Tag: Singapore

Retail Asia15/03/2024
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The median income difference between women and men working in Singapore was 14.3% last year, down from 16.3% in 2018, according to the Ministry of Manpower’s study. Differences in occupation between men and women remained the key factor influencing the gender pay gap. Men are overrepresented in higher-paying occupations, according to a study examining the […]

Retail Asia07/03/2024
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Singapore retail sales – after excluding motor vehicles from the data – dropped 2.1 percent year-on-year in January, following the 2.8 percent decrease in December. According to the Department of Statistics, January retail sales edged up 0.5 percent on a seasonally adjusted basis compared to the previous month. The estimated total retail sales value was […]

Retail Asia01/03/2024
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Tomoro Coffee has opened its first location in Singapore as part of its ambition to become Southeast Asia’s largest coffee chain. The location is inside the Hon Sui Sen Memorial Library at NUS Business School, aiming to convey the brand’s dedication to quality and affordability. “In today’s coffee culture, we’ve noticed a growing trend where […]

Retail Asia28/02/2024
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German sportscar manufacturer Porsche has opened its Porsche Studio in Singapore intending to provide an improved studio model. The new two-story showroom is part of downtown Singapore’s famous Guoco Midtown mixed-use development, near the Bugis heritage zone. The venue features a sleek and modern design with Singaporean touches like “breeze block” patterns inspired by historic local architecture […]

Retail Asia19/02/2024
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Embraer is set to display its growing portfolio of aircraft at the Singapore Airshow on 20-25 February, as the company looks to strengthen its presence in Asia Pacific The Brazilian aircraft manufacturer, which also has an office in Beijing, will showcase its aircraft solutions for defense and security, commercial aviation, and business aviation, including the […]

Retail Asia14/02/2024
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Luxury fashion house Louis Vuitton has launched its first chocolate store outside France, in Singapore. The chocolates, offered at Marina Bay Sands’ Louis Vuitton Island Maison boutique, are inspired by award-winning pastry chef Maxime Frédéric and prepared with ingredients including hazelnuts harvested on his farm in Normandy. The store’s design features yellow as the main […]

Retail Asia08/12/2023
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Miracle Coffee has launched its flagship store in Singapore, succeeding the brand’s pop-up kiosk at the ArtScience Museum in Singapore’s Marina Bay Sands, which opened in September last year. The flagship location, created by Singapore firm Parable Studio, includes The Miracle Lab as a sharing platform to promote coffee and innovation conversations. Miracle Coffee, founded in […]

Retail Asia04/12/2023
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German shoe manufacturer Birkenstock has launched its House of Birkenstock in Singapore, marking the first of its kind in Asia. The store, located in one of the Duxton shophouses, combines the local design elements with its traditional German heritage. It is also Birkenstock’s seventh location in Singapore. The store’s entrance includes a traditional Chinese wooden signboard, handmade paper lanterns […]

Retail Asia08/11/2023
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Freight Management Holdings or FMH, a subsidiary of Singapore Post, has entered into a conditional sale and purchase agreement with the shareholders of Border Express, for a maximum purchase consideration of A$210 million, or approximately S$183 million. Border Express is considered the 6th largest national transport and distribution services company in Australia with comprehensive freight […]

Retail Asia08/11/2023
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Chloe has partnered with Heinemann Asia Pacific to launch a new boutique in Changi Airport’s Terminal 2 transit area. The launch, which marks Chloe’s first entry into Changi Airport and Heinemann’s return to Changi after an eight-year absence, includes a wide selection of products ranging from leather goods to shoes and accessories, as well as […]

Retail Asia06/11/2023
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Singapore retail sales – excluding motor vehicles – were up only 0.5 percent year-on-year in September, a slowdown compared to the 4 per cent increase in August. According to the Department of Statistics Singapore, the total retail sales value was about US$2.5 billion, down 0.8 percent month over month on a seasonally adjusted basis. Online […]

Retail Asia16/10/2023
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Flash Coffee has shut its Singapore operations to focus on other markets, the company told CNA on Friday (Oct 13) in response to queries about its business here. The Singapore-based coffee chain had 11 outlets in Singapore, including one at Jurong Point where a sign on Thursday said employees were “on strike” over late salary […]

Retail Asia04/10/2023
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Jollibee Singapore has opened its 20th location in Singapore – and its first in the city to feature a drive-thru service – at Caltex Jurong Spring station. “This milestone coincides with our 10th anniversary in Singapore, during which time we have expanded from a single outlet in Lucky Plaza to 20 stores across the country, […]

Retail Asia20/09/2023
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Singapore-based sneaker marketplace Novelship has bagged US$9.5 million in its Series B funding round led by East Ventures, iGlobe Partners, and GSR Ventures. The company said the new funds will be used to accelerate its expansion plans in Southeast Asia, including enhancing its logistics capabilities, refining authentication processes, expanding its slew of in-house collections, and […]

Retail Asia08/09/2023
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If anyone thought that Credit Suisse’s collapse would prove fatal to the Swiss finance hub should take a look at what is going on in the city-state right now. Singapore and its financial hub have been in the throngs of an unbelievably large money laundering scandal since the middle of August. It relates to billions […]


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