ASEAN consumers show growing interest in sustainable investing: UOB

There is a growing appetite for sustainable investments across ASEAN, said UOB in a 30 December press statement. Based on statistics from the ASEAN Consumer Sentiment Study 2021, 91% of ASEAN consumers express a desire for financial institutions to provide more information about the benefits of sustainable investing, as well as offer more options in sustainable investment solutions. The study noted that this was particularly prevalent in Indonesia (96%), Singapore (91%) and Malaysia (91%). Around 3,500 respondents from 5 ASEAN countries were interviewed for UOB's study, which is in its second edition and was completed in July 2021. This includes 1,000 respondents from Singapore and more than 600 each from Indonesia, Malaysia, Thailand and Vietnam.