![Singapore retail takings rise 2.2% in May, driven by car sales](https://cdn.magzter.com/1617717947/1720213877/articles/P1B0hl2MF1720234931122/SINGAPORE-RETAIL-TAKINGS-RISE-22-IN-MAY-DRIVEN-BY-CAR-SALES.jpg)
Retail sales rose in May to reverse Aprilâs decline, but takings at the till were stagnant once motor vehicle sales were removed from the picture.
Analysts said that outbound travel and a tepid recovery in tourist arrivals have dampened sales, but things are likely to look up in the second half of the year.
Turnover grew 2.2 per cent in May from the same month a year earlier, reversing the 1.2 per cent drop in April that had snapped three months of gains.
If motor vehicle sales are excluded, retail turnover in May was flat, though this was an improvement from the 4.5 per cent drop in April.
Half of the 14 retail categories recorded a year-on-year sales increase in May, showed Department of Statistics data on July 5.
Motor vehicle sales led the way with growth of 19.5 per cent, corresponding with a higher certificate of entitlement quota. Food and alcohol turnover rose 11.1 per cent, while watches and jewellery revenue increased 7.4 per cent.
ãã®èšäºã¯ The Straits Times ã® July 06, 2024 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã ?  ãµã€ã³ã€ã³
ãã®èšäºã¯ The Straits Times ã® July 06, 2024 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã? ãµã€ã³ã€ã³
![Voices of Singapore Children's Choir takes second place](https://reseuro.magzter.com/100x125/articles/24723/1761629/VN_xa0x0x1720656978655/VOICES-OF-SINGAPORE-CHILDRENS-CHOIR-TAKES-SECOND-PLACE.jpg)
Voices of Singapore Children's Choir takes second place
\"Is this a dream?\" sang the young choir from Singapore on a music festival stage in Wales on July 3.
![SPAIN LUCKY TO GET 'GENIUS' YAMAL](https://reseuro.magzter.com/100x125/articles/24723/1761629/BOPIZ0gYt1720656886145/SPAIN-LUCKY-TO-GET-GENIUS-YAMAL.jpg)
SPAIN LUCKY TO GET 'GENIUS' YAMAL
De la Fuente wants to protect prodigy after record-breaking feat in s-final win over France
![MISERABLE RUN TO MAIDEN MOMENT](https://reseuro.magzter.com/100x125/articles/24723/1761629/MtQbWIdYe1720655962795/MISERABLE-RUN-TO-MAIDEN-MOMENT.jpg)
MISERABLE RUN TO MAIDEN MOMENT
Krejcikova conquers doubts to reach her first semi-final at All England Club
![WOODWORTH HAS APPEAL THROWN OUT](https://reseuro.magzter.com/100x125/articles/24723/1761629/9EvK6rcM91720655895867/WOODWORTH-HAS-APPEAL-THROWN-OUT.jpg)
WOODWORTH HAS APPEAL THROWN OUT
Stewards reduce suspension to four months for unsatisfactory handling of Silver Dragon
![US economy no longer overheated, Fed chief tells Senate committee](https://reseuro.magzter.com/100x125/articles/24723/1761629/NmGLHl9Zc1720655727509/US-ECONOMY-NO-LONGER-OVERHEATED-FED-CHIEF-TELLS-SENATE-COMMITTEE.jpg)
US economy no longer overheated, Fed chief tells Senate committee
The United States is âno longer an overheated economyâ with a job market that has âcooled considerablyâ from its pandemic-era extremes and in many ways is back where it was before the health crisis, Fed chairman Jerome Powell said in remarks to Congress that suggested the case for interest rate cuts is becoming stronger.
Banks drive STI to six-year high as local stocks extend gains
Local bourse surges 1%; gainers beat losers 324 to 231 | DBS charges ahead of peers; OCBC hits all-time high | 20 other constituents post gains led by ThaiBev, up 3.4%
![Sats forms new business unit to expand Asia-Pacific presence](https://reseuro.magzter.com/100x125/articles/24723/1761629/ooUobcV7H1720655483376/SATS-FORMS-NEW-BUSINESS-UNIT-TO-EXPAND-ASIAPACIFIC-PRESENCE.jpg)
Sats forms new business unit to expand Asia-Pacific presence
New unit to focus on growing market share in region and overseas operations
![Israeli missile hit Gaza site as football match drew crowds](https://reseuro.magzter.com/100x125/articles/24723/1761629/0ebgaeCBt1720655370989/ISRAELI-MISSILE-HIT-GAZA-SITE-AS-FOOTBALL-MATCH-DREW-CROWDS.jpg)
Israeli missile hit Gaza site as football match drew crowds
An Israeli missile slammed into a tent encampment in southern Gaza, just as displaced people had gathered to watch a football match at a school, eyewitnesses said on July 10.
![Four dead as record rainfall causes floods in S. Korea](https://reseuro.magzter.com/100x125/articles/24723/1761629/6cabVvGd71720655273434/FOUR-DEAD-AS-RECORD-RAINFALL-CAUSES-FLOODS-IN-S-KOREA.jpg)
Four dead as record rainfall causes floods in S. Korea
Some train services suspended in affected southern region
![Will Seoul start arming Kyiv after Yoon issues ultimatum to Moscow?](https://reseuro.magzter.com/100x125/articles/24723/1761629/EreYuXfTH1720655152300/WILL-SEOUL-START-ARMING-KYIV-AFTER-YOON-ISSUES-ULTIMATUM-TO-MOSCOW.jpg)
Will Seoul start arming Kyiv after Yoon issues ultimatum to Moscow?
South Korean leader says Russia has to choose between the two Koreas