This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Manulife Financial Announces "Manulife: Entry Into Asia Challenge" At The International Business Executive Of The Year Celebration

  • Business students at Canadian universities can compete for a top prize of $100,000


TORONTO, Nov. 16, 2012 /CNW/ - At the celebration of the Canadian Chamber of Commerce International Business Executive of the Year Award on November 15 in Toronto, Manulife Financial President and Chief Executive Officer Donald Guloien took the opportunity to announce the creation of a one-time only competition, the Manulife: Entry into Asia Challenge.

"Manulife is pleased to announce the establishment of the Manulife: Entry Into Asia Challenge," said Mr. Guloien. "I firmly believe that Canada's ability to diversify into Asian markets is key to our economic future. There can be no half-measures. We are excited to partner with the University of Toronto's Rotman School of Management on this unique competition."

The competition will provide undergraduate and graduate business students at Canadian universities the opportunity to create a business plan for a Canadian small or medium-sized enterprises (SMEs).  SMEs are the largest job creators in Canada, yet only account for roughly 28 per cent of Canada's GDP.

The competition will focus on the creation of a business plan for a SME to expand into any country in Asia.  Competing teams will be asked to demonstrate their ability to think strategically about entry into Asian markets while demonstrating their understanding of the unique attributes, challenges and realities facing Canadian SMEs.

The competition will offer a first prize of $100,000 a second prize of $50,000 and a third prize of $20,000.

The Rotman School's facilities and expertise with case competitions lends itself well to this one-time only opportunity. Additional details on the competition are available at

"We're thrilled to work with Manulife to help promote and build our future Canadian business champions entrance into Asia," said Roger Martin, Dean of Rotman School of Management. "We all know the dynamism of Canadian entrepreneurs and the opportunity to help them plan for development in an Asian market is a privilege."

About Manulife Financial Manulife Financial is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. In 2012, we celebrate 125 years of providing clients strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We also provide asset management services to institutional customers. Funds under management by Manulife Financial and its subsidiaries were C$515 billion ( US$523 billion) as at September 30, 2012. The Company operates as Manulife Financial in Canada and Asia and primarily as John Hancock in the United States.

Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be found on the Internet at

SOURCE Manulife Financial Corporation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,888.35 +168.43 0.95%
S&P 500 2,102.63 +22.22 1.07%
NASDAQ 5,156.3060 +47.64 0.93%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs