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Wednesday, 20 August 2008

Women power at the helm of consumer spending

DOMESTIC consumption is the new revolution in Asia's economy. It has played and will continue to play an increasingly important role in the growth of Asian economies, which were generally export-dependent. Asian economies have come a long way since savings and frugality were the mainstay of the day. Now that the economies have matured, the path to a balanced and sustainable growth lies in understanding the way people spend and the reason behind it because a sustained rise in private consumption is the ultimate engine of economic growth in Asia for the coming years. When analysing the...

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Asia Business Economy Photos Women

Shoppers - Shopping Mall - Consumers - Davao City - Philippines

photo: WN / Janice Sabnal