consumer spending
Indonesia’s retail stores feel the void as online shopping takes off
After years of impressive growth in wages and consumer spending, sales at retail outlets and malls in Indonesia are at the crossroads, while, at...
Philippine consumer spending primed for growth
Philippine households have among the lowest debt in Asia, solidifying a “long runway” for continued economic growth in the outperforming ASEAN nation, a...
ASEAN consumers among world’s most confident
A recent report by consumer research firm Nielsen showed that people in ASEAN countries are among the world's most confident consumers due to dynamic...
Merry Christmas in the East: The gift of Asian spending
Despite having relatively small Christian population, Asian nations have come to represent the epitome of contemporary Christmas commercialism, offsetting lower spending in crisis-rocked Europe, writes Justin Calderon.
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...