For your business to be successful in Asia you need to have a strong understanding of the local culture in your chosen market. For example, respecting the sense of hierarchy that is prevelant in most Asian societies and toning down that Aussie directness can help immensely. Phil...
(Reuters) - Lehman Brothers Holdings Inc LEH hired Julian Cheong, a managing director at rival Goldman Sachs Group Inc GS, as co-head of its financial institutions group for Asia-Pacific, the Wall Street Journal said on Tuesday, citing people familiar with the...
Countries in disaster-prone regions need to manage their disaster risks with a long-term view, going beyond disaster reconstruction and relief. The heart of a country's strategy for managing disaster risk should not be loss-financing. Instead, it should be development enhancing to optimize post-loss funding capacity and budgetary discipline to protect...
The report provides a snapshot of the global property reinsurance industry at the onset of the 21st century. It focuses on major countries in Europe and North America as well as Australia, Japan, Latin America, and Southeast Asia - spanning more than 90 percent of the world catastrophe reinsurance market.
The Find: More than half of M&A deal-makers expressed significant interest in China, India and Southeast Asia despite their belief that risks in the region nearly equal those in Africa. The Source: "M&A Beyond Borders: Opportunities and Risks," commissioned...
Few companies have realized the goal of true supply chain flexibility like National Semiconductor, a leading global manufacturer of chips for the computer, communications and consumer markets. Each year National Semiconductor distributes billions of chips from its manufacturing facilities in Southeast Asia. Fast, reliable delivery and low distribution costs are...
Outsourcing Malaysia is a new joint initiative by several groups - the Association of the Computer and Multimedia Industry of Malaysia PIKOM, Multimedia Development Corp. MDC, and Malaysia Debt Ventures MDV - to position the country as an attractive location for Shared Services and Outsourcing SSO. But Malaysia is hardly...
Since Viet Nam started its transition from a centrally planned economy to a socialist-oriented market economy, many reforms have been implemented. The Foreign Investment Law signaled an important step toward Viet Nam's integration in the regional and international economic systems. The relatively low amount of foreign investment relative to other...
Short-selling differs significantly around the world, and practice depends not only on regulatory structure but upon costs and tax considerations. Our survey of world markets suggests that, while as much as 93 percent of the world's equity market by capitalization is shortable, there are particular regions of the world where...
Chandler Lutz submits:The Short Story China Medical Technologies CMED is a fast growing Chinese in-vitro diagnostic [IVD] company that possesses a compelling business model and low cost operations to take advantage of China’s continuing urbanization and rising incomes. This company has adept management and strong ties to various research...
By Saeed Azhar SINGAPORE (Reuters) - India and China saw bigger growth in the millionaire population last year than anywhere else, and wealth in the Asia-Pacific is expected to grow nearly 8 percent a year to 2012 despite a slowdown in the world...
While top executives see China as the biggest competitive threat on the globe and expect strong growth from the Middle Kingdom for years, they haven't done much to deal with the threat. These are the conclusions of a pair of surveys from McKinsey Co. Here are some...
Last year, Wal-Mart's PR Chief Leslie Dach commented that every crisis is an opportunity, and that the public responds to what a company actually does -- not what a press release suggests will occur. When it comes to labor conditions in foreign factories, Wal-Mart put its money where its mouth...
When Should I Gift the Customer?Gifts...Here are a couple of data points, based only on my experience:The rules outside the U.S. vary. In Ireland, where I just spent two weeks on business, gift giving of any sort to a prospect is most often forbidden. When I worked in...
By Matt Cowan and Adrian Bathgate LONDON/WELLINGTON (Reuters UK) - Apple's AAPL new iPhone made its hotly awaited debut on Friday, with buyers storming stores in Asia and queues forming in European cities. Sales of the device, which combines a music and video player, cellphone and...
By Bill Berkrot and Martha Graybow NEW YORK (Reuters) - Former New York Stock Exchange chief Richard Grasso won a knockout victory on Tuesday in his four-year fight to keep every last penny of his $187.5 million pay package, as an appeals court...
By Sachi Izumi and Adrian Bathgate TOKYO/WELLINGTON (Reuters UK) - Apple's new iPhone made a glitzy debut on Friday as frenetic buyers in New Zealand and Japan, some of whom had camped in line for days, stormed outlets to get their hands on the gadget. The...
By Adrian Bathgate and Christine Kearney WELLINGTON/NEW YORK (Reuters) - Apple Inc's AAPL new iPhone made its hotly awaited debut on Friday with buyers storming stores in Asia and queues forming in Europe, although network problems marred the launch in the United States....
Relatively stable and foreigner-friendly, these growing mid-size markets offer expansion opportunities in regions less vulnerable to the current global economic slowdown. .expansionPic { width:324px; float:right; margin:0px 0 10px 10px; padding:5px 5px 0; background:#edece7; border:1px solid #d4d4d4; } * html .expansionPic { display:inline; margin-top:20px;} .expansionPic p...
The Gold Report submits: In this exclusive interview with The Gold Report, Bob Quartermain takes an in-depth look at the silver market. He explains why he believes silver prices will continue to rise and tells us where to look for good values. Quartermain is the president and CEO of Silver...