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Recession, what recession?
Tue, Jun 16, 2009
The Straits Times

By Reico Wong

SINGAPOREANS are spending big bucks at this year's Great Singapore Sale.

According to credit card figures released by MasterCard on Tuesday, the first GSS weekend saw Singapore cardholders chalking up bills of US$26.3 million (S$38.3 million) - an increase of seven per cent from the same period last year.

Locals were also swiping their credit cards more furiously, with the number of transactions they made in the first weekend rising 15 per cent from last year to 283,703 this year.

 

 

 


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