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17th APRCE 2015, Manila

Asia Fast Forward

The 17th APRCE 2015 adopted the theme "ASIA FAST FORWARD" to highlight the region's growing strength as an economic community. Everything is converging in Asia as the fastest growing economic region in the world. The pace and scale of change in our part of the world have been staggering and the global business community is looking at Asia more than ever, for investment opportunities and future business expansion.

According to the United Nations, the Asia Pacific region accounts for 60% of the world's population with an estimated 4 billion people, making it a top destination for global retail chains. Asia continues to serve as the main driver of retail growth in the world as countries' economies develop and grow robustly. According to Price Waterhouse Coopers, retail sales volume in Asia Pacific was forecasted to grow 6% in 2013 and will maintain this upward momentum until 2016 with an estimated market worth of US$11.8 Trillion. Furthermore, in the Nielsen Global Consumer Survey, Asia Pacific leads in global consumer confidence in the last quarter of 2013. It is the only region in the world that has gained in consumer confidence, increasing four points from the same period from the year before. With a growing critical mass population in the Asia Pacific, it is no doubt that the region warrants long-term investments and tailored market strategies.

There is no better time to be in Asia than NOW!

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