The Week in Retrospect [Mar 2 – 8]

The first week of March has arrived with new Instagram features, lowered growth target for China and new findings on Asian online shopping habits.

Instagram unveils new features for advertisers: Instagram is finally going to allow brands to place ads in the app that can link out of the social network. These crucial new ad features signal a maturing Instagram, which has been slowly increasing its marketing sophistication.

China lowers 2015 growth target to ‘around 7%’: China lowered its 2015 economic growth target to “around seven percent“, according to state media, as authorities attempt to set the world’s second-largest economy sustainable on a more sustainable expansion path.

Singapore’s Most Expensive, Again: For the second time in row, Singapore is the world’s most expensive city according to the Economist Intelligence Unit (EIU). Criteria of assessment include transportation costs, groceries and clothes shopping as well as entertainment expenses.

UPS surveys 5,200 in Asia on online shopping habits: It was found that when checking out, free shipping was the most important for 71% of Singaporeans surveyed, and being offered other items for sale was of least interest.