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NEW UPDATES Asean Affairs  28 April 2014  

Nielsen sees car buying boom in the Philippines

THE level of car ownership in the Philippines is among the lowest globally, with an estimated 47 per cent of Filipino households not owning their own cars - the fifth lowest globally - according to a study by the market research firm Nielsen.

However, the latest edition of the Nielsen Global Survey of Automotive Demand revealed that local consumers are showing strong intentions of purchasing a new car that will drive much of the local automotive demand in the coming two years.

“Automotive demand in the Philippines has been relatively low and for many households, owning a car has been financially out of reach,” said Nielsen Philippines managing director Stuart Jamieson in a statement.

He stressed, however, that Nielsen’s study pointed to “a more robust automotive demand in the coming years as more households join the middle class and reach the financial means to make their first car purchase.”

The study found that car ownership was relatively low in the Philippines, with 47 per cent of Filipino households not owning a car, while Malaysia posted the third highest level of car ownership globally (93 per cent) and the highest incidence of multiple car ownership globally.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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