Asia Pacific.

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  • Can P&G make money in places where people earn $2 a day?

    Despite the growing belief that the billions of poor -- what the late management thinker C.K. Prahalad termed the "bottom of the pyramid" -- can actually make up a viable economic market, most attempts to harness it have failed. Procter & Gamble ( PG ), a $79 billion (in sales) company better known for its middle- and upper-middle-class brands than for its low-end offerings, thinks there’s another way to re...

    Source
    CNNMoney.com (link opens in a new window)
    Region
    Asia Pacific
  • Harvard Business Review on Reaching India?s ?Vast Middle?

    The meltdown of the microfinance industry in Andhra Pradesh, as we have noted carries big risks not just for an industry designed to serve the poor but for the entire concept that the poor can be profitable customers. That has been an emerging trend in management thinking about emerging markets in the last few years, in part because of the success of microfinance. But since these matte...

    Source
    The Wall Street Journal (link opens in a new window)
    Region
    Asia Pacific
  • Facebook for Farmers: Technology Empowers China’s Rural Workers

    China Mobile’s Nongxintong - or farming information service - launched four years ago. The company is currently focusing on expanding its delivery in China’s west and south-west regions. "Building the mobile network and covering most of the country’s administrative villages, we realised that there was only a network signal. In rural areas, this is not enough," explains Liu Jing, a local manager for the service at China Mobile. "It’s like havi...

    Source
    BBC News (link opens in a new window)
    Region
    Asia Pacific
  • Unilever Eyes Top and Bottom-end Segments in Developing Markets

    SINGAPORE : Consumer goods giant Unilever wants to straddle both the top and the bottom of the economic pyramid in developing markets. This is part of its strategy to tap Asia’s growth potential, and compensate for the slack in its European and North America units. And to support this growth, Unilever has been making invest...

    Source
    channelnewsasia.com (link opens in a new window)
    Region
    Asia Pacific
  • Social Entrepreneurs Boost Cooperation to Reduce Poverty in Asia

    Innovative thinkers working for social change converged in Seoul, Monday, in a bid to boost cooperation towards alleviating poverty and other problems in Asia. Some 300 agents of change known as social entrepreneurs - those who apply fresh paradigms to solve pressing human issues - gathered in southern Seoul for the second major gathering of the Asian Social Entrepreneurs Summit. On the first of two days of dialogue at the Kyoyuk Munwha Hoekwan Hotel, tackling pove...

    Source
    The Korean Times (link opens in a new window)
    Region
    Asia Pacific
  • Rural Banks’ Service in the Philippines

    Rural banks do the nation a great service that people in the cities seldom give a thought to. They serve a market segment big banks don’t want to be bothered with. The money of the farmers, rural businesses and agricultural and fishery entrepreneurs that make up that market segment is too small-and therefore too expensive-for the large commercial banks to attend to. Indivi...

    Source
    Manila Times (link opens in a new window)
    Region
    Asia Pacific
  • A Fresh Start: Asian Villages Carve Out a New Life

    The village of Tmatboey in the northern plains of Cambodia seemed to have little going for it. It lacked clean water; there were no real roads. The people toiled mostly at subsistence farming, barely scraping by. The villagers didn’t realize they had a valuable asset -- hiding in plain sight, so to speak: a tourist attraction that a niche group of international travelers would happily pay to see, even if it meant a stay in basic accommodations. And now they’re making money...

    Source
    Wall Street Journal (link opens in a new window)
    Region
    Asia Pacific
  • Singapore Firm Eyes Profit in Cheap Toilet Market

    SINGAPORE (AP) - Christopher Ng has a dream: Help alleviate a major global health problem by bringing toilets to the world’s poor — at a tidy profit. Ng, managing director at Singapore-based Rigel Technology, hopes to sell his state-of-the-art portable, fertilizer-making, toilets for as low as $30 beginning next year, tapping into a multibillion dollar market for proper sanitation in developing countries. It is among the exhibits at the annual World Toilet Summit in Sing...

    Source
    Associated Press (link opens in a new window)
    Region
    Asia Pacific
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