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GfK Asia reports that volumes in the region's retail PC market, including portable personal computers and desktops, expanded by 15% in 2008 when compared to previous year's retail sales figures. The total value of the consumer retail PC market for 2008 in Asia was approximately USD 17 billion which represents a 10% increase in consumer spend over 2007 figures.
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GfK Asia releases its 2008 Year End Pan Asian Consumer Electronics Data Summary, which shows overall growth in terms of value and volume despite degrading global economic conditions.
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Fitch Ratings has said, in its "Asia-Pacific Oil & Gas: Credit Outlook 2009" report, that the overall credit outlook for the sector is broadly stable, although the outlook for some refiners is negative.
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In January, Producer Price Index (PPI) for manufactured goods was down 3.3 percent year-on-year; purchasing prices for raw material, fuels and power fell 5.3 percent.
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The Conference Board Leading Economic Index for Korea declined 1.5 percent and The Conference Board Coincident Economic Index declined 1.3 percent in December.
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Consumer price index (CPI) growth in January of 2009 was 1.0 percent over the same period of the previous year. Of which, urban area and rural area up by 0.7 and 1.5 percent respectively; the price of foodstuff, consumable expanded 4.2, 1.5 percent while price for non-foodstuff, services down by 0.6 and 0.8 percent respectively. CPI got an increase of 0.9 percent comparing with December, 2008: the price of foodstuff increased 3.3 percent, of which, fresh vegetable surged 22.4 percent and fresh egg up by 0.8 percent.
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2008 has been a challenging year for the Aerospace Manufacturing industry with its record breaking oil price hike in decades, which has seen amplified logistics costs due to the globalized nature of manufacturing supply chain. This has resulted in many business experts disagreeing with the idea of expanding a company network of suppliers to other low costs countries because in the end they will still have to pay extra on the logistic costs.
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Ecological, energy, and economic concerns urge China to push the bio-fuel industry forward. The Chinese bio-fuel industry is divided into two sub-segments, the bio-ethanol sector and the bio-diesel sector. In terms of market size, China has the third largest bio-fuel market around the globe, only after the U.S. and Brazil. China was estimated to produce more than 360 kt of bio-diesel and 1,620 kt of bio-ethanol in 2008. During the past eight years, China has primarily established a legal and administrative system for bio-fuel, especially for the bio-ethanol industry.
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Emerging East Asia's local currency bond markets are expected to expand this year with several governments likely to sell debt to pump-prime their economies. Companies are also expected to turn to local markets to refinance or raise fresh funds, says the latest issue of the Asian Development Bank’s Asia Bond Monitor (ABM).
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The growth of air traffic in India has increased aircraft movement per airport, which in turn, has necessitated an expansion of the capacity of airports or development of new airports. Airport development primarily involves the improvement of the land as well as air areas and the terminal building. This offers great opportunities for companies involved in such development activities.
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