Marina Bay Sands in Singapore. Hu Chen via Unsplash.
March sales were up for the second month in a row following a year-long decline, The Straits Times reports.
Watches and jewellery saw the strongest rebound across segments, with sales increasing 60.2 percent; apparel and footwear followed with a 35.6 percent boost. Of the month’s total retail sales estimated at $3.5 billion, around 11.8 percent was spent online.
However, whether this rebound will continue is uncertain. Just this week, an uptick in Covid-19 cases pushed authorities to reintroduce tighter measures for about three weeks beginning May 8.