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South Korea aims to become the third biggest exporter of atomic energy technology, and to achieve this goal, it aims to export 80 nuclear reactors by 2030. According to the Korean government, South Korea aspires to export 80 nuclear reactors (valuing $400 Billion) by 2030 in order to become the world’s third largest atomic energy technology exporter, as per the news published by The Korea Herald . This announcement was made just after   ... Read more
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Middle East Gold Industry Glitters
27 Jan, 2010
Increasing trend of investing in gold is expected to lead to higher demand for the yellow metal in the Middle East this year. According to Anan Fakhreddin, managing director of the World Gold Council, Middle East and Turkey, Middle East is likely to witness better gold sales in 2010 than 2009, ...Read more

Global Retailers IT Spending Expects to Rise 3.1% in 2010
18 Jan, 2010
The IT spending of food stores worldwide will increase 3.1% to $15.6 Billion in 2010 on account of implementing innovative ways and fulfilling consumer requirement. According to IDC Global Retail Insights, the IT spending of food stores worldwide is expected to increase by 3.1% to $15.6 Billion ...Read more

Top Indian Retailers Plan to Invest Rs 600 Crore This Year
11 Jan, 2010
The largest Indian retailers, Shoppers Stop, Future Group and Spencer’s Retail, have planned to invest at least Rs 600 Crore this year to expand their business operations and enhance gains. The largest Indian retailers – Shoppers Stop, Future Group and Spencer’s Retail – ...Read more

China’s Platinum Jewellery Market to End 2009 on a High Note
15 Dec, 2009
Year 2009 being considered as an auspicious year for marriages in China has seen increased consumption of platinum jewellery. According to Johnson Matthey, the precious metals refiner, demand in platinum jewellery market of China will double to record high in 2009, reaching 1.75 Million Ounces, ...Read more

UAE - Most Preferred Retail Market in MENA
09 Dec, 2009
UAE’s tourism sector is expected to play a major role in the retail growth in 2010, with major events like Formula One and FIFA World Cup Tournament fast approaching. According to a latest research by a leading real estate consultancy, it has been found that more than 80% retail ...Read more

Vietnam’s Apparel and Textile Industry Holds Promising Future
02 Dec, 2009
Backed by Vietnamese government’s support, through ambitious plans and sound incentives, the textile and garment industry is projected to grow at a fast pace in coming future. Vietnam’s apparel and textile industry has overpowered the country’s crude oil market, which was ...Read more

Rising Online Sales in China to Drive Luxury Goods Sector
01 Dec, 2009
Luxury items sales are expected to rise next year on the back of growing demand in China and picking of online shopping. Bain & Company, a leading consulting firm, has said that the sales of luxury items will rise next year (2010) after a gap of three years (since 2007) due to the soaring ...Read more

China Retail Sales to Post 16% Growth in 2010
19 Nov, 2009
Backed by factors like increasing exports and consumers’ spending as well as support from private sector, retail sales in China are projected to grow by 16% in 2010. According to Wang Bin, an official in the market operation department of the Ministry of Commerce, retail sales in China are ...Read more

Indian Textile & Apparel Industry to Hit 9% Growth
18 Nov, 2009
The textile and apparel market in India, with an expected 9% growth in coming years, has set its eyes on foreign direct investments, says Technopak Advisors. According to Technopak Advisors, one of the leading management consulting firms of India, the country’s domestic textile & ...Read more

China’s Domestic Cosmetic Market to Expand by 2012
17 Nov, 2009
China’s domestic cosmetic industry is likely to revive and expand as more and more players are likely to enter the country’s cosmetic market. As per the news published by Alibaba , the domestic cosmetic industry in China is expected to reappear, after being foreign brands’ ...Read more

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