About 57% of respondents in a recent survey said they buy products online, saying it is so convenient, with the average shopping bill 500 to 1,000 baht, according to the Commerce Ministry.
In a survey of 4,653 people in Bangkok and provinces in June and July, 56.87% said they shopped online, said Somkiat Triratpan, director of the ministry’s Office of Trade Policy and Strategy.The most popular products were clothing, accessories and shoes.
Online fraud remains a big concern
The balance of the respondents, 43.13%, said they did not buy goods online because they were wary of fraud, and many in the provinces did not know how to use the internet.
Main reasons given for shopping online were the convenience with around-the-clock service, home delivery and the large selection offered.
The majority of respondents purchased products online once or twice a month.The average bill in each purchase was in the range of 501-1,000 baht. They liked to buy from domestic suppliers and preferred to transfer money to sellers’ accounts.
Gambling in Asia: Thailand and more
There is a large demand for gambling throughout Asia, which is detailed below in a comparison between various countries, such as Thailand and more.
One of the fastest growing industries in the world is the gambling industry. It is currently worth around $443.2 billion, and is expected to continue climbing to an estimated $647 billion by 2027.
Skin-lightening products market to reach US$31 billion by 2024
In emerging Asian and African economies, the natural aspiration to enhance one’s circumstances has led to rapid growth in the market for skin-lightening products, which is projected to reach US$31 billion by 2024.
How much do you need to retire in Thailand?
The lowest in Southeast Asia is Indonesia at USD290,599, followed by Malaysia at USD321,614. Vietnam is competitive at USD353,906. Cambodia and Thailand are a close tie at around USD389,000.
SINGAPORE, 1 March 2021: Singapore and Hong Kong are among the ranks of the most expensive places to retire, with Pakistan, India and Kyrgyzstan at the cheapest end of the scale, according to a study by NetCredit.
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