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Shoppers' Xmas budgets bigger this year despite expectations of weaker 2016

Increase shows that consumers still place importance on gift-giving at this time and on celebrating relationships

Interestingly, the UOB survey found that the men still don't get what the women want, and vice versa.


SHOPPERS in Singapore are likely to spend more this year on their Christmas gifts despite the cautious economic outlook.

According to a survey commissioned by United Overseas Bank (UOB), consumers here have a budget of S$769 for their festive shopping, which is 8 per cent