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Singapore expected to lag regional peers in retail sales: report

But its affluent population offers stability; Indonesia seen leading growth in region, followed by M'sia
Tuesday, July 5, 2016 - 05:50

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The growth of Singapore's retail sector is expected to underperform its regional peers, but an affluent population could provide stability especially in luxury goods, according to a study by Frost & Sullivan.

Singapore

THE growth of Singapore's retail sector is expected to underperform its regional peers, but an affluent population could provide stability especially in luxury goods, according to a study by Frost & Sullivan.

Using forecasts by the Economist Intelligence Unit, the

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