April Wu

China Market Strategy

Banking News This Week – Oct 19

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

banking news_cover

1 – Commercial Bank of Africa targets growth in SME market

The Commercial Bank of Africa (CBA) has introduced a revamped Business Banking proposition, aimed at strengthening the banks position in the Kshs. 807 trillion Small and Medium Enterprises (SME) market. >>

2 – Mobile banking users in Indonesia remains low

Research institute Microsave reported that only 0.73 percent of cellphone users in Indonesia have utilized online financial services. >>

3 – VN banks playing catch-up to online buyers

As the country moves toward deeper integration, banks are striving to improve their information and technology systems in order to catch up with new trends and to ensure customer safety. Globalization and interconnectivity come with information and technology risks. In addition, the presence of financial technology (fintech) also has reshaped the financial services sector. >>

4 – Payment solutions key to e-commerce success in the Philippines

While online retail has seen a boost with the popularity of e- and m-commerce channels, supporting business processes like payments must mature for e-commerce to be truly viable in the country. >>

Read the rest of this entry »

April Wu

China Market Strategy

Retail News Roundup – Oct 18

The top 5 retail news clips in Asia this week.

Newspaper

1 – S. Korea’s largest retailer joins hands with Sinar Mas Land in Indonesia

Jakarta. South Korea’s largest retailer, GS Retail, opened its first supermarket in Cibubur, East Jakarta, on Friday (07/10) in partnership with Indonesian property developer Sinar Mas Land, to target the country’s upper-middle class. >>

2 – Global duty free market will expand to US$64 billion by 2020, according to new analysis

The global duty free market is expected to expand to US$64 billion by 2020, according to research from Verdict Retail. >>

3 – China biggest buyer of Korean beauty products

China was the biggest buyer of Korean beauty products last year, grabbing almost half of the country’s cosmetics exports, according to Korea Health Industry Development Institute data. >>

4 – Yum China aims to triple outlets

Yum China, being spun off at the end of this month by Yum Brands Inc, says it can triple its number of restaurants.Yum Brands opened its foray into China with a KFC restaurant in Beijing in 1987. There are now more than 7300 KFC and Pizza Hut outlets. >>

Read the rest of this entry »

April Wu

China Market Strategy

Retail News Roundup – Oct 11

The top 5 retail news clips in Asia this week.

Newspaper

1 – Macy’s plans to launch an e-commerce site in China in 2017

Macy’s Inc. says it will launch a Chinese e-retail site in 2017 in order to increase its digital presence in the world’s largest e-commerce market. The department store chain announced the plan last week in Shanghai. >>

2 – Cath Kidston’s new owners are taking on Asia

The lifestyle brand has attained new ownership after its previous majority stakeholder TA Associates sold its shares to Baring Asia, who have now become the controlling majority stakeholders. >>

3 – Michael Kors banks on strategic plans, rising costs a worry

Michael Kors has been constantly deploying resources to expand its product offerings, open new stores, build shop-in-shops, and upgrade its information system and distribution infrastructure. >>

4 – TravelersBox rolling out in Asia

TravelersBox kiosks are being launched in Asian airports allowing travellers to deposit their leftover foreign coins into their preferred online accounts. >>

Read the rest of this entry »

April Wu

China Market Strategy

Banking News This Week – Oct 5

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

banking news_cover

1 – CIMB Bank gets licence to operate full subsidiary in Vietnam

CIMB Bank has obtained the licence to operate in Vietnam, and aims to start offering the full range of commercial and retail banking products in the country by December. >>

2 – Fintech adoption to increase soon, PwC partner says

Many Thai banks have been either doing business related to fintech or joining hands with fintech start-ups to provide customers a greater variety of financial products and services. >>

3 – Thailand Banking Industry Report – 2016

This report profiles Thailand’s banking industry, discussing market trends through the first half of 2016 and outlook for 2016 and beyond. The report also highlights leading players in the sector including Siam Commercial Bank (SCB), Bangkok Bank (BBL), Kasikorn Bank (KBANK), Krung Thai Bank (KTB), and Bank of Ayudhya (BAY). >>

4 – Vietnam: Australia’s fastest growing ASEAN trade partner

Vietnam is now Australia’s fastest growing trade partner in Southeast Asia as a result of the ASEAN Australia New Zealand free trade agreement (AANZFTA), according to a recent HSBC report. >>

Read the rest of this entry »

April Wu

China Market Strategy

Retail News Roundup – Oct 4

The top 5 retail news clips in Asia this week.

Newspaper

1 – China eyes Vietnam’s hundred-billion dollar retail market

Following Thai, Japanese and South Korean retailers flocking to Vietnam, Chinese investors are now jumping into the market. >>

2 – Boom in clothing and footwear retailing in China

The rising factor costs are a very big challenge in this price competitive market. To capture the large share of the market, manufacturers need to keep the price of their product as low as possible as if competitor’s price is lower than his price then he will lose all his market share. >>

3 – Alibaba to overtake Baidu to lead China’s digital advertising market

E-commerce juggernaut Alibaba will top China’s digital advertising market in 2016, surpassing current leader Baidu amid tighter internet advertising regulations which will likely put a dent in overall revenues. >>

4 – McDonald’s Philippines in massive expansion plan

Parent Alliance Global Group (AGI) says it will reach 500 outlets by the end of 2016 – and it plans to open another 400 restaurants between 2017 and 2020. >>

Read the rest of this entry »

Page 5 of 41« First...34567...102030...Last »