Localization Is Bound To Make An Impact In Business

Acting on the favorable exchange rates for the US dollar overseas, the continued outsourcing trends, and the on-going overall globalization trend worldwide, companies all over the globe are accelerating their activities in foreign markets.

Emerging Market Trends for iGaming Worldwide

The online gaming business is progressively moving into markets around the world, changing the model of the gambling industry as many consumers turn to the Internet to bet on sports, gamble on slots or play cards.

Growth of iGaming Industry in Asia

Across the Asia, with exception to Japan, the iGaming market continues to experience a steady, healthy growth in the previous year of 2014. With this, experts estimate that the revenue coming from this region can reach up to US$30.39 billion in 2018 at a compound annual growth rate of 18.53%.

Chinese Retail Market Opportunities for Foreign Investors

Though retail as a whole is no longer considered an emerging sector in China, some of the sector’s sub-markets and business formats are just developing and receive strong support from the government, including funding, grants, and preferential policies. Foreign companies may find lucrative investment opportunities in these areas.

Philippines, the Next Best Local Casino Industry for the Chinese

The City of Dreams Manila by night. One of the largest local casinos in the country.
The City of Dreams Manila by night. One of the largest local casinos in the country.

Despite the sharp drop in revenue in mainland China, experts remain positive towards the growth of the local casino industry this year. Earlier this year, gaming income across the country dropped sharply due to the nationwide alert against corruption by the Chinese government.

Philippines as Top Tourist Destination

Tourism in the Philippines is a major contributor to the country’s economy. It is 5.9% of the Philippine GDP. The Philippines boasts of the most beautiful beach destinations in the world. The country is a popular tourist destination for international travelers.