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Research on Microinsurance Explores How to Tap This “Unconventional Market”
Asia accounts for 80% of the global microinsurance industry, followed by Latin America and Africa with 15% and 5% respectively, according to ILO and Munich Re. Asia had the highest number of people with microinsurance cover, at 170.4 million in 2012.
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- Uncategorized
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Asia’s Biggest Vaccine Maker to Seek Fast-Track Nod for Dengue Drug in India
Asia's largest vaccine maker, Serum Institute of India, plans to file for fast-track approval to launch a dengue treatment in India, its chief executive said, potentially becoming the first company globally to launch a drug for the mosquito-borne virus.
- Categories
- Health Care
- Region
- South Asia
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Report: India Mobile Wallet Market to Reach US$ 6.6 Billion by 2020
According to TechSci Research report, "India Mobile Wallet Market Opportunities & Forecast, 2020", mobile wallet market in Indiais projected to reach US$ 6.6 billion by 2020. The mobile wallet market in India is projected to exhibit exponential growth during the forecast period, on account of rising smartphone penetration rate, growing mobile internet user base, and increasing government support. In addition, mobile wallet companies operating in India are also offering attractive deals and incentives to attract new users. In recent years, wallet companies have increasingly formed collaborations with service providers and financial institutions to offer a robust and seamless mobile wallet platform to the users. Usage of mobile wallet is growing across various applications such as money or banking transactions, mobile recharge & bill payments, ticket bookings, utility applications, etc. In addition, approval of payment bank licences of major companies such as Paytm, Vodafone, Airtel, etc. is projected to drive growth in the number of banking transactions through mobile wallet over the next five years.
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- Technology
- Region
- South Asia
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Mixed Fortunes for Agents as Customers Embrace Direct Cross-Border Mobile Money Transfer Service in Rwanda
Electronic payment systems, like mobile money services, have become one of the most convenient ways of paying utility bills, as well as sending money to the remotest village and buying top-up airtime. From students to the working class, traders, and peasants, anyone with a mobile money service registered cell phone number is one only an agent-away from receiving their cash.
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- Uncategorized
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GE Healthcare Commits $300M to New Emerging Markets Unit
GE Healthcare said today it will spend $300 million to develop lower-cost technologies and healthcare delivery solutions across multiple care settings in emerging markets through a new business unit.
- Categories
- Health Care
- Tags
- impact investing
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New MasterCard-SMU Program to Help Promote Financial Inclusion in Asia Pacific
MasterCard and the Singapore Management University (SMU) today announced the launch of a two-year Social and Financial Inclusion Programme.
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- Uncategorized
- Region
- South Asia
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Coke Discloses Millions in Grants for Health Research and Community Programs
Coca-Cola, the world’s largest maker of sugary beverages, has spent almost $120 million in the past five years to pay for academic health research, partnerships with major medical groups and community fitness programs aimed at curbing the obesity epidemic.
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- Education, Health Care
- Tags
- research
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Equitel Share Rises as Safaricom’s Declines
Equitel, the telecommunications arm of Equity Group, grew its share of the mobile telephony market to 2.4 per cent in June from 1.9 per cent in March, fresh official data showed on Friday, as big players marginally lost ground.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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