Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Singapore’s M1 has reported flat profit for the first quarter despite a 3% year-on-year increase in service revenue. The operator’s net profit stayed stable year-on-year at S$34.8 million ($26.5 million), but this represented an 8.3% increase compared to the…
Start-up Alcheme Skincare has closed its seed-funding round and says it is set to launch its disruptive model next month. It will use facial-recognition technology to provide “personalised” skincare products, say co-founders Tuyen Lamy and Constance…
In a switch from business online, handbag reseller LuxLexicon has unveiled its first flagship store at The Centrepoint. Founder Florence Low describes her company as the largest purveyor of Hermes Birkins and Kellys outside Hermes stores in Singapore, and a…
Online market Lazada Singapore has marked its sixth anniversary with a festival at Plaza Singapura in a lead-up to its online birthday sale, starting next Tuesday. Crowds attended the weekend festival which offered surprise boxes and activities at Lazada…
CapitaLand Mall Trust Management Limited (CMTML), the manager of CapitaLand Mall Trust (CMT), announced today that CMT, through its trustee HSBC Institutional Trust Services (Singapore) Limited, has entered into an agreement to sell Sembawang Shopping Centre…
British accessories brand Olivia Burton, together with Asian retail specialist Norbreeze Group, has launched a concept store in Ion Orchard. For the first time in Singapore, the brand’s fashion jewellery collection and personalisation services are being…
Korean cosmetics brand Hera Singapore will officially launch at Takashimaya Department Store on May 10. And the brand will also open a standalone boutique store within the second half of this year. Hera’s parent company Amorepacific considers Singapore a…
A High-tech national jobs portal was launched on Tuesday to better match local jobseekers with employers. It can prioritize search results according to the relevance of the jobseeker’s skills, and filter results to show those under government schemes to…
A set of stamps commemorating four common trades in the early days of Singapore was launched by Singapore Post (SingPost) on Wednesday (Apr 18). The stamps depict the samsui women, the Sikh police contingent, the orang laut and the coolies. The samsui women…
OCBC Bank is the first in Singapore to launch artificial intelligence (AI) powered voice banking in collaboration with Google. With Google Home and Google Home Mini launched in Singapore today, anyone can now speak to the Google Assistant – on a smartphone or…
OCBC Bank customers have a new, speedy way of resolving a common issue when shopping or dining: Not having the right credit card to enjoy the best discount, rebate or reward. Since last month, OCBC Bank became the first bank to enable customers to transact at…
Singapore retail sales – excluding motor vehicles – rose 14 per cent in February, reflecting the changed timing of Lunar New Year observation. Compared with January, they rose 1 per cent. Statistics Singapore estimated the total value of retail sales in…
Singapore is in the top five destinations globally for IoT attacks, the latest installment of F5 Networks’ The Hunt for IoT series shows. The report, The Growth and Evolution of Thingbots Ensures Chaos, suggests the island nation has a sizable and vulnerable…
Singapore Airlines is developing a first-class offering for its new Boeing 777-9 planes that the carrier’s chief promises will set an industry standard. The planes, 20 of which SIA has ordered, are due for delivery from the 2021/22 financial year. The new…
Amazon Web Services has announced the availability of Amazon Aurora in the AWS Asia Pacific (Singapore) region. Amazon Aurora is a MySQL and PostgreSQL compatible database engine for the Amazon Relational Database Service (Amazon RDS) that aims to combine the…
Co-branded Fatburger and Buffalo’s Express restaurants will be rolled out across Singapore over the next three years, the first by this Christmas. Fat Brands, the US parent of the two quick-service restaurant brands, has signed a franchise deal with Deelish…
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