Tag: Singapore

Retail Asia30/10/2017
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2min0
The Singapore eyewear market is expected to reach US$400 million in value in the near future, says a new study. The Ken Research report notes amplified demand for premium eyewear brands as consumer awareness grows, with an emphasis on individualisation. “The market is transitioning toward a large number of diverse products and short product cycle,” […]

Retail Asia30/10/2017
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2min0
Despite a large amount of supply coming through 2015–2016, the data center market in Singapore continues to lead some of its large neighbors in the Asia-Pacific (APAC) region in a race to the top of data center location rankings. According to Cushman & Wakefield’s Data Center Risk Index, Singapore is the most robust market out […]

Retail Asia30/10/2017
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2min0
Singapore’s M1 has upgraded and expanded its suite of services for corporate customers, including through the introduction of the world’s first 10Gbps symmetrical passive optical network. The new symmetric PON service will allow M1 to provide low-latency 10Gbps symmetrical speeds with guaranteed bitrates across Singapore, for applications including SDN, cloud computing and 4K or 8K […]

Retail Asia26/10/2017
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3min0
Singaporean incumbent carrier Singtel has launched a new network solution to support enterprises’ evolving networking needs across the globe. The new solution, touted as Singtel Managed Software-Defined Branch (Singtel SD Branch), is delivered through a “white box” or generic hardware that enables enterprises to manage multiple and virtualized network functions at their existing sites or when they […]

Retail Asia23/10/2017
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5min0
Singapore m-commerce is set for 33 per cent growth in the next five years, according to a new report. However, while it leads Southeast Asia in smartphone and mobile broadband use, Singapore is nearing saturation point for its e-commerce market, says Worldpay’s Global Payments Report. Despite its modest population numbers, the city/state is the region’s […]

Retail Asia23/10/2017
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1min0
Singapore Airlines Cargo was named Combination Carrier of the Year in the Customer Choice Awards category at the 2017 Payload Asia Gala Dinner and Awards Ceremony. The hallmark event, held at the Crowne Plaza Changi Airport on 12 October 2017, featured award categories voted by key stakeholders in the logistics business, reflecting the true voice […]

Retail Asia23/10/2017
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4min
A study by Google and Temasek revealed that 6.7% of all retail sales is expected to be done via e-commerce channels by 2025. What is significant about this data is that offline or storefront sales will continue to dominate retail sales for a foreseeable future. At the same time, retailers recognize the importance of smartphone […]

Retail Asia19/10/2017
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1min0
In a bid to help families reconnect, McDonald’s Singapore has introduced a locker for mobile phones at its Marine Cove flagship. Its new“Family Playdate” concept includes table service with the aim of promoting human interaction. McDonald’s says a survey it ran shows that more than 90 per cent of parents and children use their mobile […]

Retail Asia17/10/2017
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2min0
Singapore’s M1 has expanded its data-heavy mySIM mobile plans to bundle the offers with handset subsidies. M1 launched a range of SIM-only plans in 2015 that offered large data allocations for customers who do not need a new handset. Building on the popularity of this plan, M1 has unveiled the new mySIMe bundled mobile plans, which start […]

Retail Asia16/10/2017
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1min0
Uniqlo Singapore is opening two more stores – at Changi Airport Terminal 4 at the end of this month and at Northpoint at the end of December. This will take its Singapore store total to 26, as well as its online outlet. Its airport store will be in the departures hall of the new Terminal […]

Retail Asia16/10/2017
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1min0
Real Singapore retail sales – those excluding motor vehicles – rose by 3.7 per cent in August, compared with the same month last year. Compared with July, they fell by 1.2 per cent. Adding motor vehicles into the data, August sales rose by 3.5 per cent year-on-year and eased 0.3 per cent month-on-month. Statistics Singapore […]

Retail Asia16/10/2017
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2min0
Singapore startup Velox Networks has launched a new VoIP and cloud based private branch exchange (PBX) communications platform. Velox said the deployment will allow it to offer end-to-end communications services at a fraction of the costs charged by the incumbents – the company is promising business customers prices up to 95% lower than prevailing rates. […]

Retail Asia13/10/2017
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7min0
When a business operates across hundreds of sites globally, the little things add up. And so German logistics company DHL has kick started a series of internet of things (IoT) pilots across its sites around the world – the latest being an automotive plant in Liuzhou, China, with the help of Chinese technology company Huawei. […]

Retail Asia13/10/2017
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1min0
Sincere Fine Watches in Singapore continues its “100” exhibition theme, this time showcasing that number of masterpieces from German watchmaker A Lange & Sohne. The series started in 2013 with the “100 Tourbillons” exhibition, bringing together 21 brands in a world-first showcase. In 2015, “100 Complications” featured 22 brands in the best of haute horlogerie. […]

Retail Asia13/10/2017
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3min0
Singtel and Ericsson have announced plans to jointly establish Singapore’s first 5G Center of Excellence to spearhead Singapore’s evolution to 5G. The center will receive co-funding from both Singtel and Ericsson, with the companies committing an initial $2 million investment for the next three years. It will seek to train 100 Singtel engineers in the critical competencies involved in designing and operating a […]

Retail Asia12/10/2017
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3min0
Paragon parent SPH Reit says both its Singapore mall properties have continued their track record of full occupancy amid mounting competition. Despite a muted retail environment, gross revenue for the quarter ended August 31 grew 1.3 per cent to S$52.9 million (US$38.9 million). The trust says this is because of higher rental income from Paragon […]

Retail Asia12/10/2017
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2min0
Singapore Airlines (SIA) and Grab have integrated their respective mobile apps to offer enhanced convenience to travelers. The partnership will benefit customers who are travelling to the airport in six countries across Southeast Asia – Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. SIA customers can now book Grab rides through the SingaporeAir mobile app. Customers […]


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