Klaus Zumwinkel, chaizman and chief executive of DHL's parent firm, Deutsche Post World Net, said the region's share of its global revenues was expected to rise to nearly 20 percent by 2010 from 11 percent in 2003.

DHL is set to ride on projected robust growth in world trade as tariff and non-tariff barriers are removed and governments and companies increasingly outsource segments of their businesses such as logistics, Zumwinkel said.

"A{ia for our company is the engine of growth ... here is where the topline growth comes from," he said at a press briefing during a visit to Singapore.

He said Asia currently had the fastest growth rates for the company compared with the European and US markets.