Stories about Economics & Business from July, 2014
Experts say the billion-yuan “stability maintenance industry” is designed to help the government tighten its grip over public opinion online -- and to turn a profit.
"Poetas en Marcha is Felipe the janitor, Sofia the overworked and underpaid secretary, the young adults laughing while having a beer after their final exams, the noble lady selling fruit."
Seoul is banning Uber and planning to release its own mobile app for taxi services. Who wins from such a move?
The Internet of Things is permanently and fundamentally revolutionizing our consumption habits.
On September 1, 2014 the Customs Service of the Republic of Cuba will begin enforcing new regulations intended to combat illegal trafficking of merchandise by relatives, friends and ‘mules’ (a slang term for couriers of goods from overseas through airports and port facilities). Iván's File Cabinet considers this “one more...
It's the latest food safety scandal to hit China, which has seen a spate of issues in recent years, including a 2008 milk contamination that killed six infants.
Leaked to the public, a contract between Norway's Statoil and the Tanzanian government highlights how fraught the question of revenues from Tanzania’s gasfields—and who will benefit from them—has become.
Property ownership is a critical ingredient of the society we are trying to build. No one can deny that. The wealthiest people and companies in this society have made a great part of their wealth through property dealings – buying, leasing, sub-dividing, selling, renovating and so on….property is critical to...
Police are confiscating and destroying truckloads of mangoes because they are contaminated with dangerous levels of formalin, a strong solution of formaldehyde sprayed on fruit to extend their shelf life.
The arrest of CCTV news anchor Rui Chenggang was related to his ties to PR firm Edelman subsidiary in China. Silicon Hutong took the opportunity to reflect upon public relation businesses in China: Two issues prevent widespread improvement in PR industry ethics in China. First is a persistent exclusivist belief...
For those who figure that the issue of net neutrality doesn't affect them, Trinidad-based blogger Activized connects the dots. The concept that “all data is created equal” is not as common as you might think: Local telecommunications company Digicel announced that they were banning certain VoIP application services from their...
Groups protesting a possible repeal of a colonial-era anti-sodomy law have tried to distance themselves from being labeled "homophobic." Caribbean bloggers insist on calling a spade a spade.
Online marketing consultant Elena Leukona runs the blog El Club del Marketing where she “(helps) every small business owners that don't have a marketing department so they may understand the fast world of Internet”. On the latest entry, she shares her expert opinion about Instagram, the visual social network with...
Lima's taxi drivers are peeved: the local authority says they must mark their cars to distinguish them from illegal cabs at a cost of US$70-535. Drivers think it's a bluff.
Corruption is a well-documented issue in Cameroon. For decades, political scandals have infamously stained the public administration due to multiple embezzlement charges, which in turn led to the creation of a special task force to fight corruption named “Operation Epervier“. The outcome of the task force has been mixed so...
Egyptian netizens are fuming over a price hike in fuel prices, which they say will lead to an increase in transportation, food and services costs.
RuNet Echo translates a column by Andrey Mima about a new draft law in Moscow that will require websites to store all Russian users' data inside Russia.
Japanese chat app Line has discovered a booming revenue model selling different sets of stickers. China's immensely popular WeChat is trying to catch up. Has it?
If the ban on U.S. travel to Cuba is lifted, private entrepreneurs residing on the island could bring in over $47 million in revenue each year.
The office producing passports was closed indefinitely. Many have been forced to cancel flights and people requiring medical treatment abroad have been affected.
Manufacturers have earned at least $500 million in export orders to sew World Cup jerseys for fans around the world. People in Bangladesh are also buying up the gear.