Asian Middle Class Consumption

As per capita income rises in Asia, the consumption power of Asia’s mass affluent population is a force to be reckoned with. Asians are now spending more on things they want and less on things they need. The consumer patterns of Asia’s middle class will drive demand for many industries including education, infrastructure, and luxury goods. It pays to know what Asian consumers are spending on and where consumption growth is the fastest.

Asia's Growing Appetite

infographic

Despite the financial tsunami in 2008, Asia’s consumption continued to grow in the following 5 years at a phenomenal rate. Now, Asia plays a leading role in global economic growth.

Igniting possibilities with Asian Insights - Retiring in Asia

Singapore, Retirement

Tan Su Shan, Group Head, Consumer Banking and Wealth Management, DBS, highlights the reality of how many of Asia’s retirement income systems are not prepared for rapid population ageing.

Japan: Mixed Impact of Low Oil Prices

Japan / Economics

Cheaper fuel will lower Japan’s trade deficit and could boost domestic growth. But falling oil prices might also hamper attempts to reflate the economy.

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