2. Singaporeans are big online shoppers Online shopping in Singapore is booming. By 2015, e-shoppers will be

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2. Singaporeans are big online shoppers Online shopping in Singapore is booming. By 2015, e-shoppers will be snapping up clothes, shoes, books, and gadgets to the tune of S$4.4 billion, up from an estimated S$1.9 billion last year. PayPal's general manager for Southeast Asia and India says consumers are shifting their spending from physical stores to online stores because of lower prices, greater convenience, and a broader selection.

Source: The Straits Times, August 18, 2013

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Foundations Of Microeconomics

ISBN: 9780063076280

7th Global Edition

Authors: Bade, Robin;Parkin, Michael

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