Tag: Arla Foods Kuala Lumpur

Danes see Malaysia gateway to thriving Asean consumer market

The 640-million strong ASEAN population has gained prominence in recent years as a promising consumer market, with a thriving young middle-class (median age of 29) becoming more urban. Nielsen has projected that the Asean middle class – people with disposable income of US$16-US$100 per day – is projected to reach 400 million by 2020. And…