Singaporeans biggest savers in Southeast Asia: survey

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Singaporeans biggest savers in Southeast Asia: survey
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pemStocks emerged as the most popular investment choice./em/p pSingaporeans are well ahead of their Southeast Asian peers in managing finances proficiently as they were found to be the biggest savers and the most keen to invest in the region, according to a survey by Milieu Insight.

Singaporeans are well ahead of their Southeast Asian peers in managing finances proficiently as they were found to be the biggest savers and the most keen to invest in the region, according to a survey by Milieu Insight.

At the bottom of the ranking are Indonesia, Thailand and The Philipppines where only half of citizens can set aside up to 10% of their income for savings. Stocks emerged as the most popular investment choice among Singaporeans, followed by fixed deposit plans and bonds, respectively. Building wealth over time, meanwhile, was their top motivation to invest much higher than the regional average .

The survey polled 3,100 respondents in Singapore, Malaysia, Indonesia, Thailand, Vietnam and the Philippines from January to February, to understand the financial behavior of Southeast Asians, including their saving habits, credit card ownership and payment habits....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

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