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ANZ Bk Cambodia JV Seeks Profits In The Ruins, by Phelim Kyne
But Kith said ANZ Royal has targeted a market of around 100,000 urban residents with money ’under the bed (and) under the pillow’ to support a banking network that will start with three Phnom Penh branches this year and grow to 30 outlets nationwide by 2010. ANZ Royal will power that expansion by offering Cambodian consumers a previously unavailable array of retail banking services, including the country’s first ATMs linked to international networks and consumer mort...
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- Dow Jones Newswire
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Can Euro Firms Do Well by Doing Good?
Developing African nations are a huge, untapped market. Better supplies of electricity, gas and water, more streets, etc, mean more growth. In many countries, these areas are currently being privatized. And on top of that, there is financing available for companies that want to take part. Full article available here ....
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- Deutsche Welle
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Mobile companies urged to invest in poor countries
If you look at the statistics today, we have 51 million mobile phone users in Africa, but there are a billion people who live there, and at least half of them have disposable income,’ he said. ’We’re not a basket case, we’re not holding out a begging bowl, we’re saying there’s a commercial opportunity - it’s a huge untapped market.’ Mr Naidoo was speaking after nine mobile operators announced on Monday that they had commissioned a new range of low...
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- Business Times
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Farmers, Phones and Markets: Mobile Technology In Rural Development, by Howard Rheingold
Markets aren’t only for the rich. Certain kinds of information, however, convey advantages to those have the right data at the right time. Until recently, only the relatively wealthy had swift access to relevant market information. The cost of technologies that connect people with economically useful price data has declined steadily, however, from the tycoons of the early 20th century with their home ticker-tape machines to the day-traders of recent decades with the...
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- TheFeature
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Motorola to sell phones for less than $40 in emerging markets, by Lucas van Grinsven
Motorola will enter emerging markets with ultra low-cost mobile phones aimed at 3 billion consumers who cannot yet afford to make wireless calls, the U.S.-based handset maker said on Monday. The phones will be available for less than $40 and the company aims to sell 6 million units in the six months from April to September, said the GSM Association. ...
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- Reuters
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The Next Billion Customers
While Western Europe rapidly approaches saturation, mobile opportunities in markets that were once considered too risky suddenly look quite attractive. But only smaller, lesser-known players with foresight seem to be in a position to profit from opportunities in countries like China, India, Ukraine, Russia, and Nigeria. Established operators like Vodafone find themselves left out. Story available here ....
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- Red Herring
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Making business for the poor: Innovative approaches can convert poverty into opportunity, says Ferda
The report said that 4 billion bottom of the pyramid (BOP) people with a per capita income of less than $1500 a year provides multinationals and large local companies with an alternative market for their goods and services. A good example of a business ecosystem at work is Hindustan Lever Ltd., a major producer of personal care and food products in India. Its ecosystem includes 80 manufacturing factories, 150 small and medium enterprise suppliers employing up to 40,000 ...
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- Financial Express
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PC builders feel pull of developing world — For profit or charity, low-cost units target vast untap
Under the code name Terra PC, Via plans to use its existing silicon to launch three classes of systems for service providers and systems integrators in China and India. They include full-fledged PCs with gigahertz processors selling for about $250 without a monitor and two versions of thin-client PCs-media stations using flash memory instead of hard drives and comms stations that handle basic browsing, VoIP and e-mail tasks for as little as $100 without a...
- Source
- Electronic Engineering Times
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