Singapore Retail Sales Could Get Lift From Tourism -- Market Talk

Dow Jones

2025/06/19

0242 GMT - Singapore's retail sales this year will likely be supported by improving tourist numbers, easing inflation and steady employment, DBS Group Research writes in a note. Tourist arrivals are expected to recover to 17 million-18.5 million in 2025, it says. That could drive luxury, fashion and lifestyle-retail demand in precincts such as Sentosa, Marina Bay Sands and Orchard Road. DBS notes the city-state's stable retail market in 1Q despite retailers taking a more cautious stance amid macroeconomic uncertainty. For the year, it expects Singapore's retail sales to grow by about 2.0%. (amanda.lee@wsj.com)

(END) Dow Jones Newswires

June 18, 2025 22:42 ET (02:42 GMT)

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Tourist arrivals are expected to recover to 17 million-18.5 million in 2025, it says. That could drive luxury, fashion and lifestyle-retail demand in precincts such as Sentosa, Marina Bay Sands and Orchard Road. DBS notes the city-state's stable retail market in 1Q despite retailers taking a more cautious stance amid macroeconomic uncertainty. For the year, it expects Singapore's retail sales to grow by about 2.0%. 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Tourist arrivals are expected to recover to 17 million-18.5 million in 2025, it says. That could drive luxury, fashion and lifestyle-retail demand in precincts such as Sentosa, Marina Bay Sands and Orchard Road. DBS notes the city-state's stable retail market in 1Q despite retailers taking a more cautious stance amid macroeconomic uncertainty. For the year, it expects Singapore's retail sales to grow by about 2.0%. (amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 18, 2025 22:42 ET (02:42 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"D05.SI","symbol_name":"星展集團控股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2544380221","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544380221","pubTimestamp":1750300920,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0242 GMT - Singapore's retail sales this year will likely be supported by improving tourist numbers, easing inflation and steady employment, DBS Group Research writes in a note. 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Tourist arrivals are expected to recover to 17 million-18.5 million in 2025, it says. That could drive luxury, fashion and lifestyle-retail demand in precincts such as Sentosa, Marina Bay Sands and Orchard Road. DBS notes the city-state's stable retail market in 1Q despite retailers taking a more cautious stance amid macroeconomic uncertainty. For the year, it expects Singapore's retail sales to grow by about 2.0%. (amanda.lee@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 18, 2025 22:42 ET (02:42 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}