Morning Bamboo Insight: 25 Jul 2014

Morning Bamboo Insight: 25 Jul 2014

Macro

1. Rethinking Buybacks: To earn a “return” on stock buybacks, you need a more sophisticated message and better execution

http://ww2.cfo.com/capital-markets/2014/07/rethinking-buybacks

2. Uncovering Cash and Insights from Working Capital; Companies that improve the performance of their working capital can generate cash and see benefits far beyond the finance department.

http://ww2.cfo.com/cash-flow/2014/07/uncovering-cash-insights-working-capital

Asia Pacific

1. (Korea) – Lotte’s power transition set in motion; More than 10 affiliates of Lotte Group exchanged part of their shares with each other in a move to streamline their cross-share holding structure ahead of the implementation of a law banning it

http://www.koreatimes.co.kr/www/news/biz/2014/07/123_161586.html

2. (Korea) – The listed units of Korea’s top 10 conglomerates paid less than 1% of their profits as dividends last year

http://www.koreatimes.co.kr/www/news/biz/2014/07/488_161583.html

3. (India) – Biba Apparels: Redefining Ethnic Wear For Indian Women

http://forbesindia.com/printcontent/38262

4. (HK) – Why HK’s ‘donationgate’ is a big deal; The “Donationgate” dogging pan- democrats and their financial backer, Jimmy Lai Chee-ying, bears all the hallmarks of a Rashomon script.

http://www.thestandard.com.hk/news_detail.asp?we_cat=17&art_id=147678&sid=42675105&con_type=1&d_str=20140724&fc=7

http://www.thestandard.com.hk/news_detail.asp?we_cat=17&art_id=147618&sid=42667715&con_type=1&d_str=20140723&fc=7

5. (China) – Daqing oil workers push kids to follow in their footsteps

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140722000026&cid=1501

6. (India) – Milltec Machinery: Spreading Wings With Rice Mill Machines

http://forbesindia.com/printcontent/38266

7. (India) – SH Kelkar & Co: Infusing Fragrance In Lives

http://forbesindia.com/printcontent/38260

8. (India) – Magicrete: Building An Alternative Reality; Sourabh Bansal’s concrete units have the potential to disrupt the traditional construction material market

http://forbesindia.com/printcontent/38252

9. (Myanmar) – Burmese Tycoon Tay Za Under Scrutiny

http://www.forbes.com/sites/forbesasia/2014/07/23/burmese-tycoon-tay-za-under-scrutiny/print/

10. (Spore/HK) – ARA Asset Management’s John Lim See Real Returns With Li Ka-shing

http://www.forbes.com/sites/forbesasia/2014/07/23/john-lim-see-real-returns-with-li-ka-shing/print/

11. PTC Industries: Casting magic with metal; The Agarwals invested in unique technology for their foundry to attract A-list international clients

http://forbesindia.com/printcontent/38258

12. (Spore) – Singapore’s 50 Richest Score Big Gains Amid Buying Binge

http://www.forbes.com/sites/naazneenkarmali/2014/07/23/singapores-50-richest-score-big-gains-amid-buying-binge/print/

13. (Spore) – Singapore’s Goodpack Founder David Lam Awaits Payday from Private Equity Deal

http://www.forbes.com/sites/forbesasia/2014/07/23/david-lam-awaits-payday-from-private-equity-deal/print/

14. (Asia) – Asia’s Best Under A Billion; Discovering Asia-Pac’s ‘Sustainably’ Profitable SMEs

http://www.forbes.com/sites/christinasettimi/2014/07/23/asias-best-under-a-billion/print/

http://www.forbes.com/sites/timferguson/2014/07/23/discovering-asia-pacs-sustainably-profitable-smes/print/

15. (India) – India’s Time For Growth

http://www.forbes.com/sites/richkarlgaard/2014/07/23/indias-time-for-growth/print/

16. (Spore) – Billionaire’s Playground: Singapore Is The Most Expensive City Globally

http://www.forbes.com/sites/ruchikatulshyan/2014/03/04/billionaires-playground-singapore/print/

17. (China) – Food Safety in China Still Faces Big Hurdles

http://www.nytimes.com/2014/07/24/business/international/food-safety-in-china-still-faces-big-hurdles.html?ref=business&_r=0

18. (Korea/Consumer) – Paris Baguette, Korea’s largest bakery chain owned by SPC Group, opened its first store in the heart of the French capital, a move it had long desired during its 26 years of operation

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2992455&cloc=joongangdaily|home|newslist2

19. (Korea) – It’s dividend time, Korea; The local business sector and stock market is abuzz over the new finance minister’s hint of a punitive tax on large companies sitting on piles of cash reserves

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2992443

20. (China) – Chinese Appliance Giant Haier Decides Its Future Is to Think Small; Haier Group creates large number of micro companies to jump into a range of businesses, from films and finance to manufacturing and delivery

http://english.caixin.com/2014-07-23/100708077.html

21. (China) – Wenzhou’s real estate bringing down an economic heavyweight

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1202&MainCatID=12&id=20140724000054

22. (China) – Chasing China’s high-profile criminals across the world

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140724000070&cid=1103

23. (China) – Expired meat scandal in China seems a systemic problem

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140723000115&cid=1103

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140724000088&cid=1201

24. (China) – Golden toad offends former Chinese president; One of Beijing’s prime summer tourist attractions has become a grotesque embarrassment after someone noticed its resemblance to Jiang Zemin

http://www.telegraph.co.uk/news/worldnews/asia/china/10985560/Golden-toad-offends-former-Chinese-president.html

Life

1. Here’s The Number One Mistake That Kills Startups, According To Ben Horowitz

http://www.businessinsider.sg/ben-horowitz-budget-process-kills-startups-2014-7/#.U9DXAvmSxqU

http://www.bhorowitz.com/how_to_ruin_your_company_with_one_bad_process

2. 21 Quotes From Bill Gates That Take You Inside The Mind Of The World’s Richest Man

http://www.businessinsider.sg/quotes-from-bill-gates-worlds-richest-man-2014-7/#.U9DXA_mSxqU

3. This Mindset Can Prevent You From Succeeding At Work

http://www.businessinsider.sg/this-mindset-could-ruin-your-success-2014-7/#.U9DWyvmSxqU

https://www.linkedin.com/today/post/article/20140721225305-11458886-the-three-words-that-can-ruin-your-career

4. As full-time pastors become a thing of the past, more and more seminary grads are taking on secular jobs to supplement their incomes

http://www.theatlantic.com/business/print/2014/07/higher-calling-lower-wages-the-collapse-of-the-middle-class-clergy/374786/

5. How ‘Moral Licensing’ Ruins Your Diet, Savings, And Long-Term Goals

http://www.businessinsider.sg/moral-licensing-ruins-diets-savings-goals-2014-7/#.U9DW9fmSxqU

6. Meet The 22-Year-Old Student People Are Calling ‘The Italian Mark Zuckerberg’

http://www.businessinsider.sg/italian-mark-zuckerberg-matteo-achilli-2014-7/#.U9DWTPmSxqU

http://www.bbc.com/news/business-28211811?print=true

7. The Promise of 100% and Finding Fortune at the Bottom of the Pyramid

http://forbesindia.com/blog/business-strategy/the-promise-of-100-and-finding-fortune-at-the-bottom-of-the-pyramid/

8. With the Blessing of Bill Gates, “Business Adventures” Becomes an Unlikely Summertime Best Seller

http://bits.blogs.nytimes.com/2014/07/23/the-blessing-of-bill-gates-and-an-unlikely-summertime-best-seller/?ref=business

9. A Motivational Speech From The Greatest Entrepreneur, Muhammad Ali

http://pando.com/2014/07/23/startups-anonymous-a-motivational-speech-from-the-greatest-entrepreneur-muhammad-ali/

10. Tech Leaders Tell Interns What They Wish They Knew At Age 20

http://techcrunch.com/2014/07/23/tech-leaders-tell-interns-what-they-wish-they-knew-at-age-20/

11. The Modernization Of Computer Science Education: enabling students to focus on a particular project to build a skill set applicable to the real-world today

http://techcrunch.com/2014/07/23/modernizing-computer-science-education/

12. People Hate Bankers Because People Are Ignorant

http://www.bloombergview.com/articles/2014-07-16/people-hate-bankers-because-people-are-ignorant

13. The 9-to-5 workday is practically an invitation to ethical lapses. Here’s why. We are more likely to lie and cheat when we are tired

http://www.washingtonpost.com/blogs/wonkblog/wp/2014/07/22/science-were-more-likely-to-lie-and-cheat-when-were-tired/

14. An Idiot’s Guide to Inequality; If you don’t have time for Thomas Piketty’s comprehensive best seller, here’s a quick five-point take on the gap between the rich and poor

http://www.nytimes.com/2014/07/24/opinion/nicholas-kristof-idiots-guide-to-inequality-piketty-capital.html

15. Robert Sutton’s Guide to Excellence; The Stanford professor’s latest research explores the practices that enable companies to scale what they do best

http://www.strategy-business.com/article/00276?gko=b7548&cid=TL20140724&utm_campaign=TL20140724&tid=27782251&pg=all

TMT

1. (Australia/Tech) – Australia’s Seek Takes Online Job Search Abroad (Seek Zhaopin)

http://www.forbes.com/sites/forbesasia/2014/07/23/australias-seek-takes-online-job-search-abroad-see-zhaopin/print/

2. (India/Tech) – KPIT: An Indian Tech Company With An Auto Focus

http://www.forbes.com/sites/anuraghunathan/2014/07/23/a-tech-company-with-an-auto-focus/print/

3. Open Source and the Challenge of Making Money

http://bits.blogs.nytimes.com/2014/07/23/open-source-and-the-challenge-of-making-money/?ref=business

4. (China/Tech) – China set to retain position as top e-commerce market

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140724000111&cid=1202

5. China/Tech) – Xiaomi faces hurdles on path to international expansion

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140723000048&cid=1502

Healthcare

1. Acetaminophen No Better Than Placebo for Back Pain; About two-thirds of adults have lower back pain at some point in their lives, and most are told to take acetaminophen

http://well.blogs.nytimes.com/2014/07/23/acetaminophen-no-better-than-placebo-for-back-pain/?_php=true&_type=blogs&ref=health&_r=0

Energy

1. Let Our Oil and Gas Go: America Should Rescind the Ban on Crude-Oil Exports

http://www.nytimes.com/2014/07/24/opinion/america-should-rescind-the-ban-on-crude-oil-exports.html?ref=opinion

2. Four reasons why US fracking could turn out to be a bubble

http://qz.com/238686/is-there-a-fracking-bubble/