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Blackmores sees healthy growth in Asia

Blackmores sees healthy growth in Asia Vitamins and herbal medicine producer Blackmores Ltd says its future remains healthy, as it gears up to move into new and potentially lucrative Asian markets. Blackmores announced a first half net profit of $7.4 million, up 8.5 per cent on the previous corresponding period.Its sales increased 10.9 per cent to $72.6 million for the half year. The company said sales from its international businesses, including those in Thailand, Malaysia and Indonesia, were up 23 per cent on last year. Blackmores said it is also seeing improved performance in Singapore after recently changing its distributor there. More: news.ninemsn.com.au

Asia-Pacific BPO market likely to touch $14 b by 2010

Asia-Pacific BPO market likely to touch $14 b by 2010 Predicting a moderate growth and adoption of business process outsourcing (BPO) within the local Asia-Pacific market, global IT research firm IDC has said that the BPO market is estimated to display a compounded annual growth rate (CAGR) of about 18 per cent to touch about $14 billion by 2010. Even though Asia-Pacific excluding Japan (APEJ) is a main centre for BPO, majority of the contracts will still be derived outside of the region, mainly from the United States and Western Europe. Local adoption will be more opportunistic, Mr Conrad Chang,

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.

Zurich Financial CEO sees growth potential in Asia but faces environmental risks

Zurich Financial CEO sees growth potential in Asia but faces environmental risks Zurich Financial Group CEO James Schiro said there is substantial growth potential in Asia in life, motor and property insurances, with only 1 pct of natural disasters insured. This compares to a rate of around 40 pct in developed countries, he said. On the downside, growing environmental damage -- caused by the region's enormous growth -- is causing more natural disasters, he cautioned in an interview with Swiss SonntagsZeitung. Zurich's growth rate in past years has been smaller than previously as the group closed down a number of

O2 splits Asia market under two VP-sales

O2 splits Asia market under two VP-sales British communications major O2 has shuffled its management team in the Asian region by creating two new positions for vice-president sales. Chia Eng Keat, who was O2 Asia’s vice-president (sales and distribution) has een appointed vice-president (sales) North Asia & Middle East. In his new role, his mandate will be to oversee O2’s expansion in markets covering greater China, the Indian sub-continent and the Middle East. In India, O2 is engaged in the business of smart phones with its PDA mobiles. The company has also hired John Featherstone as vice-president (sales) for South-East Asia