April Wu

China Market Strategy

Retail News Roundup – Oct 14

The top 5 retail news clips in Asia this week.

1 -Network planning can avoid shuttered stores

In high growth markets like those we experience across most Asian countries, Strategic Network Planning is an essential part of the process to ensure a great retail chain. If you are investing vast sums on new stores, surely you need a long term plan on where you wish to end up.>>

2 – Thailand’s IT retail chain listing to raise USD31m for ASEAN expansion

Comseven International Co, a leading IT retail chain, plans to list on the Stock Exchange of Thailand next year in order to raise funds to expand its ASEAN footprint. >>

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April Wu

China Market Strategy

Banking News This Week – Oct 1

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

1 -Alibaba wins licence for private bank in China

Chinese e-commerce company Alibaba Group has won approval from China’s bank regulator to launch a private commercial bank in its home city of Hangzhou. >>

2 – New challengers, and challenges, force banks to reinvent in the new age of the customer

News that Apple is upping its game in mobile payments serves as another reminder that traditional banks are increasingly under siege. Aside from managing a growing mountain of regulatory requirements and escalating margin pressures, financial institutions face the emergence of formidable competitors, often from companies in the retail and communications sectors that haven’t traditionally operated in this space.  >>

3 – Kenya’s economy joins Africa’s top 10

Nairobi – Kenya’s gross domestic product was estimated to be 25 percent bigger after the authorities changed the base calculation year to 2009 from 2001, sending the east African nation into the continent’s top 10 economies. >>

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April Wu

China Market Strategy

Banking News This Week – Sep 24

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

1 – ‘Dinosaur’ Private Banks Face Tech Threat, ABN Amro Says

Private banks that fail to embrace information technology and mobile services are at risk of becoming “dinosaurs,” says an executive at ABN Amro Group NV. >>

2 – DSWD, BPI Globe BankO try to achieve financial literacy for the poor

The Department of Social Welfare and Development (DSWD) is seeking to teach Filipinos the habit of saving through its sustainable livelihood program (SLP) and the financial literacy program of Bank of the Philippine Islands (BPI), Globe Telecom Inc. and mobile banking arm BankO. >>

3 – The brave new world of mobile banking

Let’s see how mobile has changed banking at a fundamental level. Firstly, of all known channels it affords the most direct and instantaneous connection between the bank and its customer. Secondly, it has raised the ante for the quality of software that a bank deploys – customer experience, performance and width of services have become critical. >>

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April Wu

China Market Strategy

Banking News This Week – Sep 17

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

1 – Apple Pay Won’t Replace Your Local Bank Branch, Analyst Says

The advent of Apple Pay doesn’t mean bank branches will go the way of video stores or the horse and buggy, says one prominent banking analyst. >>

2 – 8 Philippine banks make it to global rankings list

The SM group’s banking arm BDO Unibank Inc. has kept its bragging rights as the Philippines’ top bank in the Top 1,000 Global Banks Ranking 2014 report of British publication The Banker. >>

3 – Nigerian banks to design ways to remain competitive

According to a report by Afrinvest Research, the banking industry will be driven by a totally new set of dynamics as we proceed further into 2014 and beyond. Nigerian banks are forced to design ways to ride the tide and remain competitive within the industry. >>

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