COVID-19 has seen consumers across the world ditch cash and in-person shopping in favour of online spending, according a Standard Chartered global survey. Almost two-thirds of survey respondents (64 per cent) agree that COVID-19 has made them more positive about online shopping, but they are also more...
Business leaders representing the major retail landlords and tenants in Singapore have been appointed members of the Fair Tenancy Industry Committee (FTIC). The FTIC will take the lead and act as the custodian of the Code of Conduct (CoC) for the Leasing of Retail Premises in Singapore.Major...
With continued restrictions due to the ongoing pandemic, live-selling has been accelerating globally. With approximately 1 billion monthly active users on Instagram, and 83% of consumers discovering new products on Instagram, the social platform presents an opportunity for businesses and brands to connect with consumers.
The pandemic has reshaped shopping habits online, and new consumer behaviors are here to stay. Over three quarters of online shoppers in Singapore now say they are onboard with cross-border shopping, nearly double the number who were receptive to the idea before the pandemic.
A survey by Amazon Singapore, in collaboration with YouGov, revealed that consumers are placing a growing importance on product quality and authenticity as cost remains the top consideration for online purchases. The survey also shed light on local shoppers’ perceptions around the responsibility of...
On 4 April 2020, Enterprise Singapore (ESG) announced the Food Delivery Booster Package to support F&B businesses to diversify operations through food delivery. Under the first phase of the roll out, ESG funds five percentage points of the commission cost charged by three food delivery platforms –...
Payoneer Inc., a global payment and commerce-enabling platform, has announced a multifaceted relationship with Mastercard. Beginning with the Payoneer Digital Purchasing Mastercard, targeted at SMBs, eCommerce sellers and freelancers worldwide, Payoneer and Mastercard will work closely to better meet the needs of the B2B market. This...
hoolah has announced a regional partnership with Jumper.ai to offer merchants across Singapore, Malaysia, and Hong Kong a BNPL solution accessible through social and chat networks. Through this partnership, merchants have can offer hoolah’s Buy Now Pay Later solution to their customers regardless of platform...
HokuApps, has announced their selection as the strategic technology partner by Pearlista Pte Ltd, a hijab-friendly hair salon in Singapore that also produces its own line of Hair Care Products. In a pandemic disrupted world, the role of digitalization has shifted from being a choice to being a...
If Christmas is the season of giving, the period after is the season to continue receiving for brands - provided they are ready to seize business opportunities quickly. Especially for small and medium-sized businesses (SMBs), this window of time in the post-holiday season, also known as Q5,...