Corporate gifting grows during Covid-19, businesses expect higher sales this Chinese New Year

DEMAND for corporate gifts has been increasing in spite of Covid-19, as more people turn to hampers to convey appreciation amid the movement restrictions.

Local gift companies polled by The Business Times said order volumes from corporate clients have either held steady or grown since the pandemic began.

Noel Gifts product and services manager Jess Chan said the company hopes for a 5-8 per cent year-on-year increase in sales, based on earlier enquiries and sales during the "short runway between Christmas and Chinese New Year".