Lower density regions to lead consumer growth in Asean
Nielsen and AlphaBeta report advocates granular approach in considering consumer markets
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
IT is not densely populated mega-cities, but less populous "middleweight" regions that will be the main drivers of growth in Asean's consumer markets for up to 2030, said a report by performance management company Nielsen and economic strategy firm AlphaBeta.
The report, titled "Rethinking Asean", said while cities like Jakarta, Manila, and Bangkok are important consumer markets, they do not dominate Asean's consumer demand.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?
