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Showing posts with the label Commerce

Africa's aviation sector opens up

When the African Union (AU) launched the Single African Air Transport Market (SAATM) in January this year, it finally opened up Africa’s skies. 23 signatories on board, though another 32 AU members are yet to sign on. SAATM’s launch is a part of AU’s Africa 2063 project, which is a commitment to intra-continent development. If a common regulatory framework is put into place, this could benefit intra-continental travelers immensely, thus boosting commerce and tourism flows among African countries. Will Africa become the world’s next big aviation market? For more information, click here . 

Singapore signs a free trade pact with Sri Lanka

Singapore and Sri Lanka signed the first modern and comprehensive free trade agreement (FTA) earlier this year. This is expected to boost commerce, trade and investments between the two island nations. Sri Lanka is Singapore’s 36th-largest trading partner with bilateral trade amounting to SGD2.7 billion in 2017. Singapore’s top imports from Sri Lanka include fuel oils, clothing accessories, perfumes, wheat flour and motor spirit, while Singapore’s exports to Sri Lanka include gold and jewelry, diesel fuel and petroleum oil, to name a few. Will companies take advantage of the Sri Lanka-Singapore FTA? https://www.spireresearch.com/newsroom/spirethoughts/singapore-signs-a-free-trade-pact-with-sri-lanka/

Spire speaks on growth prospects for VARs and SIs in India’s SME market

Spire Research and Consulting was honored to participate in the GATES India ICT Reseller Channel Summit 2017 as the official research partner. The event was held in Gurgaon from 12-14 September, 2017. The Summit is a business platform for consumer electronics, and mid-market segment vendors to understand market trends. Saurabh Sharma, Country Director for Spire Research and Consulting India, was honored to be a guest speaker at GATES India ICT Reseller Channel Summit 2017 on opportunities facing Value-added resellers (VARs) and System Integrators (SIs) in India’s mid-market segment. In his presentation, Saurabh shared his insights on Small and Medium Enterprise (SME) sector growth for VARs and SIs in India. His data was drawn from in-depth interviews with VARs and SIs in India. With SIs and VARs seeing consistent growth in India, total market revenue is expected to reach USD350 billion by 2025. On the other hand, India’s e-commerce and m-commerce sectors continue to e