Household spending in the Philippines is expected to post a slower growth this year because of rising consumer prices and a weaker currency, Business Monitor International, a unit of Fitch Group, said in a report over the weekend. “In US dollar terms,…
Vietnamese consumers are the most socially-conscious in Asia-Pacific according to the Corporate Sustainability Report from Nielsen released on April 26. The report indicates that up to 86 per cent of consumers in Vietnam are willing to pay higher prices for…
Fast moving consumer goods (FMCG) sales showed the best improvement in three years in the last quarter of 2016, with 7.3 percent growth against the same period last year, according to the latest Market Pulse quarterly report released by Nielsen on Thursday.…
After a record two years of negative inflation, consumer prices in Singapore finally rose in December last year, with headline inflation coming in at 0.2 per cent. The rise in the consumer price index (CPI) was due to a larger increase in private road…
Consumer credit demand in the Philippines remains strong, supported by President Rodrigo Duterte’s push to sustain economic growth, a loan provider said Friday. Home Credit Philippines expects to hit its target 500,000 clients this year and double its client…
Indonesian consumer confidence rose again in the third quarter of this year in line with their increasing confidence for the government’s recent economic policies, global research company Nielsen revealed on Wednesday. According to Nielsen’s Global Consumer…
E-commerce is a fast-moving game and major forces are changing the rules. Forward-thinking retailers are investing to maximize the potential of both physical and digital channels. Global players that once stood on the sidelines are now poised to compete in…
Thailand’s consumer sentiment recovered for the first time in 10 months in October, thanks to the government’s continued introduction of economic stimulus measures. The University of Thai Chamber of Commerce said Thursday that the consumer confidence index…
Reports from Korea suggest Lotte Group has lost more than 1 trillion won (US$853 million) in China in just three years. Data assembled by CEO Score shows Lotte China made heavy losses between 2011 and 2014 as South Korea’s fifth largest company struggled to…
Chinese policymakers are gung-ho to transition their economy away from investment and toward consumption, but that may not happen for another decade, new data shows. “Without a substantial intervention, we believe consumption’s share of China’s economy is…
A research by eBay exhibits that Singapore’s tech savvy retail exporters, who use the corporate’s on-line market place, promote to a mean 41 worldwide markets. eBay defines retail exporters as these sellers on its website who garner US$10,000 in gross sales…
With a inhabitants of over 1.36 billion and with over 160 cities with a inhabitants of over a million, the alternatives that China presents retailers with are monumental. Subsequently it’s regarded by many as a precedence market. During the last 24 months, a…
The buyer confidence index (CCI) dipped 1.29 factors to 91.64 in Might, whereas the inventory funding confidence sub-index noticed the most important fall, by 9.6 factors, based mostly on a report launched by the Nationwide Central College (中央大學, NCU)…
China will minimize import tariffs by about 50 % for some shopper items in June to spice up home consumption. Tariffs for imported skin-care merchandise will probably be slashed from 5 % to 2 %, diapers from 7.5 % to 2 %, leather-based boots from 24 % to 12…
Consumers in Southeast Asia are “sleeping giants” who will wake up to their full potential over the next 5-10 years, recent reports show. Robust consumption fueled by rising income levels and urbanization are expected to generate an additional $770 billion as…