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NielsenIQ: Consumers in Hong Kong prefer health and wellness products amid pressure on wallet spends

HONG KONG SAR - Media OutReach - 29 August 2023 - Fast-moving consumer goods (FMCG) have shown signs of a rebound in Asia Pacific (APAC) markets like Hong Kong (+1.8% in 2022 vs negative 10% the previous year) and Singapore (+0.8% in 2022 vs negative 2.1% in the previous year), while in Southeast Asia strong growth found in SEA including Indonesia (up by 4% in 2022 from 2021), The Philippines & Vietnam (up by 5.5%, 28.6% across the same period, respectively).

More Articles …

  1. NIA launches the profile of Thailand for 2023 with strengths in establishing startup businesses "Key Destinations" announce Thai-foreign startups with growth opportunities
  2. International Charity World Vision Partners Local Social Service Agencies to Support Vulnerable Children in Singapore
  3. Win Metawin and Coca-Cola Unwrap the Magic of Mealtimes in A Heartwarming Film Celebrating Sibling Bonds
  4. Kellogg School of Management's John L. Ward Center for Family Enterprises Highlights Importance of ‘Transformative Learning’ for Family Businesses
  5. BYD’s Controlled Subsidiary to Acquire Jabil’s Mobile Electronics Manufacturing Business
  6. AGON by AOC reveals its latest 26.5" OLED competitive gaming monitor with 0.01 ms, 240 Hz, HDR10, and improved Dynamic Dial Point: The AGON PRO AG276QZD
  7. Official Launch of HashKey Exchange's Grand Launch on August 28th
  8. Breaking Through will be released in Thailand on September 7th 2023 by Thongkham Films
  9. Flagship Collector Brand TAMASHII NATIONS announces its first flagship store in the USA: TAMASHII NATIONS STORE NEW YORK
  10. GUNDAM docks at THAILAND
  11. Victory Securities: The first regulatory-compliant virtual asset trading application (APP: "VICSEC") is now officially launched and operational in Hong Kong’s financial market
  12. Kerry Logistics Network Wins Pioneering Award for ESG Disclosure Contribution at the HKQAA Hong Kong Green and Sustainability Contribution Awards 2023
  13. Digital Entertainment Leadership Forum 2023 Officially Kicks Off Today
  14. Friend.Tech Airdrop Guide & Layer 2 Bridging Launched on BingX
  15. More than 3,500 Participants Recorded at 2023 Digital Entertainment Leadership Forum (DELF)
  16. The Bit Best Elite Leaders Summit held in Dubai concluded successfully.
  17. Young people want it all – financial freedom and time to enjoy life
  18. Igniting Innovation: Samsung Solve for Tomorrow 2023 Aims to Inspire Secondary School Changemakers
  19. Lioner Expands Client Advisory Offering in Mainland China
  20. Singapore to Host Singapore Convention Week 2023

News from Asia

Singaporeans Feeling the Pressure: Cost Concerns Rise as Household Optimism and Government Ratings Weaken - Blackbox Research Study

Blackbox’s latest SensingSG findings show affordability concerns rising amid global headwinds; workplace sentiment and the Good Governance Meter see notable falls.SINGAPORE – Media OutReach Newswi...

SIM Academy Explores How Mid-Career Professionals Can Build More Resilient Skills Portfolios

SINGAPORE - Media OutReach Newswire – 22 October 2026 - For many professionals in their 40s, upskilling has become a practical necessity rather than a discretionary choice. With technological chan...

ZTE Launches M8000 Intelligent Computing Micro-Module Data Center, New-Gen AIDC IT POD Solution for Global Deployment

SINGAPORE – Media OutReach Newswire – 22 October 2026 – ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of integrated information and communication technology solutions. ZTE has o...

Hisential Clinics Singapore Advocates Doctor-Led Men's Health Screening Ahead of Movember 2026

The Orchard Road clinic outlines a goal-based alternative to off-the-shelf test packages*SINGAPORE - Media OutReach Newswire - 22 October 2026 - Hisential Clinics Singapore, a doctor-led health sc...

Vincom Retail Partners with South Korean Premium Buffet Giant QooQoo

HANOI, VIETNAM – Media OutReach Newswire - 22 October 2026 – Vincom Retail has signed a memorandum of understanding (MoU) for strategic cooperation with QooQoo Franchise Group, the company behind ...

OPPO Find X10 Series Launches Globally with True-to-Life Imaging and All-Round Flagship Upgrades

SHENZHEN, CHINA – Media OutReach Newswire – 22 October 2026 – Leading global smart device brand OPPO today announced the global launch of its latest flagship smartphones, Find X10 and Find X10 Pro...

Polarise Launches Sovereign AI Cloud at NVIDIA GTC Berlin, Delivering Enterprise AI From Data Center to Application

With Polarise Rise and Polarise Drive, the German AI provider extends its own European AI Factories into a full-stack sovereign cloudBERLIN, GERMANY – Newsaktuell – 22 October 2026 – Polarise annou...

Torras Ostand Q3 Vegskin Nature Iphone Case: A Premium iPhone Case Inspired by the Textures of Nature

TOKYO, JAPAN – Media OutReach Newswire – 22 October 2026 – The Torras Ostand Q3 Vegskin Nature Iphone Case is an iPhone case featuring the refined texture of organic silicone and a palette of ca...

TORRAS Launches Four New Ostand iPhone Cases with Built-In Stands for iPhone 18 Pro and Pro Max

From rugged protection to refined design, four new models tailored to different needs.TOKYO, JAPAN – Media OutReach Newswire – 22 October 2026 – Rakuso Mirai Co., Ltd., the company behind the smar...

APAC CEOs face the same AI and geopolitical pressures as their global peers but are more confident in navigating complexities

SINGAPORE – Media OutReach Newswire – 22 October 2026 – Egon Zehnder, the world's premier leadership advisory firm, today released the results of its latest global CEO survey, The CEO Response...

Australian workers spend almost an hour a day administering email

Research finds email filing, searching and rework consuming an estimated 58 minutes a day and potentially exposing organisations to millionsAustralian...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...