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 and media & leisure. If you have colleagues or friends who may be interested in subscribing, please forward this email to them and copy knowledge@fusionc.com


 
 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.

Industrial & logistics 


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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This Weekly News Update is a free newsletter, providing a round-up of the week's Asia-Pacific news from our core industry practices. If you have colleagues or friends who may be interested in subscribing, please forward this email to them and copy knowledge@fusionc.com.

Fusion Consulting is a business intelligence consultancy providing clear strategic advice on Asia-Pacific markets. With offices in Shanghai, Singapore and Hong Kong and 400 industry consultants in 16 countries, we conduct custom research and consulting to help companies understand their markets, compete more effectively and grow into new areas of opportunity. Email
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