Singapore
How are Singaporean businesses adapting to cashless trends?
About 31% of consumers in Singapore do not carry wallets any more.
How are Singaporean businesses adapting to cashless trends?
About 31% of consumers in Singapore do not carry wallets any more.
Food Empire expands in Central Asia with new facility in Kazakhstan
It aims to meet the growing demand for instant beverages in the region.
ION Orchard leads charge in sustainable takeaway practices
Shoppers will enjoy discounts when they opt for a reusable mug or food container from Muuse.
IlaoIlao posts $60.4m net turnover in 2023
The total global sales to end customers in 2023 reached $152.9m.
ION Orchard dives into gamification amidst experiential retail demand
The mall’s in-app augmented reality game offers more than 30 rewards.
8 in 10 Singapore consumers willing to invest time in ID verification
Preferred methods for identity verification include submitting a picture of their ID and a live selfie when creating new online accounts.
Jumbo Gold and Diamonds shifts to retail with Mark Gabriel Fine Jewellers
It aims to meet the demand for customisable and affordable jewelry in Singapore.
Singapore retail sales up 2.7% YoY in March
The estimated total retail sales value amounted to $3.1b.
FairPrice Group offers over $4.5m in May Day discounts
From 25 April, union members get a 50% discount on selected essential items for three weeks.
9 in 10 Singaporean marketers expect social media to reign in retail by 2024
Around 59% are now also using generative AI tools to create content that resonates more effectively with their audience.
E-commerce giants outshine Facebook in SG marketplace safety ratings
In 2023, Singapore reported 9,783 e-commerce scam cases.
Payment cards hold 40% share in Singapore's e-commerce
The market is expected to hit $23.6b at a CAGR of 9.1% by 2028.
Singapore grants Vow approval to sell cultured quail meat
The product, Forged Parfait, will launch on 12 April at the Mandala Club.
Coffee and tea shops in SG set for 1% CAGR through 2025
In 2023, such shops recorded a sales value above US$200m.
Carousell Group acquires LuxLexicon to boost luxury segment
The group’s luxury bag category listings have grown monthly by 71% in the past two years.
Swee Lee unveils new music lifestyle store in Clarke Quay
Highlights of the store include dedicated spaces for product demos, lounging, and listening to vinyl records.
Privatisation move for Isetan Singapore underway
Isetan Mitsukoshi will acquire 19,500,000 shares in Isetan Singapore for $140m.
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1. Consumer goods excellence lauded at FMCG Asia Awards 2024 2. Personal Collection's Tuff wins FMCG Asia Awards 2024 for excellence in home care 3. Swarovski cracks TikTok to scale luxury amongst Gen Zs 4. Singapore e-commerce market to reach $24.8b by 2028 5. Pharmacity brings home win at FMCG Asia Awards 2024Resource Center
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Suntory Taiwan takes home win at FMCG Asia Awards 2024
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Co-Written / Partner
The ageing of its Kakubin brand brought the need for repositioning and premiumisation.
The ageing of its Kakubin brand brought the need for repositioning and premiumisation.
Commentary
Why micro-retail is the way to go to reach Southeast Asian shoppers