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Press Release: BRAC Receives $60 Million as 2020 Audacious Project to Lift 21 Million People From Extreme Poverty by 2026
Over the next six years, BRAC's Ultra-Poor Graduation Initiative will work with governments in countries with the greatest potential to scale BRAC's Graduation approach to help millions more people to lift themselves from extreme poverty.
- Categories
- Coronavirus, Education, Finance, Health Care, Investing, Uncategorized
- Region
- Asia Pacific
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Rural Fintech Startup Jai Kisan Raises USD$3.9 million From Nabard-Back Fund, Others
Jai Kisan, a Mumbai-based fintech platform, on Tuesday said it has raised Rs 30 crore funding from Arkam Ventures with participation of a fund backed by NABARD.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- fintech, rural development, startups
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Bangladesh Faces a Crisis in Remittances Amid COVID-19
The economic importance of the more than 10 million migrants from Bangladesh who sent close to $18 billion in 2019 cannot be overstated. International remittances normally represent around 7% of Bangladesh’s GDP. But the COVID-19 pandemic is having an acute effect on Bangladeshi migrants abroad, who are largely concentrated in countries with strict lockdown measures. Considering the large volume of Bangladeshi migrants in the Middle East, secondary economic impacts through depressed demand and falling oil prices will also likely add strain to the flow of remittances.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific
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Fintech Funding in Asia Suffers Under Coronavirus Impact
A lack of mega funding rounds and India heavily scrutinizing inbound capital have made for a dramatic quarterly drop for fintech funding.
- Categories
- Coronavirus, Finance, Technology
- Region
- Asia Pacific
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Viewpoint: Fintech a Game-Changer for Growth in Asia
Fintech is emerging as a driver of innovative financial solutions during COVID-19
- Categories
- Coronavirus, Finance, Technology
- Region
- Asia Pacific
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BRAC Survey Finds 95 Percent in Bangladesh Suffer Losses in Income Due to COVID-19
Brac in a latest survey said that the lockdown and social distancing measures announced to contain the spread of the COVID-19 pandemic has forced 95% people across the country to suffer a loss in their income.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific
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Social Distancing Mandate Gives Rise to New Job Roles in Factories
A new set of roles pertaining to shop-floor coordination to maintain six-feet distance between workers as well as sanitisation of workplace and employees has opened up amidst the coronavirus outbreak.
- Categories
- Coronavirus
- Region
- Asia Pacific
- Tags
- manufacturing
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The Pandemic is Hurting China’s Belt and Road Initiative
Some BRI projects are stalling as countries struggle to repay related debts.
- Categories
- Coronavirus
- Region
- Asia Pacific
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