Reduced calling rates, handset prices and the expansion of the network infrastructure in India and Indonesia are driving growth in the Asia-Pacific mobile market, according to Frost & Sullivan.
The food emulsifier market in China is witnessing sizeable growth through the increase in production of processed foods and new product development in all segments, including dairy, bakery, confectionery, meat products, and oils.
During the recent 10 years, the average annual growth rate of China's domestic consumption in paper & paperboard has exceeded that of GDP and China presently has become the second largest country in respect of paper consumption as well as paper production.
CCID Consulting recently commented on China's mobile phone sales channels, indicating that they are expected to enter a new era of "national general agents".
The Conference Board reports today that the leading index for Japan decreased 0.1 percent, while the coincident index increased 0.5 percent in February.
To fulfil China's WTO commitments, the Ministry of Commerce has recently released Management of Refined Oil Product Market and the Management of Crude Oil Market, which will take effect on and after January 1st 2007. The wholesale operation rights of crude oil and refined oil products have been opened up to the outside.
Economic growth in Southeast Asia is projected to slow a little to 5.6% in 2007, due mainly to a softening in some major export markets, according to the 2007 edition of ADB's flagship annual economic publication, Asian Development Outlook (ADO).
South Asia’s economic growth is expected to moderate to 7.7% in 2007 and rise slightly to 8% in 2008. Tight monetary policy measures taken by several countries in the region in 2006 are expected to dampen consumption while investment and growth in developed countries ease, according to a major ADB report.
