April Wu

China Market Strategy

May 27, 2015

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Banking News This Week – May 27

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

1 – Mobile money transfers surge

The revolution spurred by mobile money transfer is in sharp contrast to a country teetering on the brink of collapse after inflation ravaged Zimbabwe’s currency. >>

2 – GTEasySavers: GTB targets 55m unbanked via Etisalat

In line with the Central Bank of Nigeria’s financial inclusion policy, Guaranty Trust Bank yesterday disclosed that it is partnering Etisalat Nigeria to reach 55 million adults who are yet to be banked. >>

3 – Unbanked and under-banked consumers are potential profitable segment for banks

According to Timetric’s Analyst, Amit Verma: “About two billion people across the world lack a bank account and more than one billion in the developing countries still use cash to pay their bills. Poverty, illiteracy, irregular income and complexities involved in opening a bank account compel them to depend upon alternative financial service providers. >>

4 – How long before transactional banking is dead in Africa?

The mobile money revolution that has encapsulated sub-Saharan Africa over the last decade is expected to disrupt the region’s financial sector further by totally wiping out brick and mortar transactional banking. >>

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April Wu

China Market Strategy

May 26, 2015

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Retail News Roundup – May 26

The top 5 retail news clips in Asia this week.

1 – McDonald’s Australia drops branding to take advantage of ‘local factor’

Anti-branding isn’t a new concept, but its power has been heightened thanks to more consumers wanting to support local businesses and know where their food comes from. >>

2 – Indonesia’s MPP to continue aggressive expansion this year

In 2014, Matahari Putra Prima grew with the widest store network of 107 hypermarkets, 21 supermarkets, 102 health and beauty outlets, and 37 convenience stores operating in more than 60 cities and 29 provinces across Indonesia. >>

3 – Starbucks, Spotify to enter music partnership

Starbucks and music streaming service Spotify plan to strike a music partnership that will give customers access to exclusive content. >>

4 – Burberry bemoans Greater China challenge

Greater China has put a dampener on the otherwise stellar success story of revamped luxury brand Burberry.>>

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April Wu

China Market Strategy

May 20, 2015

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Banking News This Week – May 19

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

1 – Kenya’s Equity Bank plans 10-nation Africa expansion

Kenya’s Equity Bank plans to enter 10 more African countries in the next decade, in addition to the five it already serves, by building operations from scratch or acquiring existing lenders. >>

2 – SCB embraces digital banking, seeks foreign strategic partners to cash in on AEC

SIAM COMMERCIAL BANK is increasingly embracing digital banking to build an attractive business that can retain all customer segments and to lure foreign strategic partners seeking to cash in on the Asean Economic Community. >>

3 – Rural areas need banks, banks need rural areas

Viet Nam’s banking activities are mostly performed in cities, and are largely not available in the countryside, where 70 per cent of the population lives. >>

4 – Are Nigerians unemployed or underemployed?

The discussion about unemployment in political debates around the world has finally landed in Nigeria. A lot of this was seen in the run-up to the 2015 presidential elections, with a considerable part of the fact-based debates anchored on jobs created as against jobs that could be created. >>

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April Wu

China Market Strategy

May 19, 2015

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Retail News Roundup – May 19

The top 5 retail news clips in Asia this week.

1 – INTERVIEW-Adidas emulates ‘fast fashion’ model to get back on trend

Battling new competition from fashion chains as well as traditional sportswear rivals, Adidas is eyeing the “fast fashion” model as a way of pepping up its three-striped ranges of tops, leggings and sneakers. >>

2 – Indonesian Online Marketplace Elevenia Sees Strong Growth in Transactions

Jakarta. Indonesia as an e-commerce paradise in just two years’ time may seem an idle dream to those who still struggle with connectivity as a massive burden in their lives. It is, however, an emerging reality for some of the people behind Indonesia’s growing online market ecosystem. >>

3 – Convenience store chains in Taiwan report lower earnings in 1Q

TAIPEI — Two major convenience store chains in Taiwan — President Chain Store Corp. (統一超商) and Taiwan FamilyMart Co. (全家) — suffered falls in their earnings for the first quarter, according to their financial statements filed with the Taiwan Stock Exchange. >>

4 – Chinese consumer brands keep position

TOP Chinese consumer brands secured their position by expanding into more geographical locations and offering new products, according to a latest study. >>

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April Wu

China Market Strategy

May 13, 2015

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Banking News This Week – May 13

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

1 – Banking Africa’s unbanked – Time for a reality check

According to the World Bank, today, 62 per cent of the world’s population has a bank account. In 2011 that figure was 51 per cent. In three years, 700 million people became “banked” in some way, and the number of “unbanked” individuals dropped 20 per cent to two billion adults. Much of this progress was attributed to mobile money. >>

2 – Da Nang may become ‘Singapore of Vietnam’

With an increasingly attractive business environment and developed information technology, Da Nang is on the way to realize its goal of becoming “Singapore of Vietnam”. >>

3 – FNB thrives in South Africa’s online banking secne

Specialist online marketing research agency, Columinate, released its fourth annual Internet Banking SITEisfaction survey. >>

4 – Buddhist Monk in Thailand Relies on Karma for Lending Success

Microlender sets interest according to borrower’s good deeds, avoids defaults with neighborly peer pressure. >>

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