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Mastercard Expands Global Commitment To Connect 1B People
Mastercard’s latest pledge builds on its 2015 financial inclusion effort to bring financial services to 500 million people. It also builds on the firm’s goals of reaching out to people all over the world who are facing physical and financial health issues due to COVID-19.
- Categories
- Finance
- Region
- Asia Pacific
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Cambodian Workers Owe $10 Billion in Microfinance Debt as COVID-19 Wipes Out Incomes
As COVID-19 wrecks Cambodia’s economy, workers and families face added risks from record-high levels of microfinance debt. Without income, many will be unable to repay their microloans and may lose their land or be forced further into debt.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific
- Tags
- microfinance
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Facebook in Talks Over Mobile Money in Indonesia
Three e-wallet operators interested in working with Facebook Pay to tap into massive Southeast Asian market.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- digital finance, fintech
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Can COVID-19 Catalyze Vietnam’s Digital Transformation?
Many of Vietnam’s swift and effective public health responses have been enabled by information technology.
- Categories
- Coronavirus, Technology
- Region
- Asia Pacific
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Malaysian Social Enterprise Teaches the Needy How to Be Entrepreneurs Despite COVID-19 Pandemic
PSC is a Malaysian social enterprise that aims to equalise financial capacity for marginalised communities, with the hopes of enabling them to have better livelihoods and teams up with welfare departments and NGOs to identify participants.
- Categories
- Coronavirus
- Region
- Asia Pacific
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World Bank Group Plans $12M Loan to Mongolia Microfinance Company
With the deal, Transcapital will be able to provide more access to finance for small enterprises and underserved individuals, especially women and people living outside the capital of Ulaanbaatar, IFC said.
- Categories
- Finance
- Region
- Asia Pacific
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Southeast Asia’s Renewable Energy Transition Likely to Take Hit From COVID-19: Experts
Southeast Asian nations already struggling to meet climate change targets will find those goals further from reach, with the unprecedented health emergency becoming the principal priority and a major economic burden.
- Categories
- Coronavirus, Energy
- Region
- Asia Pacific
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Press Release: Blue Planet Raises US$25 million from Nomura
This strategic engagement by Nomura's Loans and Principal Investments Area in Asia ex-Japan will help Blue Planet continue its efforts to develop integrated, inclusive and sustainable waste management solutions around the region.
- Categories
- Environment, Investing
- Region
- Asia Pacific
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