Retail

Almost 30,000 retail shops were onboarded on foodpanda shops in the past year, with SMEs making up almost half of shops that had gone digital. This marks the first step in helping SME businesses build a strong digital core, to become more risk-resilient and cater to their customers' new...

Game Xtreme was founded more than eighteen years ago. From their beginnings in a humble shop house, they have grown to a familiar presence through their multiple retail outlets in heartland malls. While the pandemic has affected their brick-and-mortar retail, it did not curb...

Research by DBS on digital transformation found widespread enthusiasm among companies to digitalise customer experience and engagement but they faced significant challenges in achieving success.The findings were based on a global survey of 1,225 executives from commercial and finance/treasury teams across 22 markets in APAC, Europe and...

It’s a lucrative time of year, and not just for retail businesses. Cyber criminals also look to take advantage of the increased traffic and high sales volume, which provides cover for them to actively target retailers with cyber attacks.  Keeper Security is sharing cybersecurity...

Visa has signed a three-year Memorandum of Understanding (MoU) with the Singapore Tourism Board (STB) to address the needs of Singapore’s tourism and lifestyle small and medium-sized enterprises (SMEs) impacted by COVID-19. The STB-Visa collaboration focuses on two strategic areas to revive the local...

In 2020, the Economist Intelligence Unit conducted a survey to measure the relative acceptance of digital currencies and other digital payment methods, finding that a cashless trend was strong with consumers globally. In February and March of 2021, a new survey set out to...

Almost six in 10 (59%) Singapore business leaders describe their companies as surviving, with new waves of COVID-19 being their main challenge in 2021. In fact, 41% had considered closing their businesses from January to August 2021 due to pandemic volatility. This is according to the second Shop Small...

Providing seamless cross-channel experiences will be a key avenue for growth among retailers in Singapore, according to new data released by Adyen. As a result of investments made to their operations during the pandemic, businesses in Singapore are on the road to recovery: 68%...

Shopee Singapore has released its report, 'Past the Starting Line: Adapting to Singapore's Digital Consumers in 2023'. To better understand e-commerce usage and attitudes of consumers, Shopee Singapore conducted an online survey in Singapore on 5 December 2022 among 1,361 Shopee users aged 15 to 70 years...

OCBC Bank has seen a surge in the use of PayNow by its small and medium enterprise (SME) customers, among whom seven of every 10 have registered for the funds transfer service. The volume of PayNow transactions by the bank’s SME customers in the first 10 months...