April Wu

China Market Strategy

Banking News This Week – Oct 7

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

1 – Mobile phones a boon for Tanzanian women in business

Two-thirds of Tanzanians own a phone, but only four in 10 women are phone owners, according to government data. >>

2 – Philippine banks lead in retail financial services

Asia Pacific’s retail financial services market will be worth $824 billion by 2020. Increasing consumption and improved access to financial services in combination with mobile banking technologies, will be key catalysts in driving retail banking income between 2015 and 2020. >>

3 – Are 15 banks enough for Vietnam?

Many commercial banks have merged in the last few years in a bank restructuring programme initiated by the State Bank, which has led to a significant decrease in the number of commercial banks in Vietnam. >>

4 – Omnichannel in emerging nations holds omni-clues

Useful to U.S. financial institutions as a mirror to their own strategic plans, a study covering 15 emerging countries in Asia, Middle East, and European markets highlights the growing focus on omnichannel adoption. >>

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April Wu

China Market Strategy

Retail News Roundup – Oct 6

The top 5 retail news clips in Asia this week.

1 – Carrefour launches 3rd Easy Carrefour store in Shanghai, to add 7 more by year end

Easy Carrefour aims to offer convenience store services for Chinese consumers as well as provide diversified retail channels. >>

2 – Japanese eyeglass retailer Owndays to open 100 shops over next 5 years

Japanese eyeglass retailer Owndays is going to expand its business operations in Southeast Asian countries by opening 100 shops over the next five years. >>

3 – Amazon launches Uber-style delivery service

Amazon US has launched a new delivery service based on the Uber concept. Flex is a new means of the company making urgent deliveries to online shoppers. It is being launched on a trial basis in Seattle. >>

4 – Clarks Originals steps out across China

Global British shoe brand Clarks will give its iconic classics a dedicated showcase with the launch of 10 standalone Clarks Originals stores in China during the next year. >>

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April Wu

China Market Strategy

Banking News This Week – Sep 30

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

1 – Sending cash home: mobile money is a gamechanger

With more mobile money accounts than bank accounts in Burundi, the country is a good testing ground for trialling remittances by mobile. >>

2 – Kenyans can now buy government bonds through their cellphones

Kenyan retail investors will be able to buy government bonds and receive interest through their mobile wallets, under a new government initiative, ‘M-Akiba’. >>

3 – Global consumer survey: 68 percent of respondents not using mobile financial services

A new global survey around mobile financial services (MFS) revealed that more than 68 percent of the respondents have yet to use mobile financial services, and that new innovative solutions for savings, loans, and insurance will drive the next phase of mobile financial services growth across emerging and mature markets. >>

4 – Going for alternate mobile money channels

Banks are abandoning telecommunication networks to create alternate channels to support mobile money platforms and give subscribers value for their money. This new digital platform may define the success of mobile payment in future without involving telcos. >>

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April Wu

China Market Strategy

Banking News This Week – Sep 23

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

1 – Asia at the epicentre of the digital banking shakeup

The rise of the digitally-savvy customer with more sophisticated expectations is also driving change in the way banking as a service is consumed. >>

2 – Malaysia Banking : Staff cuts gather momentum

As economic growth slows, and uncertainties caused by falling commodity prices mount, heads have begun to roll at Malaysian banks. >>

3 – Analysis: Omnichannel, a future for Indonesia banking industry

With omnichannel, bank provides seamless, consistent and unified information on different channels, therefore consumer will experience the same services regardless their selected channels. >>

4 – Philippines : Over 200 new bank branches open in Q2

The Bangko Sentral ng Pilipinas (BSP) has given major banks as well as thrift, rural, and cooperative banks the green light to open more than to 200 branches nationwide in the second quarter of the year. >>

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April Wu

China Market Strategy

Retail News Roundup – Sep 22

The top 5 retail news clips in Asia this week.

1 – Apple retailer iBox to focus on regional markets

iBox, one of Indonesia’s largest resellers of Apple products, plans to open six more retail stores by the end of 2015, mostly focusing on regional areas that are potential markets for Apple products. >>

2 – Lacoste to expand stores at airports in India

French sportswear major Lacoste is looking to tap air travellers by opening more outlets at airports in major cities in India. >>

3 – (Video interview)Under Armour CEO expects revenue to double by 2018

Despite the economic slowdown in China, Plank told CNBC’s “Power Lunch” he believes there is still an opportunity to expand to overseas markets, including Asia. >>

4 – Internet pushes malls into mobile era

China’s mall sector is accelerating into the mobile era because of the fast development of online technologies and rapidly changing consumer habits. >>

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