Watch more in iWant or TFC.tv MANILA – Aspiring entrepreneurs should look to taipans as role models, having demonstrated how to overcome obstacles and rise from failure, a Filipino-Chinese business group said Thursday. Young businessmen should aim for global expansion and market leaders can help them realize that dream, Taipan National Business Summit 2019 project head Kency Ongkeco said. … [Read more...] about News Taipans as role models for young entrepreneurs
We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused. Until we resolve the issues, subscribers need not log in to access ST Digital articles. But a log-in is still required for our PDFs. … [Read more...] about Xi’s China: Why entrepreneurs feel like second-class citizens
BEYLIKDUZU, Turkey: When Afghan businessman Haji Yakup Burhan fled the violence of his home country 30 years ago, he brought with him his family - and all his money.He headed to Saudi Arabia, where he opened a restaurant but, as refugees, his children had difficulty getting into a school. Then he moved to the United Arab Emirates, but Dubai's costs seemed impossible.So, two years ago, he moved to Turkey and opened a restaurant in Istanbul's Esenyurt neighbourhood, taking advantage of the country?s relatively open business environment for refugees."I have 15 people working for me in this restaurant. They are Afghans, Iranians and Turks."I have invested about US$120,000 (€107,000) in this restaurant so far," Burhan, 52, told AFP at his Afghan Kebab establishment."Over 60 per cent of our customers are Afghans living here. The rest are Arabs, Iranians and Turks," he said.Afghan refugee entrepreneurs appear to be increasingly finding success in Turkey, where they bring to the … [Read more...] about Afghan refugee entrepreneurs thrive in Turkey
Jakarta. The United Nations Educational, Scientific and Cultural Organization, or Unesco, and Citi Foundation hosted the Young Entrepreneur Gathering 2019 at Jakarta's Old City, or Kota Tua, on April 25-28. The event comprised a series of exhibitions, seminars and workshops to attract young enterpreneurs to develop new businesses at cultural heritage sites and tourist destinations around the country. The three-day event was part of Creative Youth at Indonesia Heritage Sites, a joint corporate social responsibility program by Citi Indonesia and Unesco Jakarta, funded by the Citi Foundation. The program supports a total of 400 young entrepreneurs from all around Indonesia. During the Kota Tua event, around 100 young entrepreneurs from the creative industry showcased their products, made new connections and learn about the long history of Kota Tua, which was opened in 1620 by Dutch governor general Jan Pieterszoon … [Read more...] about Young Entrepreneurs to Revive Jakarta’s Kota Tua
The beautiful, sun-kissed islands of our tourism paradise of the Philippines have the mixed blessings of abundant natural resources, fertile volcanic soil and also lots of natural disasters once in a while, such as earthquakes, volcanoes erupting, typhoons, and others. How can businesses — most especially the numerous micro, small and medium-scale enterprises (SMEs) — be prepared for any natural or manmade disasters? How can small enterprises and professionals survive calamities and accidents? The following is not based just on textbook research or interviews, but I personally suffered a destructive accidental fire in one of my businesses and it was caused by the fire from a next-door neighbor’s business (which had mysteriously been allowed to operate by the fire department without any fire extinguishers, while my staff had to use up to 13 units of 10-kilo and 20-kilo fire extinguishers). Here are suggestions for all of us: Review and be sure to update your … [Read more...] about How can small businesses & professionals prepare for disasters?