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General Motors to Expand Assembly Line in Nairobi
General Motors East Africa Limited yesterday announced plans to expand its Nairobi plant. Bill Lay, GM’s managing director said that the expansion will help the company cope with increased demand coming from the public transport industry. Lay said that the implementation of the East African Community (EAC) protocol, scheduled for January 2005, will also provide a major opportunity for the company to increase sales. ...
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- The East African Standard (Nairobi)
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Unilever, P&G Wage Price War For Edge in India
The Indian soap war hints at a bigger trend. The developing world is looking more attractive than it has in years to the world’s leading purveyors of food, shampoo and laundry detergent. While growth is stagnant in North America and Europe, the market for consumer goods elsewhere is expanding fast, in stride with growing local incomes and populations. Read full article here. ...
- Source
- The Wall Street Journal
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As Growth Slows Elsewhere,Beverage Giant Targets Nations’ Vast Hinterlands
Far from the prosperity and growing competition in Asia’s glittering big cities -- where growth is beginning to cool from a once-blistering pace -- the beverage giant is investing tens of millions of dollars to expand its production and distribution footprint. The strategy is to market super-cheap sodas to a vast population that in the past was considered too poor, provincial or difficult to reach for consumer-product companies. If successful here, Coke could be mapping a new strategy ...
- Source
- The Wall Street Journal
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Microsoft is getting ready to release a cheap, easy-to-use version of Windows XP for developing mark
Windows XP Starter Edition--an inexpensive version of Microsoft’s flagship operating system that does not contain as many features as the standard version--will begin shipping on PCs in Thailand, Malaysia and Indonesia in October, said Maggie Wilderotter, senior vice president for the worldwide public sector at Microsoft. Read full article...
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- CNET News.com
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Microsoft aims to take advantage of opportunities in countries where PC use remains low with Window
’Over 400 million households worldwide by 2008 will have the income, the electricity, and the connectivity necessary to make an appropriately tailored PC for their market a desired product,’ Poole said. More than half of those households are in markets that Microsoft is most interested in grabbing: Brazil, China, India, and Russia. ’Those are the big dogs of emerging market opportunities,’ Poole said, and would be the natural targets for expansion of Starter Edition....
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- InformationWeek
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Developing countries need a business boost
...small and medium-sized enterprises (SMEs) in developing countries - the agribusiness processors, the components manufacturers for multinationals, the software outsourcers - are the real potential engines of growth and employment and have a much greater possibility of becoming competitive businesses. Read full article here. ...
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- The Financial Times
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Answering India’s call
In terms of sheer numbers, India?s cellular market is impossible to ignore. The number of subscribers has increased nearly 10-fold since 2000, from 3.5 million to more than 34 million today, according to a recent report by market research firm InStat/MDR. By 2009, India is expected to have around 150 million mobile subscribers, about the size of the U.S. market today. In the first half of 1999, 12,000 new customers signed on each month. By last year, that number jumped to more than 778,000...
- Source
- Red Herring
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TowerGroup Examines How Effective Vendor Partnership Strategies Can Be Critical to Success for Insur
North American insurers currently are pursuing global expansion at a pace rivaling that of European insurers’ entry into US markets in the early 1990s. TowerGroup finds that more favorable economics, key demographic trends and the gradual dissolution of international barriers to entry underscore the high growth possible for US insurers in key emerging markets. Read full article here.
- Source
- Yahoo! Finance
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