Retail
Retail sales drop 2.5% MoM in January
Retail sales drop 2.5% MoM in January
Twelve of 14 industries also posted a decline in their respective sales.
Jardine Matheson’s underlying profit jumps 39% to $2.06b
Given this, the company proposed a final dividend of $2.24 per share.
Dairy Farm's underlying profit drops 62% to $142.7m
This is due to the impact of the reduction in the contribution from Yonghui.
The Future is Now: 5 advanced payment methods to adopt in 2022
Consumers want to do away with the cards and just pay with a wave of a hand, study shows.
Sustainability for success? 3 in 5 SMEs agree
SMEs said having sustainable practices can improve their reputation amongst others.
Sub-par customer experience drive 2 out of 3 Singaporeans to change brands
Other reasons to shift brands include customer service, product quality and price increases.
Singtel joins hands with Zip to offer BNPL service in Dash app
Zip offers four interest-free instalments across six weeks.
94% of SMBs eye adoption of new payment methods in 2022
Most consider using e-wallet apps.
Lendlease Global Commercial REIT’s net profit dips 2.5% YoY to $29.6m in H1 FY2022
The decline was offset by lower property operating expenses.
Services firms less optimistic about business in first 6 months of 2022
Across industries, firms in wholesale trade expressed the highest optimism.
3 focus areas of MAS Holdings' sustainability plan
MAS Holdings collectively dub these strategies ‘The Plan for Change’.
SGREIT's net profit rises 7.2% YoY to $69.64m in H1 FY21/22
Despite a profit increase, income available for distribution declined by 1.3%.
Retail sector sees decent recovery in Q4 2021: Knight Frank
This optimistic performance is expected to continue until March 2022.
Singapore’s household spending to grow by 3.1% in 2022: Fitch Solutions
The growth rate estimate is lower than the 2021 forecast of 6.6%.
Singapore e-commerce market to reach $10.7b by 2025
The growth of e-commerce will also give the e-payments market a boost.
Shopee unveils five new ‘$100m’ milestone brand partners
The roster includes L’Oreal Group and Samsung, amongst others.
Retail sales up 1.9% YoY in November
Total retail sales value reached $3.7b.
Commentary
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