The PAP has run out of ideas and is leading Singapore downhill. The pap is depending on casinos and shopping malls to lead SG into the future.
The pap has failed us badly. The pap can only create jobs such as groupiers and waitresses for Singaporeans.
SIA is failing, NOL is failing, Biotech is gone. SGX is failing
It used to be the wealthy from the lesser developed countries in the region would travel to Singapore just to shop. But nowadays, luxury branded stores can also be found in their own cities. There's no need for them to travel to Singapore to acquire their latest luxury branded goods.
LV, Gucci, Rolex, Omega, Prada, Dior, Bvlgari, Ermenegildo Zegna, Mont-Blanc, Chanel, Hermes, and other mono-brand luxury boutiques can also be found in Bangkok, Jakarta, Manila, Kuala-Lumpur, Shenzhen, Beijing, Shanghai, etc..making Singapore as a shopping destination for the rich redundant.