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DoorDash, the leading food delivery platform, has announced the discontinuation of its operations in Singapore and Japan to concentrate on markets with higher priorities. Singapore Shutdown In Singapore, DoorDash will be closing down its Deliveroo service on…
Despite experiencing a slight dip in interest income, Singapore’s OCBC managed to maintain a relatively static profit, thanks to diverse revenue sources. Financial Performance OCBC recorded a net profit of S$7.4 billion ($5.9 billion) in 2025, marking a 2…
Pull&Bear, a renowned Spanish fashion label, has decided to withdraw its presence from Singapore following the closure of its remaining outlet at VivoCity Mall. The final day the store was open for business was February 22, 2026, as indicated by an…
Regulatory authorities in Singapore are currently evaluating whether blind boxes should be classified under the nation’s gambling laws, a decision that could profoundly influence the compliance mandates for retailers in the rapidly developing collectibles…
The iconic Prince Coffee House, a renowned Chinese restaurant in Singapore, has announced its upcoming closure, marking the end of its half-century-long service. According to the proprietor, Jimmy Lim, the decision to cease operations emerges from his…
OCBC’s private banking division has appointed Bernard Heng, a seasoned expert in the wealth industry, to bolster its custom solutions for ultra-wealthy clients. Appointment of a New Leader The Bank of Singapore, the private banking arm of OCBC, has announced…
Lazada’s RedMart has recently announced the launch of a new on-demand grocery delivery service in Singapore, RedMart Now, which guarantees to deliver orders within 30 minutes. Expanded Delivery Options The latest service supplements RedMart’s pre-existing…
Suzy White, the Global Chief Operating Officer (COO) for London’s HSBC, is set to join the board of HSBC’s Singapore branch. HSBC Singapore made this announcement recently, confirming White’s addition to their executive team. White’s professional journey has…
The rate of retail sales growth in Singapore experienced a significant deceleration in December, following an impressive surge in November. As per the data provided by the Department of Statistics, retail sales, excluding motor vehicles, saw an increase of…
One of McDonald’s long-standing outlets in Tampines Mall, Singapore, is set to close its doors on March 9. The fast-food restaurant has been a staple of the mall for over three decades, making its impending closure a significant moment for both the company…
Lady M, a prominent New York-based patisserie, has announced its return to Singapore, establishing a shop at Jewel Changi Airport. This announcement is accompanied by the unveiling of a special gift set, the 2026 Year of the Horse, in anticipation of the…
Last year saw Singapore experiencing the second-slowest growth rate in its food delivery market among prominent Southeast Asian nations, according to recent research. The Food Delivery Platforms in Southeast Asia report by Momentum Works reveals that…
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…
