Consumer Spending

Asia·Aug 12, 2026

Wilcon Depot Posts 3.5% Earnings Growth as Philippine Home Improvement Demand Strengthens

The Filipino retailer recorded P1.2 billion in first-half profit while expanding its store network across all regions, with same-store sales climbing 8.4% in Q2 despite margin pressure from product mix shifts.

By Mariel D. Santos · 3 min ·

Asia's overnight moves, distilled into a five-minute read.

Fed Rate Hike Exposes Divergence in China's Economic Performance

Filipino Household Income Rose 16% but Spending Outpaced Gains

China's Wealthy Pull Back From Luxury as Offshore Tax Crackdown Takes Hold

The Hidden Arithmetic of Tax Relief

Thai Retailers Push Government for Urgent Relief as Consumer Spending Stalls

Tokyo Shoppers Brace for Sustained Inflation Through Year-End

Malaysia's Economy Gains Momentum on AI Spending and Consumer Strength

South Korea's Economy Gains Momentum on Export Surge and Consumer Spending

Cosco Capital Earnings Climb 9.2 Percent on Stronger Grocery Sales

Thai Shoppers Cut Spending per Trip as Household Budgets Tighten

Philippine Growth Forecast Cut as Consumer Spending Stalls

Wilcon Depot Posts 3.5% Earnings Growth as Philippine Home Improvement Demand Strengthens

South Korea's Tourism Recovery Delivers Ninefold Jump in Foreign Card Spending

DatVietVAC Turns Profitable in First Half, Eyes Concert Season Boost

Philippine Economy Slows to 2.3% as Energy Crisis and Spending Cuts Bite

Japanese Household Spending Drops 3.3% as Weather and Geopolitical Tensions Dampen Consumption

Indonesian Consumer Spending Defies Economic Volatility

Indonesia's Economy Expands 5.3% in Q2, Beating Forecasts Amid Consumption Surge

Singapore Retail Sales Climb 4% in June, Falling Short of Economist Expectations

Luckin Coffee Hits 36,000 Stores as Revenue Climbs 28% in Second Quarter

Uniqlo Pushes Into Philippine Provinces Despite Rising Costs