Media OutReach
Tourism and Commerce Surged During F1™[1] Singapore Night Race – Visa
The increase in spend is driven by affluent travellers and nighttime economy
SINGAPORE – Media OutReach Newswire – 16 October 2025 – Visa, a global leader in digital payments, today released new insights from VisaNet data that underscore the substantial tourism and commercial uplift during the recent F1™ Singapore Night Race. The event, renowned for attracting a global audience, has proven to be a pivotal catalyst for Singapore’s economy, with marked increases in visitor arrivals, nighttime spending, and digital payment adoption.
According to VisaNet data, overall travel-related spending in Singapore during the F1™ race period rose significantly compared to the same period last year. International arrivals surged, with the majority of visitors originating from key markets such as China, Australia, the United States, and Malaysia. The event generated a double-digit percentage increase in both transaction volumes and overall spend across hospitality, retail, and entertainment sectors.
Affluent Travellers[2] are Driving High-Value Commerce
Visa’s data showed that while affluent travellers made up about 30 per cent of all travellers to Singapore during the race week, they accounted for an outsized 40 per cent of spending. Compared to an average week, affluent travel into Singapore was about 30 per cent higher but their spending surged by nearly 45 per cent during the week of the race, reflecting the sophisticated allure of the Singapore Night Race. Travel spending from Mainland China, Australia, the United States, and Indonesia accounted for over 40 per cent of spending done by all travellers during the week of the race, showing how Singapore is a major attraction for tourists not only in Asia, but around the world.
Affluent travellers are also highly diverse spenders. While the bulk of affluent spending was on retail and dining, such as for apparel (~15%) and at restaurants (~15%), affluent travellers were also keen to spend on a wide range of local retailers and services, especially on categories such as Discount Stores (~450% uplift) and Electronics (~100% uplift).
Another key finding was the growth in travel by corporate travellers[1] in the race week, which coincided with various conferences and exhibitions. Compared to an average week, around 80 per cent more business cardholders visited Singapore during the race week with their spending nearly tripling by surging approximately 170 per cent.
Nighttime Economy: Late-Night Spending Trends
The unique timing of the Singapore Night Race fuelled a significant increase in nighttime commerce. In the week of the Singapore Night Race, late-night spending (11pm – 5am) surged by over 90 per cent, reflecting the demand for 24/7 consumption by tourists. Visa found that travellers are looking for food and fun after dark, with Restaurants, Fast Food, and Entertainment seeing the most traveller spending. Wide availability of these options in the Marina Bay region hosting the circuit, and in areas like Clarke Quay and Tanjong Pagar just a short walk away from the race, likely contributed to the surge in spending.
Small and medium-sized businesses across Singapore benefitted significantly from the influx of visitors. In the week of the race, SMBs in the city saw traveller spending rise by about 65 per cent, especially in retail and dining as racegoers explored the city including its heartlands. Restaurants (~80% uplift) like local eateries and cafes, as well as SMBs in retail such as Electronics (~80% uplift) and Groceries (~120% uplift) saw some of the most notable lifts in traveller spending.
“The F1™ Singapore Night Race is a showcase of Singapore’s vibrancy and global appeal. Our data shows that the event not only attracts a diverse group of affluent travellers but also drives significant uplift for local businesses, especially small and medium enterprises. By enabling seamless and secure digital payments, Visa helps merchants and consumers make the most of these world-class experiences.
Importantly, Visa’s data-driven insights empower issuers and merchants to identify spending patterns among tourists and pinpoint opportunities in high-growth districts. This enables our partners to tailor their offerings and marketing strategies, driving greater engagement and spend where it matters most. We remain committed to supporting Singapore’s growth as a premier destination for international events and to fostering innovation that benefits everyone in our community,” said Adeline Kim, Visa Country Manager for Singapore & Brunei.
[2] Affluent cardholders are defined as Visa cardholders across AP, using Visa Signature, Visa Infinite cards, except for Japan, which includes Visa Gold+
Hashtag: #Visa
The issuer is solely responsible for the content of this announcement.
About Visa
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.
As awareness around women’s health continues to grow, menopause remains a life stage that is frequently underserved by mainstream health solutions. JR Life Sciences is responding to this gap with a science-backed, plant-derived formulation that offers a natural alternative to conventional hormone-based therapies, one that is both accessible and aligned with the preferences of today’s health-conscious consumer.
Menopause Relief is a once-daily capsule containing three plant-based phytoestrogens, each selected for their clinically studied benefits in managing menopause symptoms and supporting long-term health. The formulation is free from synthetic hormones and is suitable for both vegetarian and vegan diets, making it broadly accessible across diverse consumer lifestyles.
Key active ingredients include:
- Lifenol Hops Extract (8-PN phytoestrogen): Shown to lessen hot flushes, night sweats, sleep disturbances, restlessness and irritability while helping to maintain total-body bone-mineral density.
- Flax Lignan (SDG phytoestrogen): Provides gentle hormonal support that helps balance oestrogen levels during the transition.
- Soy Isoflavone (genistein and daidzein): Supports bone strength, reduces hot flashes and steadies mild mood swings.
The launch of Menopause Relief reflects a broader strategic priority for JR Life Sciences: to expand its women’s health portfolio in response to growing consumer demand for natural health solutions. In Singapore, where an ageing population is driving increased interest in preventive health and targeted supplementation, the company sees a significant opportunity to better serve women navigating the menopause transition.
Holistic Way currently distributes a comprehensive range of nutraceuticals across key health categories, including:
- Musculoskeletal Health: Products categorised under joint supplements to address knee pain and mobility concerns in ageing demographics.
- Immunity & General Health: Daily essentials ranging from Vitamin C tablets and multivitamin supplements to vitamins for the immune system.
- Specialised Care: Targeted formulations including eye health supplements, probiotics supplements, and heart health supplements.
- Beauty & Wellness: Functional supplements such as collagen shots, hair growth supplements, and anti-ageing supplements.
As JR Life Sciences prepares for 2027, its focus remains on addressing unmet market needs and evolving consumer expectations. Guided by a commitment to science-backed innovation and quality, the company continues to invest in building a future-ready product pipeline that supports long-term well-being and reinforces trust among consumers in Singapore and beyond.
Menopause Relief is now available through Holistic Way’s retail and digital channels. For more information, visit https://holisticway.com.sg/.
Hashtag: #HolisticWay
The issuer is solely responsible for the content of this announcement.
About Holistic Way
Holistic Way is a leading Singapore-based health supplement brand under JR Life Sciences, committed to supporting holistic wellbeing through science-led nutrition. The brand offers a comprehensive range of supplements formulated to support key health areas, including immunity, hormonal balance, joint health, digestive wellness, and healthy ageing. Guided by evidence-based research and stringent quality standards, Holistic Way focuses on delivering effective, reliable solutions that address both everyday wellness needs and specific life-stage concerns. Through its emphasis on scientific integrity and product excellence, Holistic Way empowers individuals to take proactive control of their health and well-being.
Emerging economies are becoming the EV industry’s fastest-growing markets, creating new opportunities for automakers with an international footprint. VinFast’s latest expansion reflects that shift.
DUBAI, UNITED ARAB EMIRATES – Media OutReach Newswire – 5 August 2026 – For much of the past decade, the global electric vehicle conversation has revolved around three markets: China, the United States, and Europe. But recent industry data suggests the next chapter may be written elsewhere.
According to the International Energy Agency (IEA), global car sales fell about 5% in the first half of 2026 as economic pressures, fuel price volatility and policy changes weighed on demand in China and the US. Yet electric vehicle sales rebounded strongly in the second quarter, reaching record levels in 50 countries. Markets including Vietnam, India, Australia and South Korea roughly doubled EV sales compared with a year earlier, while more than 90 countries posted year-on-year growth during the first half of the year.
The shift reflects a broader change in where future industry growth is likely to come from. While China remains the world’s largest EV market, the IEA expects sales there to stagnate this year for the first time this decade, even as electric vehicles account for more than 60% of new car sales. Meanwhile, emerging markets are becoming increasingly important, supported by expanding policy incentives, growing charging infrastructure and rising consumer interest.
The agency also notes that China and other emerging economies are expected to account for around 60% of global car demand over the next decade, making success in these markets an increasingly important determinant of future automotive leadership.
VinFast’s latest performance reflects this changing landscape.
The Vietnamese automaker delivered 70,085 electric vehicles globally in the second quarter of 2026, up 96% year-on-year, bringing first-half deliveries to 128,662 vehicles, a 78% increase from the same period last year. The company’s two-wheel business also continued to expand rapidly, with 286,039 electric scooters and e-bikes delivered during the quarter, up 311% year-on-year.
The delivery mix also highlights the importance of products designed for diverse market needs. Models ranging from the compact VF 3 and VF 5 to the Limo Green MPV and the newly introduced VF MPV 7 all contributed meaningfully to second-quarter volumes, suggesting demand is spread across both personal mobility and commercial transportation segments.
Just as significant is where those vehicles are going.
In July, VinFast exported more than 5,000 electric vehicles aboard two dedicated vessels. One shipment, consisting of approximately 1,500 VF 6 SUVs, was designated for partner Green SM’s planned expansion in Europe, while another transported more than 3,500 vehicles to the Philippines and Indonesia. The voyages marked VinFast’s 37th and 38th international export shipments in fewer than four years, underscoring the increasing operational scale behind its global expansion.
VinFast’s effort in international market, including in the Middle East, shows that as growth becomes more geographically diversified, automakers can no longer rely on a handful of mature markets to drive expansion. Instead, success will increasingly depend on building products, distribution networks and operations that can compete across a wide range of emerging economies.
For the global EV industry, the center of gravity is not disappearing from established markets. It is becoming far more distributed. VinFast’s recent momentum suggests that companies positioned across multiple high-growth regions may be among the best placed to benefit from that shift.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
Media OutReach
EM Services and SPTel Partner to Advance Smart Estate Management Through Digital Connectivity and IoT Solutions
- Faster detection of estate issues
- Faster response and resolution times
- Better use of manpower and resources
- Better services and living environments for residents
CEO
EM Services
Chief Executive Officer
SPTel
Hashtag: #EMServices #SPTel
The issuer is solely responsible for the content of this announcement.
About EM Services
About SPTel
