Why Entrepreneurship is key to Economic Growth, especially in Emerging Markets

Influenced by watching the tv-show Shark Tank every day, we have recently been writing a lot about “tech enabled” entrepreneurship and how we believe tech is lowering the barriers to doing business. However, we did not really substantiate the importance that entrepreneurship has. In this article we dig deeper. Academics see entrepreneurs as the innovators,. Read More

The Empowering Role of Ride-Hailing Companies in Developing Countries

The rise of ride-hailing applications has transformed the commuting habits of millions of citizens around the world. But its effects have been greater felt in developing countries where the amount of traffic has been increasing at an alarming rate; public transportation has become inefficient, inadequate, or too expensive; and populations continue to grow but public. Read More

Entrepreneurship unleashed: how Indonesia went from oligarchy to unicorn maker

There must be something in the water in Indonesia. Because in the span of just three years, the country managed to produce four unicorns – startups the have reached at least US $1 billion in valuation. Young people creating new businesses at scale is relatively new in Indonesia, as for decades, Indonesia’s formal economy was. Read More

On counting our blessings and tech start-up investing

Counting our blessings One day in San Francisco, a rare taxi trip took an interesting turn. If I had not spoken to the cab driver, a Russian man, I would not have heard his captivating story. He was one of many who were attracted to the idea of moving to America, the land of opportunity.. Read More

Opportunity amidst volatility

Recently, the Indonesian seed maker BISI International (BISI), faced headwinds due to weather disruptions. With inadequate production and inventory levels, the company had little inventory to sell, almost entirely erasing net profit during the first half of 2018. Consequently, the stock price declined following the earnings result announcement. “In the short run, the market is. Read More

New Retail in China

Here at Heyokha, we spend a lot of time analyzing Chinese tech and ecommerce opportunities, and most recently have focused on the disruption of the brick-and-mortar retail space by Chinese tech giants. They have been driving innovation and vertical integration in the retail space. So, when we recently had a chance to visit Chengdu and. Read More

Seven Days in Tibet: Tech and Spirituality in the Roof of the world

On a recent trip to Tibet, Heyokha team had the opportunity to see how things are in one of China’s most remote and desolated areas. It turned out reality was quite different from what we were expecting. Hidden on the highest plateau in the world, Tibet is known as being the home of golden monasteries. Read More

Indonesian agriculture data: is the incremental real?

Recently, both the Indonesian Ministry of Agriculture and the Jakarta office of the US Department of Agriculture (USDA) reported on corn production and harvested area. While the numbers always show some differences due to the use of different methodologies, this time the gap widened significantly. Corn harvested area 2014-2017: MoA vs. USDA data Looking at. Read More

A life lesson from a laundry lady

By Wuddy Warsono Okay, by now I had fully accepted that I would be spending Chinese New Year’s Eve alone, in my hospital room in New York. Since this was my first time doing so, I was tempted to read some tips on how to deal with New Year blues. Admittedly, I typed “How do. Read More

The Alchemy of Gold

Reading The New Case for Gold, we came across one very interesting chapter where the author James Rickards discussed a BBC interview with Andrea Sella, a professor of chemistry at University College London. Prof Sella provided an in-depth review of the periodic table of the elements to explain why gold, among all the atomic structures. Read More

About Our Blog

This blog covers observations made by our team. It can touch on any subject that we deem relevant for investors in Asean markets.