April Wu

China Market Strategy

October 14, 2015

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Banking News This Week – Oct 14

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

banking news_cover

1 – Australia’s ANZ to expand in China as Asia strategy evolves

Australia and New Zealand Banking Group will expand its customer base in China and lengthen the tenure of loans to its top customers as part of the”evolution” of its Asia strategy. >>

2 – Foreign banks prepare for opportunity to open subsidiaries in India

The Royal Bank of Scotland (RBS) has joined a long line of international banks retrenching from India. However, Standard Chartered and HSBC both insist that their operations in Asia’s third-largest country are on a very different path. >>

3 – ‘E-payment channels’ security drives cash-less banking’

Cash-less banking thrives on convenience and security of the e-payment channels. Bank customers would use e-payment cards or cash, depending on which of them is convenient for them. >>

4 – Dubai eyes Africa’s “untapped” Islamic markets

Launched in association with the Economist Intelligence Unit (EIU) the highlights pointed to the growing demand in Kenya Ethiopia and South Africa markets for Islamic finance products and banking instruments in asset management and takaful sectors. >>

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April Wu

China Market Strategy

October 13, 2015

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Retail News Roundup – Oct 13

The top 5 retail news clips in Asia this week.

Newspaper

1 – Ikea to open 25 stores in India

The company had been sourcing products from India for 28 years but it is yet to open its first store in the country. At Rs 500 crore for each store, Ikea’s investment in 25 stores could be Rs 12,500 crore. >>

2 – Thailand:Lawson eyes fast expansion

Competition among convenience store chains is heating up as Japan’s Lawson says it will add more than 100 Lawson 108 outlets next year. >>

3 – Columbia Korea in aggressive expansion

US sportswear brand Columbia says it will expand its retail network in South Korea, part of a strategy to become one of the top three retailers in its category there by 2020. >>

4 – Karl Lagerfeld to go online in 97 markets

The move marks a dramatic expansion of the company’s current online strategy which is to partner with leading department store brands, such as Harvey Nichols and Harrods, and selected online-only retailers Stylebob.com, Luisviaroma.com and Zalando.com. >>

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April Wu

China Market Strategy

October 7, 2015

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Banking News This Week – Oct 7

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

banking news_cover

1 – Mobile phones a boon for Tanzanian women in business

Two-thirds of Tanzanians own a phone, but only four in 10 women are phone owners, according to government data. >>

2 – Philippine banks lead in retail financial services

Asia Pacific’s retail financial services market will be worth $824 billion by 2020. Increasing consumption and improved access to financial services in combination with mobile banking technologies, will be key catalysts in driving retail banking income between 2015 and 2020. >>

3 – Are 15 banks enough for Vietnam?

Many commercial banks have merged in the last few years in a bank restructuring programme initiated by the State Bank, which has led to a significant decrease in the number of commercial banks in Vietnam. >>

4 – Omnichannel in emerging nations holds omni-clues

Useful to U.S. financial institutions as a mirror to their own strategic plans, a study covering 15 emerging countries in Asia, Middle East, and European markets highlights the growing focus on omnichannel adoption. >>

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April Wu

China Market Strategy

October 6, 2015

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Retail News Roundup – Oct 6

The top 5 retail news clips in Asia this week.

Newspaper

1 – Carrefour launches 3rd Easy Carrefour store in Shanghai, to add 7 more by year end

Easy Carrefour aims to offer convenience store services for Chinese consumers as well as provide diversified retail channels. >>

2 – Japanese eyeglass retailer Owndays to open 100 shops over next 5 years

Japanese eyeglass retailer Owndays is going to expand its business operations in Southeast Asian countries by opening 100 shops over the next five years. >>

3 – Amazon launches Uber-style delivery service

Amazon US has launched a new delivery service based on the Uber concept. Flex is a new means of the company making urgent deliveries to online shoppers. It is being launched on a trial basis in Seattle. >>

4 – Clarks Originals steps out across China

Global British shoe brand Clarks will give its iconic classics a dedicated showcase with the launch of 10 standalone Clarks Originals stores in China during the next year. >>

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April Wu

China Market Strategy

September 30, 2015

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Banking News This Week – Sep 30

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

banking news_cover

1 – Sending cash home: mobile money is a gamechanger

With more mobile money accounts than bank accounts in Burundi, the country is a good testing ground for trialling remittances by mobile. >>

2 – Kenyans can now buy government bonds through their cellphones

Kenyan retail investors will be able to buy government bonds and receive interest through their mobile wallets, under a new government initiative, ‘M-Akiba’. >>

3 – Global consumer survey: 68 percent of respondents not using mobile financial services

A new global survey around mobile financial services (MFS) revealed that more than 68 percent of the respondents have yet to use mobile financial services, and that new innovative solutions for savings, loans, and insurance will drive the next phase of mobile financial services growth across emerging and mature markets. >>

4 – Going for alternate mobile money channels

Banks are abandoning telecommunication networks to create alternate channels to support mobile money platforms and give subscribers value for their money. This new digital platform may define the success of mobile payment in future without involving telcos. >>

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