SRA Recommendations for Budget 2025
Singapore's retail sector continues to face significant challenges. Retailers are grappling with the pressures of adapting to the fast-evolving preferences of tech-savvy, environmentally conscious consumers who are looking for more immersive and experiential shopping. At the same time, retailers must navigate the complexities of maintaining profitability amidst rising operational costs and a tight labour market.
SRA's Response to Budget 2025
In response to Budget 2025, SRA President Mr Ernie Koh said "Amidst headwinds facing the Retail industry, the Singapore Retailers Association (SRA) welcomes the measures that strengthen resilience and competitiveness and buying retailers time to adapt to shifting consumer trends and economic challenges."
Singapore Retailers Association