April Wu

China Market Strategy

July 1, 2015

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Banking News This Week – Jul 1

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

banking news_cover

1 – Amazon’s Loan Program for Sellers Expands Into New Markets

Amazon.com Inc will launch its business loan program for small sellers later this year in eight more countries including China, where credit is becoming a key factor in competing for new vendors and grabbing market share. >>

2 – China Automated Teller Machine Industry Report, 2014-2018, Research In China

Global and Chinese ATM markets (2013-2014) present characteristics and trends as follows. >>

3 – Three Thai Banks Join IFC’s Microfinance Push in Cambodia

Three Thai banks have joined IFC’s US$65 million syndication loan to a Cambodian microfinance institute, to boost the access to funding of micro, small, and medium rural and agricultural enterprises, most of which are owned by women. >>

4 - Clients Big Winners in Africa’s Digital Banking Boom

Clients are now increasingly getting access to services of all types via mobile devices. Their expectations of how banks and other businesses serve them are increasingly set by digitally native technology players, like Alibaba and Apple. >>

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April Wu

China Market Strategy

June 30, 2015

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Retail News Roundup – Jun 30

The top 5 retail news clips in Asia this week.

Newspaper

1 – McDonald’s Aims to Sell Taiwan Stores, Expand China Franchise Business

McDonald’s Corp. is aiming to sell its stores in Taiwan to a franchise operator and expand its franchise business in China, as the company tries to turn around its fortunes in Asia and cut costs globally. >>

2 – Chinese Department Store Operators Partner With Li & Fung, to Open 300 Stores in 3 Years

BAILIAN Group Co and Wangfujing Department Store said they set up a 48 million yuan (US$7.7 million) joint venture with supply chain management and retail company Li & Fung Trading (China) Holding Ltd. >>

3 – New Alibaba Bank Targets SMEs

Chinese e-commerce behemoth Alibaba has launched an internet bank aimed at serving small businesses, which often struggle to obtain credit from large banks. >>

4 – 7-Eleven Malaysia Moves Upmarket

Listed retailer 7-Eleven Malaysia says it will open 200 new stores around the country this year – and refurbish 200 more. A third of those will be in the Klang Valley, the heart of greater Kuala Lumpur. >>

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April Wu

China Market Strategy

June 24, 2015

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Banking News This Week – Jun 24

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

banking news_cover

1 – Nigeria Determined to Increase Banking Population

Nigeria sets 2020 goal to have 80 per cent of its population financially included in the banking system. >>

2 – Uganda: Banks Partner Telecoms to Cope With Mobile Pressure

Ugandan banks seem to have realised the threat as more of them are partnering telecoms to swiftly roll out mobile banking products to boost their customer base and increase revenue streams. >>

3 – Krungsri Set For Corporate Expansion

Bank of Ayudhya or Krungsri, a member of Mitsubishi UFJ Financial Group (MUFG), has announced strategies to expand its corporate banking business with the aim of becoming the primary bank for its corporate clients by 2017. >>

4 - Foreign Banks Enter Vietnam

As Vietnam will integrate into the ASEAN Economic Community (AEC) in 2015, not only large corporations but also foreign banks plan to strengthen their presence or expand their scale in Vietnam. >>

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April Wu

China Market Strategy

June 23, 2015

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Retail News Roundup – Jun 23

The top 5 retail news clips in Asia this week.

Newspaper

1 – Hero to open more stores to boost revenues

Indonesia retail company PT Hero Supermarket (Hero) will spend up to Rp 640 billion (US$48 million) this year for business expansion with retail plans to open stores in several cities across the country. >>

2 – Samsung becomes largest single brand retailer with 2,100 stores

Korean electronics maker Samsung India Electronics said it has become the biggest chain of single brand stores in the country by opening 2,100 stores. >>

3 – Gap narrows for Chinese brands

Chinese brands are closing the gap with international brands as consumers become more concerned about product quality rather than the origin of the brands, according to a latest study. >>

4 – Coach heads to India

US fashion brand Coach is to enter India with exclusive retail stores. >>

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April Wu

China Market Strategy

June 17, 2015

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Banking News This Week – Jun 17

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

banking news_cover

1 – Asian banks see big business in Vietnam’s growing foreign sector

Foreign banks, especially those from Asia, are strengthening their foothold in Vietnam to cater to a growing number of multinational companies and crowd out local lenders. >>

2 – Bangkok Bank returns to Cambodia with opening of Phnom Penh branch

After a 14-year absence from Cambodia, Bangkok Bank (BBL) has launched a branch that it expects to break even in just two years. >>

3 – Vietnam’s OnOnPay launches mobile top-up service for Southeast Asia

As prepaid plans begin taking over the global mobile market, Hanoi-based OnOnPay launches to take on Thailand and Malaysia. >>

4 - The Philippines takes to banking without ATMs

Bank customers at ATM machines in the town of Santa Cruz, south of Manila. There were 217 million mobile phone transactions in the Philippines in 2013, worth $692 million a month, a 64 per cent rise in value from 2010. >>

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