Retail
RTS Link could cause significant retail value leakage, warns expert
RTS Link could cause significant retail value leakage, warns expert
DBS also expects a 3% to 4% impact on local retail sales.
Analysts keep a bright outlook for retail
RHB sees retail sales rising 2% YoY in 2024.
Retail sales rise 2.2% YoY in May
Excluding motor vehicles, sales would remain flat.
Consumers want more engagement on social issues, corporate leaders disagree: report
85% believe that companies and brands should be responsible for addressing social issues.
Local MSMEs primed to capture global e-commerce growth
B2C e-commerce exports to reach $3.9B by 2027.
IMDA and Amazon partner to boost digital skills for Singaporeans
The initiative will focus on teaching safe online shopping and Gen AI.
How businesses can successfully influence sustainable consumerism in Singapore
In Singapore, 80% of consumers are environmentally concerned, but only 35% are willing to pay up to 10% more for eco-friendly goods.
Seven in ten Singaporean shoppers open to no packaging for online orders: report
Shoppers were mainly concerned about recycling or disposing of the packaging.
Singapore and South Korea most willing to invest in sustainable and inclusive brands
Gen Z also pays more for sustainable and inclusive brands than older generations.
Here’s how Gen Z consumer preference reshapes APAC’s marketing landscape
Gen Z consumers are observed to purchase based on pleasure and purpose, whilst being conscious of cost and convenience.
SBMA introduces Retail Gold Investment Committee
This is in collaboration with the World Gold Council and will be chaired by Silver Bullion.
Analysts still optimistic on retail despite April sales slump
Sales were down 1.2% YoY in April.
Retail sales drop 1.2% YoY in April
Excluding motor vehicles, sales would have fallen 4.5% YoY.
Credit card dominance in Singapore to wane by 2027 with digital wallet rise
Digital wallets will dominate 50% of online transactions and credit card spending will fall to 32% in three years.
The Hour Glass's profit after tax drops 10% to $157.6m in FY24
New Zealand’s tax changes impacted profit.
Cortina's profit falls 20% to $61.1m on higher costs, exchange rates
With lower profits, the company reported a profit per share of $0.369.
Singapore retailers slow to adopt self-checkout
Less than two in 10 retailers offer such feature.
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