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Nearly half the population of Singapore appears to have tuned out traditional marketing efforts, as a recent report by Blackbox reveals that 49% of Singaporeans ignore brand advertising or social media outreach. This figure rises to an eye-opening 57% among…
Retail giant Alibaba has unveiled an ambitious new plan that aims to redefine the e-commerce landscape in Asia. In a move that has industry watchers buzzing, the company is expanding its “New Retail” strategy, which seeks to integrate online and offline…
The latest financial report from BHG Retail Trust indicates a remarkable turnaround, showcasing a robust recovery for the company in the first half of 2023. The data highlights a substantial boost in net property income, reaching S$40.6 million, reflecting a…
Vietnam is poised to launch a digital asset trading market, allowing cryptocurrencies to be freely issued over a five-year trial period. Under a recent government resolution effective from Tuesday, only Vietnamese companies will be permitted to operate…
The corporate world is buzzing, and Tokyo’s office leasing market is feeling the effects. According to the latest insights from JLL, a robust demand from companies is set to keep leasing volumes strong in the latter half of the year. The appetite for office…
As South Korea prepares for the much-anticipated return of Chinese tour groups from September 29, retailers are taking proactive measures to welcome them. To cater to these visitors, who will be allowed visa-free entry, a wave of new promotions is on the…
Arla Foods, a leading global dairy company, has introduced its Protein Pudding range to the Australian market. The range, which includes two flavours – Chocolate and Salted Caramel, is being distributed by a number of local retailers such as Coles, Harris…
In July, the retail sector in Singapore displayed promising growth, with most categories reporting an uptick in sales. July’s Retail Sales Growth Singapore’s retail industry experienced an impressive 4.1% increase in July, a significant improvement over…
In the fast-evolving landscape of holiday shopping, the future is undoubtedly digital—and Singaporeans are embracing it with open arms. As the holiday season approaches, a striking 74% of consumers in the city-state are turning to artificial intelligence (AI)…
Singapore has found itself in a challenging position in the latest Global Business Complexity Index, landing 48th out of 79 global destinations for 2025. This index, which scrutinizes how easy or difficult it is to set up and operate businesses around the…
As the retail landscape continues to evolve rapidly in Asia, businesses are gearing up for the challenges and opportunities ahead. With consumer behavior shifting toward digital channels and a preference for personalized shopping experiences, retailers are…
Amid ongoing challenges in the global retail landscape, several industry giants are adapting their strategies to capture the unique opportunities presented by the Asian market. The latest results from major players like Uniqlo, Zara, and H&M underscore a…
In a recent evaluation of global urban centers, Hong Kong has emerged as a standout performer within Asia, claiming the second spot in the region, just behind Tokyo, which secures the fifth position worldwide. This assessment comes from the ISUI Smart City…
In a bold move to offer shoppers unique and one-of-a-kind retail moments beyond sales to rejuvenate the retail industry and re-establish Singapore as a shopping destination for the world, the Singapore Retailers Association (SRA) announced the inaugural…
Sales at Japanese department stores have shown signs of slowing in recent months, raising concerns that even the wealthiest shoppers may be curbing their extravagant expenditures. This shift is attributed partly to the ripple effects of U.S. President Donald…
In June, Hong Kong experienced an increase in retail sales, albeit at a slower pace than the previous month of May. The total retail sales for the special administrative region came in at HK$30.1 billion (US$3.8 billion), marking a 0.7 per cent year-on-year…
