retail

IUIGA disrupts homeware and furniture industry with transparent pricing - THE EDGE SINGAPORE

Startups, Entrepreneurs, Digital economy

IUIGA disrupts homeware and furniture industry with transparent pricing

For years, Jaslyn Chan wondered why quality furniture and furnishings come with big price tags, when other consumer products had improved in both quality and affordability.

Neo Group reports 486.5% surge in 1H earnings to $13.6 mil on higher other income and reduction in operating expenses - THE EDGE SINGAPORE

Results

Neo Group reports 486.5% surge in 1H earnings to $13.6 mil on higher other income and reduction in operating expenses

Neo Group Limited has reported earnings of $13.6 million for the 1HFY2020/2021 ended Sept 30, 2020, some 486.5% up from the earnings of $2.3 million reported a year ago.

Government measures to prevent economy from contracting by 5.6%, but Singapore still expected to face a full year recession - THE EDGE SINGAPORE

Singapore economy

Government measures to prevent economy from contracting by 5.6%, but Singapore still expected to face a full year recession

The close to $100 billion in relief measures disbursed has prevented Singapore’s economy from a further 5.6% in 2020 and 4.8% in 2021, says the Monetary Authority of Singapore (MAS).

Travel

Living the new normal

SINGAPORE (June 5): The road to recovery is both exhilarating and unsettling. Covid-19 has spared no nation but, as long as there is life, there is hope.

Covid-19

'Live' commerce and omnichannel retailing — a new way to buy

SINGAPORE (Apr 17): Countries all around the world are slowly going into lockdown mode —citizens are required to stay home throughout the period, only leaving to gather essentials.

Global Economy

A third of the world's consumers are suddenly nervous to spend

MUMBAI/BEIJING (Oct 9): Down the street from Mumbai’s grand colonial-era Royal Opera House, Deepak Gurnaney sits in his small electronics shop in front of rows of flat screen TVs flashing Hindi-soa

Singapore economy

Singapore retail property battles online shopping exodus

SINGAPORE (July 24): Singapore’s malls are showing some resilience to the global hollowing out of physical retail by online shopping.

Broker's Calls

CapitaLand Mall Trust to deliver higher returns in near-term, but positives already priced in: OCBC

SINGAPORE (June 6): OCBC Investment Research is maintaining “hold” on CapitaLand Mall Trust (CMT) while raising its fair value estimate by a cent to $2.33 on the faster-than-expected ramp up of Fun

Funan to reopen on June 28 after undergoing three-year redevelopment

Property

Funan to reopen on June 28 after undergoing three-year redevelopment

SINGAPORE (June 3): The manager of CapitaLand Mall Trust (CMT), an indirect wholly-owned subsidiary of CapitaLand, says Funan is slated to open its doors on June 28 this year – two months ahead of

Results

Metro's 4Q earnings surge to $51 mil on fair value gains & share of JVs

SINGAPORE (May 28): Metro Holdings has announced 4Q19 earnings of $51 million compared to $1 million a year ago, due to higher revenue and fair value gains, as well as a surge in share of results i

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