The Singapore Business Federation (SBF) and Singapore Retailers Association (SRA) would like to invite you to make your voice heard in this year’s SBF National Business Survey (NBS) 2021/2022. The NBS is an important annual survey that is closely read by our Government, its agencies, and our various stakeholders. This year, as Singapore continues to manage… View Article
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IN THE NEWS
As announced by the Ministry of Finance, to support businesses with rental costs during the two Phase 2 (Heightened Alert) (“P2(HA)”) periods, the Government will provide rental support to Small and Medium Enterprises (“SMEs”) and eligible Non-Profit Organisations (“NPOs”) with an annual revenue not exceeding $100 million, who are tenant-occupiers of qualifying commercial properties. Key… View Article
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On behalf of the SRA Board Councillors and SRA members and all retailers, SRA would like to convey our appreciation towards MIN Lawrence Wong and MIN Gan Kim Yong for taking the time to listen to the challenges faced by the retail sector and the prompt action taken to implement support measures to ensure the… View Article
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We are excited to share that we are supporting a study led by AlphaBeta, a strategy and economics consulting firm, on the B2C e-commerce export opportunity for micro, small and medium-sized enterprises (MSMEs) in Singapore. The study aims to understand the size of this opportunity for MSMEs in Singapore, and develop policy recommendations to maximize… View Article
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On behalf of SRA members and the retail community, we thank MIN Lawrence Wong and MIN Gan Kim Yong and all government agencies for your empathetic listening ear. We are deeply appreciative! The JSS for Retail sector will go a long way to helping keep retail jobs intact during this very challenging period. The government’s… View Article
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To substantiate with facts SRA’s recent appeal for Landlord’s support for rental rebates, (https://bit.ly/Ph2-HA-SRA-Appeal-Facebook) your feedback on the impact of the recent tightened restrictions on your retail business is important for us to make a stronger collective stand. Survey closing date: Thu 29 Jul 2021 Click here to complete the survey.
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SRA Members who need an extension of bank loan principal moratorium to June 2022 or assistance with loan facilities and restructuring, kindly approach your respective bankers to ask for a restructure. Should your appeal for restructuring be rejected, kindly email info@sra.org.sg by Mon 2 Aug 2021 providing name of company, contact person/contact details, name of… View Article
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In view of the tightened Safe Management Measures from 22 July 2021 through 18 August 2021 (inclusive), the Government has released a support package to cushion the impact on workers and businesses. Please find the full details of the package here. Enhanced Jobs Support Scheme (JSS) for Affected Sectors From 22 July to 18 August 2021:… View Article
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As a follow-up to yesterday’s announcement, we have updated the Safe Management Measures for F&B and Retail/ Lifestyle-related Services as we return to Phase 2 (Heightened Alert). Please note (From 22 July through 18 August 2021): F&B Dining-in is not allowed. F&B establishments can only open for takeaway and/or delivery All events and promotions that… View Article
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The Retail industry has suffered tremendously in the past 16 months with sales plummeting to record lows – with sales down between 50% to 80% with each round of tightened restrictions. The ongoing pandemic and constant calls to stay home have eroded consumers confidence and gravely limited shopper traffic and sales, and yet retailers continue… View Article
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