News

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.

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.

JD.com invests $132.2m into video content creation

It aims to attract more creators and institutions to the platform.

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.

HK’s retail leasing momentum slows as vacancy falls: report

All four core districts recorded single-digit vacancy rates for the first time since Q2 2018.

EssilorLuxottica seals acquisition of Washin Optical to expand optical retail presence in Japan

The group aims to boost the recognition of quality eyewear and eye care solutions amongst Japanese consumers.

AS Watson names Malina Ngai as Group CEO

She will now lead in defining the company's vision and formulating strategies to prioritise customer satisfaction and global growth.

JD.com and Lenovo partner to drive AI integration in PC market

It is expected to accelerate the adoption of AI PCs and expand smart device usage in homes.

Giordano shareholders vote to oust CEO

Around 66.07% voted in favour of his removal.

Waterless cosmetics gain traction in APAC amidst growing eco-consciousness

These products will reduce the strain on freshwater supply, according to GlobalData.

Consumer sentiment dampens retail in China

Economy, prices, and job security are causing Chinese consumers to cut back on spending, particularly on price-sensitive items.

APAC retail property sector bounces back post-pandemic

Asia Pacific remains the fastest-growing region,.

Mitsui and ROHTO to jointly acquire Eu Yan Sang International

The acquisition is valued at approximately $593m.

Authentic Brands Group names Lim Mi-Kyoung as SVP and head of ANZ

She will lead the brand's regional expansion efforts.

MINISO unveils first Malaysian IP collection store

It already surpassed sales records in the country for two consecutive days post-opening.

APAC retail rents to rise gradually as travel rebounds: report

Landlord strength is evident in markets such as Taipei, Bangkok, Singapore, and Vietnam.

Chinese consumers prioritise entertainment and relaxation in retail choices: report

The nation’s retail sector witnessed a robust recovery in tourism, film attendance, and the performing arts in 2023.