Edward Eng

Business Development Manager

November 20, 2012

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Financial Dynamics Structurally Changing in Asia

Asia's balance of payments has undergone a structural shift over the past five years, with lower current-account surpluses.

“We have seen a shift in investment behavior in Asia where trade and investment flows were predominantly going from Asia to the West: The ‘traditional’ model was for Asian countries, led by Japan and followed by China, to export goods to the West. These Asian countries would accumulate reserve surpluses and invest their cash surplus back to the West by buying US Treasuries and, to a lesser extent, European assets,” said Gilles Plante, Asia-Pacific chief executive officer for ANZ.

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Edward Eng

Business Development Manager

November 6, 2012

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Smart Shoppers in China

Shoppers are becoming smarter and more sophisticated.

Shops selling, renting, and repairing second-hand luxury goods are springing up across China. High-end consignment shops from Japan and Hong Kong that buy and sell second-hand goods are more common now too.

Milan Court was one of the first pre-owned luxury stores in Shanghai when it opened eight years ago. But its owner Liu Lian says she only recently started putting her logo on the store’s shopping bags because consumers used to be ashamed about being caught buying used goods.

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Edward Eng

Business Development Manager

October 10, 2012

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Thailand’s Hot

The healthy growth of Asian economies including Thailand's has attracted the interest of international investors.

The developing economies of East Asia will grow less rapidly this year than previously expected, says the World Bank. But domestic demand and economic stimulus measures will allow growth to accelerate again next year. The euro zone crisis and a looming “fiscal cliff” in the United States continue to pose “considerable risks” to the global outlook, but in East Asia and the Pacific — a region that includes countries such as China, Thailand, and Indonesia but not Japan and India — robust domestic demand is helping growth remain well above that in other parts of the world.

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Chris Hubbard

@chriswhubbard Market Strategy

September 26, 2012

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Infographic – Why You Should Be Using GIS for Retail

Using GIS to make smarter more accurate business decisions.

Geographic information systems are designed to capture, store, manipulate, analyze, manage, and present all types of geographical data. Historically, GIS has been used primarily for farming and agriculture needs. But with today’s vast amounts of available business data, retailers have also begun leveraging GIS to make smarter more accurate business decisions.

Studies have shown that 70% of all retail data contains a geospatial component. In this month’s Visual Trends infographic, we take a look at what GIS is, why retailers are choosing to adopt it, and how they are using it to gain a competitive edge.

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Edward Eng

Business Development Manager

August 14, 2012

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Building Your Brand in Asia

How do you build your brand and connect with sophisticated consumers in Asia?

It isn’t clear whether some U.S. lines will be well-received in China, where consumers favor luxury European brands and logos. The late entrance of U.S. retailers into China means they have to try harder to build brand recognition and loyalty. “It is easy for a Chinese consumer to understand Gucci, ‘It is expensive, so it must be good, and you must be someone if you have it.’ How does a Chinese consumer understand the history and lifestyle that [a U.S. brand] represents?” said Franklin Yao, chief executive of consultants SmithStreet Solutions.

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