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Shining outlook for consumer products in Middle East and Africa

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 Insights

13-Sep-18 Industry players in the consumer products sector in the Middle East and Africa are showing signs of optimism about market prospects. In the next three years, they expect to increase sourcing in Asia, particularly in Southeast Asia, China and India. [image: HKTDC Survey]

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Warehouse operator GLP launches USD2 bn China logistics fund

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 Insights

11-Sep-18 GLP, Asia’s largest warehouse operator, has launched a USD2 bn China fund in partnership with Singapore sovereign wealth fund GIC, as it continues to tap into the growing demand for warehousing fuelled by a boom in e-commerce. [image: South China Morning Post]

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Lippo tycoon makes mark in Indonesian e-payments

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 Insights

07-Sep-18 Ovo payments, Lippo's e-money solution, can be used at 200 malls and 5,000 restaurants in Indonesia. The operator says it is the no.1 player in an Indonesian e-payments market that grew 434% in the first half of 2018. [image: Jun Suzuki]

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E-commerce enhances Chinese business ties with Africa

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 Insights

05-Sep-18 African households are quickly becoming a major market for Chinese e-commerce merchants looking to sell everything from mobile phone to toothbrushes, with market projections estimating a USD29 bn value by 2022 as mobile phones are gaining popularity. [image: Niu Jing / China Daily]

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