Singapore
UnionPay expands in Asia
UnionPay, a leading card payment brand from China is expanding its sights for fast expansion in Asia, and internationally. After 13 years of development, the global UnionPay card acceptance network has extended to more than 150 countries and regions, with over 26 million merchants and 1.9 million ATMs worldwide accepting UnionPay cards.
UnionPay expands in Asia
UnionPay, a leading card payment brand from China is expanding its sights for fast expansion in Asia, and internationally. After 13 years of development, the global UnionPay card acceptance network has extended to more than 150 countries and regions, with over 26 million merchants and 1.9 million ATMs worldwide accepting UnionPay cards.
E-commerce shopping fever heats up in Asia-Pacific
With a high number of mobile users and rising middle classes in China, India and Indonesia, the Asia-Pacific (APAC) e-commerce market is surging to become, for the first time, the largest digital retail market in the world — and growing 10% faster than the worldwide average rate. APAC retail e-commerce sales is anticipated to increase to 20.4% of total APAC retail sales by 2019 from 10.2% last year. This is in comparison to a projected 12.8% worldwide average for 2019 from 7.4% in 2015.
CONTINUOUS SALES … Why Black Friday was a missed opportunity for online loyalty programmes
The traditional Christmas holiday period is Singapore’s main shopping event, but US-style discount days such as Black Friday are beginning to gain traction.
CONTINUOUS SALES … Undesirable & unsustainable business strategy
Black Friday, Singles Day and numerous pre- and post-Christmas sales in the last quarter of each year offer shoppers great year-end deals as well as opportunities for retailers to off-load their inventory.
Singapore commuters shop at Guardian's virtual pop-up store
During the 2015 year-end festive season, Guardian Health & Beauty set up an experimental pop-up store in Singapore which allowed local commuters to shop and pick up gifts on their commute home.
FairPrice launches disabled-friendly store
Singapore's NTUC FairPrice’s newest supermarket outlet in the Enabling Village, an integrated community space for people with disabilities, is designed for the convenience of shoppers with disabilities or ageing.
Clean Clothes Campaign advocating minimum wage standard in Cambodia
The Clean Clothes Campaign (CCC), is advocating a minimum wage rise in Cambodia, targeting the world’s large fashion brands such as H&M, Inditex, Levi’s and Gap.
Changi Airport crowns 52-year-old Irish woman as its newest millionaire
Changi Airport crowned a 52-year-old Irish woman the winner of its “Be a Changi Millionaire” draw held at Terminal 3 last month. Linda Tobin beat six other finalists — three Singaporeans, one Indonesian, one Malaysian and one Briton — to take home the grand prize of S$1 million (US$700,000).
Zebra shows its stripes in IoT and wireless
Imran Akbar, vice-president & general manager, Enterprise Networks and Communications, Zebra Technologies, and Ryan Goh, vice-president and general manager, Zebra Technologies Asia-Pacific, talk IoT with Vanessa Ching and shares about how wireless is changing the game in retail.
FHA2016 features many firsts in food & hospitality
The international food and hospitality scene is heating up, with Asia taking the lead. In four months’ time, the region’s premier industry event, FHA2016 (Food&HotelAsia2016) will bring more than 300 first-time exhibitors to the show, including a host of new international group pavilion entrants.
The Shoppes at Marina Bay Sands: Luxury retail personified
With 800,000sqf of retail space and boasting more than 170 luxury and premium brands spanning across bespoke menswear, women’s collections, luxury children’s labels, as well as luxury watch and jewellery brands, there is much variety on offer for the luxury shopper, under one roof.
2016 RETAIL OUTLOOK: Rounding up 2015 and looking ahead to 2016
Rising operating costs, lower sales and an increasingly competitive environment continued to plague retailers in Singapore and Malaysia in the last quarter, eroding the performance at many retail establishments in the two countries.
Indoguna – a fine food success
Helene Raudaschl, managing director of Indoguna, is very much into food. And so is her staff. For 22 years, they have grown through perseverance in pursuing their mission to source the best quality food products for their customers that include top hotels and restaurants, gourmet shops, supermarkets and airline caterers.
Wincor delivers omni-channel & productivity wins to retailers
Raymond Hom, Wincor Nixdorf’s regional software sales director, APAC, shares with Vanessa Ching on omni-channel trends and the ‘store of the future’.
FLA 2015 signals growth and sophistication in S'pore and beyond
The crème de la crème of the franchising and licensing industry in Singapore were recognised and awarded at the annual regional Franchising and Licensing Association (FLA) Awards 2015 (Singapore) held at the Marina Mandarin hotel in October. The awards saw a 20% increase in entries with an upward trend in participants hailing from unconventional sectors, such as property, retail and health and fitness, even as veteran industries, such as F&B and education, remained strong in the franchising and licensing playing field.
Oishii Japan 2015 garners record attendance
The recently-concluded Oishii Japan 2015 attracted its biggest number of participants to date, and 76% of those who attended have said they were keen to take part in next year’s event. Some 87% of participants said they would recommend Oishii Japan to their industry counterparts.
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AI prompts fearless dive into corporate reinvention
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Technology
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
