2008 Asia Cup Cricket Tournament

The Asia Cup Cricket Tournament is an international cricket event which was conceived in the year 1983 along with the birth of the Asian Cricket Council in the same year. Originally the ACC(Asian Cricket Council))was established as a measure to promote goodwill among the Asian nations. The original plan was to hold the tournament in every two years and the first tournament was held in 1984 in Sharjah, UAE where the council’s offices were based (until 1995). ICC(International Cricket Council) has officially given One Day International status to all the matches played for the Asia Cup.

Till now Indian cricket team has won the Asia Cup the most times (4 times) and appeared in all the final matches apart from the 1986 and 2000 cup, during which period India did not participated in the Tournament due to its bad relation with host nation Sri Lanka. Recently ACC has announced that the Asia Cup Cricket tournament will be held biennially from 2008 onwards.

The ninth edition of the Asia Cup Cricket Tournament will be held in Pakistan from 24th June 2008 onwards and will continue till 6th July 2008.This would be the first time Pakistan would be hosting the three-side tournament, including Bangladesh. In this edition the participant nations are India, Pakistan, Srilanka, UAE, Hong Kong and Bangladesh. There will be three teams in each group and the top two teams from each group will qualify for the second round.

From the second round top two teams will contest the final. Karachi will host 10 of the 13 matches, while Lahore will host three and all matches will be day-night affairs, starting late in the afternoon about 04:00 PM local time. As per a recent news article, former Pakistani Cricket captain Wasim Akram was saying India is the most favourite for the 2008 Asia Cup Champion considering the current conditions of arch-rival Pakistan team. He says “Though Karachi’s hot weather will be an additional rival for the participating teams in the Asia Cup, I see India as hot favourites for the event,” the Dawn quoted Akram as saying. Till date India has performed very well in all the Asia Cup tournaments and has won the Championship 4 times.

Considering their current exposure to IPL matches and the well praised performance in the ongoing Bangladesh Tri-Series, they are certainly the favourite for this edition of the championship also. However, tournament host & arch rival Pakistan and mighty Srilanka wont let it happen without pain. Let us see who comes out as the Champion in the 9th edition of 2008 Asia Cup Cricket Tournament!

Vacations – Spend Your Lovely Time in Different Parts of Asia

Yet another exciting spot to spend your vacations and have the luxurious moments of your life cherished with your family, is Asia. There are so many different moving regions in Asia that will make you fly with beauty of these parts of earth. There is so much in Asia that your one life is not enough to have this absorbed and to sense all. Asia is the biggest continent in regard to population, area, culture and many more. The worlds highest and the lowest points are in Asia. The rich culture, historical areas and architecture is perpetual. In Asia you can see world wonders, shopping malls, beaches, mountain-ranges and many other beauties.

There are so many important countries in Asia, worth traveling. It will be memorable time to spend the luxurious moments with family. Asia is comparatively inexpensive and traveling is in budget, also world’s most luxurious hotels can be found.

Vacations in china will prove incredible. China has a variety of travel destinations. There is culture, additional history and wonders to relish. The barren highlands of Tibet via the Silk Road, the bewildering Forbidden City at Beijing and the magnificent Great Wall of China. There are the thousands of remarkable Terracotta Warriors and Horses at the tomb of Qin Shi’huang in Xi’an, the intriguing city life of (Shanghai). The spectacular picturesque beauty of Yunnan and Asia’s original world city, Hong Kong. There are many inexpensive hotels but there are also extravagant hotels, restaurants and resorts for every one.

Thailand can make the vacations most memorable via its culture. More people visit Thailand more than any other country in Southeast Asia. The Royal Kingdom of Thailand has the most to offer tourists: historic culture, lively arts, beautiful beaches, a good nightlife, welcoming and generous people and one of the world’s best cuisines. There is huge accommodation for visitors, visiting ever welcoming Thailand.

It is interesting to know that the Indonesia is made up of more than 13,000 islands of which less than 1,500 have a name. Indonesia is the world’s fourth most populous country and the largest Muslim state. Indonesia always welcomes visitors to spend their lovely vacations.

Vacations in Japan have long been popular with travelers though it’s an expensive place to live but a traveler can always spend budget vacations in Japan. Japan provides an extraordinary luxury living experience.

Philippine is famous as “The Smile of Asia” because of its people’s hospitality and many festivities. It will be a memorable part to go and enjoy vacations.

Emirates Arab vacation apartments all year-long, give huge accommodation in hotels, beautiful vacation homes and vacation home rentals.

There are so many other countries like India, Pakistan, Nepal, Afghanistan and Malaysia which got beautiful attractions to hold travelers and visitors to spend their vacations. All have their own beauty and history for travelers to enjoy.

Perspectives and Potential of Asia’s Hotspots – China and Philippines in Focus

Global IT spend is expected to increase at a faster rate post 2009 as several service buyer markets unentangle themselves from recession. Growth may still be tepid but nonetheless more significant than the previous 3 years.

Post recession clients are more aligned towards offshore benefits.

Drivers for Technology Spend:

• Cost reduction as clients look for demand recovery
• Growth in competition leading to need for scalable, optimized and effective operations
• Diversification of business and expansion into new markets is pushing clients for innovation and faster time to market
• Growing SMB participation as service buyer (currently at 33% of total spend) globally

How suppliers can exploit growth in IT spend?

There remain opportunities for outsourcers, as offshoring spend remains relatively small

• Identification of new delivery and engagement models
• Overhauling of existing resources/ network to offer higher value
• Foster innovation/ IP/ assets- must for gaining edge over competition
• Develop ready to deploy platforms / frameworks for multiple geographies in order to enable faster time to market

The demand side is still composed of two regions of the globe- North America and Western Europe, which together contribute about 55% of global IT/ BPO spend. Offshore revenue share is 75%. But domestic markets from BRIC nations will also become increasingly important players in the near term.

The supply side will stretch across geographies and begin accelerating the pace of competition. Countries in S. America such as Argentina, Chile, Colombia, Uruguay, etc. are some which will be vying to supply clients, particularly the Hispanic population in US.

The incumbent Indian providers will continue to build delivery centers in key delivery regions such as Latin America, Eastern Europe and China.

Game changing strategies on supply side:

• Vendors positioning themselves as End to End service providers rather than cost saviors to increase wallet share

• Increased vendor consolidation and diversification (eg. Dell acquired Perot Systems, Product vendors expanding services portfolio etc)

• Building capabilities around RIM/ IO* and platform based BPO services (Service lines witnessing traction from client side)

• Vendors entering new regions to support existing client’s localization needs (deepens client reach and wallet share)

Strong Domestic and Regional Markets –

There is strong market potential in Asia Pacific region as evidenced by robust growth rates of regional domestic economies. Apart from India and China, smaller countries like Philippines and Vietnam, which are seen as supply side components, have strong domestic consumption potential, as evidenced by their strong growth rates on the back of increased domestic consumption.

• Healthy growth in IT spend provides tremendous scale for growth in these markets
• Current outsourced market for the region is over US$22 billion – primarily served by local & regional vendors
• Technology spend by government, BFSI, telecommunication and manufacturing will drive the growth
• International and regional vendors serving these markets have witnessed double digit growth

Service Delivery Cluster-

In the past 10 years, the service delivery cluster in Asia (earlier composed primarily of India, Sri Lanka and Philippines) has evolved to a circle of multiple nations providing a multitude of services and catering to a diverse group of markets and verticals.

For this cluster to further expand, and further clusters will emerge across the globe. Each service cluster will develop its own niche and market development segment. These clusters will lead to growth of the region as a whole.

Top Cities in Asia

Continuous demand has led to proliferation of outsourcing locations in Asia.

• Indian cities continue to lead the pack, followed by Philippines and China catering to both global and domestic requirements. Many, particularly in China are looking at catering to the domestic market instead of the global requirements.

• Manila NCR, after Indian cities like Bangalore and Delhi, has been consistently making it to the top of the outsourcing cities lists.

• China follows India in terms of most number of cities on the lists. Dalian has been consistently moving up rankings.

• Several cities moving down the rankings are also an indication of strong competition among the cities. This also indicates the aggressiveness of cities in promoting themselves as locations of choice.

• Most of the emerging Tier II/III cities are from Southeast Asia- from Philippines, Indonesia, Thailand and Malaysia. This could be mostly due to initiatives undertaken like by the Business Processing Association of Philippines (BPAC)