5th uni apro commerce sector committee meeting 27 28 november 2005 bangkok thailand background report in asia pacific region contents overview 2 1 east 5 china taiwan 7 3 hong kong 8 4 korea 9 mongolia 10 6 japan 11 south 13 malaysia vietnam 14 indonesia 16 philippines 19 singapore 20 21 india oceania 23 australia note business has a long history which started with the market economy terms of function serving as bridge between producers and consumers however current drastically changed comparing one only twenty years ago it consists lots elements sub sectors called categories most businesses retail industry are family owned small enterprises but integration concentration have progressed past sixty global top 500 companies multinationals wholesale buying products from manufactures selling them to retailers is decreasing
