.avif)
COVID-19: Changes in Spending Behaviour Among Singaporeans
Written on :
June 15, 2024
In light of COVID-19, how are people consuming differently? As more people are staying home, spending on services such as online shopping and delivery services have increased. Meanwhile, people are reducing outdoor activities like nightlife, entertainment and dining out has dropped.
No items found.
Latest Insights
Singaporeans sentiments towards the new U.S. tariffs
On April 2, 2025, President Donald Trump announced sweeping new tariffs on Southeast Asian imports, citing the need to “recalibrate trade imbalances” and “bring manufacturing back to American soil.” These tariffs vary significantly by country, hitting Vietnam (46%), Cambodia (49%), and Laos (48%) the hardest. Singapore, while facing the lowest rate of 10%, is not exempt, and neither are its consumers.
