Singapore’s tourism industry has been a key support to their retail sector. In 2016, international visitor arrivals and tourism receipts scaled to a new high of 16.4 million and S$24.6 million respectively, proving Singapore’s importance as one of Asia’s leading retail destinations. However, in 2017, a decrease in retail spend was seen despite the growth… Continue reading Report: Singapore’s Tourism Rises While Retail Spend Declines. What’s Causing It?
Every year, thousands of tourist flock to Singapore for the year-end holidays. It’s the time of the year when Orchard Road, the country’s premier lifestyle and shopping destination will transform into a magical wonderland. Shopping malls bedecked with flickering fairy lights, twinkling trees and elaborate decorations, street performances and festive bazaars galore, with all of… Continue reading How Singapore’s Tourism Board Drives Retail Every Year
The e-commerce industry has been steadily growing in the past few years. Google and Temasek Holdings report that the market size for Singapore’s e-commerce industry will grow to US$5.4 billion by 2025. Today, many brick-and-mortar retailers are supplementing their physical sales through online distribution platforms. If you are looking to get a foot into the… Continue reading E-Commerce In Singapore: A 4-Step Guide To Get Started
A burnout can occur when you least expect it. Perhaps you’ve overworked yourself. You’re juggling too many roles. You’re handling more than you can manage. You’re brain is constantly on over-drive and you’ve worked yourself to the brink of exhaustion. It’s not uncommon to hear this in Singapore. In a time and age where we’re… Continue reading 4 Powerful Ways To Beat the Burnout for Singaporean Business Owners