Industries

Dec. 13 – Asia’s internet market is now home to two state-of-the-art data centers operated by Google, the company’s first such centers in the region. The data centers, located in Taiwan and Singapore, were opened this week as the industry giant seeks to capitalize upon the region’s growing base of internet users. In total, Google […]

  Dec. 5 – A report released last week by Moody’s Investor Service entitled Asian Credit is Stable, Despite Strengthening Headwinds projects that the overall credit quality of sovereigns, corporations and financial institutions in Asia Pacific will be stable over the next 12 months. According to the report, telecommunications companies, property developers, utility companies and refiners […]

Dec. 3 – A recent report by Forrester Research Inc. predicts that business-to-consumer online retail sales (e-commerce) in the Asia-Pacific region’s five largest markets will soon surpass sales in North America and Europe combined. Most notably, e-commerce in China and India is expected to grow rapidly between 2014 and 2018. Forrester Research, an independent technology […]

Nov. 1 – Wal-Mart announced plans this month to rebalance its portfolio of retail stores in Asia following poorer-than-expected results among its Indian locations. The retailer, which entered the Indian market through a joint venture with Bharti Enterprises, has decided to suspend its operations in the country due to restrictive government regulations, which required the […]

Sept. 23 – The Asia market represents a significant opportunity for clinical research organizations (CROs) – organizations that provide outsourced medical-related research on a contract basis – after about 30 percent of total Asia Pacific clinical expenditures having been outsourced to such organizations over the past year. Over the next five years, the CRO industry […]

According to a new report China ranks fourth globally for retail development. Meanwhile, India’s retail development ranking fell nine spots to fourteenth. A comparison of India and China’s retail sectors reveals some lessons for retailers in both markets.

Jul. 5 – According to a survey from the Associated Chambers of Commerce and Industry of India (ASSOCHAM), India’s pharmaceutical industry may be in trouble as many companies are deciding to relocate their research and development (R&D) operations further south towards the ASEAN region. 250 of the top officials and representatives from India’s pharmaceutical industry based out […]

May 6 – The world’s largest cruise ship operator, Carnival Corp, have just established operations in Singapore with the stated goal to promote Singapore as “the cruise hub for Asia, as Miami is for the Caribbean”. Carnival, who operate over 100 cruise ships around the world, will be based out of the Marina Bay Financial […]

May. 3 – Macau, the world’s largest gaming destination, saw its casino gambling revenues rise by 13.2 percent in April year-on-year thanks to strong demand from wealthy Chinese customers. Macau’s gambling revenues totaled 28.3 billion Patacas (US$3.65 billion) this April, which was in line with the forecasts of various analysts. However, April’s revenues were just […]

Apr. 22 – Partly spurred by the importance of China-ASEAN trade, last week Singaporean Transport Minister Lui Tuck Yew met his China counterpart, Yang Chuantang, to discuss cooperation on transport and other issues of mutual interest. China’s trade with ASEAN, of which Singapore is the financial and services hub, topped US$400 billion last year. Minister Yang […]