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Consumers across Southeast Asia and Greater China feel safer paying in a brick and mortar environment as opposed to online; sole exception is China According to the inaugural MasterCard Safety and Security Index, consumers across Southeast Asia and Greater…
Singapore has bounced back from a drop in new business formations, with a nine per cent increase in the second quarter of this year. According to official data, 15,964 new businesses were registered in the three months to June 30, underscoring the confidence…
Chinese policymakers are gung-ho to transition their economy away from investment and toward consumption, but that may not happen for another decade, new data shows. “Without a substantial intervention, we believe consumption’s share of China’s economy is…
Singapore’s plan to launch a savings bond to encourage long-term retail savings is unsettling domestic banks and economists who fear this bond will push interest rates up and suck cash out from an already anaemic economy. The new bond, which will begin…
Vietnam’s retail market is set to grow by 8.4 per cent annually until 2020, making it one of the fastest-growing markets in south-east Asia. Against a backdrop of increased disposable income, rapid urbanisation and an appetite for change among younger…
China has released figures of its economic growth for the second quarter showing the country’s economy has grown at a steady seven percent, its weakest performance since the global crisis but slightly better than expected. Citibank said recently that it…
It’s important for investors to be aware of the subtle differences between key Asian countries, according to a survey by BNY Mellon and analytics and advisory firm Oxford Metrica. The study looked at trends across Singapore, Taiwan, Hong Kong and South Korea,…
A study by eBay shows that Singapore’s tech savvy retail exporters, who use the company’s online market place, sell to an average 41 international markets. eBay defines retail exporters as those sellers on its site who garner US$10,000 in sales to global…
Singapore retail gross sales improved in April, in response to knowledge from the Division of Statistics. In March, retail gross sales excluding motor automobiles, slumped three.2 per cent. However in April they recovered a bit of, rising zero.eight per cent.…
Digital know-how, which permits us to decide on actual supply slots, surf the aisles in the midst of the night time and verify comparability websites for the most effective costs, has put an finish to the times of the omnipotent retailer. Not can retail…
Shopper confidence worsened in Might for the second straight month amid rising costs of products comparable to meals, knowledge confirmed Tuesday, prompting the federal government to downgrade its evaluation. The seasonally adjusted index of sentiment amongst…
With a inhabitants of over 1.36 billion and with over 160 cities with a inhabitants of over a million, the alternatives that China presents retailers with are monumental. Subsequently it’s regarded by many as a precedence market. During the last 24 months, a…
The worldwide B2C cross-border eCommerce market will balloon to $1 trillion in 2020 from simply $230 billion in 2014, in line with a report from international consulting agency Accenture and AliResearch, Alibaba Group’s analysis arm. Within the report,…
M&S says its food sales grew in both total and like-for-like terms in the March quarter as it repositioned its offer. Its food division grew at a rate ahead of the total market, despite a “difficult and deflationary quarter for the food market”. CEO Mark…
