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Low-Income Filipinos Can Rely on Microinsurance When Disaster Strikes
The domestic insurance industry posted a stellar growth performance in the past year, registering an estimated 28 million Filipinos protected by microinsurance.
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- Uncategorized
- Region
- Asia Pacific
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The Secrets to Closing a $100m Venture Capital Funding Deal
London-based online money transfer business WorldRemit has closed a funding round worth $100m, backed by Technology Crossover Ventures and prior investor Accel Partners.
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- Investing
- Region
- Europe & Eurasia
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Hialeah Health-Tech Firm Attracts Investor Attention
Working out of a Starbucks in 2012, Obdulio Piloto saw an article about the Peter Thiel Foundation’s Breakout Labs’ funding effort for revolutionary technology projects.
- Categories
- Health Care, Technology
- Tags
- impact investing
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Inside Citi’s Plan to Deploy $100 Billion for Cities, Renewables, Climate
Today, Citi, the global banking giant, is announcing its next-gen sustainability strategy that includes an eye-popping number: $100 billion over 10 years for “lending, investing and facilitating” activities focused on mitigating climate and other sustainability solutions.
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- Energy, Environment
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Swiss Prosecutor Raids HSBC Office, Opens Criminal Inquiry
Geneva's public prosecutor searched HSBC's (HSBA.L) lakeside Swiss office on Wednesday after opening a criminal inquiry into allegations of aggravated money laundering, the second probe to hit the bank this week.
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- Uncategorized
- Region
- Europe & Eurasia
- Tags
- regulations
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Half the World’s Banks Could Disappear, and Most of the Branches
Banks have three to five years to get their digital act together before they enter a spiral of decline, according to a paper by McKinsey & Company. This view was echoed by BBVA chairman and CEO Francisco Gonzalez, who told media and analysts at the announcement of BBVA’s latest results that up to half the world’s banks could slip through the cracks as digital transformation takes hold.
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- Uncategorized
- Tags
- digital payments
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What Impact Investors Can Learn From Microfinance
What has microfinance achieved for the world’s poor? Estimates vary widely, but 300 million people are estimated to be direct beneficiaries of the microcredit movement, and more than $68 billion may be currently invested in the industry, according to a 2010 estimate from the Consultative Group to Assist the Poor, a unit of theWorld Bank.
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- Uncategorized
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Global Pharma’s R&D Re-Balancing
Earlier this week, in Michael Woodhead’s superb blog China Medical News, he wrote about “major problems with ‘serious’ research clinical trails carried out in China.” Michael points to a JAMA article and then proceeds to elaborate:
- Categories
- Education, Health Care
- Region
- South Asia
- Tags
- research