Lee Kun-hee: Building a Legacy, One Bold Move at a Time
In June 1993, a young and ambitious Lee Kun-hee, chairman of Samsung Group, gathered his top executives in a hotel in Frankfurt. The company faced a dire situation where Samsung was lagging behind its Japanese and American counterparts. As a last resort, Lee delivered a radical directive, “Change everything except
The Darkness In Light: Strategies for Managing Unauthorised Sellers in Asia
Having business ventures across multiple e-commerce platforms with a strong brand identity may sound gratifying, but the challenge of dealing with unauthorised third-party sellers can suck the fun out of it. Global markets have become more intertwined with each other, and the evolution of technology has made e-commerce purchases a
Asia’s New Urban Jungles: Second-Tier Cities as Growth Catalysts
Asia’s tier 2 cities are emerging as core pillars of the Asian economy’s growth. With a unique blend of untapped potential, rising consumer markets, and improving infrastructure, these cities are redefining development opportunities for businesses and investors alike. In fact, Richard Dobbs and Jaana Remes write in a Business Asia
Blue Blood, Green Profits: How Royal Family Ties Impact Corporate Performance
Royal family ownership in corporations, particularly in Gulf Cooperation Council (GCC) countries, presents an intriguing intersection of tradition and business influence. Many companies in regions like Saudi Arabia, Kuwait, and the UAE have substantial ownership stakes held by royal family members. Research shows that royal family ownership impacts corporate governance
Top Performers May Get 50% Higher Bonus: Morgan Stanley!
On Jan 22, one of the biggest investment banks in the world, Morgan Stanley, announced that it would be paying 50% higher payouts to its top-performing investment bankers. This makes it a rare occasion for investment banks to make their bonus payouts public. Moreover, Bloomberg mentioned that the senior investment
Asia’s Gig Economy: Deep Dive into Game-Changing Trends
The gig economy in Asia is no longer a side hustle for the residents. The elegance of autonomy and flexibility has overshadowed the security of 9-5 work. According to Visa.com, in their survey, 67% of the Gen Z respondents reported they worked in some kind of Gig work; a similar
Can Culture Create Commerce?
In recent years, the GCC countries have increasingly recognised the role of cultural diplomacy as a strategic tool to strengthen their international business relations. This shift is not merely about soft power; it reflects a deep and broad understanding of how cultural engagement can foster trade and investment. Historically, GCC
7-Eleven Owner’s Foreign Takeover Sparks Alarm in Japan
In the recent turn of events, the economic minister of Japan flagged the potential foreign acquisition of its retail giant Seven & i. According to Reuters, the Japanese Economy Minister, Ryosei Akazawa, was the first senior official to comment on the $47 billion buyout offer by Canada’s Alimentation Couche-Tard. Moreover,
The Gulf’s Green Gold: GCC’s Journey to Green Hydrogen
As the global energy landscape shifts toward cleaner and more sustainable sources, the Gulf Cooperation Council (GCC) countries are positioning themselves as key players in the green hydrogen economy. The rapid shift towards green will be efficient for the GCC countries due to low-cost solar energy and high hydrogen production
