Retail

Parkson Retail Asia appoints Koh Huat Lai as Chief Finance Officer

he will be in charge of overall finance function of the Group’s business including financial reporting, capital and debt management. Read ››

Epicentre Holdings names Yun Chee Keen as Chief Financial Officer

He will replace Chua Oi Keng in overseeing all aspects of financial planning, internal control compliance, financial reporting. Read ››

CapitaMalls subsidiary issues clarification re growth rate

The clarification involves a Business Times article published on 28 January 2012. Read ››

CRCT income not fully optimized: DBS

Which of its two retail properties have room for improvement via additional works and tenant re-mixing? Read ››

Sun East appoints Ye Jianming as Executive Chairman

The post gave Mr. Ye the responsibility to supervise the strategic directions and growth of the group and its subsidiaries. Read ››

Courts Singapore appoints Phuong Dang-Vu Leleu as marketing director

Ms. Phoung undertakes strategic role in brand-building across the region. Read ››

How much will renters pay at SPH's new mall?

DMG makes an estimate on the average passing rent for the newly awarded Sengkang site. Read ››

How CapitaCommercial Trust is surviving the slowdown

The trust wields a few trump cards to counteract declining occupancy in its office spaces. Read ››

SPH awarded Sengkang commercial site

$328 million joint tender with United Engineers tops the bidding for the 8,790.3-sq.m. Read ››

What's the saving grace of CapitaMall Trust?

Lower occupancies are darkening the short-term horizon for its existing malls but DBS sees an offsetting upside. Read ››

SPH mall binge a long-term gamble

The embattled publisher is aggressively diversifying into retail spaces but DBS sounds a note of caution. Read ››

Extended dry spell for Chinese grocery retailers

Another quarter of weak sales foreseen after six months of hardship with recovery likely to start only by 2Q12. Read ››

Air Boutique in Park Mall undergoes a makeover

The newly renovated store includes the 2011 Furniture Design Award Grand Prize recipient, Wind Screen/Shelf, from its Plank Living 2011/2012 solid wood collection. Read ››

Singapore retail sales slowed to 6.4% in November

All but one sector reported lower sales, guess what? According to Barclays Capital, Singapore's retail sales growth slowed to 6.4% y/y in November from 8.4% in October (BarCap: 6%; consensus: 6.7%). Read ››

Zhongmin Baihui Retail appoints Low Chui Heng as Executive Director

Mr Low has been a director of different companies through the years. Read ››

Singapore e-commerce booming on blogshops

On which platform do roughly half-million Singaporeans shop monthly online? Read ››

Supermarkets trump department stores in coming slump

But which chain was singled out for its promising revenues and margins? Read ››

Rough times ahead for Singapore's retail sector

Singaporeans will be tightening their belts, spending less on shopping next year. Read ››

Ka-ching: Retail sales bounce back

Which sectors led the across-the-board growth in October? Strong sales of mobile phones, computers and cars headlined the 6.1% month-on-month growth in October from September 2011. Read ››

Shopping shocker: Retail sales dip 0.1% in September

As more Singaporeans have become wary of splurging, especially on big ticket items like cars. Read ››

Singapore women aged 18-25 prefer blog shopping

According to a release, Friday night saw the first blogshop fashion show ever staged in Singapore. Read ››

Singapore’s retail sales may hit 5.6% in September

Standard Chartered expects retail sales to have remained strong as credit-card spending was up 10.3%. Read ››

Noble Group’s CEO and executive director resigns

Ricardo Leiman abandons post while remaining as an advisor to company. Read ››

What recession? More Singaporeans planning to splurge on luxury purchases

Guess how many plan to spend $1,000 or more on a luxury purchase over the next few months? Read ››

Charge it! MasterCard reports incredible 3Q11 results in Asia Pac

Well that’s not hard to believe as cardholders swiped it for a whopping 1,483m purchase transactions. Read ››

Thailand grocery retailers enjoy robust profit growth

But analyst warns against looming risks from regulatory constraints and market saturation. Read ››

OSIM International’s S$13.1m profit below analyst’s expectations

Its revenue also declined 10.8% QoQ to S$123.6m in 3Q11. Read ››

Jardine Cycle & Carriage appoints David Alexander Newbigging as Group Managing Director

Mr Newbigging’s previous jobs include CEO of Jardine Engineering and General Manager of IKEA Hong Kong. Read ››

Care for a suburban shopping spree at the 'Venice of Punggol'?

Well, you’ll have to wait till 2015 before the first suburban waterfront mall at Waterfront Town opens. Read ››

Braun Büffel to open a boutique at The Centrepoint

Don't worry, you don't have to wait for too long as the new branch will open this November. Read ››

Sin Ghee Huat Corporation appoints Kua Peng Chuan as Director of Market Development

Kua has been in sales department of the company since October 2004. Read ››

CapitaMalls Asia profit down 30% to S$36.5m

This is for the third quarter, and fingers point to the one-off provision for its Hong Kong listing expenses as the culprit. Read ››

Brick-and-mortar stores battle online counterparts

Guess who will win in the sector which generated $3.8b in value-add in 2009, or 1.5% of Singapore's GDP. Read ››

CapitaMalls Asia unveils debut Singapore Retail Global Connexion

The event to highlight successful retailers as it aims to inspire other retailers and students, to spur the development of the retail industry. Read ››

New hawker centre to be built after 25 years

It will be built and completed in Bukit Panjang within the next three years. Read ››

More and more Singaporeans enjoy online shopping

The online shopping market for groceries in Singapore has been growing fast this year, according to statistics of payment service provider PayPal. Read ››

Singapore retail and F&B should focus on long-term growth: Minister Lim Hng Kiang

The industries have been lagging behind in terms of profits as companies tend to focus on quick top-line solutions. Read ››

Supersized: SMEs receive $6.7m for productivity improvement

A total of 80 SMEs productivity improvement projects so far have benefited from the funding. Read ››

Hong Konger found guilty of tourist refund fraud

Mr Hung Yat Sing, a 46-year-old from Hong Kong, was found guilty of making false Goods and Services Tax claims of $5,481. Read ››

Singapore to hear less ka-ching!

Amidst negative global sentiment, spending attitudes are forecast to be precautionary. Read ››