i) Key Markets in the Asia Pacific- Country Population (in decreasing order)
- China – 1.32 billion population
- India – 1.15 billion
- Indonesia – 235 million
- Japan – 127 million
- Philippines – 89 million
- Vietnam – 87 million
- Thailand – 64 million
- South Korea – 48 million
- Malaysia – 27 million
- Taiwan – 23 million
- Australia – 21 million
- Hong Kong – 7 million
- Singapore – 4.6 million
- New Zealand – 4.3 million
ii) Annual GDP Growth Rates (%): IMF – October 2008
Most Asian economies are in a better position to weather the current global financial storm due to significant foreign reserves, and painful lessons gleaned from the 1997 crisis. Growth in the Emerging Asia region is projected to moderate to 7.7% in 2008 and 7% in 2009, from 9¼% last year, according to the twice-yearly World Economic Outlook report released recently by the International Monetary Fund.
iii) Corporate and Indirect Tax Rates Survey 2008, Asia Pacific – KPMG
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4:45 am on September 7th, 2009 1
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