retail sales

Singapore economy

Singapore’s August retail sales rise 3.5% from year earlier

SINGAPORE (Oct 12): Singapore's retail sales in August rose from a year earlier, thanks to increased sales at petrol service stations, data showed on Thursday.  

Credit Suisse sees Singapore retail sales turning positive since 2013

SINGAPORE (July 27): Credit Suisse expects Singapore’s private consumption to surprise on the upside at 2.5% in 2017, up from its previous estimate of 0.3%.

Singapore Feb retail sales fall 2.5% on year, first drop since August

SINGAPORE (April 12): Singapore's retail sales in February fell from a year earlier for the first time since August, due to a sharp drop in the sales of food, beverages and apparel and a decline in sales at department stores and supermarkets, data sho

Black Friday brings buoyant retail sales to the UK ahead of 2017 price hikes

It is impossible to miss the aggressive consumerist spectacle that is Black Friday. The relentless promotions come at you through every possible channel: emails, online ads, media listings, as well as huge signs emblazoned on shop windows.

Broker's Calls

Fresh optimism on Sheng Siong, thanks to decent 3Q

SINGAPORE (Oct 27): DBS Vickers Securities is keeping its “buy” call on Sheng Siong Group with a higher target price of $1.19 from $1.18 previously, following the supermarket chain operator’s announcement yesterday of a 8% rise in 3Q earnings to $15

China Focus

Policy easing unlikely for China

SINGAPORE (Oct 19): China’s 3Q16 gross domestic product report released on Wednesday showed that growth in the country had risen just 6.7% year on year, during the year.

Shoppers’ wallets stay shut in 3Q16 and possibly beyond

SINGAPORE (Oct 5): Singapore’s retail environment continues to be challenging in 3Q, and weaker-than-expected economic growth and the soft job market is likely to affect spending for the rest of the year, Cushman & Wakefield.

Forex

Will MAS change course this October?

SINGAPORE (Sept 22): HSBC Global Research says the Monetary Authority of Singapore (MAS) is unlikely to change its policy during its review in October, despite the deteriorating numbers in non-oil domestic exports (NODX), intellectual property, retail sal
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