In order to seize the opportunity, Lamba said that businesses could start by adapting to social and conversational commerce. The global MMA data showed that 63 percent of Asia Pacific consumers interact with businesses through social commerce. This percentage was higher than in Latin America (58 percent), Europe and the Middle East (42 percent), and North America (35 percent)“Brands are connecting with these customers through Facebook Messenger, WhatsApp and other omnichannel social apps, which will be the thing of the future,” he said.He added that businesses could learn to innovate by continuing to engage in research and development even though they are cutting costs to survive the pandemic. Lamba said that during the 2008 recession, companies that spent money on R&D showed a much better return on investment and growth post-recession.The MMA questioned 500 people in 10 major cities namely Jakarta; Bandung, Bekasi, Bogor and Depok in West Java; Tangerang, Banten; Surabaya, East Java; Semarang, Central Java; Yogyakarta; and Medan, North Sumatra, from April 18 to 20.Topics : “People are postponing buying discretionary items until after the epidemic is over. This could be bad news for the automotive, electronics and also retail categories to some extent,” he said in a webinar on Monday.“The trend is especially true for big cities which are impacted the most by job cuts,” he continued, adding that the middle-income group in the Greater Jakarta area was reportedly reducing its spending by 36 percent, compared with 27 percent outside of the region.Consumers are increasingly worried as they expect the situation be the norm for 3.2 months, compared with the two months expectation they had last month. As such, the survey also revealed a 6-percentage point increase in consumer worries over financial security to 44 percent in April from 38 percent last month. Lamba went on to say that 67 percent of respondents believe their current Ramadan budget will be much less than last year with an average budget reduction of 43 percent. Meanwhile, 20 percent say they will spend the same amount and only 13 percent of consumers say they will spend more this Ramadan.He said that spending in the digital category was expected to bloom as both upper- and middle-income respondents say they will be spending more on mobile data and home internet subscriptions, as well as moving the holiday shopping toward e-commerce and other digital platforms.“What we already see happening is a lot of Ramadan activities such as breaking-of-the-fast gatherings are moving to online platforms,” he said, adding that consumers in the upper social economic sector would also spend more on gaming and movie streaming services. Many people still plan to buy Islamic goods and fashion items for the Ramadan fasting season despite an overall decline in consumer spending caused by growing financial insecurity amid the COVID1-19 pandemic, a survey has indicated.While fashion items remain on consumers’ shopping lists, purchases of recreational and luxury items such as jewelry and smartphones are expected to decline sharply, according to the survey conducted by the Mobile Marketing Association (MMA) and SurveySensum.SurveySensum founder and CEO Rajiv Lamba said that the overall value of the consumer’s Ramadan shopping basket was expected to go down by 32 percent with lower spending on leisure travel partly as a result of the decline in earnings and Idul Fitri holiday bonuses (THR).
Kia Joorabchian sends message to Arsenal and Chelsea over Philippe Coutinho’s stance Philippe Coutinho has been offered to Arsenal, Chelsea and Manchester United (Getty Images)‘It may not happen this year, it may happen this year, we don’t know. We have not discussed anything for now.’AdvertisementAdvertisementJoorabchian also denied reports which claim that Barcelona are demanding a £10m loan fee for Coutinho, and are also asking clubs to fully cover the 27-year-old’s £250,000-a-week salary.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘I have never heard those figures,’ he said.‘None of these numbers have ever been discussed.’Follow Metro Sport across our social channels, on Facebook, Twitter and Instagram. For more stories like this, check our sport page. Metro Sport ReporterMonday 1 Jun 2020 12:22 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link5.6kShares Advertisement Comment Advertisement Philippe Coutinho could be returning to the Premier League this summer (Getty Images)Philippe Coutinho is keen to return to the Premier League with Barcelona offering the midfielder to Arsenal, Chelsea, Manchester United and Tottenham.The Brazil international has been on loan at Bayern Munich for the season but the German club will not be making his move permanent in the next transfer window.Barcelona are open to offloading their £140 million signing from Liverpool this summer and have reportedly offered the player to several clubs across Europe.And Kia Joorabchian admits Coutinho is open to returning to England’s top flight.ADVERTISEMENT‘He has a desire to come back to the Premier League at some point,’ Joorabchian told Sky Sports.
Share Share Share HealthLifestyle Parents ‘want child gene tests’ by: – April 18, 2011 Sharing is caring! 17 Views no discussions Genetic tests look for increased risk of diseaseParents believe the benefits of testing their children for the genetic risk of some diseases outweigh the negative consequences, according to US scientists.In the study, published in the journal Pediatrics, parents who were offered a genetic test supported their children also being tested.The authors say doctors and politicians need to be more aware of the issue.Genewatch UK said children should never be tested for adult conditions.Genetic testing used to be confined to specialist clinics, but direct-to-consumer testing is now possible.People send a sample to a company in the post and are told if they have any genes which carry an increased risk of illness.Genetic testIn this study, 219 parents were tested for 15 genetic variants linked to heart disease, osteoporosis, high blood pressure, high cholesterol, type 2 diabetes and colon, skin and lung cancer.They were then asked a series of questions to compare benefits such as reassurance, knowledge and prevention, with risks such as invasion of privacy and psychological discomfort.The report found that “parents offered the genetic susceptibility test for common preventable conditions tended to consider that the potential benefits of this test for their own child could outweigh its risks”.Professor Kenneth Tercyak, from the Georgetown Lombardi Comprehensive Cancer Center, said: “These tests usually don’t offer a clean bill of health and can be hard to interpret even in the best scenario.”Helen Wallace, from genetic science lobby group Genewatch UK, said: “Online gene tests frequently give misleading results because most common conditions such as cancer, obesity or diabetes are not predicable from a person’s genes, except in special circumstances.“Children should not be tested for risk of adult-onset conditions, full stop. They should be allowed to decide for themselves, with medical advice, when they are grown up.”Dr Vivienne Nathanson, director of BMA Professional Activities, said: “We would have concerns about genetic testing being widely available over the internet or off the shelf because parents could find out results without a health professional to help intepret them. They may also find out about genetic abnormalities for which there are no cures, or be caused needless worry.“It is important that parents who find out that their children have a genetic disposition to a particular illness, have counselling in advance so they understand the consequences of the test for their child, other children and themselves.”Prof Tercyak said: “The findings of our study should remind clinicians and policy-makers to consider children when regulating genetic tests.”BBC News Tweet