15 October 2018

Raymond Tsoi

EJ Insight writer
  • A stringent control system can help companies keep corruption at bay by reducing collusion among employees. Photo:

    How Wang Jianlin fights corruption in business

    - Aug 5, 2016 2:44pm
    To build a business empire that can survive a complex and fast changing world, top management not only has to stay on top of things by digitalizing operations and information but also implement a robust system...
  • Taking risk inevitably entails the likelihood of making mistakes. The only way to move ahead is learn from them. Image credit: Valenspoint

    China’s richest man on the importance of learning from mistakes

    - Aug 4, 2016 12:33pm
    China’s richest man, Wang Jianlin, keep saying that it is necessary to take risks in the business world.  But being gutsy is not enough, it is the right kind of risk-taking attitude that matters, the Dalian...
  • Dongbei’s bond default may involve up to about 9 billion yuan of debt, including several other issues that will mature in the next few years. Photo: Reuters

    Signs of change in local govt attitude toward ailing SOEs

    - Aug 3, 2016 5:07pm
    China has little experience in dealing with default and bankruptcy cases involving state-owned firms, other than propping up ailing companies. But change seems to be in the air. Dongbei Special Steel, based in northeastern China’s Liaoning province, failed...
  • Weaknesses like lack of originality and inadequate focus on content often become a glass ceiling for Hong Kong startups.

    Hong Kong startups: How they go wrong

    - Aug 1, 2016 4:25pm
    Original ideas have not been a strong point of Hong Kong’s startups. Rather than show creativity and build ground-breaking ventures, most startups here have merely borrowed ideas from overseas firms and sought to create Hong Kong...
  • A key difference between established tech players like Tencent and startups is that the former have access to a huge data base. Photo: Internet

    How to ensure success of Big Data project

    - Aug 1, 2016 2:46pm
    If a company can collect enough relevant data, modern-day analytical techniques can – theoretically at least – turn that data into useful information and insights to enhance its business operations. The catch is that collecting the right kind of data...
  • Dongguan city has earmarked 200 million yuan per annum to support automation projects over the next five years. Photo: Internet

    Guangdong fights the factory exodus trend

    - Jul 29, 2016 4:56pm
    Many factories have left Guangdong province for cheaper locations elsewhere in China or in the region. Sensing the increasing cost pressure, the province has recently launched a program to help industries raise their automation level and...
  • With factory automation becoming a key industrial trend, students majoring in robotics engineering are likely to have ample job opportunities.  Photo: Internet

    Engineers in great demand as industries shift to robots

    - Jul 29, 2016 4:52pm
    With Beijing targeting automation as a key strategy to upgrade its manufacturing sector and reduce reliance on increasingly expensive labor, local governments are only too eager to respond to the central government’s clarion call. Guangdong, for...
  • Investors’ excitement about Pokémon Go has been tempered by Nintendo’s statement that the game won't lift its earnings in a substantial way. Photo: Internet

    Why it’s hard to escape the Pokémon fever

    - Jul 26, 2016 1:35pm
    I am used to colleagues discussing major soccer matches overnight, or commenting on the latest hit movie, but since when has video gaming been such an important part of daily life? Following the long-awaited arrival of...
  • Innovation is the key for China's manufacturers as the old copycat business model won't pay dividends in the future.

    Can Gree walk its talk?

    - Jul 25, 2016 1:58pm
    Chinese appliance maker Gree had earlier launched a top-end rice cooker in a bid to challenge high-priced Japanese imports. The company wanted to show mainland customers, who have been flocking to Japan to buy the latest...
  • Caterpillar has shed more than 5,000 people so far this year to realign its cost structure with sagging demand for its products. Photo: Internet

    Caterpillar reels from falling commodity prices, Chinese rivalry

    - Jul 25, 2016 1:00pm
    Even during the Great Depression in the 1930s, construction machinery titan Caterpillar managed to grow its business. But its sales have been shrinking since hitting a record in 2012.  Last year its revenue decline accelerated to...
  • Masayoshi Son is extremely pleased with his purchase of ARM but investors are concenred about the price being too high. Photo: internet.

    Why Softbank couldn’t wait to land ARM

    - Jul 20, 2016 3:05pm
    On Monday, when Masayoshi Son announced his Softbank Group is buying British chip designer ARM holdings, he told the media it was the brightest day in his life and he couldn’t help being excited about the...
  • To harness the power of big data, companies need to make huge upfront technology investments.

    How big data is changing micro loan business

    - Jul 20, 2016 1:07pm
    The traditional way of meeting a client and understanding his or her business and finances to make a call on loan assistance entails significant costs for financing companies. Not surprisingly, this has prompted most lenders to...
  • Blockchain is seen to become a mature technology in five years. Photo: Internet

    Blockchain tipped to revolutionize trade financing in two years

    - Jul 20, 2016 12:09pm
    The Hong Kong Applied Science and Technology Research Institute (ASTRI) is working to enhance blockchain technology, such as improving the processing capacity and transaction speed, with the aim of applying it to trade financing within two...
  • Russia's  domestic food industry is one of the beneficiaries of Western sanctions and Moscow's retaliatory ban on Western imports. Photo: Bloomberg

    What we can learn from Russian stocks’ rally against all odds

    - Jul 19, 2016 3:02pm
    The resilience of Russian stocks is a good example of how a seemingly full-blown crisis eventually turns out to be not so terrible after all. The Russian economy did take a beating from the sanctions imposed...
  • Line’s biggest challenge is to prove that it can grow its user base under the shadow of two much bigger rivals, WhatsApp and WeChat. Photo: Internet

    Line still has a lot to prove to investors

    - Jul 19, 2016 2:59pm
    Following their strong debut last week, shares of mobile messaging firm Line Corp. have eased back. Despite its successful listing, Line still needs to prove to the market it can become consistently profitable and address investor...
  • Israeli technology startups can make it if they are willing to challenge conventional wisdom and established practices, according to the country's top envoy in Hong Kong. Photo: Internet

    What Israel tech startups like most about Hong Kong

    - Jul 13, 2016 10:59am
    Since five years ago, Hong Kong and mainland Chinese venture capital firms have been flocking to Israel to scout around for opportunities. Their investments have been increasing steadily since then, Sagi Karni, Israel’s consul general to...
  • Outblaze founder and CEO Yat Siu said Supercell, aside from being an expert in multiplayer games, has a great working culture. Photo: YouTube

    What makes Supercell a good game developer?

    - Jul 13, 2016 10:42am
    Tencent’s recent purchase of Finnish game developer Supercell, which values the firm at more than US$10 billion, has been widely seen as a major move to cement the Chinese tech giant’s leadership in the global video...
  • Mainland firms are actively seeking M&A opportunities in the healthcare sector in the hope of bringing the advanced technology and products back to the home market to serve the rapidly aging population. Photo: Internet

    Chinese firms hotly pursue overseas healthcare deals

    - Jul 12, 2016 10:17am
    Chinese firms have been actively buying overseas assets, partly as a hedge against a weakening renminbi and a slowing economy, partly driven by a strong desire to acquire foreign brands and technology. Health care is one...
  • “I have never managed so many staff before. Internal management is a big challenge to me,” said GoGoVan founder Steven Lam. Photo: Bloomberg

    GoGoVan’s Steven Lam calls himself the firm’s biggest bottleneck

    - Jul 11, 2016 1:17pm
    Often referred to as one of the most successful startups in Hong Kong, GoGoVan continues to expand rapidly after raising fresh funds. But the founder of the on-demand logistics startup told the Hong Kong Economic Journal...
  • Appsflyer co-founder Oren Kaniel said many Israeli startups sold their core technologies too early, failing to tap their long-term potential. Photo: HKEJ

    Most Israel startups seen as too short-sighted

    - Jul 11, 2016 1:14pm
    Israel is often considered a paradise for startups, but not all startup firms agree. Oren Kaniel is one of the entrepreneurs holding a different opinion about startups in the country. Although it is true that lots...

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