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consumer spending

Consumer spending in Asia Pacific remains strong, despite rising costs: Mastercard report

Consumer spending in Asia Pacific remains strong, despite rising costs: Mastercard report

Asia Pacific has seen a sharp recovery in outbound travel following the re-opening of borders, despite the growing cost of air travel.
Retail companies expect lower profit growth

Retail companies expect lower profit growth

Rising inflation will have a negative impact on consumer spending, earning growth of retail businesses may not be as high as previously expected, SSI Securities Inc has forecast.
Consumer spending soars as new year holiday nears

Consumer spending soars as new year holiday nears

Consumer spending in November posted a significant year-on-year increase as the Tet (Lunar New Year) holiday neared.
Local spending remains modest

Local spending remains modest

Consumer spending rose 5.1 per cent in the first quarter of this year reaching US$33.4 billion, up 10 per cent on the same period last year, the General Statistics Office (GSO) announced yesterday.