Retail
Daily briefing: Retail sales suffer as COVID resurge in Asia; SG sets 75% vaccination target before easing restrictions
Daily briefing: Retail sales suffer as COVID resurge in Asia; SG sets 75% vaccination target before easing restrictions
And Singapore pushes through with Pedra Branca developments.
Retail sales up 79.7% to $3.3b in May
However, this is still below pre-COVID levels.
Daily briefing: Online fashion retailers in SG take sustainable route; Ministers to respond to claims; FTA give foreigners 'free hand'
And Ministry of Transport to bring Changi Airport to "a new phase of life".
SG consumers trust organisations less after getting scam messages: survey
Around 41% lose trust over an organisation regardless of any real association with the fraudster.
CapitaLand exits Japan retail sector, invests in new logistics facility
The real estate firm will invest $90.8m in a new logistics facility in Osaka, Japan.
4 out of 5 Singaporeans prefer shopping for int’l products online
This is driven by better prices and access to items not found in Singapore.
Daily briefing: SG eyes becoming an e-commerce hub; MSO vendor reports “cyber incident”
And former Envy Global official face new charges in $1b investment case
Alibaba Business School launches Netpreneur Training Programme in Singapore
Alibaba trainers to share their knowledge on how enterprises can start their digital transformation journey.
Enterprise Singapore partners with Lazada to relaunch e-commerce booster package
The package aims to help previously unqualified SMEs to enter the digital market.
Retail sales hit record-breaking 54.0% growth but still below pre-COVID levels
The record-breaking growth was due to a much lower base in April last year, the start of the Circuit Breaker period.
Think of the savings! Lower prices drive 56% of Singaporeans to shop online
Singaporean shoppers are among the most sensitive to consumer prices, according to a study by PayPal.
Singaporeans are big fans of western trends: study
Western influence hugely impacts the public’s purchasing behaviour.
GrabSupermarket launches in Singapore with over 10,000 products
Singapore-based HAO mart will house the GrabSupermarket dark store.
NTUC FairPrice retains crown as top retailer in Singapore: study
Consumers expected to focus on the essential and the functional.
Sasseur REIT net income up 47.8% as Chinese malls recover
Sales at malls owned by Sasseur REIT rebounded one year after they were temporarily closed shop due to the pandemic.
OUE, Auric to take 40% stake of Indonesia's Matahari retailer
The two firms have formed a joint venture that has offered to buy at $0.14 (IDR1,530) per offer share.
How NTUC FairPrice's consumer centric mindset became its golden goose
"FairPrice on Wheels" community initiative brings daily essentials to mature estates with higher concentration of low-income seniors.
Commentary
Liquidity crucial to stock market reform
From ownership to access: Unlocking vehicle productivity in Singapore
Why Singapore schools need AI policies now: A chemistry teacher’s warning