BlackBuried: Indonesia Failings Offer Lessons for Apple, Samsung

September 27, 2013 Leave a comment

BlackBuried: Indonesia Failings Offer Lessons for Apple, Samsung

By Jeremy Wagstaff & Kanupriya Kapoor on 4:37 pm September 25, 2013.
Indonesia has long been a surprising jewel in the crown of BlackBerry Ltd, a rare market where its devices enjoyed mass appeal. But the country also highlights the struggling company’s failure to embrace the emerging economies that are leading smartphone sales growth across the globe. Indonesia is still one of BlackBerry’s biggest markets, accounting for about 15 percent of global users but its share of smartphone sales in Southeast Asia’s biggest economy has fallen fast to 21 percent in the second quarter from 39 percent a year earlier, according to data from telecoms consultancy IDC. Read more of this post

Filed under Macro Trends, TMT Trends

Abenomics Speeds Corporate Investment, But Not in Japan

September 27, 2013 Leave a comment

Abenomics Speeds Corporate Investment, But Not in Japan

By Wayne Arnold & Orathai Sriring on 3:05 pm September 26, 2013.
Hong Kong/Bangkok. Japanese Prime Minister Shinzo Abe got an early sign of how his blueprint to revive Japan’s industrial vim and economic vigor was working when two of his country’s biggest car makers unveiled $900 million worth of investments to boost production. There was one drawback: the new assembly plants and expanded factories announced by Mazda Motor and Honda Motor are not in Japan, but more than 2,000 miles away, in Thailand. Read more of this post

Filed under Macro Trends

Park’s Budget Scales Back Pledged Aid to South Korean Aged as the government forecast the first drop in revenue in four years

September 27, 2013 Leave a comment

Park’s Budget Scales Back Pledged Aid to South Korean Aged

South Korea President Park Geun Hye was forced to scale back aid she pledged to pensioners in her 2014 budget and delayed plans to eliminate the deficit as the government forecast the first drop in revenue in four years. In her first budget draft since taking office in February, Park boosted welfare spending to a record while scaling back a plan to expand pension benefits as dwindling revenue restricts her ability to increase support for an aging population. The deficit is forecast to remain at 1.8 percent of gross domestic product, a seventh straight year of shortfalls in Asia’s fourth biggest economy, the finance ministry said in its proposal. Read more of this post

Filed under Macro Trends

Newer posts →