Asian airports brace to screen over 300 m. passengers by 2011
International Air Transport Association forecast
that 620 mln new passengers will use air travel by 2011. Therefore
according to statistics Asia has to be ready to screen 316 mln
additional passengers, Europe 196 mln, North America 144 mln and
Central and South America 54 mln passengers.
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Inferior foreign goods splits ceramics market
The ceramic industry has been badly hit due to
cheap and inferior Chinese products flooding the market and the
staggering cost of production, said Chairman, Dankotuwa Porcelain
Ltd., Sunil G. Wijesinghe.
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Challenges for the Asian economy
Many economic analysts dissecting the present
trends in the global economy have predicted a doom global economic
situation for the year 2008. Some analysts have predicted a slow
down in the Asian economic growth next year as the US economic
locomotive slows. However, continued breakneck growth in China
should ensure the region escapes a severe downturn, analysts
predict.
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