You are here

Interesting times ahead for Singapore retail scene

Just how will the shopping experience here evolve with technology and tax developments?
Friday, April 15, 2016 - 05:50

BT_20160415_PWCGST_2225995.jpg
On a global level, there has been much debate about the GST/VAT treatment of online sales. Countries such as the EU, Japan, South Korea and Australia have implemented, or are in the process of introducing changes to ensure the appropriate taxing of e-commerce transactions.

WELL-KNOWN IT and electronics retailer Challenger Technologies has announced plans to close its flagship megastore at the popular Funan DigitaLife Mall. Challenger said that sales from the Funan store have dropped from 60 per cent of total group revenue in 2004 to only 20 per cent in the third

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom