April Wu

China Market Strategy

September 21, 2016

  • Tweet This
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Tweet This
  • Share by Email

Banking News This Week – Sep 21

The top 5 banking news stories in emerging markets this week.

banking news_cover

1 – Malaysian banks spur Cambodia’s growth

Malaysian banks like Public Bank and Maybank are reaping good profits from their foray into Cambodia, including offering affordable housing loans that is strict in Malaysia at present. >>

2 – Shinhan Bank starts operation in Myanmar as first Korean bank

Shinhan said on Sept. 20 that it has opened its Yangon branch in Myanmar to start its operation for customers for the first time as a Korean Bank. >>

3 – Banks, telco regulator create five step m-banking security plan for Thailand

The National Broadcasting and Telecommunications Commission (NBTC) hosted a meeting with representatives from the Bank of Thailand, the Thai Bankers Association and the Telecommunications Association of Thailand. The participants have agreed on a five-step plan to tighten Know Your Customer (KYC) rules to increase confidence in eBanking and mobile banking in the run up to the launch of Thailand’s Promptpay national mobile payments system. >>

4 – How PH can keep up with Asean neighbors

The Philippines would need to improve infrastructure, facilitate ease of doing business, streamline government services, and cut red tape to attract more foreign investors into the country. >>

Read the rest of this entry »

April Wu

China Market Strategy

September 20, 2016

  • Tweet This
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Tweet This
  • Share by Email

Retail News Roundup – Sep 20

The top 5 retail news clips in Asia this week.

Newspaper

1 – Zara enters Vietnam with first store at Ho Chi Minh City’s Vincom Center

Zara opens its doors to its first store in Vietnam at Ho Chi Minh City’s Vincom Center. >>

2 – In Japan, department stores pin hopes on ‘around 50′ generation

Major department stores are focusing on fashion for customers who are around 50 years old, developing their own brands in the hope of boosting sluggish clothing sales. >>

3 – Mobile World Vietnam ousted from Big C

Vietnam’s largest phone retail chain, Mobile World has reportedly been asked to close its 22 outlets located inside Big C hypermarket stores. >>

4 – Final bids in for McDonald’s China business

Final bids are in from at least three groups bidding for the McDonald’s China and Hong Kong business. >>

Read the rest of this entry »

April Wu

China Market Strategy

September 7, 2016

  • Tweet This
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Tweet This
  • Share by Email

Banking News This Week – Sep 7

The top 5 banking news stories in emerging markets this week.

banking news_cover

1 – CIMB gets licence to start banking business in Vietnam

CIMB Group Holdings Bhd has been granted an operating licence to start a banking business in Vietnam. >>

2 – Partnering with fintech start-ups a win-win solution: UOB

Fintech start-up applications could efficiently fill gaps in financial services that banks were unable to work on, such as unbankable small and medium enterprises (SMEs). >>

3 – Indonesia : Integration scheme to ease e-payments

Consumers want to conduct daily payments cheaply and without hassle, presenting regulators with the task of ensuring that each player in the banking and IT sectors works together for the benefit of consumers. >>

4 – Japanese banks eye Africa

KYODO – THE three mega-banks said they will expand their businesses in Africa, following Prime Minister Shinzo Abe’s pledge last weekend to bolster measures to boost investment in the resource-rich continent. >>

Read the rest of this entry »

April Wu

China Market Strategy

September 6, 2016

  • Tweet This
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Tweet This
  • Share by Email

Retail News Roundup – Sep 6

The top 5 retail news clips in Asia this week.

Newspaper

1 – Alibaba to take stake in Yum China

Yum! Brands has agreed with two partners to invest $460 million into Yum China, following its spinoff from the American fast-food giant. >>

2 – Mall of Korea plans more shopping malls in Thailand

THE MALL OF KOREA (MOK), a group of Korean entertainment companies, is set to expand its business in Thailand, beginning with a new shopping mall at Show DC, scheduled to open its doors in November. >>

3 – China’s V-Grass to buy Korean youth fashion brand Teenie Weenie for nearly $900 million

South Korea apparel and retail firm E-Land Group is selling a youth clothing brand to China’s V-Grass Fashion Co Ltd (603518.SS) for nearly $900 million, cashing in on a boom in Korean fashion and cosmetics China to raise funds to cut debt. >>

4 – HappyFresh slams door on Philippines

While announcing it has raised series-B funding for an undisclosed amount, Jakarta-based grocery delivery platform HappyFresh has revealed that it is pulling out of the Philippines and Taiwan. >>

Read the rest of this entry »

April Wu

China Market Strategy

August 24, 2016

  • Tweet This
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Tweet This
  • Share by Email

Banking News This Week – Aug 24

The top 5 banking news stories in emerging markets this week.

banking news_cover

1 – WATCH: Banking on Africa’s unbanked

Just one in five Africans have a bank account. This is an enormous opportunity for companies looking to bank the unbanked but it doesn’t come without a few challenges. >>

2 – 4 million unbanked Filipinos to benefit from credit scoring

Four million unbanked Filipinos are seen to benefit from the nascent credit scoring industry, a development that is seen to provide those at the bottom of the economy an easy access to credit once the service is available to the public. >>

3 – After rapid expansion, banks in Vietnam settle into stability

Many banks here have emerged much stronger from the NPLs(Non Performing Loans) crisis, with better risk management practices, improved systems, and stronger management. >>

4 – Krungsri committed to branch network growth

By assets, Krungsri is ranked the fifth-largest Thai bank, but its current number of branches, 644, is well behind the 1,100-1,200 at each of the top four banks: Bangkok Bank, Krungthai Bank, Siam Commercial Bank and Kasikornbank. >>

Read the rest of this entry »

Page 1 of 8712345...102030...Last »