free store outside Japan at The Shilla Duty-Free Changi Airport Store in a move to strengthen its brand presence in the global market. Pola is accelerating efforts to open new stores, primarily in ASEAN countries, so as…
Singapore supermarket operator Sheng Siong boosted its net profit by 7.4 percent in the June quarter, to S$18.42 million. Sales rose 11.8 percent to $238.16 million on the back of 13 new store openings. However, the company has warned investors that…
Changi Airport Group and DFS Group have launched the first luxury-focused Singapore online liquor store. Called iShopChangiWines.com, the store will offer duty- and GST-absorbed premium-priced wines, Champagnes, and sakes. Consumers can now purchase up to 30…
Following his S$73.8 million Wallich Residence penthouse purchase, the billionaire inventor’s real estate shopping spree in Singapore continues with a luxury bungalow in a pricey neighborhood. After snapping up Singapore’s biggest and priciest penthouse…
Singapore’s recent move to liberalize the private equity markets is expected to benefit both businesses and investors through enabling access in a controlled, blockchain-based environment. 1X, Singapore’s first and only licensed and regulated private…
Hong Kong and Malaysian mobile fashion-and-beauty marketplace Goxip will launch in Singapore on August 19. The service has more than 600,000 active monthly users in Hong Kong alone and counts luxury retailers such as Net-a-Porter, Farfetch, and Asos as well…
AirAsia won for the 11th time at the prestigious Skytrax World Airline Awards as the world’s best low-cost airline during the Paris Air Show in Le Bourget, Paris, France, in the middle of June 2019. But despite the awards, it has never let itself get…
Central Singapore retail rents eased by 1.5 percent in the second quarter of this year, according to data from the Urban Redevelopment Authority. That followed a smaller quarter-on-quarter decline of 0.2 percent in the three months to March 31. At the end of…
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