April Wu

China Market Strategy

August 24, 2016

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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. >>

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April Wu

China Market Strategy

August 23, 2016

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Retail News Roundup – Aug 23

The top 5 retail news clips in Asia this week.

Newspaper

1 – H&M opens first store in Mumbai at High Street Phoenix

H&M opens first store in Mumbai at High Street Phoenix. >>

2 – Digital payments are shaking up Asia’s credit card industry

The shifting attitude of Asian consumers is upending the economics of the credit-card industry, and banks like Citigroup Inc., HSBC Holdings Plc and Standard Chartered Plc are taking note. >>

3 – Ikea Group China launching eCommerce trial

Swedish home furnishings retailer Ikea Group China will launch into eCommerce in Shanghai and start selling its products online within the next couple of weeks. >>

4 – 7-Eleven network hits 60,000 stores

Claimed to be the largest convenience retail chain in the world, the 7-Eleven network has just opened its 60,000th store. >>

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April Wu

China Market Strategy

August 18, 2016

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Banking News This Week – Aug 18

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

banking news_cover

1 – BI launches e-money program for Indonesian fishermen

Bank Indonesia (BI) has launched its own e-money specially designed for fishermen, named the “Lantera Card”, as part of an effort to expand non-cash transactions in Indonesia. >>

2 – Japan:Big banks lay groundwork for business growth in S.E. Asia

Major Japanese banks are strengthening their support for small and midsize enterprises seeking to exploit markets in Southeast Asian countries. >>

3 – Foreign banks make beeline for Vietnam

The number of foreign banks, especially from ASEAN member countries, to invest in Vietnam has been increasing rapidly in recent years with the opening up of the banking sector as part of the Government’s commitment to international integration. >>

4 – More Malaysian consumers embrace digital banking

Malaysia is experiencing a higher mobile and Internet banking adoption rate with only 12.5 per cent of consumers found to have never tried digital banking at least once, according to the findings of a survey undertaken by the Asian Institute of Finance (AIF). >>

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April Wu

China Market Strategy

August 16, 2016

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Retail News Roundup – Aug 16

The top 5 retail news clips in Asia this week.

Newspaper

1 – Lacoste to double POS options in India by 2021

French lifestyle brand Lacoste, known for its ‘crocodile’ logo polo T-shirts, has said that after a short period of lull, the company plans to again go for a major expansion in this country. It will be doubling its 50 point-of-sales (PoS) by 2021. >>

2 – Watsons stores lead 1000 openings for Hutchison

Hutchison said in its six month results released Friday it has added 257 stores to its global network already this year and 800 more would open by year-end. About two thirds of those will be Watson healthy and beauty outlets, mainly in China and Asia. >>

3 – McDonald’s M’sian franchise sale to accelerate growth

McDonald’s Corp’s plan to seek a master franchise partner for its restaurants in Malaysia and Singapore is part of a global effort to streamline operations by empowering local master franchisors to make faster business decisions and accelerate growth. >>

4 – Alibaba sales soar 59pc as Chinese continue shopping online despite slowing economy

Investments by e-commerce giant in media, entertainment and cloud computing also added to revenue. >>

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April Wu

China Market Strategy

August 9, 2016

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Retail News Roundup – Aug 9

The top 5 retail news clips in Asia this week.

Newspaper

1 – Under Armour’s 3 strategic steps to connect with consumers

On a recent earning call with press and analysts, Under Armour chairman and CEO Kevin Plank outlined some key strategic steps the brand is taking to reach more customers. >>

2 – Global 1000 spotlight: The top 10 e-retail players dominate

When accounting for the total value of merchandise sold on their websites, the largest online merchants own nearly half of the global online retail market. >>

3 – Hugo Boss China plans to cull more stores

The cull of Hugo Boss China stores will continue after a first round downsizing helped the German retailer’s bottom line. >>

4 – New Look to expand China network

Fast fashion retailer New Look is to expand its China store network. >>

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