Retail
Sea Ltd’s net income climbs 10.6% to $586.7m in Q2 on Shopee growth
Sea Ltd’s net income climbs 10.6% to $586.7m in Q2 on Shopee growth
CEO Li is optimistic that Shopee will achieve US$1b adjusted earnings in 2026.
47 minutes ago
Aspial Lifestyle profit jumps 89% in H1 despite $5.2m hedging loss
Higher retail sales and lending revenue drove earnings growth.
1 day ago
Retail growth to slow to 3% on tourism drag, rising job cuts: banks
June sales rose 4%, but eight of 14 segments posted monthly declines.
5 days ago
CCS gets up to $1m refund pledge over DNA Brands’ unfair sales tactics
Probe found staff assessed customers’ credit capacity and CPF savings.
Prime rents rise 0.2% in Q2 despite cautious spending
Other city areas led H1 growth, with rents rising 1.0%.
Singapore leads ASEAN in consumer confidence gains
Positive views of the current economy rose 16 percentage points to 66%.
Retail rents rebound 0.6% in Q2 despite drop in occupied space
Rental index returned to 80.6, the same level as in Q4 2025.
Prime retail rents edge up 0.4% in Q2
Occupier demand remained modest as economic uncertainty weighed on consumer and tourism spending.
RTS Link could shift $290m more spending out of S’pore: study
SBF sees $1.05b in new spending by Singaporeans in Johor Bahru.
Knight Frank urges variable rent model as retail rents climb 2.6%
Orchard Road retained the highest gross rents even as its growth moderated for a third quarter.
MAS proposes framework to widen retail fund offerings
An Alternative Funds Appendix will accommodate new investment products.
GDP upgrade, CDC vouchers support retail sales outlook
UOB said global risks may weigh on discretionary spending.
Retail sales growth cools in May
Monthly sales fell as consumer purchases eased after April's stronger performance.
Lazada trims workforce in Singapore, other Southeast Asia markets
The move affects about 5% of staff as e-commerce sector continues restructuring.
FairPrice extends $6 return voucher offer to 21 June
The extension covers the group’s third voucher round this year.
FairPrice rolls out $6 vouchers to counter inflation
Price freezes on 500 essentials will stay until the end of August.
Retail growth masks consumer budget squeeze
High-end watches, jewellery, and expensive household furniture face an intense winter slump.
Commentary
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Where does value creation really happen?