business

North Koreans in China are being ordered to return to Pyongyang in what many fear is the next stage of a purge of those associated with the executed senior bureaucrat Chang Sung Taek. Business people in border regions close to the Chinese cities of Dandong and Shenyang, as well as in the trading enclave of Macau, report that large numbers of North Korean traders were summoned home on Saturday amid concerns about their likely fate.

If you have a compelling start-up idea, the Chilean government will give you $40,000 to move there and build it. The Chilean embassy in your country will grant you a one-year visa within days. When you arrive in Chile, you’ll have free offices, fast Wi-Fi, unlimited coffee and croissants, and a community of intrepid friends. Not surprisingly, the Chilean program has received thousands of applications from entrepreneurs worldwide.

October 27, 2013

Abhijit Sanyal is sitting on a beach-chair watching frothy waves roll in from the Indian Ocean. He arrived in Tanzania a year ago after a career in his native India with Unilever, an Anglo-Dutch consumer-goods giant. ChemiCotex, an industrial company in Dar es Salaam, hired him as chief executive to oversee the expansion of its “tooth-and-nail business”, which dominates the Tanzanian market for dental care and metal goods.

For Africa, the period since mobile penetration figures became significant has been characterised by innovation and technology-driven value added services. These are increasingly being tailored to meet the spending and consumption needs of consumers. For example, Kenyan-based Safaricom's M-PESA has tapped into the "unbanked" portion of the population by taking advantage of the country's high mobile penetration levels.

The idea is to stimulate young entrepreneurs in both Africa and India and to build connections between them across the Indian Ocean. “We are trying to enter people’s minds and give them a better understanding of other cultures,” he elucidates.

September 28, 2012

The response to that Toyota in Tianjin and the Apple iPhone5 could not be more different. What links them, however, are the notion of "soft power" and the risks and rewards of being identified as one of a given nation's leading companies...

Manila has the "worst" brand value among 16 Asia-Pacific cities, according to the Location Branding 2012 report published by Public Affairs Asia and Ogilvy Public Relations. The survey showed that a location's brand is a significant factor in attracting foreign investments and tourists.

Lack of awareness of this Soft Power is tantamount to wasted opportunities. He showed many slides as examples of Soft Power. Mr. Tesfamariam’s educational seminar is powerful tool that will help Eritreans jump-start businesses and industries all over.

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