INFLATION IN VIETNAM reached a high of 19.4% in March, putting strains on both business and the social fabric. Inflation is biting in India, which fears a slowdown, and Korea which sees the spectre of 1997, too. We look at 10 Asian risks to watch in 2008.
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Kua Hong Pak, CEO of Singapore’s ComfortDelGro
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Storming through into 2008 – In our special ASIA2008 issue, we ask: What price sub-prime? The answer. No-one really knows.
The US sub-prime crisis leads our assessment of the outlook for Asian economies in 2008, also likely to be impacted by falling commodity prices, higher oil prices and fluctuating (in many cases, rising) currencies. Charles Dallara, Managing Director of the Institute of International Finance (IIF), private-sector equivalent to the IMF, provides valuable insight, together with a number of other leading economists and forecasters.
We look at the US-China relationship, where the US stands on freer world trade, the challenges for Asia in infrastructure needs, trends in foreign exchange deregulation and securitisation, and the inflation outlook. Also at the impact on foreign business of ongoing tax reforms in Asia.
ASIA2008 assesses challenge and opportunity in India, China, Hong Kong, Vietnam, Korea, Japan, Taiwan, Singapore, Malaysia, the Philippines, Indonesia, Thailand, Pakistan and Bangladesh.
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June 4-5, 2008
Transfer Pricing China, Shanghai - Increasing globalisation of business in China and the growing sophistication of Chinese tax authorities has created a minefield for unwary multinationals – and Chinese companies alike. Keynote speakers from China’s International Finance and Tax Association, China Customs, PepsiCo, Swiss Re, Lexmark, SABIC Innovative Plastics, Transfer Pricing Associates, NERA Economic Consulting, KPMG China, TPMC/Baker & McKenzie, Ernst & Young and Hwuason Law Firm will illustrate complex issues, rules and planning opportunities, addressing best practices and latest developments, such as the China Customs valuation and audit policy and Advance Pricing Agreement (APA) strategy. http://www.availcorp.com/english/events_list.php?eventsid=139&backurl=index.php
August 14-16
Hong Kong International Wine Expo, Hong Kong Convention and Exhibition Centre. In the new Budget, Hong Kong has abolished import duties on wine in a bid to make Hong Kong a trade and distribution centre for quality wine in Asia. This inaugural event will feature leading wine producers, dealers and cellars from around the world in categories encompassing liquor and beverage products, wine production and logistics, and wine accessories. http://www.hkwineexpo.com/
June 23-27
Singapore International Water Week, Suntec Singapore International Convention and Exhibition Centre — More than 150 companies from 18 countries have booked all space at the Water Expo, with organisers increasing floor space by 30% to cope with demand. Water Expo will focus on innovations, products and services, as well as best practices, successful case studies and practical applications for water technologies. An H2O Biz Stage will highlight research projects already in commercialisation. World Cities Summit will run consecutively with Water Expo. http://www.siww.com.sg http://www.worldcities.com.sg
ASIA2008 Directory [ PDF - 256kb ]
2008 Professional Services Directory [ PDF
- 228kb ]
2007 Trade Services and Logistics Directory [ PDF - 258kb ]
2007 Education and Training Directory [ PDF - 63kb ]
2007 Banking Finance Directory [ PDF - 402kb ]