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Dear ?NAME?,      Offshore Services & Equipment   Offshore exploration continues to breach new frontiers, driven by new finds,  technology and surging energy demand in China and other growth economies.  Opportunities abound for equipment and services vendors able to meet the sector's  exacting demands. Find out where the opportunities lie.  In the news this week  l 11-Jan-08 China shows strong potential for pharma outsourcing

Most global pharma companies have been trimming back or closing manufacturing capacity. Merck has cut 20% of its manufacturing sites, while Pfizer has divested at least 29 sites. Under increasing cost pressure, Pfizer, AstraZeneca and Merck are turning to China with a view to cut cost through the outsourcing of drug development and production. AstraZeneca plans to outsource part of its production to China to save time and money. Meanwhile, Shanghai-based drug-research-outsourcing company Wuxi PharmaTech (Cayman) is buying US medical research firm AppTec Laboratory services to capture an even larger share of the growing global market for outsourcing of drug development. Chinese pharma research outsourcing firms such as Wuxi could eventually become significant rivals to US contract research organisations, which include Covance and Quintiles Transnational Corporation. Click here to view this week's articles for all industries.    What you don't know can hurt you  Receive all the key news on your markets, industry and competitors each  week, with alerts for important breaking news, and avoid information  overload with human filtering. Find out more about our Market Monitoring   Service and web-based Intelligence Plaza system by emailing   marketing@fusionc.com.

Chemical India - India wants Exxon, Chevron to bid for oil, gas deals Japan - Japanese Hodogaya Chemical, UPL to set up JV Malaysia - Tape maker Visko to build US$9 million plant

Consumer & retail China - Toy exports rocket despite recalls India - Food processing industry looks bright Japan - Edion courts Best Denki for partnership

Financial services Indonesia - UOB plans holding firm for Jakarta banks Korea - Credit card spending hits record high in 2007 Vietnam - Hike in foreign ownership cap in bank proposed

Industrial & logistics Japan - Vehicle sales fall to lowest in 2007 Korea - Hyundai eyes air cargo business Vietnam - Automobile sales nearly doubled in 2007

Information & communication technology   Hong Kong - Pacific Internet, Asia Netcom merge Korea - IT exports grow over 10% in 2007 Singapore - Motorola to buy Asian online music firm Soundbuzz

Life science China - WuXi acquires US biopharma company China - Pharmaceutical exports from China Up 19.3% India - Alembic seeks acquisitions to push growth

Media & leisure China - China clamps down on Internet video China - Online travel service industry to grow over 40% a year India - India telecoms to pay 6-10% of revenue for IPTV

Previous issues

Malaysia's Islamic hub taking shape [4-Jan-08] Epoxy producers in Japan strengthen setup to meet surging demand [14-Dec-07] Foreign firms buy into Taiwan's banking sector [7-Dec-07] Eyes on booming Asian luxury goods market [30-Nov-07] Korean petrochemical industry remains bullish [23-Nov-07] Korea braces for integration of its financial markets [16-Nov-07]

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