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SABMiller bets on China in Asia

SABMiller bets on China in Asia SABMiller Plc. (SAB.L: Quote, Profile, Research) expects its beer sales in China to grow by double-digit percentages in coming years, as it clamps the brakes on a recent acquisition spree to focus on its existing business. London-based SABMiller -- purveyors of Miller Lite, Peroni and Castle -- operates in China via a 49 percent owned venture called China Resources Snow Breweries Ltd., which runs 41 breweries across the country. "Our expectations of the Chinese beer market is it will continue to grow between 5 and 8 percent per annum over five to 10 years. We would expect

UPS sees strong growth in Asia-Pac

UPS sees strong growth in Asia-Pac United Parcel Service Singapore Pte Ltd (UPS) expects double-digit growth in volume in Asia-Pacific this year against 16% last year, said managing director Mary Yeo. We are confident of achieving the projected number, as we have a strong customer base in the region and we offer a wide range of supply chain solutions, she said after a briefing on the second annual UPS Asia Business Monitor (UPS ABM II) yesterday. UPS ABM II surveyed 1,203 small- and medium-scale enterprise (SME) leaders in Asia on competitiveness issues between Nov 14, 2005 and Jan 10.

KBC-II halts Star Asia revenue growth

KBC-II halts Star Asia revenue growth The abrupt ending of Kaun Banega Crorepati (KBC-II) due to anchor Amitabh Bachchans ill-health late last year has affected revenue growth of STAR TV Asia by 6-10%, reveals the latest report from Hong Kong-based research company Media Partners Asia. While STAR network Asia was cruising at 20-30% revenue growth in first and second quarters of 2005-06 largely thanks to the the healthy advertising growth in STAR India, for the quarter ended March, 2006, the company registered only 14% revenue growth to $123 million. In Asia, STAR Groups operating income grew 28% year-on-year to reach

Report: Gaming revenue in Asia to increase

Report: Gaming revenue in Asia to increase Gross revenue from legal casino gambling in Asia will be an estimated $13 billion in 2006, a 20 percent increase over last year, according to a research report. The report by Globalysis, a Las Vegas-based firm that tracks Asia's casino gaming markets, said the estimate had a margin of error of 10 percent. It attributed the increase largely to new tourist facilities in Macau and "associated increased activity" at the Chinese enclave's renowned gaming centers. It said the biggest jump in revenue -- an estimated $4 billion -- would come in the fourth quarter of 2006,

VoIP In Asia To Nearly Double By 2009

VoIP In Asia To Nearly Double By 2009 VoIP in Asia is expected to grow from $5.5 billion in 2004 to more than $10 billion by 2009, according to an In-Stat report released Tuesday. VoIP in Asia is expected to grow from $5.5 billion in 2004 to more than $10 billion by 2009, according to an In-Stat report released Tuesday. Revenue for 85.4 percent of VoIP traffic came from traditional public switched telephone networks in 2004, the high tech market research firm said. In-Stat added that most of the calls were initiated from PSTN terminals or full IP local loops that carry