Recent disposable income articles
Singaporeans have always been fond of saving their money. But the global financial meltdown has only added to the attractiveness of savings accounts, according to a new survey from The Nielsen Company. Close to six in ten (57%) Singaporeans said that they are now saving spare cash at the expense of their investments and insurance, marking a slight increase from pre-crisis levels.
But the biggest change has come from high-income households. Prior to the crisis, about 40 percent said that they saved most of their money; now, 52 percent indicate that …
Boosted by their country’s booming economy and armed with growing disposable incomes, Indians are increasingly venturing abroad for leisure and business travel.
According to the Nielsen India Outbound Travel Monitor 2008, most international travelers from India are well-educated urbanites. Countries in Asia — Singapore (24% of Indians), Dubai, Australia, and Malaysia (17% of Indians, respectively) — are the most popular destinations for India’s new travel elite.
Overall, Asian destinations account for 72% of international leisure trips and 63% of business trips originating in India, Nielsen reported. In comparison, travel to Europe accounts for just …




