The Business Times
business-time-50
Asean Business logo
SPONSORED BYUOB logo

Pandemic driving South-East Asian shoppers online

google-preferred-sourceAdd BT as a preferred source
Annabeth Leow

Annabeth Leow

Published Thu, Aug 6, 2020 · 09:50 PM

Singapore

NEARLY eight in 10 people in Singapore will make an online purchase this year, as the novel coronavirus drives South-east Asian consumers online faster than earlier expected.

Singaporeans are also the most willing to splash out: Almost six in 10 shoppers drop at least US$50 on each online purchase - the biggest share of such "high spenders" in the region.

AseanDigital economyE-commerce

TRENDING NOW

Ng Khee Siong joined Inchcape in 2019; he was confirmed as managing director in November 2023.

Ng Khee Siong, managing director of Borneo Motors parent Inchcape Singapore, resigns

Employees may grumble about long hours, difficult clients or demanding deadlines, but often the biggest push factor is how they are treated.

What makes a good job? Feeling that you matter

Although aluminium’s price has eased recently on the expected return of Middle Eastern supply, analysts believe that it is likely to remain elevated in the near term.

Resilient aluminium prices set to boost Asia’s smelters over global rivals: analysts

As at June, central banks were still buying gold, which reinforces its role as a reserve asset outside the US dollar system, according to a report by HSBC.

Gold has fallen over 20% since 2026’s peak – but is it a ‘buy’? Here are the latest target prices

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More