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Q&A

What are the future e-commerce trends for the Asia-Pacific?

What are the future e-commerce trends for the Asia-Pacific?

Global B2C e-commerce sales will grow by more than 20 percent this year to reach US$1.5 trillion, and surpass US$2.3 trillion by 2017. This projected growth will be driven by five of the largest online retail markets in the Asia-Pacific region &ndash...

Q&A

What country in the Asia-Pacific is estimated to have the fastest growing intern...

What country in the Asia-Pacific is estimated to have the fastest growing intern...

The Philippines is estimated to have the fastest growing internet population in the world, with recent statistics estimating 530% growth over the past five years. Close behind the Philippines in global rankings are Indonesia with 430% growth, India i...

Q&A

What is Singapore?s e-commerce potential?

What is Singapore?s e-commerce potential?

Singapore’s online shopping market has undergone significant growth in the past four years, from US$881 million in 2010 to a forecasted US$3.5 billion in 2015. An estimated 40% of total sales come from domestic websites. Singapore is also home ...

Q&A

What is Indonesia?s e-commerce potential? What are the challenges?

What is Indonesia?s e-commerce potential? What are the challenges?

E-commerce is on the rise in Indonesia. Annual online sales are forecasted to grow from US$1 billion- $3billion in 2014 and reach US$10 billion by the end of 2015. Initial growth was focused in Jakarta, but second and third –tier cities are beg...

Q&A

What is the Philippines? e-commerce potential?

What is the Philippines? e-commerce potential?

The Philippines stands out in comparison with other ASEAN countries because of its large number of internet users. With an estimated 35 million users, it is the largest English-language online market in Southeast Asia. Due to this, foreign online ret...

Q&A

What are the projected e-commerce trends for Vietnam in 2015?

What are the projected e-commerce trends for Vietnam in 2015?

According to Vietnam's E-commerce and Information Technology Agency (VECITA), by 2015 the e-commerce sales in the country will amount to more than US$25 billion. Current sales are estimated at around US$2.2 billion (2014), with average spending of US...

Q&A

What is Vietnam?s E-commerce Administration Portal and how does it aid businesse...

What is Vietnam?s E-commerce Administration Portal and how does it aid businesse...

Companies and investors that wish to establish an e-commerce website in Vietnam must first notify the Ministry of Industry and Trade of their intent, and apply to be registered with the government. Vietnam has created the E-commerce Administration Po...

Q&A

What requirements must be met to obtain a Production License in China?

What requirements must be met to obtain a Production License in China?

To obtain a Production License, an enterprise must: • Possess a business license, as well as technical personnel and production conditions suited to the product in question; • Have in place an effective system of inspection, qualit...

Q&A

When does a company need to apply for their special license in China?

When does a company need to apply for their special license in China?

Application for special licenses usually takes place after the name pre-approval step but before a company establishment application is submitted to the Ministry of Commerce (MOFCOM). MOFCOM will check that the applicant has obtained the relevant lic...

Q&A

Which enterprises need to obtain a Production License in China?

Which enterprises need to obtain a Production License in China?

Enterprises must obtain a product license for the manufacture, sale or commercial use of certain industrial products in China. According to the administrative regulations on production licensing of industrial products promulgated by China’s Sta...

Q&A

How have wages for Chinese people developed in China and what does the future lo...

How have wages for Chinese people developed in China and what does the future lo...

In recent years, the Chinese government has been pushing for pay increases to retain public support and boost domestic consumption. Wages have also risen as millions of Chinese move from the countryside into the cities, and as employers struggle to f...

Q&A

Where do tier-two and three consumers spend their money in China?

Where do tier-two and three consumers spend their money in China?

According to Nielsen, a leading global provider of information and insights into human behavior, the top four areas where tier-two and three consumers are spending their spare cash are: new clothing, dining out, education funds and into saving deposi...

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