Taiwanese have strongest desire to save in Asia-Pacific: survey

Focus Taiwan
Date: 2018/03/05
By: Tsai Yi-chu and Elizabeth Hsu

Taipei, March 5 (CNA) Taiwanese consumers were found to want to save 24 percent of their incomes every month over the next six months, making them the group most interested in saving money in the Asia-Pacific region, a Mastercard survey has found.

The ratio of planned savings topped the 18 percent across the region and was the highest among the 18 Asia-Pacific markets surveyed, according to the results of the 2017 Consumer Purchasing Priorities survey by Mastercard Inc. on money management released Monday.

The survey also found that 87 percent of Taiwanese respondents planned to put more money in their savings or keep their savings unchanged over the next six months, compared to the previous survey period.

The major purposes of saving money from their basic incomes were found to be retirement (55 percent), investment (54 percent) and overseas travel (50 percent).
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