Head of Mekong Sub-region and Indonesia, Mr. Colin Kinghorn together with Senior Consulting Manager, Ms. Sanpichit Songpaisan joined a TV program called "Hours of Making Money" on Thai PBS Channel on 10th April 2013. Giving their views on opportunities for Thai companies for the coming AEC in 2015.
CEO of Ipsos Business Consulting, Mr. Peter Snell gave his interview to Zela Chin, the Senior Reporter/Producer for business program, Money Magazine, which airs on TVB Pearl on Sunday 14th April at 7pm. Mr. Snell talked about market overview of pawnbroker industry and the increasing number of moneylenders in Hong Kong. Please follow the link to the program at programme.tvb.com/news/moneymagazine
Regional business leaders optimistic about growth in 2013
Results from an Ipsos Business Consulting survey of 349 senior executives in large and multinational corporations in Asia.
In a survey conducted by Ipsos Business Consulting in February 2013, 73% of respondents indicated that they were 'very optimistic' or 'quite optimistic' about the economy for 2013, with over 83% confirming their intentions to make investments in their business. Sales and Marketing and New Market Development (China, India and Indonesia in particular) were at the tops of the lists for further investment. 90 82% of regional respondents expected their revenues to grow over the next 12 months. Top concerns were about the global economy, staffing and competition.
349 respondents from a broad range of industries from Australia, India, Indonesia, Japan, Korea, Malaysia, Singapore, Thailand and The Philippines gave their input to the survey. 62% of the respondents were director level or higher, with 37% occupying chief executive and vice president offices in their organizations. Approximately 80% of respondents were representatives of multinational organizations. Peter Snell, CEO of Ipsos Business Consulting commented: "We were pleased to note the optimistic tone throughout the survey and noted the respondents strong inclinations to seek opportunities in the fast growing markets in the region. China, India and Indonesia were indicated as the priority markets. We have noted that businesses are also very careful to survey their customers on a regular basis to keep up to date with their market needs â€“ but we were interested to note that businesses didnâ€™t feel that their suppliers were quite so focussed on their needs". Snell continued: "We have certainly noticed an increase in the number of projects from clients looking to enter and expand in the fast growth countries in the region where information on the markets isn't always easy to find."
Zero-Sum or Win-Win?
Last year, Carrier announced its JV with China-based Midea. Carrier already has a name in the Indian market but brings only commercial ACs to the new JV, while Midea has a whole range of
consumer electronics products, including ACs. Will Carrier be able to hold its own at the retail end or will it be overwhelmed by the Midea range?