Retail
Business receipts in service industries rise 12.7% YoY in Q3 2024
Business receipts in service industries rise 12.7% YoY in Q3 2024
Information and Communications led business receipts growth.
Three in four Singapore consumers have less trust in companies now than in 2023
61% feel companies are reckless with customer data.
Secondhand furniture gains traction as Singaporeans embrace circular economy practices
Singaporeans saved 21,970 tonnes of carbon emissions by purchasing secondhand furniture.
What are the two Ps driving Gen Z’s spending habits today?
These habits are driven by economic and lifestyle challenges.
DFI's Malaysia unit halts operations after latest compulsory land acquisition notice
The company received the first notice on 3 October.
Around 40% of APAC marketing leaders focus on Singapore for ABM strategies
42.5% plan to increase their ABM spending in 2024.
Retail occupancy rate inches up to 93.5% QoQ
Occupancy along Orchard/Scotts Road edged up to 93%.
Singapore e-commerce set to hit $33.3b by 2028
It is expected to grow by 11.7% in 2024.
Singapore NODX down 4.6% YoY in October
It was driven primarily by weaker demand for non-electronic products.
MSME share in Singapore e-commerce exports set to decline despite growth by 2028
Its share of revenues is expected to decline to 43% from 45%.
Cortina Holdings net profit down 8.6% YoY in H1
The company said this was due to increased operating expenses.
Sea Limited posts $153.3m profit in Q3 2024.
The group's GAAP revenue also rose to $4.3b.
COE price surge driven by local buyers, not PHCs: Chee
Singapore residents have consistently made up the majority of successful bids, he said.
Retail sales drop in Q3, overseas spending to amplify decline: Savills
High prices in Singapore and strong SGD may prompt consumers to spend overseas.
3 factors poised to lift retail sales into Q1 2025
In September, retail sales grew by 2% YoY.
China Duty Free opens second boutique at Changi Aiport
This marks the second luxury store operated by CDFG.
CICT completes acquisition of 50% stake in ION Orchard
It acquired the shares from CapitaLand Investment Limited.
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