Tag: Singapore

  • Singapore digital accessories chain Uniq enters the Philippines

    Singapore digital accessories chain Uniq enters the Philippines

    Singaporean gadget and mobile-accessories retailer Uniq has opened its first Philippine store.

    Located at Cyberzone in Quezon’s SM North Edsa Annex, the store targets young professionals who are particular about style.

    Its products known for their “minimalist mobility” and “smart simplicity” to the country’s digitally connected populace.

    “Most of our products are for iPhones and Mac but we also have charging solutions that are more universal,” said Andy Wong, MD and co-founder of Uniq.

    Established in Singapore in 2010, Uniq started out as a phone-case design company.

    The company has entered the Philippines with the help of Macpower Marketing Corporation, which is also partner of Globe, Power Mac Center, and Lazada.

    Uniq products are available in 22 countries via an online store and the company plans to partner with online stores such as Shopee and Lazada.

  • Lazada activates official Olympic partner status

    Lazada activates official Olympic partner status

    Southeast Asia e-commerce platform Lazada Group has activated its Olympic Games partnership as part of the International Olympic Committee’s (IOC) long-term partnership with parent Alibaba Group.

    As an official Olympic partner in Southeast Asia, Lazada will help Olympic stakeholders further the reach of the Olympic Movement and connect with the region’s fans.

    “We believe Lazada’s digital footprint will assist us in spreading the spirit of the Olympic Games far and wide across this important region, particularly with a younger audience,” said Timo Lumme, MD, IOC television & marketing services.

    “As an e-commerce pioneer in the region, Lazada seeks to continuously accelerate progress in Southeast Asia and encourage every individual to pursue and ignite new possibilities,” said Lazada Group CEO Pierre Poignant. “We are honored to be activating Alibaba’s partnership with the IOC under our brand and look forward to bringing more Olympic-related moments to this region over the next nine years.”

    Lazada will use the advertising and promotional opportunities connected with using Olympic marks and imagery, including marks from National Olympic Committees. The editions leading up to 2028 include the Olympic Games Tokyo 2020, the Olympic Winter Games Beijing 2022, the Olympic Games Paris 2024, the Olympic Games Los Angeles 2028 and the Olympic Winter Games 2026 in a city yet to be selected by the IOC.

    Lazada held a series of local-engagement initiatives themed “Every Small Inspiration Matters” during the weekend, starting with internal employee events across the region.

    “As Southeast Asia’s leading eCommerce platform by the scale and by reach, we are capturing and also contributing to the heartbeat of the region,” said Mary Zhou, chief marketing officer at Lazada Group. “Through this partnership, we hope to further extend the heart of the Olympic Games and its meaningful values to Southeast Asia.”

  • Singapore’s Paradise restaurant group plans APAC expansion

    Singapore’s Paradise restaurant group plans APAC expansion

    Paradise restaurant group plans to open its 150th outlet worldwide by 2021, with an initial focus on Singapore.

    The company has opened 10 outlets in Singapore since January, include three at Jewel Changi Airport, and branches at Westgate, Wisma Atria, and The Star Vista. This year, a Paradise Dynasty outlet will be opened at Funan, and a Canton Paradise Tea House restaurant at Junction 8.

    The Paradise restaurant group’s brands include Seafood Paradise, Paradise Inn, Taste Paradise, Paradise Dynasty, KungFu Paradise, Paradise Pavilion, One Paradise and Canton Paradise. It already has outlets in Singapore, Malaysia, Indonesia and China.

    “Since 2016, we have been on the lookout for expansion opportunities,” said Joyce Lao, Paradise’s head of business development.

    “We have opened an average of 20 outlets a year, both locally and overseas, since then. But this year, our focus will be on Singapore, to gain a bigger foothold in the food and beverage industry here.”

    The chain will be rolling out more “quick-service” restaurants where customers order from a menu pad and pay at the counter.

    Paradise restaurant group plans to develop technology in its cooking process, such as a central kitchen where ingredients can be cut and prepared; a noodle-cooking machine with a timer.

    “Some processes cannot be replaced because we do not want to compromise on taste or service standards. We still believe in the human touch,” said Lao.

    The group also plans to expand into non-Asian countries, starting with Los Angeles in the US by the end of the year.

  • Grab explores digital-only banking licence in Singapore

    Grab explores digital-only banking licence in Singapore

    Grab, Southeast Asia’s most valuable start-up, is exploring a move into Singapore banking as regulators in the Southeast Asian city-state consider allowing online-only banks, four people with knowledge of the process said.

    Grab is close to hiring a consultancy to advise it on its banking potential and is gearing up to apply for a digital-only bank licence in Singapore if the banking regulator decides to open up the sector, said the people, who declined to be identified as they were not authorised to speak to the media.

    Singapore-headquartered Grab’s interest in what would be its first foray into banking has not been reported before.

    When asked for a response, the Monetary Authority of Singapore (MAS) referred Reuters to its comments issued last month when it said it was studying the potential for allowing “digital-only banks with non-bank parentage” into its market.

    Hong Kong, Singapore’s fierce financial centre rival, began issuing licences earlier this year.

    A potential entry by Grab – backed by Japan’s SoftBank Group Corp – and others would mark the biggest shake-up in years for a market dominated by DBS Group Holdings Ltd, Oversea-Chinese Banking Corp and United Overseas Bank Ltd.

    The MAS could make a decision in the next couple of months on whether to admit digital-only banks with non-bank parentage, as well as the eligibility applicants, the people said.

    The city-state’s banking regulator is likely to issue only two to three licences in the first phase, two of the people said.

    The interest from Grab underscores how Asia’s non-banking firms are keen to challenge traditional banks by leveraging their technology and their user databases to offer banking services to retail customers and small businesses.

    Securing a digital banking licence in Singapore could help seven-year-old Grab to benefit from its existing data on transport movements, payment transactions and consumer behaviour, the people said.

    Last year, Grab teamed up with Japan’s Credit Saison Co Ltd to provide loans in Southeast Asia.

    Global fintech players are among other groups expected to seek licences in Singapore, with some of them looking to form joint ventures, said two of the people.

    Consultants said a digital banking licence could also appeal to Singapore Telecommunications Ltd (Singtel), which is expanding beyond its traditional carrier services into areas such as mobile payments and cybersecurity.

    “It is too premature to comment but having ventured into mobile financial services, we are open to exploring the feasibility of such an opportunity should it arise,” a Singtel spokeswoman said in an emailed response.

    In Hong Kong, affiliates of Alibaba Group Holding Ltd and Xiaomi Corp, and consortia led by Standard Chartered PLC and BOC Hong Kong Holdings Ltd were among those who won the digital-only banking licences.

    “In Hong Kong, the guidelines were quite precise in terms of what applicants had to prove in order to get a virtual banking licence, more so than in Europe,” said Dan Jones, APAC partner at consultancy Capco Digital.

    “It will be interesting to see whether MAS goes down a similar route to Hong Kong … so that the only people who can apply are established companies, rather than literal start ups.”

    As in Hong Kong, online-only banks in Singapore are also expected to launch by offering services such as savings accounts, personal loans and travel insurance, two of the people said.

  • Blockchain Platform Zilliqa Partners Singapore Payments Startup

    Blockchain Platform Zilliqa Partners Singapore Payments Startup

    The partnership will enable Xfers to use Zilliqa’s smart contract functionalities and bring about new innovations to its suite of enterprise solutions.

    Blockchain technology firm Zilliqa is partnering Singapore-based fintech startup Xfers to explore the use of payment solutions powered by distributed ledger technology, the company announced at its Zilliqa Day event on Tuesday, which marked its second anniversary.

    The partnership will allow Xfers to benefit from Zilliqa’s SmartContracts infrastructure, bringing efficiencies in cost, transparency and scalability to its platform, which has over 500,000 users in Southeast Asia, the firm said. Working with Zilliqa will bring about new innovations to Xfers’ suite of enterprise solutions, which includes support for payments, disbursements, regulatory compliance, a built-in digital wallet, and more, the firm added.

    Xfers received an e-wallet license from the Monetary Authority of Singapore (MAS) in March, joining EZ-Link Card, Nets CashCard, Nets FlashPay, and CapitaVoucher as MAS-approved Widely Accepted Stored Value Facility (WASVF) providers.

    The license allows Xfers to hold money on behalf of its users, and gives it an edge over other fintech startups, as user deposits are backed by a bank, which guarantees each dollar it holds.

    Launched in 2015, Xfers processed over $260 million in payments in 2018. It is backed by 500 Startups, Golden Gate Ventures and Facebook co-founder Eduardo Saverin.

    Zilliqa, headquartered in London and Singapore, is a public blockchain platform known for use of sharding as an on-chain solution to preserve decentralization and enable greater scalability. Its blockchain is able to process 2,828 transactions per second.

  • Singaporean shoppers prefer shopping in store

    Singaporean shoppers prefer shopping in store

    Singaporean shoppers still prefer in-store shopping, a study by UK mobile tech firm Blis shows.

    The Real Retail Study analysed shopper behaviour in Singapore, and concluded the desire to shop in store is also very much alive, especially when it comes to food and groceries (79 per cent), followed by furniture and home furnishing (69 per cent), and household appliance (61 per cent).

    Consumers are also willing to spend higher amounts when shopping in store, with 81 per cent indicating they will be looking out for in-store deals during the upcoming Great Singapore Sale.

    Four in five local consumers use their mobile phones when shopping in a physical store.

    The most popular reason for doing so is to ‘compare prices for the same item to ensure I am getting the best deal’ (72 per cent), followed by reading other customers’ product reviews.

    Two in three local consumers say they have spent time searching for items on shopping websites but made the final purchase in store. The main reason for doing so is that they ‘like to see the quality of the product before buying’ (56 per cent).

    Sixty-three per cent of local consumers say they have spent time looking for items in stores before purchasing them online. The biggest reason for doing so is that they can ‘sometimes get better deals’ (54 per cent).

    “Our findings show that Singapore consumers still massively value shopping in store, and that any talk about physical retailers being rendered obsolete by e-commerce is premature,” said Richard Andrew, MD for Asia at Blis.

    “Shoppers’ attention and discretionary spending are now being pulled in multiple directions, meaning retail strategy has to evolve. In a mobile-first world, retailers have to master new approaches like location-based data to connect with shoppers at the right place and time to win their hearts, minds and wallets.”

    The study also shows how much Singaporeans love to shop. Forty-five per cent of respondents said they shop because it makes them happy, and nearly half – 49 per cent – consider shopping a hobby. Of them, 55 per cent are women aged 25 to 65.

    When it comes to payment, whether shopping online or offline, Singapore consumers prefer to use credit cards for nearly every purchase of any size. In store, when spending less than $35, cash is preferred.

    “The market in Singapore demonstrates to us that retail isn’t facing its imminent demise, it is simply evolving to keep up with rapidly shifting consumer preferences and behaviours,” Andrew concluded

  • Tsui Wah Singapore to open second restaurant

    Tsui Wah Singapore to open second restaurant

    Tsui Wah Singapore will open a second outlet at Robinsons The Heeren, on Orchard Road.

    No official opening date has been set as yet, but the menu is expected to include signature items such as Swiss Sauce Chicken Wings, Crispy Bun with Sweet Condensed Milk, Kagoshima Style Pork Cartilage with Tossed Instant Noodles, and Milk Tea. Western food such as club sandwiches and French toast will also be available.

    The Hong Kong tea chain arrived in Singapore last June with an outlet at Clarke Quay.

    It is known for its mix of Cantonese cuisine and Western cafe-style fare.

  • Wu Pao Chun Bakery outlet opens in Singapore

    Wu Pao Chun Bakery outlet opens in Singapore

    Taiwanese bakery Wu Pao Chun has opened first Singapore outlet, at Capitol Piazza.

    Operated by a joint venture between BreadTalk Group and Wu Pao Chun, the bakery imports the same ingredients from its home base and sells around 60 products, including more than 10 regionally inspired new flavours, such as Coffee-C, Hainanese Chicken Fun, green curry bun Sawadee, tom-yum flavoured bun TomYummy, and kaya-filled soft French bun Kaya Kebaya.

    The Singapore store’s baking staff had to undergo six months of professional training in Taiwan.

    “Through my team’s close collaboration with BreadTalk Group’s research and development team, we created new flavours to pay tribute to Singapore’s vibrant hawker-food culture,” said Wu Pao Chun.

    “Coupled with BreadTalk Group’s strengths in brand development and store expansion, I believe that we can complement each other perfectly, to create a winning formula to bring the authentic Wu Pao Chun Bakery experience to consumers in Singapore,” said George Quek, founder and chairman of BreadTalk.

    The partnership opened two outlets in Shanghai last March.

    Operated by a joint venture between BreadTalk Group and Wu Pao Chun, the bakery imports the same ingredients from its home base and sells around 60 products, including more than 10 regionally inspired new flavours, such as Coffee-C, Hainanese Chicken Fun, green curry bun Sawadee, tom-yum flavoured bun TomYummy, and kaya-filled soft French bun Kaya Kebaya.

  • Tim Ho Wan Singapore launches new Restaurant and menu

    Tim Ho Wan Singapore launches new Restaurant and menu

    Tim Ho Wan Singapore has opened its 11th outlet, at Punggol Waterway Point.

    The new 94-seater restaurant coincides with a revamped menu for the eatery, featuring a “refined and upgraded” menu in a modern dining space.

    Tim Ho Wan Singapore is operated by Titan Dining LP – the new master franchise holder in the Asia Pacific.

    The new menu features a limited-edition promotion the Spring Beef Specials, featuring four new beef-centric dishes. There are also upgraded Cantonese classics such as Signature BBQ Pork Bun, Beef Brisket Noodles, Shrimp dumplings, Wonton noodle soup.

  • Luxury restaurant Lawry’s wins significant Rent Reduction

    Luxury restaurant Lawry’s wins significant Rent Reduction

    High-end US restaurant Lawry’s The Prime Rib, will pay 80 per cent less rent for its new location than the previous tenant who vacated the premises three years ago.

    The leased 6500sqft venue is located on the third floor of The Galleria in Central on the corner of Queen’s Road and Ice House Street, with a HK$150,000 (US$19,155) per month rental, or HK$23/sqft.

    News of the rent deal was broken by a local Chinese-language news media outlet and has not been verified. However it appears to suggest the reduction reflects an overpricing of the previous tenant’s deal rather than a true reflection of the decline in retail rents in premium Hong Kong retail strips, especially given the site has been empty for three years.

    The restaurant Lawry’s is considered a heritage dining brand with premium locations in several US cities, as well as a presence via franchisees in Singapore, South Korea, Taiwan and Japan. A point of difference is that food is taken to diners’ tables on silver carts as part of a theatre experience.

  • Hong Kong restaurant Mott 32 Opens in Singapore

    Hong Kong restaurant Mott 32 Opens in Singapore

    Hong Kong restaurant Mott 32 will open at Marina Bay Sands by the end of this year.

    Operated by MBS and Maximal Concepts, the 7000sqft space will occupy the space of Italian restaurant Nostra Cucina on level B1 at The Shoppes at Marina Bay Sands, which will close within the next two months.

    The space will be designed by Joyce Wang Studio, which is also behind the Hong Kong flagship.

    Set to offer lunch and dinner daily, the menu will feature signature Mott 32 items such as its apple wood-roasted Peking duck and deluxe dim sum, and some dishes with Singapore flavours.

    The restaurant will also have a bar serving Asian-style cocktails.

  • ABCDior pop-up Opening in Singapore

    ABCDior pop-up Opening in Singapore

    French fashion house Dior will launch its personalised ABCDior pop-up store in Singapore.

    Located at the Dior boutique in Marina Bay Sands, the pop up will allow customers to embroider their names, initials or letters on a selection of Dior goods, ranging from its Book Tote, the Diorcamp bags, as well as the Walk ‘n’ Dior sneakers.

    These items are made in the Oblique canvas, featuring the interlocking Dior logo.

    The pop-up will run from June 20 to July 14.

  • The Great Singapore Sale renewed this year

    The Great Singapore Sale renewed this year

    The annual Great Singapore Sale is back this month, with the theme ‘GSS: Experience Singapore’.

    Taking place between June 21 and July 28, the sale will include Shopping Sprees such as ‘TGIF!’ (held every Friday) where retailers and food-and-beverage operators will run day-long specials and discounts.

    On July 7 (7.7), there will be an additional 7 percent off all goods – a marketing initiative based on retailers paying shoppers’ goods-and-services tax.

    Beyond the mega sales and discount programs, the event will boast a host of interactive activities and experiences at Orchard Road and Kampong Gelam.

    The first, the Orchard Road Fashion Scramble on June 21, will center around a fashion show curated by the Singapore Retailers Association and TAFF. Orchard Road will be transformed into a performing arena and an interactive runway for 300 dancers and models – showcasing an array of clothing designs and trends from local and foreign designers.

    The opening segment will feature designs by popular, up and coming local designers, followed by leading international fashion houses, before closing off with award-winning creations by Singapore students.

    The Great Singapore Street Pop Up will coincide with the Orchard Road Fashion Scramble, running from Ion Orchard to Mandarin Gallery, and at Robinsons The Heeren and the Grange Road carpark. The pop up will offer retail experiences and food for 10 days from the June 21-30.

  • Singapore Airlines and the art of airline management

    Singapore Airlines and the art of airline management

    Airlines compete to provide the best flying experience to passengers, in terms of safety, comfort, punctuality, hospitality and meals provided on-board. If you are a business or first-class traveller, you get that extra care and attention from the cabin crew. But behind those services are various training programmes, joint ventures with multiple organisations and immense planning.

    A look at what happens behind the scenes of one of Asia’s best airlines, Singapore Airlines.

    As safety of passengers hinges on the expertise of pilots, most pilots undergo recurrent/refresher training programmes at least twice a year.

    All the pilots from Singapore Airlines, who operate Airbus fleet, are trained in the Airbus Asia Training Centre (AATC) — a joint venture between Singapore Airlines (45 per cent) and Airbus (55 per cent). AATC, located in Singapore, trains about 6,000 pilots every year from 60 different airlines.

    Depending on the qualifications and experience of the pilot, the training programme at AATC spans between three days and one month. The three training technologies used in AATC include interactive training applications such as Airbus Cockpit Experience (ACE), Airbus Pilot Transition (APT) and Full Flight Simulators (FFS).

    ACE replicates the airplane’s cockpit either on a laptop or a tablet from which the pilot learns about aircraft systems and procedures, digitally. The APT is a fixed cockpit set-up that gives an idea about the position and functioning of an Airbus cockpit.

    And FFS simulates the aircraft and the environment in which it flies. It allow pilots to be trained in scenarios, such as take-off, landing, emergency landing and water landing; it may not be possible for pilots to undergo training in a few of these on a real aircraft.

    Behind Singapore Airlines’ in-flight meal, there’s enormous planning on the quantity and quality of meals, menus and meal specification for each class, raw material requirements, introduction or inventory of kitchen equipment, timely delivery and managing food waste.

    To meet the meal requirements for flights departing from Singapore, the Airlines has outsourced these catering services to SATS — the chief ground-handling and in-flight catering service provider at Singapore Changi Airport. SATS, in Singapore, prepares 120,000 meals per day.

    SATS operates with a team of food technologists, dietitians and culinary chefs who work together to develop various menus. Singapore Airlines, on its part,develops meals for the premium cabin classes, in association with celebrity chefs, including Alfred Portale from New York and Sanjeev Kapoor from India.

    Then, the ‘Think Lab’at SATS conducts various tests essential to the product’s development process. Further, the new items are tested in a simulated cabin, that recreates in-flight conditions when it is cruising at 30,000 ft. This is to assess the actual in-flight experience of the food, as our taste buds work differently at different altitudes. To prepare and process the meal, SATS uses new technologies such as omelette vending machine and a rice line that is capable of cooking varieties of rice — Jasmine rice, Japanese rice, Indian basmati rice and flavoured chicken rice.

    Recently, SATS also invested in a pasteurisation and sterilisation technology that can supposedly extend the shelf life of freshly cooked food from two to 90 days.

    Apart from food technologies, SATS is also making use of other scientific advancements, robots within its premises to carry food from one destination to another.

    At Singapore Airlines Training Centre, one can see well-groomed girls and boys training for cabin services, security and emergency evacuation drills at various aircrafts’ cabin mock-ups for first, business, premium economy and economy classes.

    The cabin crew are given training in activities that are construed as trivial, such as arranging news-papers, selecting appropriate glasses for each variant of beverage and serving meals of various cuisines — Indian, Chinese and Japanese. For instance, placing chop-sticks appropriately in Chinese and Japanese meal trays.

    One facility that catches everybody’s attention during a visit to this training centre is the wide swimming pool forsimulating water conditions, should the aircraft have an emergency landing on water. Training for newly-inducted Singapore Airlines’ cabin crew takes over 15 weeks.

  • Visa Transforming Mass Transit Experience Worldwide with Visa Contactless Payments Now Live in Singapore

    Visa Transforming Mass Transit Experience Worldwide with Visa Contactless Payments Now Live in Singapore

    The project with LTA will be one of Visa’s largest implementation for contactless acceptance for transit globally at 30,000 acceptance points.  All banks that issue contactless enabled Visa cards will be part of this transit initiative. Consumers will also be able to make mobile contactless transactions through compatible devices including Apple Pay, Fitbit Pay, Google PayTM and Samsung Pay.  Singtel Dash mobile wallet users can also tap and pay for bus and train rides with their Dash Visa Virtual Account.

    Paying for public transportation using Visa contactless is not only convenient, but enhances the travel experience for commuters by eliminating the need to carry multiple cards or the hassle of having to top up stored value travel cards.

    More than one-third (35 percent) of respondents in a recent Visa Singapore transit study say it is inconvenient to top-up their pre-paid stored value cards for local travel. In addition, close to 70 percent of respondents say it is a hassle to wait in long queues to purchase fares or top up their travel cards. The same study also highlighted that 75 per cent of Singaporeans are open to using mobile or digital payments as their sole method of payment for public transport.

    Kunal Chatterjee, Visa Country Manager for Singapore and Brunei said: “We are excited to bring contactless transit payments to our cardholders in Singapore as part of LTA’s SimplyGo initiative. Our partnership with LTA to implement contactless acceptance is one of the largest contactless initiatives for transit that Visa is implementing globally and we are proud that this expansive project has come to fruition. By opening up contactless acceptance for transit, we are removing friction from the travel experience, eliminating the need for Singaporeans and tourists to wait in line to top up their stored value travel cards. Visa will continue to work closely with our partners to streamline the payment experience at all touchpoints across Singapore to make it seamless and convenient.”

    With the expansion of the SimplyGo programme to Visa cardholders, Singapore joins other major cities that have enabled open-loop payment cards for public transport, including London, Sydney and New York.  The launch built on Visa’s experience helping transit operators around the world find the best, most cost-effective way to address increasing pressures on their existing infrastructure while also investing in the technologies that will serve them in the future. Over the past year alone, Visa helped launch contactless transit solutions in 20 cities across 12 countries, with more than 150 projects currently underway.

    “Today, Singapore is already one of the top markets globally in terms of contactless penetration with more than 80 percent of all Visa transactions being contactless. We expect this number to grow even faster with the opening of transit acceptance,” added Kunal.