consumption

Retail Asia10/10/2016

Bank Indonesia estimated that household consumption rose in the third quarter of this year from 5.04 percent of the countrys Gross Domestic Products (GDP) in the second quarter of this year. One of the factors causing the increase was high consumption during Idul Fitri 2016, Executive Director of Statistic Department of the central bank Hendy […]

Retail Asia04/10/2016

The countries electricity consumption in the first half of 2016 reached 107.2 Terra What hour (TWh), up 7.85 percent from 99.4 TWh in the same period in 2015, state-owned electricity company PLN said. Senior Public Relations Manager of PLN Agung Murdifi said in a release here on Sunday that the consumption growth raised electricity sales […]

Retail Asia11/03/2016

It was a quick decision for Wu Qiaoyun, 35, from Yunnan province, when she splashed out nearly 90,000 yuan (HK$107,000) on a new Peugeot 301 just before the Lunar New Year. As a new mother of a four-month-old baby girl she believed a car would be more convenient for her family. Wu, an accountant at […]

Retail Asia24/02/2016

China’s consumption will grow at a quick pace in 2016, the country’s Minister of Commerce Gao Hucheng assured investors Tuesday, while tackling issues such as impact of yuan devaluation, building more free trade zones and the U.S.-led Trans-Pacific Partnership (TPP) at a news conference. A slowdown in China’s traditional economic drivers — heavy industries and […]

Retail Asia21/12/2015

The dramatic rise of China’s upper middle class and affluent families is expected to become a major driver for domestic consumption, which will grow fast despite the nation’s sluggish economy. A report released by consulting firm BCG and AliResearch, the research arm of China’s largest e-commerce company Alibaba Group, said the combined number of upper-middle […]

Retail Asia24/11/2015

China will promote the development of the retail, health, travel and sports sectors in a bid to boost domestic consumption, the cabinet said on Sunday. In a statement on its website, the State Council said it will encourage financial institutions to accept a broader range of collateral for extending loans to “lifestyle-related businesses”. Other sectors […]

Retail Asia01/06/2015

2Shopping-Malls_China_Beijing_CapitaMall-Wangjing_CapitaMall-Wangjing-Beijing-Facade-1024x556.jpg

China will minimize import tariffs by about 50 % for some shopper items in June to spice up home consumption. Tariffs for imported skin-care merchandise will probably be slashed from 5 % to 2 %, diapers from 7.5 % to 2 %, leather-based boots from 24 % to 12 %, and woolen fits from 17.5 […]

Retail Asia11/05/2015

Consumers in Southeast Asia are “sleeping giants” who will wake up to their full potential over the next 5-10 years, recent reports show. Robust consumption fueled by rising income levels and urbanization are expected to generate an additional $770 billion as 60 million people join the region’s consuming class or move into more affluent consumer […]

Tag: consumption

Household consumption estimated to increase in third quarter

Electricity consumption up 7.85 percent: PLN

For domestic consumption, China’s women are in the driving seat

China Consumption Growth To Stay Strong In 2016

China’s growing upper middle class to drive consumption by 2020

China pledges to boost retail, health and travel sectors to lift consumption

50% tariff reduce to spice up consumption

Consumption’s ‘sleeping giants’ about to wake up