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Indonesian operators’ call to lure customers has only just begun
A blizzard of advertisements for Indonesia’s 11 mobile operators has covered the country, competing for the lowest prices, best call quality and cheapest deals. So begins what is expected to be a major boom in mobile subscriptions and telecom revenue. The national regulator slashed internet work connection charges by up to 40 per cent last month and these savings have largely been passed on to users. The authorities are pushing operators to share towers, which will reduc...
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Global Entrepreneurship Monitor Report on Women and Entrepreneurship Released
WELLESLEY, Mass., May 2 /PRNewswire-USNewswire/ -- Women’s entrepreneurship matters -- women are creating and running businesses around the world, contributing to economies that represent more than 70% of the world’s population and 93% of global GDP (2007). Women’s entrepreneurship is a key contributor to economic growth in low/middle income countries, particularly in Latin America and the Caribbean according to The Global Entrepreneurship Monitor (GEM) 2007 Report on ...
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Rebooting the Indian green revolution
Ajit Singh, a farmer in the poor northern state of Uttar Pradesh, had never seen a computer until four years ago when ITC, the Indian agribusiness-to-hotels conglomerate, installed a PC in his village, Kurthia. Now the thin 47-year-old farmer visits the ITC station, known as an e-choupal after the Hindi term for gathering place, every day for online access to news-papers, crop prices, weather forecasts and farming techniques. As ITC’s village manager...
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New Frontiers: Story at the Bottom of the Pyramid
By Anisha Motwani Rural India seems to be the latest flavour in town. From finance ministers to corporate India across industries, everyone seems to be shifting focus to the bottom of the pyramid. All boardroom discussions are getting centred on finding ways and means to grab a share of this lucrative pie. Numbers look seductive with statistics and data giving enough evidence of volume potential... smaller ticket sizes but more buyers...
- Region
- South Asia
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UK Government and UN challenge Private Sector to decrease global poverty
London, 6 May 2008?Joining the Business Call to Action, a dozen companies today announced concrete initiatives that apply core business expertise, utilizing their technology and innovative spirit to tackle the multiple challenges of poverty. The announcements were made at the Business Call to Action event, hosted by UK Prime Minister Gordon Brown and Kemal Dervi?, Administrator of the United Nations Development Programme (UNDP), and with the participation of more than 80 global bus...
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Banks Yet to Reach Bottom of Wealth Pyramid
By Preeti R Iyer & Aniruddha Ghosh For all the noise that it has generated, usage of technology to achieve financial inclusion is still far from what is being desired. Lenders such as Citi and GE Money have withdrawn from advancing small-ticket ...
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?It?s Now the Era of Micro-Innovators?
For more than a decade now, Coimbatore Krishnarao Prahalad, or C. K. Prahalad, has been the best-known management guru from India. Professor of Strategy at the Ross School of Business, University of Michigan, Prahalad shot to fame with his book Competing for the Future, which he co-authored with Gary Hamel. Since then, Prahalad, who studied and taught at IIM Ahmedabad before moving (back) to the US to join the University of Michigan as Assistant Professor, has written four more books, including ...
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Extending Financial Services to Latin America’s Poor
By Luis Alberto Moreno The president of Inter-American Development Bank argues that achieving greater financial democracy is crucial for achieving greater inclusiveness, improving social cohesion, and generating broad-based growth.? ---- Economic development, according to the Inter-American Development Bank (IDB), is for people-for citizens. If the benefits of economic growth fail to reach a majority, in the long run there ca...