COVID-19 has done much to change the purchase habits of consumers around the world, especially by significantly accelerating the adoption of online commerce. Around the world, retail stores shut down as countries entered lockdowns to prevent the spread of the virus during the start of the pandemic....
The Ministry for Trade and Industry (MTI) has released guidelines on 6 May for the gradual resumption of business operations. This follows the Multi-Ministry Taskforce’s  announcement on 2 May 2020 that it would progressively ease some of the tighter circuit breaker measures over the coming weeks.
A new public-private trial to test the use of autonomous robots in providing on-demand deliveries is underway in Punggol. The trial will pave the way for wider use of autonomous robot “couriers” in making on-demand deliveries to consumers. Consumers will enjoy more convenience and...
YouTrip registered an 84% year-on year increase in online overseas purchases by Singaporean users from July 2020 to June 2021. This builds on the previous spike in overseas spending recorded by the company in the first half of 2020, reflecting a greater appetite for...
Bank DBS Indonesia has collaborated with CARInih, a technology-based company that prioritises a collaborative ecosystem, to support the digital transformation of Indonesian small, micro, and medium enterprises (SMEs) online and offline. CARInih provides an application that features Bank DBS Indonesia’s corporate digital banking services,...
Retailers in Singapore are grappling with shortage of manpower, with 9 in 10 retail employees either 'somewhat agreeing' (48%) or 'strongly agreeing' (45%) that there is a manpower shortage. Hence, retailers need to address the concerns of the workforce, with 2 in 5 (44%) retail employees...
More than two-third (71%) of consumers think technology and digitalization are key to enabling them to live a more sustainable lifestyle, while over a third (33%) desire apps to provide clearer information on how to live sustainably across various aspects of life, according to an independent research...
Visa has launched Where You Shop Matters, an initiative that encourages consumers to support their local businesses, while helping SMEs to go digital following the onset of COVID-19. The initiative is part of Visa’s broader small business strategy and follows commitments the company has made to support 10 million...
hoolah, Asia’s omnichannel Buy Now Pay Later (BNPL) ecosystem, has announced its partnership with BridgerPay, a payments intelligence platform, to provide merchants across Singapore, Malaysia, and Hong Kong the opportunity to offer their customers to pay later in a way that is flexible, convenient, and transparent.
The pandemic has changed the nature of retail and it has been difficult for companies to keep up with the pace of change in the wake of increased technology applications that are taking over our lives in so many different ways, literally. While...