Retail
OSIM International’s S$13.1m profit below analyst’s expectations
Its revenue also declined 10.8% QoQ to S$123.6m in 3Q11.
OSIM International’s S$13.1m profit below analyst’s expectations
Its revenue also declined 10.8% QoQ to S$123.6m in 3Q11.
Jardine Cycle & Carriage appoints David Alexander Newbigging as Group Managing Director
Mr Newbigging’s previous jobs include CEO of Jardine Engineering and General Manager of IKEA Hong Kong.
Braun Büffel to open a boutique at The Centrepoint
Don't worry, you don't have to wait for too long as the new branch will open this November.
Sin Ghee Huat Corporation appoints Kua Peng Chuan as Director of Market Development
Kua has been in sales department of the company since October 2004.
CapitaMalls Asia profit down 30% to S$36.5m
This is for the third quarter, and fingers point to the one-off provision for its Hong Kong listing expenses as the culprit. Figures look good though...
Brick-and-mortar stores battle online counterparts
Guess who will win in the sector which generated $3.8b in value-add in 2009, or 1.5% of Singapore's GDP.
CapitaMalls Asia unveils debut Singapore Retail Global Connexion
The event to highlight successful retailers as it aims to inspire other retailers and students, to spur the development of the retail industry.
New hawker centre to be built after 25 years
It will be built and completed in Bukit Panjang within the next three years.
More and more Singaporeans enjoy online shopping
The online shopping market for groceries in Singapore has been growing fast this year, according to statistics of payment service provider PayPal.
Singapore retail and F&B should focus on long-term growth: Minister Lim Hng Kiang
The industries have been lagging behind in terms of profits as companies tend to focus on quick top-line solutions.
Supersized: SMEs receive $6.7m for productivity improvement
A total of 80 SMEs productivity improvement projects so far have benefited from the funding.
Hong Konger found guilty of tourist refund fraud
Mr Hung Yat Sing, a 46-year-old from Hong Kong, was found guilty of making false Goods and Services Tax claims of $5,481.
Singapore to hear less ka-ching!
Amidst negative global sentiment, spending attitudes are forecast to be precautionary.
Ka-ching!: Retail sales up 2.1% in July
Food and beverage sales also rose 1.6%.
Singapore’s retail sales may have surged 8.1% in July
Excluding motor vehicles, Standard Chartered expects the print to come in at 7.8%.
Retail therapy: Government to fund $3m retail scholarships
This is to provide Singapore’s retail workforce accessible and affordable university education.
Price pressure: Companies worldwide lose 25% of profits on battling price wars
And 83% of managers blame their competitors for triggering the price wars.
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