Revolut, a leading fintech company based in London, has announced its intention to triple the size of its workforce in Singapore over the next few years. This decision is primarily aimed at bolstering product innovation and facilitating regional expansion.…
A recent study reveals that Singapore experienced the second-lowest growth in its food delivery market in the previous year amongst significant Southeast Asian nations. The gross merchandise value (GMV) for food delivery in Singapore escalated by 13% in 2025,…
Foodpanda, a popular food delivery service, has recently expanded its presence in Singapore with the opening of two additional Pandamart XL stores. These new locations, situated in Kallang and Yio Chu Kang, have been established to meet the increasing…
In the year 2025, Singapore’s Changi Airport experienced record-breaking passenger traffic, with 69.98 million passenger movements noted, indicating a rise of 3.4% in comparison to the previous year. Aircraft activities, such as landings and take-offs, also…
Guardian, a prominent health and beauty retailer, has recently unveiled its revamped flagship store situated at The Shoppes at Marina Bay Sands in Singapore. Revamp Aims at Personalised Shopping Experience The new alterations are aimed at delivering a more…
Amid numerous business closures, the restaurant industry in Singapore is urging the government for additional labor cost subsidies and measures to control excessive rental hikes for the food and beverage sector. This appeal was recently put forward by The…
CarousellMobile, the mobile-centric division of Carousell, has announced the launch of its inaugural physical outlet at Chinatown Point. This move marks a new phase in the company’s growth, introducing a tangible retail presence to supplement its popular…
Singaporean households that meet the eligibility criteria can now submit their applications for public transport vouchers valued at S$60 (equivalent to US$46). These vouchers are intended to alleviate the increased cost of commuting. Details of the Voucher…
In Singapore, the lifestyle industry, particularly retailers, has expressed the need for continuous support from the Budget allocation due to mounting challenges such as elevated costs, labour shortages, and fierce competition. According to the Singapore…
Between 2023 and 2025, the Singapore government allocated SGD600,000 (US$466,000) from its short-term relief fund to provide financial aid to 260 employees who were left without pay when their companies went into liquidation. The relief fund aims to support…
In 2025, Singapore achieved the status of the second-wealthiest nation globally according to per capita gross domestic product (GDP), with a figure standing at US$90,700. This impressive economic performance placed the Asian island state just behind…
China-based yogurt chain, More Yogurt, is set to make its entrance into the Singaporean market. The addition of a new outlet, opening on January 30, marks the latest in a series of expansion efforts. The company, which boasts annual sales of over 21 million…
CapitaLand Integrated Commercial Trust (CICT) has successfully concluded the sale of Bukit Panjang Plaza, a prominent shopping mall in Singapore. The sale, which fetched a sum of US$332 million (S$428 million), is part of a larger strategy to optimize the…
In a bid to bolster the skills of its customer-facing staff in the area of wealth management, HSBC has inaugurated a new learning initiative in Singapore, partnering with an academic institution and an aviation firm. HSBC has unveiled its Wealth Academy in…
In a sudden move that caught consumers by surprise, Hollin Bubble Tea has ceased its operations in Singapore. Unexpected Closure Hollin Singapore’s social media profiles, including Instagram and Facebook, have been deactivated, and its website is now set to…
In anticipation of the 2026 Chinese New Year, there has been a significant increase in air travel between Singapore and Malaysia. Ticket prices for some flights have risen as much as six times the normal rate due to the surge in holiday demand and sold-out…
Retail Academy: Singapore
Free background guides on how retail works in this market.
High spending power, almost no domestic scale, and the region's default location for a first ASEAN office. What Singapore is actually good for, and what it i…
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Singapore.
Asia Market Guides · 8 min read
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