Singapore’s industry-friendly landscape for businesses

In central Singapore lies a gleaming cluster of complexes – including Nanos, Genome, Helios, Chromos, Proteos, Matrix, and Immunos– whose names hint at the cutting-edge developments taking place within. The 15 complexes form Biopolis, a world-class biomedical research hub where experts from both industry and academia have converged. Through the construction of this – and other – specialized hubs for various […]

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Tackling Asia’s big challenges at a small cost

At the 2015 Asia-Pacific Economic Cooperation (APEC) Summit in Manila, United States President Barack Obama gave high praise to Filipina engineer Aisa Mijeno, the inventor of a saltwater-powered lamp. Mijeno runs SALT Philippines, a project which provides lighting to areas without electricity. Said Mijeno during the forum: “The danger in (kerosene) lamps is it could […]

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Think globally, act locally: Shiseido

Jean-Philippe Charrier, president of Shiseido Asia Pacific, shares essential marketing insights into the beauty and cosmetics industry in the region, and why Singapore is ideally placed to be a regional cosmetics hub. Q. What are the key beauty trends in the region that cosmetics companies should be keeping an eye on? One big beauty trend […]

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How to Win Over Asia’s Upper Middle Class

The global economy is pretty dark these days but there’s a bright spark on the horizon. This spark is Asia’s upper middle class – a fast-growing segment of consumers that experts say is already more influential than the luxury class. Serve them well and your business will grow and flourish – even when up against […]

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Harvard Business Review Analytic Services – Asia: The Face of Innovation

To find out how Asia is helping drive innovation in the business world, Harvard Business Review Analytic Services interviewed senior executives at 12 leading companies with extensive operations throughout the region. Informed by their experience, this white paper examines Asia’s role in business innovation through a variety of lenses, including: What innovation means at leading […]

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How Asian start-ups such as Grab and Lazada outsmart their global competitors

A number of Asian start-ups are giving their larger global competitors a run for their money. Notable successes include ride-hailing service Grab, e-commerce group Lazada and real estate company PropertyGuru, which have fought off more established competitors to achieve rapid growth across Asia. The secret of their success seems to lie in finding the right […]

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Companies knock on Singapore to break into Southeast Asia

Firms like Amazon and Don Quijote are building regional bases in the country. More companies that want to expand their footprints in Southeast Asia are using Singapore’s retail and consumer sector to break into the region, BMI Research said. According to a report, Singapore is playing this role both for traditional bricks and mortar retail […]

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Retailing in Singapore

CHANGING CONSUMER HABITS HAVE AFFECTED RETAIL INDUSTRY SIGNIFICANTLY Modern Singaporean consumers, with their eager adoption and use of technology, have developed new consumer habits which are proving detrimental to retailers. One of the most significant of these new habits is “showrooming”, whereby customers visit retail stores to try out products, before making price comparisons online […]

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Here’s how retailers can tap Singapore’s wealthier customers

Consumers are expected to spend $30.8b on recreation in 2018-2022. Singapore’s traditional bricks and mortar retail sector is already overcrowded, but the country offers opportunities for companies with a premium focus, BMI Research said. According to a report, Changi Airport’s Duty Free Shop (DFS) opened a 167 sqm store at Terminal 4 in November 2017 which […]

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The Retail Environment in Singapore

Singapore’s cosmopolitan retail sector shapes the environment in which Singaporeans live, work and play. In 2013, it generated $34.5 billion in operating receipts. According to a study by CB Richard Ellis, Singapore is among the world’s top 20 cities to have a significant proportion of international retailers in their retail sectors. Besides the many international […]

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