5 consumer stocks to count on in the new age of e-commerce

SINGAPORE (Dec 4): Phillip Capital is remaining “overweight” on Singapore’s consumer sector on expectations of a continued rebound in the city state’s economic conditions as well as improving consumer sentiment.

In a Monday report, analyst Soh Lin Sin refutes the idea that Amazon will grab all market share from existing players, due to the nature of local consumers and the advantages which local players continue to have over Amazon’s recently-launched Prime Now service.