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May Day Holiday Signals Mixed Results for Chinese Consumer Trends Chinese Consumer Confidence Tested Amid Growing Travel and Spending The recent May Day holiday has emerged as a significant indicator of consumer sentiment in China, showcasing a blend of…
In a notable shift within the retail landscape, private label products are becoming increasingly popular among consumers, contributing nearly 8% to global sales growth in the fast-moving consumer goods (FMCG) sector in the past year, according to recent…
U.S. Trade Office Reports “Productive” Talks with Vietnam on Bilateral Trade Relations The U.S. trade office has announced a positive outcome from a recent virtual meeting with Vietnamese authorities, aimed at strengthening the bilateral trade relationship…
Swiss Banking Giant Highlights Potential for Global Crisis In its latest earnings report for the first quarter, UBS has underscored the growing uncertainties in the macroeconomic landscape, particularly as tensions escalate in the ongoing trade war. The bank…
Multipolitan has released its inaugural Wealth Report for 2024, titled Navigating the Future of Wealth. This insightful report examines the profound changes in the global wealth landscape, primarily driven by a historic transfer of assets from Baby Boomers to…
The Malaysia Retail Chain Association (MRCA), which expects retail sales growth to come in at 4.9% for 2018 in line with the country’s gross domestic product growth, has pointed out that some of its members face difficulties in retailing online amid the push…
Singapore Retail Sales Growth Eases Less Than Expected In July Retail sales rose 0.2 percent in August, slightly below analysts’ consensus estimate. “Along with a 0.3% m/m rise in core sales and an expected increase in restaurant sales, these components imply…
The federal government plans to triple the variety of duty-free outlets in native vacationer spots across the nation to 20,000 by 2020 to attempt to lure extra overseas vacationers. It’s going to additionally transfer up its 2020 aim of increasing farm and…
China retail gross sales grew 10.1 per cent yr on yr in Might based on knowledge from the Nationwide Bureau of Statistics. Complete retail gross sales reached 2.42 trillion yuan, or US$396 billion, the bureau introduced. General for the primary 5 months of…
China retail gross sales progress is strongest in rural areas, with city space progress persevering with to say no. China’s Nationwide Bureau of Statistics introduced Wednesday that retail gross sales general grew 10 per cent in April, year-on-year, to 2.24…
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