$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1594',
'article_category_id' => '137',
'title' => 'Global Ecommerce To Top $1.2 Tn, Driven By Asia-Pacific Growth',
'sub_title' => '',
'summary' => null,
'content' => '<div>
</div>
<div>
Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion. The Asia-Pacific region is driving ecommerce growth more than any other, and is expected to outpace the rest of the world at 23 percent growth over last year. China and Indonesia are leading the region’s growth. “Asia-Pacific already accounts for nearly a third of all B2C ecommerce sales in the world, a share of the total just below North America’s. Next year, Asia-Pacific will lead all regions in share of the worldwide total spent online,” the study asserted.</div>
<div>
</div>
<div>
Indonesia is expected to see ecommerce growth up 65 percent compared to 2012. China is up 71 percent over last year. Comparatively, the U.S. expects only a 12 percent rise in ecommerce by the end of the year.</div>
<div>
</div>
<div>
While the Asia-Pacific leads in growth, North America maintains its lead in actual sales. North America spent $373 billion in 2012, which is expected to rise to $420 billion in 2013. The Asia-Pacific spent $316 billion in 2012 and eMarketer anticipates $389 billion to be spent this year. However, the Asia-Pacific is set to overcome the reigning top spender by the end of next year. While North America is expected to have $469 billion in sales for 2014, the Asia-Pacific will take the lead at $502 billion. The gap will widen even further by 2016 – with the Asia-Pacific expected to spend $708 billion versus North America’s $580 billion.</div>
<div>
</div>
<div>
The study also indicated that more web users in the Asia-Pacific are embracing online shopping. “Ecommerce sales growth will be supported by an estimated 1.03 billion digital buyers around the world this year, 44.4% of whom will be in Asia-Pacific. China alone will boast 269.4 million digital buyers this year—a figure that includes internet users ages 14 and older who make at least one purchase via any digital channel during the calendar year. The US remains the country with the second-largest number of digital buyers, at 155.7 million this year,” the study claimed. The study concludes that many web users in the Asia-Pacific who previously weren’t buying online will decrease this year. eMarketer expects penetration to increase in China, from 40 percent last year to a projected 71 percent of internet users by 2017. Current digital buyer penetration in the U.S. is just slightly above that projection currently at 72 percent.</div>
<div>
</div>
<div>
“There is still significant room for growth, though, in developing markets where many internet users are still not buying online. Western Europe and North America are the only regions in the world where a majority of the online population is also a digital buyer,” said the study. As countries like China increase its wealth, it becomes inevitable that more of its citizens will be connected to the web. It is logical to assume that many of those Internet users will discover the advantages (and disadvantages) of buying online.</div>
<div>
</div>
<div>
<hr />
<div>
<strong><span style="font-size:14px;">E-markets in Nepal on the Rise</span></strong></div>
<div>
</div>
<div>
E-commerce market in Nepal emerged about a decade ago. Kick-started through gift-sending and bill payment services through online portals, the market went on to expand due to increasing purchasing power among Nepali consumers. Online shopping revenues have witnessed fast paced growth as the number of internet users in Nepal continues to rise. The domestic e-commerce market has now expanded into various segments such as online shopping, e-banking, mobile commerce, electronic cash transfers and e-ticketing. Time and money saving hassle-free services are seen to be the main factors in attracting internet users to online markets. </div>
<div>
</div>
<div>
Annual online transactions in Nepal are estimated to be around Rs 10 billion, although an official figure is not available. Many online shopping websites have emerged since the inception of e-commerce in Nepal. Muncha.com, Thamel.com, Harilo.com, Yeskantipur.com, Metrotarkari.com, Foodmandu.com, Bhatbhatenionline.com and Nepbay.com are some of the popular websites among Nepali online shoppers. Some of these sell their own products whereas others deliver from global sites such as eBay and Amazon. Nepali shoppers have the option to buy products ranging from groceries and fresh vegetables to cars from online portals. </div>
<div>
</div>
<div>
However, lack of a clear policy is hindering the growth of online markets here. “The government has not helped the domestic e-commerce market and neither obstructed it,” says Balkrishna Joshi, the CEO of Thamel.com. According to Joshi, the e-commerce market in Nepal is facing problems in the bill payment system. “Establishing a central payment gateway will solve this problem, the central bank and concerned authorities should look into this,” Joshi said. “Similarly, creating a safer online environment for customers will also attract more investments in e-markets here,” he added.</div>
<div>
</div>
</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-12',
'modified' => '2013-08-12',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion.',
'sortorder' => '1455',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '137',
'name' => 'Lead take',
'parentOf' => '104',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:34'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1594',
'article_category_id' => '137',
'title' => 'Global Ecommerce To Top $1.2 Tn, Driven By Asia-Pacific Growth',
'sub_title' => '',
'summary' => null,
'content' => '<div>
</div>
<div>
Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion. The Asia-Pacific region is driving ecommerce growth more than any other, and is expected to outpace the rest of the world at 23 percent growth over last year. China and Indonesia are leading the region’s growth. “Asia-Pacific already accounts for nearly a third of all B2C ecommerce sales in the world, a share of the total just below North America’s. Next year, Asia-Pacific will lead all regions in share of the worldwide total spent online,” the study asserted.</div>
<div>
</div>
<div>
Indonesia is expected to see ecommerce growth up 65 percent compared to 2012. China is up 71 percent over last year. Comparatively, the U.S. expects only a 12 percent rise in ecommerce by the end of the year.</div>
<div>
</div>
<div>
While the Asia-Pacific leads in growth, North America maintains its lead in actual sales. North America spent $373 billion in 2012, which is expected to rise to $420 billion in 2013. The Asia-Pacific spent $316 billion in 2012 and eMarketer anticipates $389 billion to be spent this year. However, the Asia-Pacific is set to overcome the reigning top spender by the end of next year. While North America is expected to have $469 billion in sales for 2014, the Asia-Pacific will take the lead at $502 billion. The gap will widen even further by 2016 – with the Asia-Pacific expected to spend $708 billion versus North America’s $580 billion.</div>
<div>
</div>
<div>
The study also indicated that more web users in the Asia-Pacific are embracing online shopping. “Ecommerce sales growth will be supported by an estimated 1.03 billion digital buyers around the world this year, 44.4% of whom will be in Asia-Pacific. China alone will boast 269.4 million digital buyers this year—a figure that includes internet users ages 14 and older who make at least one purchase via any digital channel during the calendar year. The US remains the country with the second-largest number of digital buyers, at 155.7 million this year,” the study claimed. The study concludes that many web users in the Asia-Pacific who previously weren’t buying online will decrease this year. eMarketer expects penetration to increase in China, from 40 percent last year to a projected 71 percent of internet users by 2017. Current digital buyer penetration in the U.S. is just slightly above that projection currently at 72 percent.</div>
<div>
</div>
<div>
“There is still significant room for growth, though, in developing markets where many internet users are still not buying online. Western Europe and North America are the only regions in the world where a majority of the online population is also a digital buyer,” said the study. As countries like China increase its wealth, it becomes inevitable that more of its citizens will be connected to the web. It is logical to assume that many of those Internet users will discover the advantages (and disadvantages) of buying online.</div>
<div>
</div>
<div>
<hr />
<div>
<strong><span style="font-size:14px;">E-markets in Nepal on the Rise</span></strong></div>
<div>
</div>
<div>
E-commerce market in Nepal emerged about a decade ago. Kick-started through gift-sending and bill payment services through online portals, the market went on to expand due to increasing purchasing power among Nepali consumers. Online shopping revenues have witnessed fast paced growth as the number of internet users in Nepal continues to rise. The domestic e-commerce market has now expanded into various segments such as online shopping, e-banking, mobile commerce, electronic cash transfers and e-ticketing. Time and money saving hassle-free services are seen to be the main factors in attracting internet users to online markets. </div>
<div>
</div>
<div>
Annual online transactions in Nepal are estimated to be around Rs 10 billion, although an official figure is not available. Many online shopping websites have emerged since the inception of e-commerce in Nepal. Muncha.com, Thamel.com, Harilo.com, Yeskantipur.com, Metrotarkari.com, Foodmandu.com, Bhatbhatenionline.com and Nepbay.com are some of the popular websites among Nepali online shoppers. Some of these sell their own products whereas others deliver from global sites such as eBay and Amazon. Nepali shoppers have the option to buy products ranging from groceries and fresh vegetables to cars from online portals. </div>
<div>
</div>
<div>
However, lack of a clear policy is hindering the growth of online markets here. “The government has not helped the domestic e-commerce market and neither obstructed it,” says Balkrishna Joshi, the CEO of Thamel.com. According to Joshi, the e-commerce market in Nepal is facing problems in the bill payment system. “Establishing a central payment gateway will solve this problem, the central bank and concerned authorities should look into this,” Joshi said. “Similarly, creating a safer online environment for customers will also attract more investments in e-markets here,” he added.</div>
<div>
</div>
</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-12',
'modified' => '2013-08-12',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion.',
'sortorder' => '1455',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '137',
'name' => 'Lead take',
'parentOf' => '104',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:34'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1594',
'hit' => '373'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1594',
'article_category_id' => '137',
'title' => 'Global Ecommerce To Top $1.2 Tn, Driven By Asia-Pacific Growth',
'sub_title' => '',
'summary' => null,
'content' => '<div>
</div>
<div>
Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion. The Asia-Pacific region is driving ecommerce growth more than any other, and is expected to outpace the rest of the world at 23 percent growth over last year. China and Indonesia are leading the region’s growth. “Asia-Pacific already accounts for nearly a third of all B2C ecommerce sales in the world, a share of the total just below North America’s. Next year, Asia-Pacific will lead all regions in share of the worldwide total spent online,” the study asserted.</div>
<div>
</div>
<div>
Indonesia is expected to see ecommerce growth up 65 percent compared to 2012. China is up 71 percent over last year. Comparatively, the U.S. expects only a 12 percent rise in ecommerce by the end of the year.</div>
<div>
</div>
<div>
While the Asia-Pacific leads in growth, North America maintains its lead in actual sales. North America spent $373 billion in 2012, which is expected to rise to $420 billion in 2013. The Asia-Pacific spent $316 billion in 2012 and eMarketer anticipates $389 billion to be spent this year. However, the Asia-Pacific is set to overcome the reigning top spender by the end of next year. While North America is expected to have $469 billion in sales for 2014, the Asia-Pacific will take the lead at $502 billion. The gap will widen even further by 2016 – with the Asia-Pacific expected to spend $708 billion versus North America’s $580 billion.</div>
<div>
</div>
<div>
The study also indicated that more web users in the Asia-Pacific are embracing online shopping. “Ecommerce sales growth will be supported by an estimated 1.03 billion digital buyers around the world this year, 44.4% of whom will be in Asia-Pacific. China alone will boast 269.4 million digital buyers this year—a figure that includes internet users ages 14 and older who make at least one purchase via any digital channel during the calendar year. The US remains the country with the second-largest number of digital buyers, at 155.7 million this year,” the study claimed. The study concludes that many web users in the Asia-Pacific who previously weren’t buying online will decrease this year. eMarketer expects penetration to increase in China, from 40 percent last year to a projected 71 percent of internet users by 2017. Current digital buyer penetration in the U.S. is just slightly above that projection currently at 72 percent.</div>
<div>
</div>
<div>
“There is still significant room for growth, though, in developing markets where many internet users are still not buying online. Western Europe and North America are the only regions in the world where a majority of the online population is also a digital buyer,” said the study. As countries like China increase its wealth, it becomes inevitable that more of its citizens will be connected to the web. It is logical to assume that many of those Internet users will discover the advantages (and disadvantages) of buying online.</div>
<div>
</div>
<div>
<hr />
<div>
<strong><span style="font-size:14px;">E-markets in Nepal on the Rise</span></strong></div>
<div>
</div>
<div>
E-commerce market in Nepal emerged about a decade ago. Kick-started through gift-sending and bill payment services through online portals, the market went on to expand due to increasing purchasing power among Nepali consumers. Online shopping revenues have witnessed fast paced growth as the number of internet users in Nepal continues to rise. The domestic e-commerce market has now expanded into various segments such as online shopping, e-banking, mobile commerce, electronic cash transfers and e-ticketing. Time and money saving hassle-free services are seen to be the main factors in attracting internet users to online markets. </div>
<div>
</div>
<div>
Annual online transactions in Nepal are estimated to be around Rs 10 billion, although an official figure is not available. Many online shopping websites have emerged since the inception of e-commerce in Nepal. Muncha.com, Thamel.com, Harilo.com, Yeskantipur.com, Metrotarkari.com, Foodmandu.com, Bhatbhatenionline.com and Nepbay.com are some of the popular websites among Nepali online shoppers. Some of these sell their own products whereas others deliver from global sites such as eBay and Amazon. Nepali shoppers have the option to buy products ranging from groceries and fresh vegetables to cars from online portals. </div>
<div>
</div>
<div>
However, lack of a clear policy is hindering the growth of online markets here. “The government has not helped the domestic e-commerce market and neither obstructed it,” says Balkrishna Joshi, the CEO of Thamel.com. According to Joshi, the e-commerce market in Nepal is facing problems in the bill payment system. “Establishing a central payment gateway will solve this problem, the central bank and concerned authorities should look into this,” Joshi said. “Similarly, creating a safer online environment for customers will also attract more investments in e-markets here,” he added.</div>
<div>
</div>
</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-12',
'modified' => '2013-08-12',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion.',
'sortorder' => '1455',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '137',
'name' => 'Lead take',
'parentOf' => '104',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:34'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1594',
'article_category_id' => '137',
'title' => 'Global Ecommerce To Top $1.2 Tn, Driven By Asia-Pacific Growth',
'sub_title' => '',
'summary' => null,
'content' => '<div>
</div>
<div>
Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion. The Asia-Pacific region is driving ecommerce growth more than any other, and is expected to outpace the rest of the world at 23 percent growth over last year. China and Indonesia are leading the region’s growth. “Asia-Pacific already accounts for nearly a third of all B2C ecommerce sales in the world, a share of the total just below North America’s. Next year, Asia-Pacific will lead all regions in share of the worldwide total spent online,” the study asserted.</div>
<div>
</div>
<div>
Indonesia is expected to see ecommerce growth up 65 percent compared to 2012. China is up 71 percent over last year. Comparatively, the U.S. expects only a 12 percent rise in ecommerce by the end of the year.</div>
<div>
</div>
<div>
While the Asia-Pacific leads in growth, North America maintains its lead in actual sales. North America spent $373 billion in 2012, which is expected to rise to $420 billion in 2013. The Asia-Pacific spent $316 billion in 2012 and eMarketer anticipates $389 billion to be spent this year. However, the Asia-Pacific is set to overcome the reigning top spender by the end of next year. While North America is expected to have $469 billion in sales for 2014, the Asia-Pacific will take the lead at $502 billion. The gap will widen even further by 2016 – with the Asia-Pacific expected to spend $708 billion versus North America’s $580 billion.</div>
<div>
</div>
<div>
The study also indicated that more web users in the Asia-Pacific are embracing online shopping. “Ecommerce sales growth will be supported by an estimated 1.03 billion digital buyers around the world this year, 44.4% of whom will be in Asia-Pacific. China alone will boast 269.4 million digital buyers this year—a figure that includes internet users ages 14 and older who make at least one purchase via any digital channel during the calendar year. The US remains the country with the second-largest number of digital buyers, at 155.7 million this year,” the study claimed. The study concludes that many web users in the Asia-Pacific who previously weren’t buying online will decrease this year. eMarketer expects penetration to increase in China, from 40 percent last year to a projected 71 percent of internet users by 2017. Current digital buyer penetration in the U.S. is just slightly above that projection currently at 72 percent.</div>
<div>
</div>
<div>
“There is still significant room for growth, though, in developing markets where many internet users are still not buying online. Western Europe and North America are the only regions in the world where a majority of the online population is also a digital buyer,” said the study. As countries like China increase its wealth, it becomes inevitable that more of its citizens will be connected to the web. It is logical to assume that many of those Internet users will discover the advantages (and disadvantages) of buying online.</div>
<div>
</div>
<div>
<hr />
<div>
<strong><span style="font-size:14px;">E-markets in Nepal on the Rise</span></strong></div>
<div>
</div>
<div>
E-commerce market in Nepal emerged about a decade ago. Kick-started through gift-sending and bill payment services through online portals, the market went on to expand due to increasing purchasing power among Nepali consumers. Online shopping revenues have witnessed fast paced growth as the number of internet users in Nepal continues to rise. The domestic e-commerce market has now expanded into various segments such as online shopping, e-banking, mobile commerce, electronic cash transfers and e-ticketing. Time and money saving hassle-free services are seen to be the main factors in attracting internet users to online markets. </div>
<div>
</div>
<div>
Annual online transactions in Nepal are estimated to be around Rs 10 billion, although an official figure is not available. Many online shopping websites have emerged since the inception of e-commerce in Nepal. Muncha.com, Thamel.com, Harilo.com, Yeskantipur.com, Metrotarkari.com, Foodmandu.com, Bhatbhatenionline.com and Nepbay.com are some of the popular websites among Nepali online shoppers. Some of these sell their own products whereas others deliver from global sites such as eBay and Amazon. Nepali shoppers have the option to buy products ranging from groceries and fresh vegetables to cars from online portals. </div>
<div>
</div>
<div>
However, lack of a clear policy is hindering the growth of online markets here. “The government has not helped the domestic e-commerce market and neither obstructed it,” says Balkrishna Joshi, the CEO of Thamel.com. According to Joshi, the e-commerce market in Nepal is facing problems in the bill payment system. “Establishing a central payment gateway will solve this problem, the central bank and concerned authorities should look into this,” Joshi said. “Similarly, creating a safer online environment for customers will also attract more investments in e-markets here,” he added.</div>
<div>
</div>
</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-12',
'modified' => '2013-08-12',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion.',
'sortorder' => '1455',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '137',
'name' => 'Lead take',
'parentOf' => '104',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:34'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1594',
'hit' => '373'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
//find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1594',
'article_category_id' => '137',
'title' => 'Global Ecommerce To Top $1.2 Tn, Driven By Asia-Pacific Growth',
'sub_title' => '',
'summary' => null,
'content' => '<div>
</div>
<div>
Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion. The Asia-Pacific region is driving ecommerce growth more than any other, and is expected to outpace the rest of the world at 23 percent growth over last year. China and Indonesia are leading the region’s growth. “Asia-Pacific already accounts for nearly a third of all B2C ecommerce sales in the world, a share of the total just below North America’s. Next year, Asia-Pacific will lead all regions in share of the worldwide total spent online,” the study asserted.</div>
<div>
</div>
<div>
Indonesia is expected to see ecommerce growth up 65 percent compared to 2012. China is up 71 percent over last year. Comparatively, the U.S. expects only a 12 percent rise in ecommerce by the end of the year.</div>
<div>
</div>
<div>
While the Asia-Pacific leads in growth, North America maintains its lead in actual sales. North America spent $373 billion in 2012, which is expected to rise to $420 billion in 2013. The Asia-Pacific spent $316 billion in 2012 and eMarketer anticipates $389 billion to be spent this year. However, the Asia-Pacific is set to overcome the reigning top spender by the end of next year. While North America is expected to have $469 billion in sales for 2014, the Asia-Pacific will take the lead at $502 billion. The gap will widen even further by 2016 – with the Asia-Pacific expected to spend $708 billion versus North America’s $580 billion.</div>
<div>
</div>
<div>
The study also indicated that more web users in the Asia-Pacific are embracing online shopping. “Ecommerce sales growth will be supported by an estimated 1.03 billion digital buyers around the world this year, 44.4% of whom will be in Asia-Pacific. China alone will boast 269.4 million digital buyers this year—a figure that includes internet users ages 14 and older who make at least one purchase via any digital channel during the calendar year. The US remains the country with the second-largest number of digital buyers, at 155.7 million this year,” the study claimed. The study concludes that many web users in the Asia-Pacific who previously weren’t buying online will decrease this year. eMarketer expects penetration to increase in China, from 40 percent last year to a projected 71 percent of internet users by 2017. Current digital buyer penetration in the U.S. is just slightly above that projection currently at 72 percent.</div>
<div>
</div>
<div>
“There is still significant room for growth, though, in developing markets where many internet users are still not buying online. Western Europe and North America are the only regions in the world where a majority of the online population is also a digital buyer,” said the study. As countries like China increase its wealth, it becomes inevitable that more of its citizens will be connected to the web. It is logical to assume that many of those Internet users will discover the advantages (and disadvantages) of buying online.</div>
<div>
</div>
<div>
<hr />
<div>
<strong><span style="font-size:14px;">E-markets in Nepal on the Rise</span></strong></div>
<div>
</div>
<div>
E-commerce market in Nepal emerged about a decade ago. Kick-started through gift-sending and bill payment services through online portals, the market went on to expand due to increasing purchasing power among Nepali consumers. Online shopping revenues have witnessed fast paced growth as the number of internet users in Nepal continues to rise. The domestic e-commerce market has now expanded into various segments such as online shopping, e-banking, mobile commerce, electronic cash transfers and e-ticketing. Time and money saving hassle-free services are seen to be the main factors in attracting internet users to online markets. </div>
<div>
</div>
<div>
Annual online transactions in Nepal are estimated to be around Rs 10 billion, although an official figure is not available. Many online shopping websites have emerged since the inception of e-commerce in Nepal. Muncha.com, Thamel.com, Harilo.com, Yeskantipur.com, Metrotarkari.com, Foodmandu.com, Bhatbhatenionline.com and Nepbay.com are some of the popular websites among Nepali online shoppers. Some of these sell their own products whereas others deliver from global sites such as eBay and Amazon. Nepali shoppers have the option to buy products ranging from groceries and fresh vegetables to cars from online portals. </div>
<div>
</div>
<div>
However, lack of a clear policy is hindering the growth of online markets here. “The government has not helped the domestic e-commerce market and neither obstructed it,” says Balkrishna Joshi, the CEO of Thamel.com. According to Joshi, the e-commerce market in Nepal is facing problems in the bill payment system. “Establishing a central payment gateway will solve this problem, the central bank and concerned authorities should look into this,” Joshi said. “Similarly, creating a safer online environment for customers will also attract more investments in e-markets here,” he added.</div>
<div>
</div>
</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-12',
'modified' => '2013-08-12',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion.',
'sortorder' => '1455',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '137',
'name' => 'Lead take',
'parentOf' => '104',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:34'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1594',
'article_category_id' => '137',
'title' => 'Global Ecommerce To Top $1.2 Tn, Driven By Asia-Pacific Growth',
'sub_title' => '',
'summary' => null,
'content' => '<div>
</div>
<div>
Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion. The Asia-Pacific region is driving ecommerce growth more than any other, and is expected to outpace the rest of the world at 23 percent growth over last year. China and Indonesia are leading the region’s growth. “Asia-Pacific already accounts for nearly a third of all B2C ecommerce sales in the world, a share of the total just below North America’s. Next year, Asia-Pacific will lead all regions in share of the worldwide total spent online,” the study asserted.</div>
<div>
</div>
<div>
Indonesia is expected to see ecommerce growth up 65 percent compared to 2012. China is up 71 percent over last year. Comparatively, the U.S. expects only a 12 percent rise in ecommerce by the end of the year.</div>
<div>
</div>
<div>
While the Asia-Pacific leads in growth, North America maintains its lead in actual sales. North America spent $373 billion in 2012, which is expected to rise to $420 billion in 2013. The Asia-Pacific spent $316 billion in 2012 and eMarketer anticipates $389 billion to be spent this year. However, the Asia-Pacific is set to overcome the reigning top spender by the end of next year. While North America is expected to have $469 billion in sales for 2014, the Asia-Pacific will take the lead at $502 billion. The gap will widen even further by 2016 – with the Asia-Pacific expected to spend $708 billion versus North America’s $580 billion.</div>
<div>
</div>
<div>
The study also indicated that more web users in the Asia-Pacific are embracing online shopping. “Ecommerce sales growth will be supported by an estimated 1.03 billion digital buyers around the world this year, 44.4% of whom will be in Asia-Pacific. China alone will boast 269.4 million digital buyers this year—a figure that includes internet users ages 14 and older who make at least one purchase via any digital channel during the calendar year. The US remains the country with the second-largest number of digital buyers, at 155.7 million this year,” the study claimed. The study concludes that many web users in the Asia-Pacific who previously weren’t buying online will decrease this year. eMarketer expects penetration to increase in China, from 40 percent last year to a projected 71 percent of internet users by 2017. Current digital buyer penetration in the U.S. is just slightly above that projection currently at 72 percent.</div>
<div>
</div>
<div>
“There is still significant room for growth, though, in developing markets where many internet users are still not buying online. Western Europe and North America are the only regions in the world where a majority of the online population is also a digital buyer,” said the study. As countries like China increase its wealth, it becomes inevitable that more of its citizens will be connected to the web. It is logical to assume that many of those Internet users will discover the advantages (and disadvantages) of buying online.</div>
<div>
</div>
<div>
<hr />
<div>
<strong><span style="font-size:14px;">E-markets in Nepal on the Rise</span></strong></div>
<div>
</div>
<div>
E-commerce market in Nepal emerged about a decade ago. Kick-started through gift-sending and bill payment services through online portals, the market went on to expand due to increasing purchasing power among Nepali consumers. Online shopping revenues have witnessed fast paced growth as the number of internet users in Nepal continues to rise. The domestic e-commerce market has now expanded into various segments such as online shopping, e-banking, mobile commerce, electronic cash transfers and e-ticketing. Time and money saving hassle-free services are seen to be the main factors in attracting internet users to online markets. </div>
<div>
</div>
<div>
Annual online transactions in Nepal are estimated to be around Rs 10 billion, although an official figure is not available. Many online shopping websites have emerged since the inception of e-commerce in Nepal. Muncha.com, Thamel.com, Harilo.com, Yeskantipur.com, Metrotarkari.com, Foodmandu.com, Bhatbhatenionline.com and Nepbay.com are some of the popular websites among Nepali online shoppers. Some of these sell their own products whereas others deliver from global sites such as eBay and Amazon. Nepali shoppers have the option to buy products ranging from groceries and fresh vegetables to cars from online portals. </div>
<div>
</div>
<div>
However, lack of a clear policy is hindering the growth of online markets here. “The government has not helped the domestic e-commerce market and neither obstructed it,” says Balkrishna Joshi, the CEO of Thamel.com. According to Joshi, the e-commerce market in Nepal is facing problems in the bill payment system. “Establishing a central payment gateway will solve this problem, the central bank and concerned authorities should look into this,” Joshi said. “Similarly, creating a safer online environment for customers will also attract more investments in e-markets here,” he added.</div>
<div>
</div>
</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-12',
'modified' => '2013-08-12',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion.',
'sortorder' => '1455',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '137',
'name' => 'Lead take',
'parentOf' => '104',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:34'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1594',
'hit' => '373'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/'
$user = null
$groupId = null
include - APP/View/Articles/view.ctp, line 116
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Global Ecommerce To Top $1.2 Tn, Driven By Asia-Pacific Growth
4 min 11 sec to read
Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion. The Asia-Pacific region is driving ecommerce growth more than any other, and is expected to outpace the rest of the world at 23 percent growth over last year. China and Indonesia are leading the region’s growth. “Asia-Pacific already accounts for nearly a third of all B2C ecommerce sales in the world, a share of the total just below North America’s. Next year, Asia-Pacific will lead all regions in share of the worldwide total spent online,” the study asserted.
Indonesia is expected to see ecommerce growth up 65 percent compared to 2012. China is up 71 percent over last year. Comparatively, the U.S. expects only a 12 percent rise in ecommerce by the end of the year.
While the Asia-Pacific leads in growth, North America maintains its lead in actual sales. North America spent $373 billion in 2012, which is expected to rise to $420 billion in 2013. The Asia-Pacific spent $316 billion in 2012 and eMarketer anticipates $389 billion to be spent this year. However, the Asia-Pacific is set to overcome the reigning top spender by the end of next year. While North America is expected to have $469 billion in sales for 2014, the Asia-Pacific will take the lead at $502 billion. The gap will widen even further by 2016 – with the Asia-Pacific expected to spend $708 billion versus North America’s $580 billion.
The study also indicated that more web users in the Asia-Pacific are embracing online shopping. “Ecommerce sales growth will be supported by an estimated 1.03 billion digital buyers around the world this year, 44.4% of whom will be in Asia-Pacific. China alone will boast 269.4 million digital buyers this year—a figure that includes internet users ages 14 and older who make at least one purchase via any digital channel during the calendar year. The US remains the country with the second-largest number of digital buyers, at 155.7 million this year,” the study claimed. The study concludes that many web users in the Asia-Pacific who previously weren’t buying online will decrease this year. eMarketer expects penetration to increase in China, from 40 percent last year to a projected 71 percent of internet users by 2017. Current digital buyer penetration in the U.S. is just slightly above that projection currently at 72 percent.
“There is still significant room for growth, though, in developing markets where many internet users are still not buying online. Western Europe and North America are the only regions in the world where a majority of the online population is also a digital buyer,” said the study. As countries like China increase its wealth, it becomes inevitable that more of its citizens will be connected to the web. It is logical to assume that many of those Internet users will discover the advantages (and disadvantages) of buying online.
E-markets in Nepal on the Rise
E-commerce market in Nepal emerged about a decade ago. Kick-started through gift-sending and bill payment services through online portals, the market went on to expand due to increasing purchasing power among Nepali consumers. Online shopping revenues have witnessed fast paced growth as the number of internet users in Nepal continues to rise. The domestic e-commerce market has now expanded into various segments such as online shopping, e-banking, mobile commerce, electronic cash transfers and e-ticketing. Time and money saving hassle-free services are seen to be the main factors in attracting internet users to online markets.
Annual online transactions in Nepal are estimated to be around Rs 10 billion, although an official figure is not available. Many online shopping websites have emerged since the inception of e-commerce in Nepal. Muncha.com, Thamel.com, Harilo.com, Yeskantipur.com, Metrotarkari.com, Foodmandu.com, Bhatbhatenionline.com and Nepbay.com are some of the popular websites among Nepali online shoppers. Some of these sell their own products whereas others deliver from global sites such as eBay and Amazon. Nepali shoppers have the option to buy products ranging from groceries and fresh vegetables to cars from online portals.
However, lack of a clear policy is hindering the growth of online markets here. “The government has not helped the domestic e-commerce market and neither obstructed it,” says Balkrishna Joshi, the CEO of Thamel.com. According to Joshi, the e-commerce market in Nepal is facing problems in the bill payment system. “Establishing a central payment gateway will solve this problem, the central bank and concerned authorities should look into this,” Joshi said. “Similarly, creating a safer online environment for customers will also attract more investments in e-markets here,” he added.
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1594',
'article_category_id' => '137',
'title' => 'Global Ecommerce To Top $1.2 Tn, Driven By Asia-Pacific Growth',
'sub_title' => '',
'summary' => null,
'content' => '<div>
</div>
<div>
Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion. The Asia-Pacific region is driving ecommerce growth more than any other, and is expected to outpace the rest of the world at 23 percent growth over last year. China and Indonesia are leading the region’s growth. “Asia-Pacific already accounts for nearly a third of all B2C ecommerce sales in the world, a share of the total just below North America’s. Next year, Asia-Pacific will lead all regions in share of the worldwide total spent online,” the study asserted.</div>
<div>
</div>
<div>
Indonesia is expected to see ecommerce growth up 65 percent compared to 2012. China is up 71 percent over last year. Comparatively, the U.S. expects only a 12 percent rise in ecommerce by the end of the year.</div>
<div>
</div>
<div>
While the Asia-Pacific leads in growth, North America maintains its lead in actual sales. North America spent $373 billion in 2012, which is expected to rise to $420 billion in 2013. The Asia-Pacific spent $316 billion in 2012 and eMarketer anticipates $389 billion to be spent this year. However, the Asia-Pacific is set to overcome the reigning top spender by the end of next year. While North America is expected to have $469 billion in sales for 2014, the Asia-Pacific will take the lead at $502 billion. The gap will widen even further by 2016 – with the Asia-Pacific expected to spend $708 billion versus North America’s $580 billion.</div>
<div>
</div>
<div>
The study also indicated that more web users in the Asia-Pacific are embracing online shopping. “Ecommerce sales growth will be supported by an estimated 1.03 billion digital buyers around the world this year, 44.4% of whom will be in Asia-Pacific. China alone will boast 269.4 million digital buyers this year—a figure that includes internet users ages 14 and older who make at least one purchase via any digital channel during the calendar year. The US remains the country with the second-largest number of digital buyers, at 155.7 million this year,” the study claimed. The study concludes that many web users in the Asia-Pacific who previously weren’t buying online will decrease this year. eMarketer expects penetration to increase in China, from 40 percent last year to a projected 71 percent of internet users by 2017. Current digital buyer penetration in the U.S. is just slightly above that projection currently at 72 percent.</div>
<div>
</div>
<div>
“There is still significant room for growth, though, in developing markets where many internet users are still not buying online. Western Europe and North America are the only regions in the world where a majority of the online population is also a digital buyer,” said the study. As countries like China increase its wealth, it becomes inevitable that more of its citizens will be connected to the web. It is logical to assume that many of those Internet users will discover the advantages (and disadvantages) of buying online.</div>
<div>
</div>
<div>
<hr />
<div>
<strong><span style="font-size:14px;">E-markets in Nepal on the Rise</span></strong></div>
<div>
</div>
<div>
E-commerce market in Nepal emerged about a decade ago. Kick-started through gift-sending and bill payment services through online portals, the market went on to expand due to increasing purchasing power among Nepali consumers. Online shopping revenues have witnessed fast paced growth as the number of internet users in Nepal continues to rise. The domestic e-commerce market has now expanded into various segments such as online shopping, e-banking, mobile commerce, electronic cash transfers and e-ticketing. Time and money saving hassle-free services are seen to be the main factors in attracting internet users to online markets. </div>
<div>
</div>
<div>
Annual online transactions in Nepal are estimated to be around Rs 10 billion, although an official figure is not available. Many online shopping websites have emerged since the inception of e-commerce in Nepal. Muncha.com, Thamel.com, Harilo.com, Yeskantipur.com, Metrotarkari.com, Foodmandu.com, Bhatbhatenionline.com and Nepbay.com are some of the popular websites among Nepali online shoppers. Some of these sell their own products whereas others deliver from global sites such as eBay and Amazon. Nepali shoppers have the option to buy products ranging from groceries and fresh vegetables to cars from online portals. </div>
<div>
</div>
<div>
However, lack of a clear policy is hindering the growth of online markets here. “The government has not helped the domestic e-commerce market and neither obstructed it,” says Balkrishna Joshi, the CEO of Thamel.com. According to Joshi, the e-commerce market in Nepal is facing problems in the bill payment system. “Establishing a central payment gateway will solve this problem, the central bank and concerned authorities should look into this,” Joshi said. “Similarly, creating a safer online environment for customers will also attract more investments in e-markets here,” he added.</div>
<div>
</div>
</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-12',
'modified' => '2013-08-12',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion.',
'sortorder' => '1455',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '137',
'name' => 'Lead take',
'parentOf' => '104',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:34'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1594',
'article_category_id' => '137',
'title' => 'Global Ecommerce To Top $1.2 Tn, Driven By Asia-Pacific Growth',
'sub_title' => '',
'summary' => null,
'content' => '<div>
</div>
<div>
Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion. The Asia-Pacific region is driving ecommerce growth more than any other, and is expected to outpace the rest of the world at 23 percent growth over last year. China and Indonesia are leading the region’s growth. “Asia-Pacific already accounts for nearly a third of all B2C ecommerce sales in the world, a share of the total just below North America’s. Next year, Asia-Pacific will lead all regions in share of the worldwide total spent online,” the study asserted.</div>
<div>
</div>
<div>
Indonesia is expected to see ecommerce growth up 65 percent compared to 2012. China is up 71 percent over last year. Comparatively, the U.S. expects only a 12 percent rise in ecommerce by the end of the year.</div>
<div>
</div>
<div>
While the Asia-Pacific leads in growth, North America maintains its lead in actual sales. North America spent $373 billion in 2012, which is expected to rise to $420 billion in 2013. The Asia-Pacific spent $316 billion in 2012 and eMarketer anticipates $389 billion to be spent this year. However, the Asia-Pacific is set to overcome the reigning top spender by the end of next year. While North America is expected to have $469 billion in sales for 2014, the Asia-Pacific will take the lead at $502 billion. The gap will widen even further by 2016 – with the Asia-Pacific expected to spend $708 billion versus North America’s $580 billion.</div>
<div>
</div>
<div>
The study also indicated that more web users in the Asia-Pacific are embracing online shopping. “Ecommerce sales growth will be supported by an estimated 1.03 billion digital buyers around the world this year, 44.4% of whom will be in Asia-Pacific. China alone will boast 269.4 million digital buyers this year—a figure that includes internet users ages 14 and older who make at least one purchase via any digital channel during the calendar year. The US remains the country with the second-largest number of digital buyers, at 155.7 million this year,” the study claimed. The study concludes that many web users in the Asia-Pacific who previously weren’t buying online will decrease this year. eMarketer expects penetration to increase in China, from 40 percent last year to a projected 71 percent of internet users by 2017. Current digital buyer penetration in the U.S. is just slightly above that projection currently at 72 percent.</div>
<div>
</div>
<div>
“There is still significant room for growth, though, in developing markets where many internet users are still not buying online. Western Europe and North America are the only regions in the world where a majority of the online population is also a digital buyer,” said the study. As countries like China increase its wealth, it becomes inevitable that more of its citizens will be connected to the web. It is logical to assume that many of those Internet users will discover the advantages (and disadvantages) of buying online.</div>
<div>
</div>
<div>
<hr />
<div>
<strong><span style="font-size:14px;">E-markets in Nepal on the Rise</span></strong></div>
<div>
</div>
<div>
E-commerce market in Nepal emerged about a decade ago. Kick-started through gift-sending and bill payment services through online portals, the market went on to expand due to increasing purchasing power among Nepali consumers. Online shopping revenues have witnessed fast paced growth as the number of internet users in Nepal continues to rise. The domestic e-commerce market has now expanded into various segments such as online shopping, e-banking, mobile commerce, electronic cash transfers and e-ticketing. Time and money saving hassle-free services are seen to be the main factors in attracting internet users to online markets. </div>
<div>
</div>
<div>
Annual online transactions in Nepal are estimated to be around Rs 10 billion, although an official figure is not available. Many online shopping websites have emerged since the inception of e-commerce in Nepal. Muncha.com, Thamel.com, Harilo.com, Yeskantipur.com, Metrotarkari.com, Foodmandu.com, Bhatbhatenionline.com and Nepbay.com are some of the popular websites among Nepali online shoppers. Some of these sell their own products whereas others deliver from global sites such as eBay and Amazon. Nepali shoppers have the option to buy products ranging from groceries and fresh vegetables to cars from online portals. </div>
<div>
</div>
<div>
However, lack of a clear policy is hindering the growth of online markets here. “The government has not helped the domestic e-commerce market and neither obstructed it,” says Balkrishna Joshi, the CEO of Thamel.com. According to Joshi, the e-commerce market in Nepal is facing problems in the bill payment system. “Establishing a central payment gateway will solve this problem, the central bank and concerned authorities should look into this,” Joshi said. “Similarly, creating a safer online environment for customers will also attract more investments in e-markets here,” he added.</div>
<div>
</div>
</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-12',
'modified' => '2013-08-12',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion.',
'sortorder' => '1455',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '137',
'name' => 'Lead take',
'parentOf' => '104',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:34'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1594',
'hit' => '373'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1594',
'article_category_id' => '137',
'title' => 'Global Ecommerce To Top $1.2 Tn, Driven By Asia-Pacific Growth',
'sub_title' => '',
'summary' => null,
'content' => '<div>
</div>
<div>
Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion. The Asia-Pacific region is driving ecommerce growth more than any other, and is expected to outpace the rest of the world at 23 percent growth over last year. China and Indonesia are leading the region’s growth. “Asia-Pacific already accounts for nearly a third of all B2C ecommerce sales in the world, a share of the total just below North America’s. Next year, Asia-Pacific will lead all regions in share of the worldwide total spent online,” the study asserted.</div>
<div>
</div>
<div>
Indonesia is expected to see ecommerce growth up 65 percent compared to 2012. China is up 71 percent over last year. Comparatively, the U.S. expects only a 12 percent rise in ecommerce by the end of the year.</div>
<div>
</div>
<div>
While the Asia-Pacific leads in growth, North America maintains its lead in actual sales. North America spent $373 billion in 2012, which is expected to rise to $420 billion in 2013. The Asia-Pacific spent $316 billion in 2012 and eMarketer anticipates $389 billion to be spent this year. However, the Asia-Pacific is set to overcome the reigning top spender by the end of next year. While North America is expected to have $469 billion in sales for 2014, the Asia-Pacific will take the lead at $502 billion. The gap will widen even further by 2016 – with the Asia-Pacific expected to spend $708 billion versus North America’s $580 billion.</div>
<div>
</div>
<div>
The study also indicated that more web users in the Asia-Pacific are embracing online shopping. “Ecommerce sales growth will be supported by an estimated 1.03 billion digital buyers around the world this year, 44.4% of whom will be in Asia-Pacific. China alone will boast 269.4 million digital buyers this year—a figure that includes internet users ages 14 and older who make at least one purchase via any digital channel during the calendar year. The US remains the country with the second-largest number of digital buyers, at 155.7 million this year,” the study claimed. The study concludes that many web users in the Asia-Pacific who previously weren’t buying online will decrease this year. eMarketer expects penetration to increase in China, from 40 percent last year to a projected 71 percent of internet users by 2017. Current digital buyer penetration in the U.S. is just slightly above that projection currently at 72 percent.</div>
<div>
</div>
<div>
“There is still significant room for growth, though, in developing markets where many internet users are still not buying online. Western Europe and North America are the only regions in the world where a majority of the online population is also a digital buyer,” said the study. As countries like China increase its wealth, it becomes inevitable that more of its citizens will be connected to the web. It is logical to assume that many of those Internet users will discover the advantages (and disadvantages) of buying online.</div>
<div>
</div>
<div>
<hr />
<div>
<strong><span style="font-size:14px;">E-markets in Nepal on the Rise</span></strong></div>
<div>
</div>
<div>
E-commerce market in Nepal emerged about a decade ago. Kick-started through gift-sending and bill payment services through online portals, the market went on to expand due to increasing purchasing power among Nepali consumers. Online shopping revenues have witnessed fast paced growth as the number of internet users in Nepal continues to rise. The domestic e-commerce market has now expanded into various segments such as online shopping, e-banking, mobile commerce, electronic cash transfers and e-ticketing. Time and money saving hassle-free services are seen to be the main factors in attracting internet users to online markets. </div>
<div>
</div>
<div>
Annual online transactions in Nepal are estimated to be around Rs 10 billion, although an official figure is not available. Many online shopping websites have emerged since the inception of e-commerce in Nepal. Muncha.com, Thamel.com, Harilo.com, Yeskantipur.com, Metrotarkari.com, Foodmandu.com, Bhatbhatenionline.com and Nepbay.com are some of the popular websites among Nepali online shoppers. Some of these sell their own products whereas others deliver from global sites such as eBay and Amazon. Nepali shoppers have the option to buy products ranging from groceries and fresh vegetables to cars from online portals. </div>
<div>
</div>
<div>
However, lack of a clear policy is hindering the growth of online markets here. “The government has not helped the domestic e-commerce market and neither obstructed it,” says Balkrishna Joshi, the CEO of Thamel.com. According to Joshi, the e-commerce market in Nepal is facing problems in the bill payment system. “Establishing a central payment gateway will solve this problem, the central bank and concerned authorities should look into this,” Joshi said. “Similarly, creating a safer online environment for customers will also attract more investments in e-markets here,” he added.</div>
<div>
</div>
</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-12',
'modified' => '2013-08-12',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion.',
'sortorder' => '1455',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '137',
'name' => 'Lead take',
'parentOf' => '104',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:34'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1594',
'article_category_id' => '137',
'title' => 'Global Ecommerce To Top $1.2 Tn, Driven By Asia-Pacific Growth',
'sub_title' => '',
'summary' => null,
'content' => '<div>
</div>
<div>
Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion. The Asia-Pacific region is driving ecommerce growth more than any other, and is expected to outpace the rest of the world at 23 percent growth over last year. China and Indonesia are leading the region’s growth. “Asia-Pacific already accounts for nearly a third of all B2C ecommerce sales in the world, a share of the total just below North America’s. Next year, Asia-Pacific will lead all regions in share of the worldwide total spent online,” the study asserted.</div>
<div>
</div>
<div>
Indonesia is expected to see ecommerce growth up 65 percent compared to 2012. China is up 71 percent over last year. Comparatively, the U.S. expects only a 12 percent rise in ecommerce by the end of the year.</div>
<div>
</div>
<div>
While the Asia-Pacific leads in growth, North America maintains its lead in actual sales. North America spent $373 billion in 2012, which is expected to rise to $420 billion in 2013. The Asia-Pacific spent $316 billion in 2012 and eMarketer anticipates $389 billion to be spent this year. However, the Asia-Pacific is set to overcome the reigning top spender by the end of next year. While North America is expected to have $469 billion in sales for 2014, the Asia-Pacific will take the lead at $502 billion. The gap will widen even further by 2016 – with the Asia-Pacific expected to spend $708 billion versus North America’s $580 billion.</div>
<div>
</div>
<div>
The study also indicated that more web users in the Asia-Pacific are embracing online shopping. “Ecommerce sales growth will be supported by an estimated 1.03 billion digital buyers around the world this year, 44.4% of whom will be in Asia-Pacific. China alone will boast 269.4 million digital buyers this year—a figure that includes internet users ages 14 and older who make at least one purchase via any digital channel during the calendar year. The US remains the country with the second-largest number of digital buyers, at 155.7 million this year,” the study claimed. The study concludes that many web users in the Asia-Pacific who previously weren’t buying online will decrease this year. eMarketer expects penetration to increase in China, from 40 percent last year to a projected 71 percent of internet users by 2017. Current digital buyer penetration in the U.S. is just slightly above that projection currently at 72 percent.</div>
<div>
</div>
<div>
“There is still significant room for growth, though, in developing markets where many internet users are still not buying online. Western Europe and North America are the only regions in the world where a majority of the online population is also a digital buyer,” said the study. As countries like China increase its wealth, it becomes inevitable that more of its citizens will be connected to the web. It is logical to assume that many of those Internet users will discover the advantages (and disadvantages) of buying online.</div>
<div>
</div>
<div>
<hr />
<div>
<strong><span style="font-size:14px;">E-markets in Nepal on the Rise</span></strong></div>
<div>
</div>
<div>
E-commerce market in Nepal emerged about a decade ago. Kick-started through gift-sending and bill payment services through online portals, the market went on to expand due to increasing purchasing power among Nepali consumers. Online shopping revenues have witnessed fast paced growth as the number of internet users in Nepal continues to rise. The domestic e-commerce market has now expanded into various segments such as online shopping, e-banking, mobile commerce, electronic cash transfers and e-ticketing. Time and money saving hassle-free services are seen to be the main factors in attracting internet users to online markets. </div>
<div>
</div>
<div>
Annual online transactions in Nepal are estimated to be around Rs 10 billion, although an official figure is not available. Many online shopping websites have emerged since the inception of e-commerce in Nepal. Muncha.com, Thamel.com, Harilo.com, Yeskantipur.com, Metrotarkari.com, Foodmandu.com, Bhatbhatenionline.com and Nepbay.com are some of the popular websites among Nepali online shoppers. Some of these sell their own products whereas others deliver from global sites such as eBay and Amazon. Nepali shoppers have the option to buy products ranging from groceries and fresh vegetables to cars from online portals. </div>
<div>
</div>
<div>
However, lack of a clear policy is hindering the growth of online markets here. “The government has not helped the domestic e-commerce market and neither obstructed it,” says Balkrishna Joshi, the CEO of Thamel.com. According to Joshi, the e-commerce market in Nepal is facing problems in the bill payment system. “Establishing a central payment gateway will solve this problem, the central bank and concerned authorities should look into this,” Joshi said. “Similarly, creating a safer online environment for customers will also attract more investments in e-markets here,” he added.</div>
<div>
</div>
</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-12',
'modified' => '2013-08-12',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion.',
'sortorder' => '1455',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '137',
'name' => 'Lead take',
'parentOf' => '104',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:34'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1594',
'hit' => '373'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
file not found!
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1594',
'article_category_id' => '137',
'title' => 'Global Ecommerce To Top $1.2 Tn, Driven By Asia-Pacific Growth',
'sub_title' => '',
'summary' => null,
'content' => '<div>
</div>
<div>
Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion. The Asia-Pacific region is driving ecommerce growth more than any other, and is expected to outpace the rest of the world at 23 percent growth over last year. China and Indonesia are leading the region’s growth. “Asia-Pacific already accounts for nearly a third of all B2C ecommerce sales in the world, a share of the total just below North America’s. Next year, Asia-Pacific will lead all regions in share of the worldwide total spent online,” the study asserted.</div>
<div>
</div>
<div>
Indonesia is expected to see ecommerce growth up 65 percent compared to 2012. China is up 71 percent over last year. Comparatively, the U.S. expects only a 12 percent rise in ecommerce by the end of the year.</div>
<div>
</div>
<div>
While the Asia-Pacific leads in growth, North America maintains its lead in actual sales. North America spent $373 billion in 2012, which is expected to rise to $420 billion in 2013. The Asia-Pacific spent $316 billion in 2012 and eMarketer anticipates $389 billion to be spent this year. However, the Asia-Pacific is set to overcome the reigning top spender by the end of next year. While North America is expected to have $469 billion in sales for 2014, the Asia-Pacific will take the lead at $502 billion. The gap will widen even further by 2016 – with the Asia-Pacific expected to spend $708 billion versus North America’s $580 billion.</div>
<div>
</div>
<div>
The study also indicated that more web users in the Asia-Pacific are embracing online shopping. “Ecommerce sales growth will be supported by an estimated 1.03 billion digital buyers around the world this year, 44.4% of whom will be in Asia-Pacific. China alone will boast 269.4 million digital buyers this year—a figure that includes internet users ages 14 and older who make at least one purchase via any digital channel during the calendar year. The US remains the country with the second-largest number of digital buyers, at 155.7 million this year,” the study claimed. The study concludes that many web users in the Asia-Pacific who previously weren’t buying online will decrease this year. eMarketer expects penetration to increase in China, from 40 percent last year to a projected 71 percent of internet users by 2017. Current digital buyer penetration in the U.S. is just slightly above that projection currently at 72 percent.</div>
<div>
</div>
<div>
“There is still significant room for growth, though, in developing markets where many internet users are still not buying online. Western Europe and North America are the only regions in the world where a majority of the online population is also a digital buyer,” said the study. As countries like China increase its wealth, it becomes inevitable that more of its citizens will be connected to the web. It is logical to assume that many of those Internet users will discover the advantages (and disadvantages) of buying online.</div>
<div>
</div>
<div>
<hr />
<div>
<strong><span style="font-size:14px;">E-markets in Nepal on the Rise</span></strong></div>
<div>
</div>
<div>
E-commerce market in Nepal emerged about a decade ago. Kick-started through gift-sending and bill payment services through online portals, the market went on to expand due to increasing purchasing power among Nepali consumers. Online shopping revenues have witnessed fast paced growth as the number of internet users in Nepal continues to rise. The domestic e-commerce market has now expanded into various segments such as online shopping, e-banking, mobile commerce, electronic cash transfers and e-ticketing. Time and money saving hassle-free services are seen to be the main factors in attracting internet users to online markets. </div>
<div>
</div>
<div>
Annual online transactions in Nepal are estimated to be around Rs 10 billion, although an official figure is not available. Many online shopping websites have emerged since the inception of e-commerce in Nepal. Muncha.com, Thamel.com, Harilo.com, Yeskantipur.com, Metrotarkari.com, Foodmandu.com, Bhatbhatenionline.com and Nepbay.com are some of the popular websites among Nepali online shoppers. Some of these sell their own products whereas others deliver from global sites such as eBay and Amazon. Nepali shoppers have the option to buy products ranging from groceries and fresh vegetables to cars from online portals. </div>
<div>
</div>
<div>
However, lack of a clear policy is hindering the growth of online markets here. “The government has not helped the domestic e-commerce market and neither obstructed it,” says Balkrishna Joshi, the CEO of Thamel.com. According to Joshi, the e-commerce market in Nepal is facing problems in the bill payment system. “Establishing a central payment gateway will solve this problem, the central bank and concerned authorities should look into this,” Joshi said. “Similarly, creating a safer online environment for customers will also attract more investments in e-markets here,” he added.</div>
<div>
</div>
</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-12',
'modified' => '2013-08-12',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion.',
'sortorder' => '1455',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '137',
'name' => 'Lead take',
'parentOf' => '104',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:34'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1594',
'article_category_id' => '137',
'title' => 'Global Ecommerce To Top $1.2 Tn, Driven By Asia-Pacific Growth',
'sub_title' => '',
'summary' => null,
'content' => '<div>
</div>
<div>
Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion. The Asia-Pacific region is driving ecommerce growth more than any other, and is expected to outpace the rest of the world at 23 percent growth over last year. China and Indonesia are leading the region’s growth. “Asia-Pacific already accounts for nearly a third of all B2C ecommerce sales in the world, a share of the total just below North America’s. Next year, Asia-Pacific will lead all regions in share of the worldwide total spent online,” the study asserted.</div>
<div>
</div>
<div>
Indonesia is expected to see ecommerce growth up 65 percent compared to 2012. China is up 71 percent over last year. Comparatively, the U.S. expects only a 12 percent rise in ecommerce by the end of the year.</div>
<div>
</div>
<div>
While the Asia-Pacific leads in growth, North America maintains its lead in actual sales. North America spent $373 billion in 2012, which is expected to rise to $420 billion in 2013. The Asia-Pacific spent $316 billion in 2012 and eMarketer anticipates $389 billion to be spent this year. However, the Asia-Pacific is set to overcome the reigning top spender by the end of next year. While North America is expected to have $469 billion in sales for 2014, the Asia-Pacific will take the lead at $502 billion. The gap will widen even further by 2016 – with the Asia-Pacific expected to spend $708 billion versus North America’s $580 billion.</div>
<div>
</div>
<div>
The study also indicated that more web users in the Asia-Pacific are embracing online shopping. “Ecommerce sales growth will be supported by an estimated 1.03 billion digital buyers around the world this year, 44.4% of whom will be in Asia-Pacific. China alone will boast 269.4 million digital buyers this year—a figure that includes internet users ages 14 and older who make at least one purchase via any digital channel during the calendar year. The US remains the country with the second-largest number of digital buyers, at 155.7 million this year,” the study claimed. The study concludes that many web users in the Asia-Pacific who previously weren’t buying online will decrease this year. eMarketer expects penetration to increase in China, from 40 percent last year to a projected 71 percent of internet users by 2017. Current digital buyer penetration in the U.S. is just slightly above that projection currently at 72 percent.</div>
<div>
</div>
<div>
“There is still significant room for growth, though, in developing markets where many internet users are still not buying online. Western Europe and North America are the only regions in the world where a majority of the online population is also a digital buyer,” said the study. As countries like China increase its wealth, it becomes inevitable that more of its citizens will be connected to the web. It is logical to assume that many of those Internet users will discover the advantages (and disadvantages) of buying online.</div>
<div>
</div>
<div>
<hr />
<div>
<strong><span style="font-size:14px;">E-markets in Nepal on the Rise</span></strong></div>
<div>
</div>
<div>
E-commerce market in Nepal emerged about a decade ago. Kick-started through gift-sending and bill payment services through online portals, the market went on to expand due to increasing purchasing power among Nepali consumers. Online shopping revenues have witnessed fast paced growth as the number of internet users in Nepal continues to rise. The domestic e-commerce market has now expanded into various segments such as online shopping, e-banking, mobile commerce, electronic cash transfers and e-ticketing. Time and money saving hassle-free services are seen to be the main factors in attracting internet users to online markets. </div>
<div>
</div>
<div>
Annual online transactions in Nepal are estimated to be around Rs 10 billion, although an official figure is not available. Many online shopping websites have emerged since the inception of e-commerce in Nepal. Muncha.com, Thamel.com, Harilo.com, Yeskantipur.com, Metrotarkari.com, Foodmandu.com, Bhatbhatenionline.com and Nepbay.com are some of the popular websites among Nepali online shoppers. Some of these sell their own products whereas others deliver from global sites such as eBay and Amazon. Nepali shoppers have the option to buy products ranging from groceries and fresh vegetables to cars from online portals. </div>
<div>
</div>
<div>
However, lack of a clear policy is hindering the growth of online markets here. “The government has not helped the domestic e-commerce market and neither obstructed it,” says Balkrishna Joshi, the CEO of Thamel.com. According to Joshi, the e-commerce market in Nepal is facing problems in the bill payment system. “Establishing a central payment gateway will solve this problem, the central bank and concerned authorities should look into this,” Joshi said. “Similarly, creating a safer online environment for customers will also attract more investments in e-markets here,” he added.</div>
<div>
</div>
</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-12',
'modified' => '2013-08-12',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion.',
'sortorder' => '1455',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '137',
'name' => 'Lead take',
'parentOf' => '104',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:34'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1594',
'hit' => '373'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1594',
'article_category_id' => '137',
'title' => 'Global Ecommerce To Top $1.2 Tn, Driven By Asia-Pacific Growth',
'sub_title' => '',
'summary' => null,
'content' => '<div>
</div>
<div>
Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion. The Asia-Pacific region is driving ecommerce growth more than any other, and is expected to outpace the rest of the world at 23 percent growth over last year. China and Indonesia are leading the region’s growth. “Asia-Pacific already accounts for nearly a third of all B2C ecommerce sales in the world, a share of the total just below North America’s. Next year, Asia-Pacific will lead all regions in share of the worldwide total spent online,” the study asserted.</div>
<div>
</div>
<div>
Indonesia is expected to see ecommerce growth up 65 percent compared to 2012. China is up 71 percent over last year. Comparatively, the U.S. expects only a 12 percent rise in ecommerce by the end of the year.</div>
<div>
</div>
<div>
While the Asia-Pacific leads in growth, North America maintains its lead in actual sales. North America spent $373 billion in 2012, which is expected to rise to $420 billion in 2013. The Asia-Pacific spent $316 billion in 2012 and eMarketer anticipates $389 billion to be spent this year. However, the Asia-Pacific is set to overcome the reigning top spender by the end of next year. While North America is expected to have $469 billion in sales for 2014, the Asia-Pacific will take the lead at $502 billion. The gap will widen even further by 2016 – with the Asia-Pacific expected to spend $708 billion versus North America’s $580 billion.</div>
<div>
</div>
<div>
The study also indicated that more web users in the Asia-Pacific are embracing online shopping. “Ecommerce sales growth will be supported by an estimated 1.03 billion digital buyers around the world this year, 44.4% of whom will be in Asia-Pacific. China alone will boast 269.4 million digital buyers this year—a figure that includes internet users ages 14 and older who make at least one purchase via any digital channel during the calendar year. The US remains the country with the second-largest number of digital buyers, at 155.7 million this year,” the study claimed. The study concludes that many web users in the Asia-Pacific who previously weren’t buying online will decrease this year. eMarketer expects penetration to increase in China, from 40 percent last year to a projected 71 percent of internet users by 2017. Current digital buyer penetration in the U.S. is just slightly above that projection currently at 72 percent.</div>
<div>
</div>
<div>
“There is still significant room for growth, though, in developing markets where many internet users are still not buying online. Western Europe and North America are the only regions in the world where a majority of the online population is also a digital buyer,” said the study. As countries like China increase its wealth, it becomes inevitable that more of its citizens will be connected to the web. It is logical to assume that many of those Internet users will discover the advantages (and disadvantages) of buying online.</div>
<div>
</div>
<div>
<hr />
<div>
<strong><span style="font-size:14px;">E-markets in Nepal on the Rise</span></strong></div>
<div>
</div>
<div>
E-commerce market in Nepal emerged about a decade ago. Kick-started through gift-sending and bill payment services through online portals, the market went on to expand due to increasing purchasing power among Nepali consumers. Online shopping revenues have witnessed fast paced growth as the number of internet users in Nepal continues to rise. The domestic e-commerce market has now expanded into various segments such as online shopping, e-banking, mobile commerce, electronic cash transfers and e-ticketing. Time and money saving hassle-free services are seen to be the main factors in attracting internet users to online markets. </div>
<div>
</div>
<div>
Annual online transactions in Nepal are estimated to be around Rs 10 billion, although an official figure is not available. Many online shopping websites have emerged since the inception of e-commerce in Nepal. Muncha.com, Thamel.com, Harilo.com, Yeskantipur.com, Metrotarkari.com, Foodmandu.com, Bhatbhatenionline.com and Nepbay.com are some of the popular websites among Nepali online shoppers. Some of these sell their own products whereas others deliver from global sites such as eBay and Amazon. Nepali shoppers have the option to buy products ranging from groceries and fresh vegetables to cars from online portals. </div>
<div>
</div>
<div>
However, lack of a clear policy is hindering the growth of online markets here. “The government has not helped the domestic e-commerce market and neither obstructed it,” says Balkrishna Joshi, the CEO of Thamel.com. According to Joshi, the e-commerce market in Nepal is facing problems in the bill payment system. “Establishing a central payment gateway will solve this problem, the central bank and concerned authorities should look into this,” Joshi said. “Similarly, creating a safer online environment for customers will also attract more investments in e-markets here,” he added.</div>
<div>
</div>
</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-12',
'modified' => '2013-08-12',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion.',
'sortorder' => '1455',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '137',
'name' => 'Lead take',
'parentOf' => '104',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:34'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1594',
'article_category_id' => '137',
'title' => 'Global Ecommerce To Top $1.2 Tn, Driven By Asia-Pacific Growth',
'sub_title' => '',
'summary' => null,
'content' => '<div>
</div>
<div>
Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion. The Asia-Pacific region is driving ecommerce growth more than any other, and is expected to outpace the rest of the world at 23 percent growth over last year. China and Indonesia are leading the region’s growth. “Asia-Pacific already accounts for nearly a third of all B2C ecommerce sales in the world, a share of the total just below North America’s. Next year, Asia-Pacific will lead all regions in share of the worldwide total spent online,” the study asserted.</div>
<div>
</div>
<div>
Indonesia is expected to see ecommerce growth up 65 percent compared to 2012. China is up 71 percent over last year. Comparatively, the U.S. expects only a 12 percent rise in ecommerce by the end of the year.</div>
<div>
</div>
<div>
While the Asia-Pacific leads in growth, North America maintains its lead in actual sales. North America spent $373 billion in 2012, which is expected to rise to $420 billion in 2013. The Asia-Pacific spent $316 billion in 2012 and eMarketer anticipates $389 billion to be spent this year. However, the Asia-Pacific is set to overcome the reigning top spender by the end of next year. While North America is expected to have $469 billion in sales for 2014, the Asia-Pacific will take the lead at $502 billion. The gap will widen even further by 2016 – with the Asia-Pacific expected to spend $708 billion versus North America’s $580 billion.</div>
<div>
</div>
<div>
The study also indicated that more web users in the Asia-Pacific are embracing online shopping. “Ecommerce sales growth will be supported by an estimated 1.03 billion digital buyers around the world this year, 44.4% of whom will be in Asia-Pacific. China alone will boast 269.4 million digital buyers this year—a figure that includes internet users ages 14 and older who make at least one purchase via any digital channel during the calendar year. The US remains the country with the second-largest number of digital buyers, at 155.7 million this year,” the study claimed. The study concludes that many web users in the Asia-Pacific who previously weren’t buying online will decrease this year. eMarketer expects penetration to increase in China, from 40 percent last year to a projected 71 percent of internet users by 2017. Current digital buyer penetration in the U.S. is just slightly above that projection currently at 72 percent.</div>
<div>
</div>
<div>
“There is still significant room for growth, though, in developing markets where many internet users are still not buying online. Western Europe and North America are the only regions in the world where a majority of the online population is also a digital buyer,” said the study. As countries like China increase its wealth, it becomes inevitable that more of its citizens will be connected to the web. It is logical to assume that many of those Internet users will discover the advantages (and disadvantages) of buying online.</div>
<div>
</div>
<div>
<hr />
<div>
<strong><span style="font-size:14px;">E-markets in Nepal on the Rise</span></strong></div>
<div>
</div>
<div>
E-commerce market in Nepal emerged about a decade ago. Kick-started through gift-sending and bill payment services through online portals, the market went on to expand due to increasing purchasing power among Nepali consumers. Online shopping revenues have witnessed fast paced growth as the number of internet users in Nepal continues to rise. The domestic e-commerce market has now expanded into various segments such as online shopping, e-banking, mobile commerce, electronic cash transfers and e-ticketing. Time and money saving hassle-free services are seen to be the main factors in attracting internet users to online markets. </div>
<div>
</div>
<div>
Annual online transactions in Nepal are estimated to be around Rs 10 billion, although an official figure is not available. Many online shopping websites have emerged since the inception of e-commerce in Nepal. Muncha.com, Thamel.com, Harilo.com, Yeskantipur.com, Metrotarkari.com, Foodmandu.com, Bhatbhatenionline.com and Nepbay.com are some of the popular websites among Nepali online shoppers. Some of these sell their own products whereas others deliver from global sites such as eBay and Amazon. Nepali shoppers have the option to buy products ranging from groceries and fresh vegetables to cars from online portals. </div>
<div>
</div>
<div>
However, lack of a clear policy is hindering the growth of online markets here. “The government has not helped the domestic e-commerce market and neither obstructed it,” says Balkrishna Joshi, the CEO of Thamel.com. According to Joshi, the e-commerce market in Nepal is facing problems in the bill payment system. “Establishing a central payment gateway will solve this problem, the central bank and concerned authorities should look into this,” Joshi said. “Similarly, creating a safer online environment for customers will also attract more investments in e-markets here,” he added.</div>
<div>
</div>
</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-12',
'modified' => '2013-08-12',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'Independent market research firm eMarketer released a study claiming that business-to-consumer (B2C) ecommerce will increase by 17 percent globally in 2013, with worldwide sales expected to reach $1.2 trillion.',
'sortorder' => '1455',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '137',
'name' => 'Lead take',
'parentOf' => '104',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:34'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1594',
'hit' => '373'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
