Driving Force of the World Economy: The Asian Market
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I. The Emerging of the Asian Merchandise Market
The global economy has been characterized by major shifts in the patterns of international trade. Global trades had grown rapidly in the last decades and had found to be expanded much faster than the global gross domestic production. Analysis of historical data on trade patterns indicate that three large trade blocs have emerged: (1) a bloc anchored by the United States which consists of North America and Central America, (2) the European Union plus much of its periphery, and (3) a new trade bloc comprising of the countries in East and Southeast (E&SE) Asia. The developing countries not included in these blocs have also expanded trade with increased diversification in partners and traded commodities.The Asian giants, China and India are currently both gradually expanding into the world economy and it can both be seen as Asian Drivers but with different trade patterns and different impacts. While increasing trade in the Southeast Asia market, Malaysia, Thailand, Philippines, Indonesia, Singapore, Cambodia, Vietnam, Myanmar, Lao PDR and Brunei Darussalam merchants are integrating into the world trading bloc. These countries had been emerging in large and expanding trade in intermediate inputs across the world regions and with regional production characterized by cross-country value chains.
Although there were some B2B trade portal exists throughout the Asia, but still not yet one B2B business portal appears that represents the Southeast Asia market that come across the business cultures and values, which able to integrate the whole Asia merchandise trade into the global cross-country production chains.
II. Strategic Role of the DagangAsia.com
DagangAsia is one of the world’s largest B2B and B2C e-Marketplace featuring mainly Asia products and services with 3 billion population. It is No. 1 Asia Business Directory as indicated by the Google search engine results. It had attracted more than 1,000,000 hits to the portal every month since its establishment.In line with the Malaysian government aspiration to promote Malaysia as the world resource allocation hub for businesses and services sectors, DagangAsia.com has found its strategic role in making this objective comes true. As one of the largest B2B business portal in Asia, DagangAsia.com as an online trade portal was established to cater for e-marketplace for worldwide buyers to source for the manufacturers, suppliers, importers, exporters and service providers. It aims to promote and provide business opportunities to Small and Medium Entrepreneurs (SMEs) to market their products or services. It provides an online platform as well as other business sourcing channels for our merchants to reach out to a potential worldwide commodities market.
In recent years, DagangAsia.com has received unprecedented recognition and has closely works hand in hand with Malaysian government and its agencies, corporate sectors and also NGOs. With such trusts and supports given, it has opened up doorways for other international agencies to take part and to collaborate with DagangAsia.com. Among those involved:
- Malaysia MIHAS Exhibition
- Indonesia International Halal Expo
- Brunei International Halal Expo
- China Import-Export Exhibition, Canton Fair
- Dubai International Halal Expo
- World’s biggest IT exhibition, CeBIT in Germany
- Italy MACEF International Trading Exhibition
- France BATIMAS International Building and Interior Exhibition
- Spain International Food and Beverages Exhibition
- US Las Vegas Motor Spare Parts Exhibition
- Taiwan Taipei Computer Fair
III. Competitiveness of DagangAsia.com
DagangAsia.com is global B2B e-marketplace for worldwide buyers to source for the Asia’s suppliers, manufacturers, suppliers, importers, exporters and service providers in all industries. We source the buyers and trade leads for our business merchants through our effective online B2B system, participation in worldwide exhibitions and collaboration with the established local business associations. DagangAsia.com has the following competitive advantages:
(1) DagangAsia.com is the leading Business Portal in Asia Region
DagangAsia.com is ranked No.1 Business Portal on the Google search engine. Besides, many other phrases related to “Asia” ranked top in major search engines.
Google Search for "Asia Business Directory"
Yahoo Search for "Asia eMarketPlace"
(2) DagangAsia.com comprises multi-channel marketing for the merchants
Using the Trade Manager principle, DagangAsia.com creates business opportunities and links potential buyers and sellers in a continuous profit cycle by using a reliable, tried and tested, international business contact-point platform. The DagangAsia.com Trade Manager comprises of the B2B website, online trade lead, strategic partners and international exhibitions.
(3) DagangAsia.com consists varieties of products and services
DagangAsia.com is a strategic e-Market place that comprises varieties of certified products and services categories, which meet all the businesses of the manufacturers, importers, exporters, distributors and service providers around the world.
IV. How can DagangAsia.com help buyers?
Buyers everywhere face the constant challenges of sourcing the right products at the right price. This includes attending trade shows and conducting internet searches and travelling to various supplier countries. All of the above are an expensive but necessary part of doing business. However, today's most buyers in the world leverage on DagangAsia.com to simplify their tasks and gain a competitive advantage:
- No need for investment in new hardware
- No need for investment in new software
- No Transaction Fees
- Inexpensive and extremely simple to use
- Makes finding and accessing to active supplier community as simple as possible.
- Provides cost effective way to connect with manufacturers & suppliers globally.
V. How can DagangAsia.com help Suppliers?
Marketing and sales are constant challenges for all suppliers and exporters. Huge amounts of money and time are invested in identifying new markets and new clients. Trade shows and marketing material and client relationships are an expensive but necessary part of doing business. DagangAsia.com features some of the largest exporters & manufacturers in the world that bring about growth in business and increase profit margins:
- Generate New Leads
- Create Brand Awareness in the Asian Markets
- Establish Presence in New Markets
- Inexpensive and extremely simple to use
VI. Benefits of Join in DagangAsia.com
(1) Niche & Specialize Trade e-Marketplace
A leading Malaysia e-Market place for the local small and medium industries or enterprises that intends to penetrates into the global market.
(2) Local & Abroad Merchandise Industry Focus and Recognition
Online collaboration with many local and overseas Asia Pacific partners to promote DagngAsia.com registered merchants.
(3) Strategic Partner of the governmental organizations
Appointed online partners for SMIDEC (Small Medium Industries Development Corporation).
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