Bamboo Innovator Daily Insight: 11 Mar (Wed) – The crazy, true-life adventures of Norway’s most radical billionaire

Life

  •  The crazy, true-life adventures of Norway’s most radical billionaire: Fortune
  • The first time Bill Gates asked Melinda Gates out on a date, she turned him down: BI
  • When babies outsmart the business experts; Leaders who say their predecessors are wrong are often advocates of useless reorganisation: FT
  • A gadget that lies between sorcery and science; Polygraphs are capable of exonerating the guilty and framing the innocent: FT
  • The Unavoidable Truth Of Moving Fast And Breaking Things: Techcrunch
  • No friends, no money, no sleep: the dark side of entrepreneurship: Telegraph
  • Electrifying secrets behind killer eels: Reuters

Greater China

  • Open Letter to SGX/MAS: Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?” – Address the accounting and governance concerns in an SGX/MAS announcement: AsianExtractor
  • Seven resignations, two sackings and two suspensions on board of troubled Birmingham International; In January, Birmingham announced that HK$38 million was suspected to have been misappropriated by an unnamed former employee and Hong Kong police were investigating the matter. SCMP
  • Local government financing vehicles struggling to repay loans: SCMP
  • China’s Biggest Shipyard Is Now a Ghost Ship; Padded order books and delivery delays preceded the demise of Rongsheng Heavy Industries, once the country’s busiest shipbuilder: Caixin
  • China’s Solution to $3 Trillion Debt Is to Deal with It Later: Bloomberg
  • Retired generals point to ‘horrible’ graft in PLA; Money, connections and personal bonds decide promotions, and the culture of confidentiality makes exposing wrong-doers difficult, former top brass says: SCMP
  • 80% of bitcoin is exchanged for Chinese yuan: Quartz
  • China Prepares Mergers for Big State-Owned Enterprises: WSJ
  • Is China’s 1929 moment coming?: WaPo
  • Xi Relishes Carefully Crafted Humble Past; Mao-Style Focus on Chinese Leader’s Personal Life Comes With Risks: WSJ
  • Toothpaste maker Crest fined 6 million yuan for faking white teeth in advert: SCMP
  • China shipbuilders urged to merge ito stay afloat: FT
  • Knock-off Apple Watches go on sale in China: FT
  • Top local developer Cheung Kong Holdings (0001) ended its 42-year listing yesterday, with market capitalization having grown more than 2,800 times from its debut. Standard
  • Dairy producers in China explore online opportunities: WCT
  • Sensitive Words: Prince (Zeng) Qing(hong): CDT
  • Reading Xi’s Modern Twist on Plato’s “The Republic”: Inside
  • Some Chinese companies are finding that borrowing just across the Hong Kong border, once a quick and easy way to make money, is no longer so fruitful.: WSJ
  • The one Chinese innovation that could change the way we think about money: WaPo

Japan & Korea

  • 50 top brands in Korea change with times: JA

ASEAN

  • Open Letter to SGX/MAS: Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?” – Address the accounting and governance concerns in an SGX/MAS announcement: AsianExtractor
  • Changes in transfer pricing in Singapore: BT
  • Myanmar Tests Foreign Telecom Entrants; Qatar’s Ooredoo and Norway’s Telenor struggle with bureaucracy, ambiguous land ownership structures, hiring and even religious tensions: WSJ
  • Year of plenty? Vietnamese brokerages raise funds to build war chest: AsiaOne
  • Malaysia Reels as Asia’s Worst Dollar Debt Shunned: Asean Credit: Bloomberg
  • Swiss businessman Yves Bouvier is facing charges of fraud and money laundering, Bouvier is known in Singapore for co-founding the Singapore Freeport and is one of the partners behind Art Heritage Singapore: Artnet
  • Sentosa Cove unit sold at $1.2m loss after selling it around the rate of a mass-market home: AsiaOne

Macro

  • Survey: Companies Finding More Whistleblower Retaliation: WSJ
  • A New Tool to Investigate Inside Tippers: NYT
  • Survey: Companies Finding More Whistleblower Retaliation: WSJ
  • Outsourcing: Trading places; A proprietary trading firm has clawed its way into the big leagues using recruits from India, Kenya and China: FT
  • Former SEC Director Admits The Truth: The Market Is Rigged: Bloomberg
  • Why Vanguard Is Secretive on Stock ETFs; Uncommon delays in reporting of components protect shareholders: WSJ
  • How The World Is Being Fooled About Chinese Gold Demand: Zerohedge
  • Developing Nations Lose Their Luster: NYT

Healthcare

  • The Future of Health Is More, Better, Cheaper: Strategy&

TMT

  • Tech Blog GigaOm Abruptly Shuts Down: NYT
  • The Apple Watch has a unique signalling ability that will ensure it is a massive success: BI
  • This startup may have found the answer for getting people to pay for journalism online: BI
  • Happy aniversary, Nasdaq looks different 15 years after its peak: Star
  • Apple Watch makes the wearables race real: JA
  • What Is the Next ‘Next Silicon Valley’?: NYT
  • Learning the Duolingo – how one app speaks volumes for language learning: Guardian
  • The New Tech-Stock Temptation; The Nasdaq rally is stirring memories of the dot-com boom. Forget 2000. It’s a different investing ballgame.: WSJ
  • Swatch Co-Inventor: Apple Will Succeed and an Ice Age Is Coming for Swiss Watches: Bloomberg
  • Apple Watch Targets China Aspirations in $16 Billion Market: Bloomberg

Consumer & Others

  • The Sephora effect: How the cosmetics retailer transformed the beauty industry: WaPo
  • A hit YouTube video launched Dollar Shave Club into the minds (and medicine cabinets) of men everywhere. But the company is just getting started. Fortune, YouTube
  • How Ikea took over the world: Fortune
  • Ikea researched people’s morning routines around the world — and made this mirror to solve a universal problem: BI
  • The cappuccino kings changing the way Cambodians drink coffee: FT

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: