Yeahka (09923.HK) share price rises 4.45%, Major brokers grant “Buy” rating

HONG KONG, Sep 6, 2022 – (ACN Newswire via SEAPRWire.com) – Yeahka Limited (“Yeahka” or the “Company”, Stock Code: 9923), a leading payment-based technology platform in China, increased by 4.45% and closed at HK$17.86 per share. Its share price climbed by about 30% in the past five trading days. Yeahka recently announced its FY2022 interim […]

E-commerce sales in S’pore expected to reach $19.6b by 2027, despite slower growth this year

SINGAPORE – E-commerce sales in Singapore are expected to reach US$14 billion (S$19.6 billion) by 2027, despite slower growth seen in 2022 amid inflationary pressures and supply chain disruptions, according to a report released by Facebook parent Meta and Bain & Company on Tuesday. This forecast reflects the continued optimism regarding South-east Asia’s long-term growth […]

Singapore faces new challenges in regulating crypto

SINGAPORE – The growing number of cryptocurrency firms seeking legal protection from creditors has planted another test for Singapore’s regulators, who must now balance between tightening the rules for service providers and avoiding over-regulation. The writing is already on the wall for further regulation to protect consumers from losses and to look into market conduct […]

Travel takes top spot in S’pore consumers’ non-essential spending; more choose to buy now, pay later

SINGAPORE – Travel takes the top spot in Singaporeans’ spending priorities for non-essential items, with most willing to fund their expenses through instalment payment options such as buy now, pay later (BNPL) schemes, showed a recent survey. BNPL services generally allow consumers to spread out their payments at zero interest, but charge late fees. They […]

Roadbump ahead for S’pore retail sales as consumers seen to be turning cautious amid inflation

SINGAPORE –┬áSingapore’s retail sales may have expanded at a double-digit pace in the past few months after pandemic curbs were relaxed, but consumers are now watching their spending because of inflation. This finding is highlighted in a study – commissioned by credit card firm American Express (Amex) – which also notes that businesses are worried […]

As businesses rush to go green, consumers face growing risks of greenwashing

SINGAPORE – A firm that makes beauty products announced that it was selling its green tea seed serum in “paper bottles” but these turned out to be plastic, with just the external wrapping made of paper. Customers accused the brand of “greenwashing” – the process of businesses leading consumers or stakeholders into believing that their […]

From burgers to gadgets, stressed global consumers buy cheap

NEW YORK/LONDON (REUTERS) – Some global consumers are showing signs of cracking, as shoppers stressed by record inflation stick to buying basics like food, bleach and cheap burgers, while those with bigger bank accounts are snapping up US$3,000 (S$4,168) Louis Vuitton handbags. Investors are closely watching second quarter corporate results for signs economies are headed […]

Dynasty Fine Wines Announces Product Upgrades in 2022, Invigorates its Brands with More New Products Young and Chic

HONG KONG, Jun 20, 2022 – (ACN Newswire via SEAPRWire.com) – Dynasty Fine Wines Group Limited (“Dynasty” or the “Group”) (HKG: 828), a premium grape winemaker in China, has upgraded its products in 2022, launching two smaller volumes – 373ml and 180ml – wine series in screw cap bottles, and also the Pleasant Color gift […]