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Retail Sales in Singapore Remain Soft

Retail Sales in Singapore Remain Soft

by Teuvo Tuomi | Oct 5, 2024 | Business, Economy, News, Retailing, Singapore

Retail sales in Singapore rose by 0.6% in August from the same month a year ago, according to Department of Statistics data. This was higher than the 0.2% increase forecast by analysts in a Bloomberg poll. However, excluding motor vehicle sales, August’s retail...
Singapore’s EV Adaptation Fastest in SEA

Singapore’s EV Adaptation Fastest in SEA

by Teuvo Tuomi | Sep 9, 2024 | Singapore, Business, News, Sustainability, Technology

Singapore is forecast to have the largest share of passenger electric vehicles (EVs), 80% of all vehicles, in Southeast Asia by 2040, according to BloombergNEF. Meanwhile, the regional average is expected to be only 24%. Thailand, in second place, is forecast to have...
New Mega Terminal Will Make Changi More Competitive

New Mega Terminal Will Make Changi More Competitive

by Teuvo Tuomi | Sep 7, 2024 | News, Infrastructure, Investment, Singapore, Travel

The construction of Singapore’s Changi Airport Terminal 5 (T5) will start in the first half of 2025, Prime Minister Lawrence Wong confirms. The new terminal will be operational in the mid-2030s. When the mega terminal is operational, Singapore aims to be linked...
Singapore’s Insect Market Lucrative Target for Thai Exporters

Singapore’s Insect Market Lucrative Target for Thai Exporters

by Teuvo Tuomi | Aug 26, 2024 | Thailand, Food & Drinks, News, Singapore

The Singapore Food Agency (SFA) approved the import of 16 insects in July, including many species of crickets, grasshoppers, locusts, mealworms, and silkworms. The approval is expected to improve Singapore’s food security as insects have high protein, while insect...
Norway and Denmark Showcase Their Seafood Prowess at Seafood Asia

Norway and Denmark Showcase Their Seafood Prowess at Seafood Asia

by Teuvo Tuomi | Aug 24, 2024 | Asia, Event, Food & Drinks, Lifestyle, News, Singapore

Seafood Asia Expo, organized by Diversified Communications, will take place 4-6 September at the Sands Expo Convention Centre in Singapore. The expo is one of the biggest in Asia, featuring seafood and processing equipment exhibitors from 46 countries. This year, many...
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