Retail
ShopBack debuts in the US, partners with over 2,000 merchants
Its US launch includes Amazon cashback, ShopBack Play, shipping rebates, quests, and auto-applied coupons.
Parkson Retail's net profit rises 21.1% YoY in Q1
Earnings per share stood at $0.0218.
Sea Limited posts $534m profit in Q1
It reversed a year-ago loss of $30m.
UHREIT’s NPI drops 8.4% YoY in Q1
The decline was due to divestments made in August 2024 and January 2025.
FMGC SMEs face ESG risks from overseas suppliers: study
They may not have the same social and environmental protections.
Singapore retailers turn to AI amid falling store sales: survey
69% of Singapore retailers believe AI agents will be essential to outpacing competitors within the next year.
Thakral Corporation net profit down 4.9% YoY in Q125
Foreign exchange loss and income taxes drove the decline.
Investors demand authentic growth from sustainable food brands
Truly Nuts! and TNB Aura outlines what it takes for sustainable food businesses to scale.
Sheng Siong’s net profit rises 6.1% YoY to $38.5m in Q125
Revenue rose in tandem.
Singapore ranks 19th in global luxury retail rents in 2024
The city-state also ranked fifth in new store openings.
Singapore ranks seventh globally in D2C funding: Tracxn
Singapore led in Southeast Asia.
Duty Free’s net profit soars to $16m in FY 2024
Basic earnings per share stood at $1.33 (RM4.47).
Retail vacancy drops 1.5% YTD: JLL
Vacancy rates remained stable despite weaker space demand.
Prime retail rents remain flat in Q1 2025
The average island-wide gross rent only grew 0.3% QoQ.
Retail sales drop 20% MoM in February
Total retail sales dropped to $3.2b from $4.0n in January.
Grocery firms' earnings resilient on global supply flexibility
Food procurement costs due to US tariffs can be mitigated through alternative markets.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape