UOB Survey: 69% of M'sians buying more from local businesses to help economy

  • Banking
  • Thursday, 24 Dec 2020

UOB Malaysia executive director and country head of business banking Raymond Chui

KUALA LUMPUR: Almost seven in 10 Malaysian consumers (69 per cent) are buying more from local brands to help these businesses bounce back from the COVID-19 pandemic, according to the UOB ASEAN Consumer Sentiment Study.

The survey has also found that 60 per cent of Malaysian consumers surveyed have spent more on businesses that support lives and livelihoods affected by the pandemic.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!


Next In Business News

A coral reef threatens to derail Brazil’s best bet on oil output growth
Solek closes financing for Chile PV projects
Chinese investments help bolster Thai business
Starbucks riding coffee buzz in Asia
Credit Suisse aborts China bank proposal
Great Wall plans EV battery assembly in Thailand
Proactive measures to sustain inflow of FDI
Data-driven policy for better food security
Hewlett-Packard sales slump worse than expected
Indonesia considers limits on LNG exports

Others Also Read