Tag: Singapore

Retail Asia20/09/2022
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Singapore Post Limited (SingPost) has elected Mr Li Yu as CEO for its international business with effect from 12 September 2022. Mr Yu possesses over 17 years of experience spanning across Engineering, Operations, Project Management, Customer/Sales support, Strategy, and Technology implementation. He joins SingPost’s management team from United Parcel Service (UPS), where he was most […]

Retail Asia20/09/2022
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Tech company Thales has appointed Emily Tan as country director for Thales Singapore and as CEO for Thales Solutions Asia Pte Ltd, effective 1 September 2022. The Singaporean native, who spent 14 years with Shell assuming leadership roles, will oversee the 2,000-strong Thales team across three sites in the city-state, including the Group’s Digital Identity […]

Retail Asia15/09/2022
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Miracle Coffee will launch a 90-day pop-up café kiosk at the ArtScience Museum in Singapore’s Marina Bay Sands by the end of September 2022, ahead of a brick-and-mortar store launch in the museum’s lobby next year. Miracle Coffee said the kiosk will only serve beverages, including an exclusive for the location called Kaya Cloud. Further […]

Retail Asia06/09/2022
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Singapore retail sales continued their rebound in July, rising 18.1 per cent year on year, excluding motor vehicles. That followed a 19.9 per cent increase in June, both months reflecting the low base of a year earlier when Covid restrictions on border crossings and retail trading impacted shopping. The fastest-growing category was apparel and footwear […]

Retail Asia05/09/2022
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Ginza Xiaoma, the Japanese authorised partner of French luxury brand Hermes, has opened its first boutique in Singapore, its third globally. Located on Orchard Road, the 240sqm store follows a flagship in the Ginza Tokyo, and a Hong Kong boutique. Founded in 2015, Ginza Xiaoma has almost 10 years of experience buying, consigning, selling, and […]

Retail Asia02/09/2022
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Swiss-made watch brand Norqain has made its debut in Singapore, as part of an expansion into the Asia market.  The watch retailer has collaborated with Southeast Asia distributor Melchers, a Singapore branch of Melchers Group, for the launch. This is also the brand’s second global flagship store after the first opened in Zermatt, Switzerland, last […]

Retail Asia01/09/2022
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3min0
M1 Limited has announced that it will undertake an ambitious multi-year project that aims to provide ubiquitous 5G standalone (SA) offshore coverage for the southern coast of Singapore, including the surrounding waters of the southern islands. Extending 5G offshore coverage enhances connectivity in the larger maritime ecosystem and unlocks new use cases and applications. This […]

Retail Asia29/08/2022
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Singapore-based e-commerce firm Qoo10 plans to acquire TMON through a stock swap deal, industry sources said Thursday. TMON’s two major shareholders — Anchor Equity Partners and Kohlberg Kravis Roberts & Co. — have agreed on the stock swap deal with Qoo10, according to the sources. Under the deal, the two shareholders will trade their 81.74 […]

Retail Asia29/08/2022
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3min0
M1 has announced ZΩH as its latest Mobile Virtual Network Operator (MVNO) partner. As a telecommunication service offering from enterprise network and ICT provider Lifeway Singapore, ZΩH will leverage M1’s advanced mobile network infrastructure to offer mobile services specifically to enterprise customers. ZΩH provides a diverse range of mobile and data roaming plans to corporate […]

Retail Asia29/08/2022
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The Monetary Authority Singapore is reeling back on retail access to cryptocurrencies with the latest consideration for more curbs. The MAS is considering tightening crypto rules for retail investors by «adding friction» to mass access, according to managing director Ravi Menon in a speech published online. This includes the possible addition of suitability tests as […]

Retail Asia12/08/2022
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4min0
5G enables technologies such as AI, Digital Twin, and augmented and extended realities to seamlessly work together, a key need for businesses at the forefront of digital transformation, providing consumers with a better-quality experience. In advancing Singapore’s 5G ecosystem, the Infocomm Media Development Authority (IMDA) is working with the industry to unlock the real value […]

Retail Asia10/08/2022
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The store people have been impatiently waiting has finally arrived. The go-to IT fashion brand, Claude, has officially opened its first brick-and-mortar store at Takashimaya Shopping Centre, Singapore on July 29th, 2022. As it always go with Claude, they celebrated the grand opening of their 1600sqft store with flair and much grandiose. Hosted by Aimee Cheng-Bradshaw and accompanied by plenty of familiar faces and […]

Retail Asia27/07/2022
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Singtel has achieved over 95% standalone 5G nationwide coverage. This comes more than three years ahead of the regulatory target of end-2025, effectively making Singapore the first country in the world to be fully covered by standalone 5G. Singtel’s standalone 5G network now covers more than 1,300 outdoor locations and over 400 in-building, as well […]

Retail Asia26/07/2022
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2min0
Starbucks Thailand has announced an expansion strategy, which calls for opening 30 new coffee shops in Thailand every year until 2024 – 90 in all – according to Bangkok Post. The company claims to be prepared to expand again this year, after sales improved during the first half of this year. In addition, Starbucks Thailand […]

Retail Asia14/07/2022
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2min0
The MAS indicates it will continue to tighten policy to slow inflation and ensure price stability in the medium term. The Monetary Authority of Singapore (MAS) indicated in a statement published on its website Thursday that it believes it is «prudent» to take another «calibrated step to tighten monetary policy». Along with numerous other international central banks, it believes […]

Retail Asia11/07/2022
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Sportswear giant Nike has collaborated with GMG to launch a new-generation store at Vivo City in Singapore.  According to Nike, the 5900sqft store is intended to bring customers closer to sports and closer together. It has a wide selection of innovative gear, sporting essentials, and seasonal offerings for men, women, and children. Nike says customers […]


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