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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...

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.