Retail
SGREIT's net profit rises 7.2% YoY to $69.64m in H1 FY21/22
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.
SG retail sales 6.5% lower than 2019: Fitch
It reflected the struggle to return to pre-pandemic levels.
DBS Bank adds 7 beneficiaries of ‘Adopt-A-Hawker Centre’ programme
Currently, the bank supports three hawker centres under its group-buy scheme.
Not so happy to serve? 9 in 10 consumers dissatisfied with customer service experience
Customer dissatisfaction may cost businesses $14.98b annually, Qualtrics warned.
Here are 5 ways to curb festive season overspending
Around 56% of Singaporeans overspend their money during the season.
NTUC FairPrice wins two major awards for management excellence
It was recognised for executive of the year and COVID management initiatives.
Retail sales jump 7.5% YoY despite tight restrictions in October
This is higher compared to September's retail sales YoY increase at 6.8%.
SG parents need $1,600 to cover newborn costs: iPrice
Birth rates in the country have declined since the pandemic began.
MNACT settles Festival Walk insurance claim for $58.3m
The agreement comprises two payments.
Domestic wholesale trade soars 38.4% YoY in Q3
The increase was partly due to higher oil prices.
Going beyond price as a value-add
Singles Day, Black Friday, Cyber Monday… these events are commonly associated with online deals and discounts.
Sasseur REIT’s DPU rises 3.8% YoY to $0.01831 in Q3
This is the REIT’s highest Q3 DPU since its IPO listing in 2018.