SINGAPORE’S international visitor arrivals exceeded one million in May, for the third straight month, but slipped from April’s post-pandemic high. Tourism arrivals slid to 1.11 million in May, down from 1.13 million recorded in the preceding month, based on the latest figures from the Singapore Tourism Board (STB) on Monday (Jun 12). But the month’s arrival […]
Read MoreA series of activities, including the Vietnamese Goods Week programme, as well as business networking and lychee testing events, have taken place in the island nation. SINGAPORE — The Vietnamese Trade Office in Singapore is working to promote the export of Vietnamese fruits, particularly longan and lychee, to Singapore. Accordingly, a series of activities, including […]
Read MoreLOCAL business sentiment has hit a two-year low for the third quarter of 2023, amid a worsening outlook for the manufacturing and wholesale sectors. Data from the Singapore Commercial Credit Bureau (SCCB) released on Monday (Jun 12) showed its quarterly Business Optimism Index falling to +3.98 percentage points for Q3 2023 from +4.60 percentage points […]
Read MoreSINGAPORE: Takings at the till rose for the third straight month in April, with the biggest increases coming from alcohol, cosmetics and toiletries as tourist arrivals grew, though overall sales continued to decelerate. Retail sales climbed 3.6% from the same month a year ago, cooling from the 4.5% increase seen in March, and a 12.6% […]
Read MoreCRYPTO.COM has been granted a major payment institution licence by the Monetary Authority of Singapore (MAS), nearly one year after the crypto company received an in-principle approval from the central bank. This allows the company to continue to extend its digital payment token services to customers in Singapore, it said on Jun 1. Jun 1 […]
Read MoreSINGAPORE hotels’ average room rate (ARR) and revenue per available room (RevPAR) inched up in April after March’s dip, even as overall room revenue – which had reached a four-month high in March – and average occupancy rate slipped slightly. ARR gained 3.3 per cent in April to S$273.18, from March’s revised S$264.55, Singapore Tourism […]
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