The 3rd quarter Philippine GDP numbers suggest that inflation has affected the different economic classes disproportionately. The higher classes, who can afford to spend on hotels and restaurants continue to do so, despite high inflation and rising interest rates. On the contrary, the lower classes who only spend on the essentials are forced to cut…

In the previous article, we concluded that e-commerce is here to stay and will form a larger part of PH economy. As more Filipinos go online to shop, competition in the e-commerce space will only become tougher and winning for business may mean employing multiple strategies and forging partnerships. In this article, NRI Manila’s Senior…

Adoption of e-commerce by Filipinos have been accelerated, if not forced, by the pandemic. From 2019 to 2022, e-commerce revenues have almost doubled (from USD 8.5 billion in 2019 to USD 16 billion in 2022) according to Statista data. Now that traditional channels have reopened and further lockdowns are not seen in the future, will…

94% of Metro Manila’s middle-class Gen Zs and Millennials felt the impact of inflation in the 2nd quarter of 2023. This summary report outlines the impact of recent inflation on the finances of Metro Manila’s middle-class younger working force, based on the survey conducted by NRI Manila from May to June 2023. For the full…

With inflation rising beyond the government’s targets, the cost of living in the Philippines, particularly in major cities, has steadily increased, giving rise to notable challenges on the finances of Filipinos. In this study, NRI Manila Branch sought to understand how inflation has influenced the consumption, savings, debt, and investment habits of Filipino consumers, particularly…

In January 2023, Nomura Research Institute Singapore conducted a survey in six ASEAN countries (Singapore, Malaysia, Philippines, Indonesia, Thailand, Vietnam) to identify the lifestyles of consumers in the ASEAN region. The survey focused on the three themes of ‘Work’, ‘Housing & Shopping’, and ‘Travel & Entertainment’, while analysing and extracting new business opportunities for companies…

The Philippines has maintained one of the highest GDP growth rates among ASEAN countries and has been recovering from the pandemic. In this this article, NRI Manila’s consultant, Hiromu Matsuoka focuses on the manufacturing sector, one of the key industries generating economic growth and employment, and considers the keys and challenges to the development of…

野村総研シンガポールオフィスでは、2023年1月にASEANの消費者のライフスタイルを明らかにすべくASEAN6カ国でのアンケート調査を実施した。このアンケートは、「働く」・「暮らす」・「楽しむ」の3つをテーマとし、ASEANでの新規事業機会を分析及び導出を行った。 「働く」においては、今後働いていきたい業種やパフォーマンス評価で重視すべき指標が明らかになり、日本企業と他国企業の比較も行っている。「暮らす」においては、今後の住環境における意見や生活に必要なアイテムとその購入場所、更にはそれらのアイテムにおける日本製品への評価を調査した。 「楽しむ」においては、昨今、広がりを見せるスマートデバイスへのニーズや、今後行きたい旅行先など幅広い消費内容を調査。旅行先としての日本の魅力度が今なお高いことが確認された。 Contact Us To Download This Article

Organizations – big or small – find themselves at the cusp of transformation. From incremental revisions in policies and processes to major initiatives that change their businesses at the core. This global outlook report will look into how leaders can hit the refresh button and prepare for the challenges of the year to come. From…

The skillsets to navigate the future are changing at an unprecedented pace. In this article, we will talk about some essential skills that will help us HR Professionals shape the future of work while keeping our competitive edge. Contact Us To Download This Article