Over the last two decades the Singaporean government has spent billions attracting investment and talent to create groupings of logistics companies, banks, hotel groups, respected academic institutions and technology brands. By the late 1990s it had established itself as a rival South East Asian commerce centre to Hong Kong. It…
Territories
Market Survey: Emerging Markets – A new world order for av
Two years ago, the North American and European av markets were responsible for 70 per cent of the world av turnover. In alarming contrast and if current economic projections are even remotely accurate, their share of av turnover could be down to 60 per cent by 2015. The prediction is…
All systems go in the Gulf
Sony's broadcast and professional division makes $1.7bn annually, and, around this time last year, it went public with its desire to double that figure by 2011 (AV, July 2008). Given the worldwide slump, that's an optimistic aim, but the pressure is still on to maintain a record of five years…