April Wu

China Market Strategy

October 4, 2016

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Retail News Roundup – Oct 4

The top 5 retail news clips in Asia this week.

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. >>

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April Wu

China Market Strategy

September 21, 2016

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Banking News This Week – Sep 21

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

1 – Malaysian banks spur Cambodia’s growth

Malaysian banks like Public Bank and Maybank are reaping good profits from their foray into Cambodia, including offering affordable housing loans that is strict in Malaysia at present. >>

2 – Shinhan Bank starts operation in Myanmar as first Korean bank

Shinhan said on Sept. 20 that it has opened its Yangon branch in Myanmar to start its operation for customers for the first time as a Korean Bank. >>

3 – Banks, telco regulator create five step m-banking security plan for Thailand

The National Broadcasting and Telecommunications Commission (NBTC) hosted a meeting with representatives from the Bank of Thailand, the Thai Bankers Association and the Telecommunications Association of Thailand. The participants have agreed on a five-step plan to tighten Know Your Customer (KYC) rules to increase confidence in eBanking and mobile banking in the run up to the launch of Thailand’s Promptpay national mobile payments system. >>

4 – How PH can keep up with Asean neighbors

The Philippines would need to improve infrastructure, facilitate ease of doing business, streamline government services, and cut red tape to attract more foreign investors into the country. >>

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April Wu

China Market Strategy

September 20, 2016

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Retail News Roundup – Sep 20

The top 5 retail news clips in Asia this week.

1 – Zara enters Vietnam with first store at Ho Chi Minh City’s Vincom Center

Zara opens its doors to its first store in Vietnam at Ho Chi Minh City’s Vincom Center. >>

2 – In Japan, department stores pin hopes on ‘around 50’ generation

Major department stores are focusing on fashion for customers who are around 50 years old, developing their own brands in the hope of boosting sluggish clothing sales. >>

3 – Mobile World Vietnam ousted from Big C

Vietnam’s largest phone retail chain, Mobile World has reportedly been asked to close its 22 outlets located inside Big C hypermarket stores. >>

4 – Final bids in for McDonald’s China business

Final bids are in from at least three groups bidding for the McDonald’s China and Hong Kong business. >>

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April Wu

China Market Strategy

September 7, 2016

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Banking News This Week – Sep 7

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

1 – CIMB gets licence to start banking business in Vietnam

CIMB Group Holdings Bhd has been granted an operating licence to start a banking business in Vietnam. >>

2 – Partnering with fintech start-ups a win-win solution: UOB

Fintech start-up applications could efficiently fill gaps in financial services that banks were unable to work on, such as unbankable small and medium enterprises (SMEs). >>

3 – Indonesia : Integration scheme to ease e-payments

Consumers want to conduct daily payments cheaply and without hassle, presenting regulators with the task of ensuring that each player in the banking and IT sectors works together for the benefit of consumers. >>

4 – Japanese banks eye Africa

KYODO – THE three mega-banks said they will expand their businesses in Africa, following Prime Minister Shinzo Abe’s pledge last weekend to bolster measures to boost investment in the resource-rich continent. >>

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April Wu

China Market Strategy

September 6, 2016

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Retail News Roundup – Sep 6

The top 5 retail news clips in Asia this week.

1 – Alibaba to take stake in Yum China

Yum! Brands has agreed with two partners to invest $460 million into Yum China, following its spinoff from the American fast-food giant. >>

2 – Mall of Korea plans more shopping malls in Thailand

THE MALL OF KOREA (MOK), a group of Korean entertainment companies, is set to expand its business in Thailand, beginning with a new shopping mall at Show DC, scheduled to open its doors in November. >>

3 – China’s V-Grass to buy Korean youth fashion brand Teenie Weenie for nearly $900 million

South Korea apparel and retail firm E-Land Group is selling a youth clothing brand to China’s V-Grass Fashion Co Ltd (603518.SS) for nearly $900 million, cashing in on a boom in Korean fashion and cosmetics China to raise funds to cut debt. >>

4 – HappyFresh slams door on Philippines

While announcing it has raised series-B funding for an undisclosed amount, Jakarta-based grocery delivery platform HappyFresh has revealed that it is pulling out of the Philippines and Taiwan. >>

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