In Focus

Watsons Singapore and Sephora Singapore introduced an app that allows consumers to try makeup virtually, whilst bars like Hopheads and Level Up combine a “playing element” into the food and beverage (F&B) bar concept.

Net take-up is at 6% so far, higher than the 2-3% rates recorded in 2017.

Its cheapest plan offers 7GB data for $35/month.

It is finishing 2 projects and talking with creditors to improve cash flow.

Non-electronics jumped 26.2% and offset the 7.8% decline in electronics.

The company enjoys strong support from SME merchants but Amazon may soon give it a run for its money.

Price growth of private properties hit an 8-year high in Q1.

URA's rental index grew on a quarterly basis for the first time in 4.5 years.

The company launched GrabFood, GrabPay, GrabFinancial and just recently, Grab Ventures.

The summit location only has 100 keys, meaning other guests have booked other nearby venues.

Qoo10 accounts for more than a third (32.6%) of Singapore’s e-commerce market, beating Amazon which only has a measly 11.5%.

Sales of the largest online grocers only comprised 0.6% of the total retail sales.

Affinity at Serangoon and The Garden Residences take-up rates played around 10-15%.

There are around 110-120 operating flexible workspace centres islandwide, and leasing demand is poised to hit 550,000 square feet in 2018.

There are only a handful of funds focusing on providing Series B funding.

Average desk rates hit $558.