Courtesy of Reuters, a very interesting multi-part look at how Khamenei’s conglomerate thrived as sanctions squeezed Iran: Part 1: A Reuters investigation details a key to the supreme leader’s power: a little-known organization created to help the poor that morphed into a business juggernaut worth tens of billions of dollars. The 82-year-old Iranian woman keeps […]
Read more »Via Mining.com, an interesting article on Mongolia’s mining sector: On November 3 Mongolia’s new, friendlier foreign investment law came into force. Probably not a day too soon. The Asian nation of three million citizens, dependent on the mining sector to fuel growth, is desperate to turn around the slump in its economy and the steep […]
Read more »Via Emerging Frontiers, a look at Cambodia: As the 10-member Association of Southeast Asian Nations (ASEAN) prepares for its single-market Economic Community in 2015, Cambodia is poised to benefit tremendously from this unification. With President Barack Obama in attendance, Cambodia played host to the 2012 ASEAN Summit in Phnom Penh in November. The most salient […]
Read more »Via the European Financial Review, an interesting look at four strategies for disrupting markets and building brands being used by emerging market multinationals: In the past decade, a new breed of challenger businesses and brands has burst upon the world stage. Below, Amitava Chattopadhyay, Rajeev Batra, and Aysegul Ozsomer discuss how emerging market multinational corporations […]
Read more »Courtesy of The Atlantic, a report on KFC’s decision to give up trying to do business in Syria: Syrians eat at a KFC outlet in Damascus in 2006. It closed its doors this month. In 2006, Kentucky Fried Chicken opened Syria’s first American restaurant in Damascus. The franchise weathered more than two and a half […]
Read more »Via NK News.org, an interesting report on North Korea: Nearly all communist states tended to have a “main construction project,” an impressive undertaking where, if the newspapers were to be believed, the workers’ enthusiasm for labor produced amazing feats and whose eventual completion would bring an era of unparalleled prosperity. North Korea is no exception. […]
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