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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,
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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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Asia - DHL starts to
increase Asian network capacity Source:
BusinessWorld, 11 February 2008
DHL has increased its Asia Air Network cargo capacity in
Manila and Hong Kong by utilising a new dedicated freight aircraft
to address the growing volume of imports and exports to and from the
Philippines. Flight frequency also increased from four to five times
a week. These adjustments have increased DHL's total payload
capacity by 58%, creating a total payload capacity of 240 tons.
According to
the Economist Intelligence Unit, exports from the Philippines to
China grew by an average of 43.8% between 2000 and 2005, while
imports from China to the Philippines grew by an average of 30.5%
during the same period.
Japan - Japan Post, Lawson
form wide-ranging business tieup Source: Kyodo
News, 13 February 2008
Japan Post Holdings and convenience store chain Lawson
will ally to build a new business model for providing goods and
services at post offices. Japan Post plans to open convenience
stores in rural post offices to improve customer convenience and
enhance the post office network, while Lawson expects to expand
sales channels under the alliance.
Lawson stores will open at post offices in
regions where the chain has so far failed to set up outlets. Japan
Post and Lawson will open both post offices and convenience stores
on unused properties. Japan Post and Lawson will develop around 800
joint stores throughout Japan in three years.
Singapore - Port of
Singapore picks up 49% in ABG terminal Source:
The Economic Times, 7 February 2008
The Port of Singapore Authority (PSA) has
acquired a 49% stake in ABG Infralogistics' subsidiary, ABG Kolkata
Container Terminal. It is also looking to acquire a stake in another
wholly-owned subsidiary of ABG, ABG Kandla Container Terminal. PSA
already holds 12% equity in ABG Infralogistics.
The funds will
be used for ABG's expansion projects. The company's proposed capital
expansion plans include Rs3 billion investment in its crane
manufacturing capacity, and up to Rs20 billion (US$505 million)
investment in the port sector. It now operates the Kolkata Container
Terminal under the own-operate-maintain (OOM) route since April
2005.
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industry.
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