Experts remain positive on the outlook of the retail market, citing many upside risks, including Singapore’s $1.1b Cost-of-Living Support Package.
“The additional cash disbursement of up to $200 in Dec 2023 for eligible Singaporeans under the Assurance Package and an extra $200 of CDC vouchers for each Singaporean household could provide incremental support to retail sales, on top of the handouts already announced in Budget 2023,” Jester Koh, UOB associate economist, said.
Koh, however, warned of downside risks to retail sales which include a weakening external environment, greater-than-anticipated easing in domestic/regional labour market conditions, and a slower-than-expected recovery of inbound Chinese tourists....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.4.
Experts advise analysing market complexity by considering laws, political risks, and cultural references of the market they want to enter.Pearlyn Phau believes in Singaporeans being the boss of their own financial freedomSinglife’s group CEO touched on Singapore’s complex insurance market as well as its pain points as a society in the digital age.Data-backed strategies needed in workplace setup decisions: expert4. Great Eastern subsidiaries propose acquisition of AmMetLife Insurance2.