Regional News

West Asia Region Projected to Collect $90 Billion by 2020

April 21, 2013
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A recent survey launched by the Airport Show reveals that the West Asia region has extremely high potential for growth and investment over the next five years. In fact, $90 billion is projected to go into the industry between 2013 and 2020. The survey, which was held just before the inaugural Global Airport Leaders’ Forum, shows that 64.4% of the respondents voted for the West Asia region. 16.7% voted for Asia Pacific, while Central Asia and African regions won...

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Asian Development Bank President Steps Down

March 18, 2013
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Asian Development Bank president Haruhiko Kuroda has stepped down from his position to serve as governor of the Bank of Japan. Having worked at ADB for eight years, Kuroda was the longest serving president at the bank. During a speech, Kuroda said he hopes that the ADB will continue to support Asian countries while taking advantage of growth opportunities and responding well to crises that may arise. “Much remains to be done in a region still faced with many...

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Zarsha Leo Popular in Hong Kong

February 18, 2013
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Zarsha Leo’s Hong Kong branch is especially successful thanks to its traditional American menu. It offers popular American dishes including hot dogs, burgers, onion rings and French fries, attracting both tourist and locals. “Our classic menu is a sort of novelty in the area,” explains Zarsha Leo CEO Evan Burschkopf. “We attract American tourists as well as Hong Kong residents with our All-American atmosphere, great music and live sports broadcasts.”

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Real Estate Sector Attracts Investors to Indonesia’s Capital

December 19, 2012
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China’s real estate market has been booming for quite some time, but new speculations are now pointing investors towards more southern regions. A real estate forecast by PriceWaterhouseCooper and Urban Land Institute has revealed that Indonesia’s capital, Jakarta, will be the top place to purchase property in 2013, with the market surpassing even Hong Kong, Singapore and Sydney. International investors have taken an interest in the region thanks to Indonesia’s remarkable economic turnaround over the past several years. The...

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Hong Kong Moves to Number 1 Spot in Index

November 13, 2012
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Hong Kong is, today, one of the top financial markets in the world. In 2011, they took the number one spot on the World Economic Forum’s 2011 index of financial market development. And they were the first Asian financial center ever to do so. The report looks at 60 of the world’s leading financial systems with over 100 variables evaluated. Hong Kong jumped from its previous fourth place status with concerns swirling about the financial stability in the United...

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QIC Talks Up Quantitative Investment in Asian Markets

February 9, 2012
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According to QIC, the institutional investment manager, “big gains” can be made with quantitative investment strategies in Asian emerging markets. “Emerging markets have been the focus of plenty of attention in the past few years; however, for a host of reasons investing in them has been a hit-and-miss affair,” explained QIC Quantitative Management managing director Michiel Swaak. “But more recently the situation has changed. Better, more consistent accounting standards mean the quality of data coming out of Asian markets...

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India Hopes to Grow Despite Europe’s Declining Economy

February 7, 2012
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An International Monetary Fund official stated that the continuing struggle of Europe’s economy is likely to impact other economies, such as India, just as it affected private investment. “I think it is also clear that in India, as in other economies, demand for exports would certainly be hit, and certainly for India, we’ve already seen effects on private investment,” said IMF Director of the Asia-Pacific Department Anoop Singh. “My sense so far is that the financial effects on Asia...

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India Hopes to Grow Despite Europe’s Declining Economy

February 7, 2012
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An International Monetary Fund official stated that the continuing struggle of Europe’s economy is likely to impact other economies, such as India, just as it affected private investment. “I think it is also clear that in India, as in other economies, demand for exports would certainly be hit, and certainly for India, we’ve already seen effects on private investment,” said IMF Director of the Asia-Pacific Department Anoop Singh. “My sense so far is that the financial effects on Asia...

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New Zealand Basks in Asian Investment

January 30, 2012
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Prime Minister John Key revealed yesterday that New Zealand is becoming a major investment hub for Asian businesses and financiers, and the nation’s currency is expecting a boost. Some of the targets include government debt securities as well as farms and natural resources. In fact, Shanghai Pengxin Group, a Chinese company, recently received permission to acquire sixteen dairy farms in New Zealand in one of the largest transactions ever sealed by the two countries. When interviewed by the Wall...

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EU Debt Crisis May Not Hinder Asian Businesses

January 23, 2012
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Asian businesses are feeling more secure thanks to lessons from the global financial slump and recovering U.S. banks. Analysts have admitted that while an all-out Eurozone crisis may affect demand for Asian products, exporters throughout the region are less likely to suffer as much as they did in 2008 when Lehman Brothers collapsed. “The importance of trade finance to the global economy is better understodd now than in 2008,” explained Mark Williams of Capital Economics. “One of the factors...

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