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The Weekly News Update is a weekly
roundup of business news from around the Asia-Pacific region,
covering Fusion Consulting's core industry practices: chemicals,
consumer & retail, financial services, industrial &
logistics, information & communication technology, life science
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China's water and wastewater treatment
sector Huge demand exists in China for
clean water with ample opportunities for investors,
water companies or water technology suppliers in the municipal
and industrial water supply and wastewater treatment
market. Market-oriented regulatory changes have
lowered pricing risk, and opened up the
sector. Find out what the needs,
solutions and opportunities are. |
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Hong Kong -
Barloworld buys Flynt Source: Creamer Media's
Engineering News, 7 April 2008
Supply chain management company Barloworld Logistics has
acquired Hong Kong based logistics company Flynt International for
US$13 million. Flynt International has been operation since 1980,
mostly based in Hong Kong. Other regional offices are located in
Beijing, Shanghai and Guangzhou, in
China.
With the
rationalisation and restructuring of industrial group Barloworld now
completed, priority is now being given to growth opportunities,
including acquisitions, particularly in the area of logistics.
Barloworld Logistics is now active in logistics and supply-chain
management in Southern Africa, with operations in Iberia, the UK,
the US and the UAE. In March 2008, Barloworld Logistics acquired the
Dubai-based logistics firm, the Swift group.
India - Auto industry sees
double-digit growth in FY 2007-08 Source:
Financial Express, 4 April 2008
The Indian automobile industry witnessed a
double-digit positive growth in absolute numbers during the
financial year 2007-08, thanks to companies foraying into newer
markets, several new launches and a gradual shift from dollar driven
countries to Euro nations.
Maruti Suzuki India posted 34.9% jump in exports during
this period at 53,024 units as compared to 39,295 units during the
same period in 2006-07. Hyundai Motor India also witnessed a growth
of 25.% to 144,442 units, against 115,525 units in the corresponding
period last year. Tata Motors' cumulative sales for exports went up
by 3% to 54,272 units compared to 52,796 units exported sold last
year.
Korea - Siemens solidifies
security in takeover Source: Korea Herald, 3
April 2008
Siemens Ltd., a Korean unit of Germany-based electronics
and engineering conglomerate Siemens AG, is buying Korean fire
safety company Shinhwa Electronics to expand its business in Korea.
Siemens will fully acquire both its units - Shinwha Electronics Ltd.
and SH Engineering Ltd.
With the deal, Siemens hopes to add fire detection and
fire protection solutions to the existing building automation, and
reinforce its position in the Korean market. Shinwha Electronics,
Korea's second-largest fire safety solution company, produces fire
alarm systems and gaseous fire suppression systems and provides fire
safety services.
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industry.
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Fusion Consulting is a
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