Credits: The Business Times The Singapore Retailers Association (SRA) has put forth a detailed set of recommendations for Budget 2025, emphasizing the need for urgent reforms to address the ongoing manpower challenges faced by the retail sector. The association is calling for a relaxation of foreign worker quotas and a reduction in levies, measures aimed… View Article
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IN THE NEWS
MEDIA STATEMENT SRA Welcomes New Executive Director Singapore Retailers Association (SRA) warmly welcomes Mr Stephen Sing as our new Executive Director, effective 1 May 2024. We would like to express our heartfelt gratitude to Ms Rose Tong, who will end her tenure as the Association’s Executive Director come 1st April 2024 after leading SRA for… View Article
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Retail Sales Index (RSI) and Food & Beverage Services Index (FSI) – November 2024 Retail trade and food & beverage (F&B) services play a key role in Singapore’s domestic consumption by fulfilling consumers’ everyday needs and providing enjoyable experiences. While retail businesses focus on selling goods directly to consumers, F&B operators serve prepared food and… View Article
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MEDIA STATEMENT (For Immediate Publication) SRA MEDIA STATEMENT ON BUDGET 2024 Friday 16 February 2024 [Singapore] – The Singapore Retailers Association (SRA) sees Budget 2024 as one that is balanced in managing societal & business needs amidst ongoing challenges in a ‘troubled environment”. The Enterprise Support Package (ESP) comprising corporate income tax rebate and cash… View Article
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CRIME PREVENTION ADVISORY FOR THE YEAR END FESTIVE SEASON The year-end festive season is approaching. This period is an opportune time for criminals to commit theft or theft related offences due to large crowds in shopping malls, commit housebreaking during the closure of commercial premises as well as commit opportunistic crimes such as outrage of… View Article
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On a year-on-year basis, retail sales increased 4.0% in August 2023, continuing the 1.3% growth in July 2023. Excluding motor vehicles, retail sales rose 3.7%, extending the 0.6% growth in July 2023. On a seasonally adjusted basis, retail sales rose 1.7% in August 2023 over the previous month. Excluding motor vehicles, seasonally adjusted retail sales… View Article
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On a year-on-year basis, retail sales rose 1.1% in July 2023, following the 1.0% increase in June 2023. Excluding motor vehicles, retail sales increased 0.4%, extending the 2.3% growth in June 2023. On a seasonally adjusted basis, retail sales rose 0.6% in July 2023 over the previous month, partly attributed to higher sales of motor… View Article
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On a year-on-year basis, retail sales rose 1.1% in June 2023, following the 1.8% growth in May 2023. Excluding motor vehicles, retail sales increased 2.5%, compared to the 1.7% growth in May 2023. On a seasonally adjusted basis, retail sales decreased 0.8% in June 2023 over the previous month. Excluding motor vehicles, seasonally adjusted retail… View Article
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On a year-on-year basis, retail sales rose 1.8% in May 2023, compared to the 3.7% increase in April 2023. Excluding motor vehicles, retail sales rose 1.8%, compared to the 4.3% increase in April 2023. On a seasonally adjusted basis, retail sales declined 0.2% in May 2023 over the previous month. Excluding motor vehicles, seasonally adjusted… View Article
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On a year-on-year basis, retail sales increased 3.6% in April 2023, following the 4.5% increase in March 2023. Excluding motor vehicles, retail sales grew by 4.2%, extending the 4.0% increase in March 2023. On a seasonally adjusted basis, retail sales increased 0.3% in April 2023 over the previous month. Excluding motor vehicles, seasonally adjusted retail… View Article
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