Singapore report

McCain and a commercial oil tanker in the Singapore Strait in August was caused by a sudden turn to port by the McCain that sent it into the path of the tanker, an investigation by the Singapore government has found. The collision happened three minutes later. The Alnic, which had three men on the bridge at the time of the collision, did meet the five-man requirement for transit through the Singapore Strait, the report found. Navy ship in the Pacific last year.

Singapore report

International brands like Virgin Active are honing in on Singapore as a South East Asian launchpad, boutique studios are providing springboards for regional athleisure labels to penetrate the market, and healthy eating presents a lucrative opportunity.

Government statistics confirm overall demand is on the rise with annual gym visits increasing from 1. Australian fitness franchise F45 opened its first studio inwhile Virgin Active has launched two clubs since With growing consumer awareness of the importance of health and fitness coupled with rapidly rising wealth expected to drive demand, CEO Matthew Bucknall believes the brand can build Singapore report Asian presence to the same level as that of Europe and South Africa.

Singapore report

A handful of globally recognised brands have already managed to develop a strong presence in the region. American sportwear brand New Balance boasts eleven stores across the island, whilst Lululemon has expanded its footprint to three stores since launching in Most recently, Australian activewear brand Lorna Jane opened a showroom, in a bid to capture a share of the growing market.

The Singapore Report: Wellness Trends, Growth and Market Opportunities | Welltodo

Triple Ptewhich owns exclusive distribution rights for Under Armour in Asia, has also managed to penetrate the market, operating five stores across the city.

However, one of the biggest challenges these entrepreneurs face is the risk of copying, in a domestic economy characterised by caution to new ideas. Yet, for businesses looking to mitigate the risk from copycats, the burgeoning wellness entrepreneurship community provides a much-needed boost.

GuavaPass Bridging the gap between barre, pole and martial arts offerings, and highlighting the healthy investment ecosystem on the island is GuavaPassa studio booking platform covering 10 cities across Asia.

Forrester points to local hawker centres, which sell cheap regional cuisine alongside drinks like sugar cane juice, as part of the problem. And although health and organic products are becoming more available, they are very expensive still.

So, whilst the lack of healthy options can present a challenge for brands operating in Singapore, it also provides a big opportunity for those in a position to respond.

Similarly, simmering under the surface of the Singaporean market is also the potential for wellness services targeted at older people.

Singapore report: USS McCain's sudden turn put it into path of tanker - Stripes

And Alan Tan, the Marketing Director of OSIM international, a regional wellness conglomerate that owns the GNC franchise in Singapore, argues that the current demographic provides growth opportunities for powders, vitamins and supplements too. For now, despite Changi airport boasting one of the only wellness lounges in the world, Singapore lacks the internationally-recognised spas and healthy holiday reputation of its neighbours.

This is something Lim sees a lot of potential in, explaining:For the first half of the year, Singapore health officials reported 21, hand, foot and mouth disease (HFMD) cases. This is an increase of more than 4, cases, or 23 percent compared to the.

Annual Reports The SingPost Annual Report provides a comprehensive overview of the SingPost's developments and achievements for the past year. The regular highlights of the each report include the performance of the mail, logistics and retail businesses.

Singapore’s political environment is stifling, and citizens continued in to face severe restrictions on their basic rights to freedom of expression, . International brands like Virgin Active are honing in on Singapore as a South East Asian launchpad, boutique studios are providing springboards for regional athleisure labels to penetrate the market, and healthy eating presents a lucrative opportunity.

The Singapore Report: Wellness Trends, Growth and Market Opportunities 0. By Hannah. Singapore Country Report: identify trade opportunities and country risks, review economic strengths and weaknesses, economic forecasts and analyses.

Annual Reports The SingPost Annual Report provides a comprehensive overview of the SingPost's developments and achievements for the past year. The regular highlights of the each report include the performance of the mail, logistics and retail businesses.

Singapore Country Report: Risk Analyses by EH Economic Research