Asia Pacific’s Top 500 Retailers See Drop in Traditional Retail Sales, Growth in Internet Retailing

SINGAPORE — (Marketwired) — 06/22/14 — Euromonitor International and Retail Asia are pleased to announce the launch of the eleventh edition of the Retail Asia Top 500 Retailers Ranking, listing the largest retailers in the region. The retailers on the Retail Asia Top 500 Ranking had total combined revenue of $1.035 trillion, down nearly 3 percent from the previous year, due to a weakening yen. The decline in combined sales primarily was caused by the weakening exchange rate of major Asian currencies against the US dollar, which was the common denominator used for the Top 500 ranking.

http://www.sys-con.com/node/3110050

SAP eyes RI’s growing SME customers

The world’s leading enterprises application software company SAP AG (SAP) is targeting small and medium enterprises (SMEs) in Indonesia, an industry it believes will significantly transform into an information and communications technology (ICT) market in the next few years, say the company’s national and regional leaders.

http://www.thejakartapost.com/news/2014/06/21/sap-eyes-ri-s-growing-sme-customers.html