Skip to main content

Posts

Showing posts with the label Revenue

China’s booming camel milk industry

Xianjiang Wang Yuan Camel Milk Co Ltd is one of the crucial players responsible for China’s camel milk boom. The company maintains over 20,000 milking camels in Fuhai. No longer just a ship of the desert, the milk of the camel has become sought-after for its perceived medicinal and “beauty” value. Wang Yuan has over 500 outlets across the country, located in every province in China except Tibet. Wang Yuan’s revenues have grown to USD34 million in 2016 – a 15% increase over 2015. The company recently added a USD13 million research and development extension to its factory in Fuhai, and a new factory in Inner Mongolia has kick-started trial operations. Will camel milk production become a viable industry across the globe? https://www.spireresearch.com/newsroom/spirethoughts/chinas-booming-camel-milk-industry/

Education: Will the internet transform the way we learn?

With the global e-learning market expected to reach revenues of USD107 billion by 2015, education over the internet has become easily accessible. Demand for e-learning is growing rapidly, as a function of changes in the skills mix needed for cutting edge industries. Is the internet bound to change the way we learn? What is e-learning? Electronic learning or e-learning refers to computer-enhanced learning. The concept of e-learning evolved from the idea of computer-assisted instruction. A prominent example of computer-assisted instruction is the PLATO system – developed at the Urbana Campus at The University of Illinois since 1960. This system was further enhanced, leading to the emergence of content-based learning through software. The popularity of online education continues to soar due to population growth, the availability of e-learning platforms as well as increased global internet penetration. The number of internet users increased tenfold from 1999 to 2013. In the Asian

The Global Halal Food Market – Riding a wave of growth

Among global food product categories, Halal food is one of the few that is in the fast-growth stage. The global Halal food market is currently worth nearly USD700 billion – with 65 per cent of the demand coming from Asia. Opportunities abound – but how can companies best address them? Halal certification The literal meaning of the Arabic word ‘Halal’ is permissible. It is used in reference to food and drinks that are permissible for Muslims under Islamic Law, as defined in the Koran. It lays down instructions specifying what food can be consumed as well as the method of preparation, addressing mostly meat items and animal tissue. For example, the Islamic form of slaughtering animals involves killing by a cut to the windpipe, carotid artery and jugular vein. Muslim consumers now contribute to a growing demand for high quality and varied Halal food. The Halal certification is a concern for the 1.6 billion global Muslim population because many Muslims live in non-Muslim majority