Sophie Chen
Oct 11, 2013

Asia-Pacific affluent travel more, buy more, but remain cautious about financial investments: Ipsos

SINGAPORE – Robust domestic demand, accommodative monetary policies, rapid credit growth and the rebound of capital inflows have driven Asian affluent’s lifestyle, spending and media consumption worth a total investment of US$767 billion, according to the Ipsos Affluent Survey Asia Pacific (formerly Ipsos PAX) launched today.

Asia-Pacific affluent continue their upscale life

This is the 17th year that the global market research firm has launched the study, which surveyed 19,890 affluent people in Hong Kong, Singapore, Korea, Taiwan, Thailand, Malaysia, India, Indonesia, the Philippines, Australia and Japan.

The findings show that more people with total international air trips excluding Tokyo reaching 14.4 million in the past year, an increase of 31 per cent since 2009.

Totally, there were 6.6 million international business air...

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