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Enterprise holds key to booming start-ups
When Wu Shengying’s wine-selling business failed in 2003, he abandoned farming in his hilly village in Shandong Province and turned to an idea that he hoped would please Chinese palates as much as KFC chicken wings [...] and after breaking several thousand eggs in experiments, he finally worked out a formula that he believes strikes a perfect balance between temperature and timing to make good roasted eggs. Wu’s roasted eggs, with ...
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- Asia Pacific
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Hong Kong’s initial foray into BOP enterprise development
More than 300 participants from various sectors on Thursday attended the Conference on Social Enterprise to discuss new approach to helping the poor. The conference, jointly organized by the Commission on Poverty and the Central Policy Unit of the Hong Kong Special Administrative Region government, aims to enhance community understanding of social enterprise and explain its relevance to poverty alleviation. The one-day conference was the first of its kind and scale in Hong ...
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- Asia Pacific
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’Missing market’ a target for rural growth
THE UN Commission Report Unleashing Entrepreneurship: Making Business Work for the Poor is a critical first step in identifying the important role that the private sector must play to ensure that business will work for the poor, Foreign Affairs ministry chief executive Isikeli Mataitoga says. He made the remarks when he launched a Pacific workshop to discuss the report in Suva yesterday. The Report suggests ways for developing and developed countries to develop partnership throug...
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- Asia Pacific
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China’s Life Insurance Sector Should Tap Rural Areas: McKinsey
To strengthen China’s emerging life insurance sector the country should make more effort to exploit the huge potential in vast rural regions, suggested a report from McKinsey & Company. According to the report, most insurance companies don’t provide sufficient coverage in under-developed areas. New entrants, especially foreign insurers, have concentrated on the wealthiest, most developed areas, leaving vast under-developed areas of the country without recourse to this pow...
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- Asia Pacific
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From aquariums to deminers, NGO spearheads manufacturing in Cambodia
New Zealander Phil Elliott was intending to mass-manufacture aquariums for his expanding franchise business in China. But a chance encounter with a non-profit organisation in Cambodia -- a country better known for its war legacy than economic efficiency -- resulted in a change of plans. After a friend hooked him up with Development Technology Workshop (DTW), a charity working with the disabled to build industry in one of the world’s poorest countries, the holidaying Elliott hand...
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- Asia - AFP
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- Asia Pacific
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