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Pernod thanks Asia!

Pernod Ricard is a French company that produces Alcoholic Beverages. Over the years, the chunk of their sales have come from their own European regions but now the tide is changing and they have Asia to thank for the bulk of their profits this time round. Pierre Pringuet, chief executive, said there was no sign of a slowdown in Asia, which has also become the group's largest profits generator, leapfrogging Europe and the Americas.For those not familiar, this is the company that owns Absolut vodka, Chivas Regal whisky and Martell Cognac. The region the company has to thank the most is China, where the love for Whiskey and other spirits has shot up recently. China's taste for cognac and whisky drove like-for-like sales growth of 14 per cent in Asia, easily outpacing the Americas, Europe and France.

The pull factor is there in Asia now, people around the region, not just in China, India but also in South East Asian nations are spending cash on luxurious items. Many years ago, alcohol in these regions would be considered luxury but right now it has almost become a necessity. Every restaurant, bar or household has some form of alcohol in there and companies stand to benefit a lot. With this increased popularity, people will be going online more to check different mixes and different kinds of drinks to make with different kinds of alcohol.

Source: http://www.ft.com

Image: Darwin Bell


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According to Boston Consulting Group, the 5 main markets which will have the most number of internet users in years to come will be in China, India, Indonesia, Russia and Brazil. Indonesia first was not on this list but it has become an important market for the digital revolution now. These 5 countries will have together 1.2bn internet users by the year 2015. And this figure is low, when one considers the internet penetration as a percentage of the population in these countries will still be less than 50 per cent. Twenty percent of China's population owns a personal computer, compared with 32 percent in Brazil and Russia and 90 percent in the U.S. and Japan, Boston Consulting said. In India, only 7 percent of the population was using the Internet at the end of 2009, the lowest of the five countries in the report. There are many opportunities for E-Commerce and online targeting now in Asia but the group encouraged people to act right now!

It is not just for now but the future for many years to come, the bulk of people online are going to be in the Asia Pacific region. The 3 main markets of China, India and Indonesia will be the 3 main players along with Russia and Brazil. With more people online, it is like the size of market increases, so people wanting to sell items online, spread message, sell a service or just outreach, going online is the best and most cost-effective way. This report from the group confirms what keepclicking.asia has been mentioning for many months, Future is Asian, act now!

Source: http://blogs.ft.com

Image: LuMaxArt
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Get your Visa for Taiwan online!

How hard is it getting a Visa for another country, you usually have to get many files and documents in order, make your way to the embassy and submit all and then you have to make another visit there to pick up your passport, before it is finally done. Now the government of Taiwan is taking all of this online. Residents of Hong Kong are able to get their visa for Taiwan online and for no cost and they can print their visa from home. From today, applicants can print their own visa from the website. On arrival in Taiwan, they present the visa with their passport at immigration and officers stamp the visa, but not the passport. The visa fee is waived. The visas are also available to Macau citizens. It will help out a lot and will probably result in more tourists from Hong Kong heading down to Taiwan too for a vacation with friends or family.

The internet usage has gone and help millions of people worldwide. People have been busy setting up E-Commerce sites so people can buy and sell things easier. You are able to book air tickets and hotels and makes people lives easier and this is another example of good usage online and help people. The range of activities and businesses online show the great scope of business there. You could be a small company but with the help on the virtual world, you can expand and slowly move your business to other countries at a low cost.

Source: http://www.scmp.com

Image: lemuelinchrist
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The internet has shown its true power yet again. This time it is making the printed version of the world famous oxford dictionary becoming less and less valuable. Oxford University Press, the publisher, said Sunday that burgeoning demand for the dictionary's online version has far outpaced demand for the printed versions. People are now going online and reading the dictionary and finding meaning to the words they do now know. It has added advantages, after people search the meaning of words, they can simply go to another window and look for pictures about that to get a better picture of what it is. Also, it can be updated almost daily. When you get the print version, there might be some words which are not there yet but the online version allows for instant updates and new words can be added in almost daily. The online Oxford English Dictionary now gets 2 million hits a month from subscribers. The current printed edition -- a hefty 20-volume, 750 pound ($1,165) set published in 1989 -- has sold about 30,000 sets in total.

With the advancement of technology, with new devices like the IPad coming out, more of these books are expected to use the online avenue to reach out to its people. There are so many advantages and the only disadvantage I can think of is people miss the feel of holding a book and flicking through the pages. It is all about getting use to the new technology. It allows for so much flexibility, pictures, videos, instant translations can be added to texts. Online reference books are definitely going to take off now.

Source: http://www.businessweek.com/

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Ford eyes Asian expansion!

Ford has never had a strong presence in Asia but it is making up for lost time. There are plans in place to have 8 new models of the Ford car ready in the Indian market by the middle of the decade. Ford also recently invested US$500 million on a new engine plant in the region too. The Indian market is growing about 17% a year, as consumers move from two-wheeled scooters and motorcycles into inexpensive small cars. The move into India is not just for the Indian market but for the whole Asian region. Ford will hope for more of the same success of its recent Figo model which was sold 30,000 units in just 25 weeks. Yes they will be doing much of the same in India to attend to the mass population but there are also plans in place to attend to the luxury car market in India and the Asian region. Joe Hinrichs, president of Ford's Asia Pacific and Africa regions said, "China and India are the two most important markets for Ford vehicles globally and we are set to increase our commitment and stake in India,"

Ford is banking on Asia, they expect 70% of the growth in the coming 10 years to come from this region and Africa. The mass population is in this region and as more of them become financially able, having a car becomes a necessity. Unlike the West, where cars are bought for more practical reasons, here in Asia, people usually buy it to show they have reached a certain status in life, when one friend has one, the other would be more motivated to get one. Expect great things from the car industry in the Asia Pacific region.

Source: http://www.2point6billion.com

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