Via The Wall Street Journal, an article on how Western multinationals are targeting Asia: After supplying locomotives to Indonesia’s state-owned railway for 60 years, General Electric Co. GE -1.12%faced a serious threat to its dominance in the country’s locomotive market last year. Indonesian railroad operator PT Kereta Api needed 100 locomotives to alleviate overcrowding on trains […]
Read more »Via Foreign Policy, an interesting look at frontier markets: Remember the heady days of just a couple of years ago, when China’s economy was growing at near double-digit rates? No longer. The BRICS are still growing, of course, but their wild teenage years are coming to an end. And as these markets have begun to […]
Read more »Courtesy of The Economist, a report on Africa’s economic development: CELEBRATIONS are in order on the poorest continent. Never in the half-century since it won independence from the colonial powers has Africa been in such good shape. Its economy is flourishing. Most countries are at peace. Ever fewer children bear arms and record numbers go […]
Read more »Via Time Magazine, an article on Afghanistan’s mobile money initiative: In the eyes of the rest of the world, war-torn Afghanistan is a place with a beaten-down infrastructure, the minimum of modern amenities and certainly none of the services made possible by the latest technological advances powering the Internet, financial services and telecommunications. Surprisingly, however, […]
Read more »Via Fortune Magazine, an interesting report on how M.H. Alshaya is transforming mall culture in the Gulf region with lattes, milk shakes, and cheesecakes: A Pinkberry yogurt shop at the Mall of the Emirates in Dubai David Overton makes a point of trying to get to every one of his restaurant openings. In the 35 […]
Read more »Courtesy of The Economist, an interesting article on Mara, a company that helps investors in Africa succeed: CARDBOARD BOXES are not sexy. But they are useful: imagine trying to shift a lorryload of eggs from farm to shop without packaging. Because boxes make it easier to move things around, they allow shops to stock a […]
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