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Indonesia?s Green Prosperity
On November 19, 2011, in Bali, Indonesia, Secretary of State Hillary Clinton signed a new partnership agreement with the Government of Indonesia providing more than $600 million of U.S. aid through the Millennium Challenge Corporation (MCC). More than half of these investments are dedicated to "green prosperity"-the sound idea that sustainable natural resource management and clean energy technologies accelerate economic growth and poverty alleviation. What does this mean in practical te...
- Region
- Asia Pacific
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China Reports Dramatic Drop in Rural Poverty
China has reported a dramatic decrease in rural poverty over the last decade. The number of rural citizens living below the national rural poverty line fell from 94.2 million people (10.2% of the rural population) in 2000, to 26.88 million (2.8%) last year, according to figures released Wednesday by China’s State Council. The sharp drop occurred despite the fact the national rural poverty benc...
- Region
- Asia Pacific
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People from India, China Potential Customers for Future: President Barack Obama
WASHINGTON: Appreciative of achievements made in a short span of time by India and China in areas like poverty alleviation, US President Barack Obama has told top CEOs from the Asia-Pacific region that people of the two Asian giants are "potential customers" for the future. "Whether it’s China, whether it’s India, these emerging countries, what they’re accomplishing in a few short decades -- a...
- Region
- Asia Pacific
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Bill Gates and the Chinese Government Want to Take On World Hunger
The world’s largest charitable foundation and one of the world’s more totalitarian governments might seem like odd bedfellows, but both, it turns out, have similar goals. The Bill & Melinda Gates Foundation announced that they are launching a far-reaching partnership with the Chinese government for international aid work on Wednesday. Over the coming months and years, the Gates Foundation and the Chinese Ministry of Scie...
- Region
- Asia Pacific
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Micro Credit Providing a Lifeline
Small-business owners are becoming more reliant on non-governmental organizations to provide capital. Chen Jia reports from Shaanxi province. Chinese farmers finding it hard to obtain bank loans are turning to micro-credit organizations to help them launch their own businesses, amid the accelerated expansion of the non-governmental financial system. With savings of only 1,000 yuan ($157) and no other income five years ago, Li Wenqin, a farmer in her 50s, never thought that she wou...
- Region
- Asia Pacific
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Wealthy Indonesians Start Sharing the Wealth
There are few places in the word where such vast contrasts exist that one can watch a Bentley overtaking a bajaj on city streets, an act that symbolizes the scale of economic inequality throughout the country. However, several determined Indonesians are aiming to take matters into their own hands as a means to provide greater opportunities to those who are less fortunate. Sandiaga Uno, a successful investor and CEO of Saratoga Capital, has found a unique way to link hi...
- Categories
- Agriculture
- Region
- Asia Pacific
- Tags
- agribusiness
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Cambodia: A Place for Pioneer Investors
Phnom Penh, Cambodia (CNN) - The most common image of Cambodia is the land of ancient temples and budget travelers. There’s now something else putting Cambodia on the map: foreign investors. Cambodia’s devastating recent history set the country back a generation. From 1975-78, the Communist Khmer Rouge killed intellectuals, destroyed the education system and pushed for an agrarian society that required families to be uprooted and separated. By the end of t...
- Categories
- Education
- Region
- Asia Pacific
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Thriving Social Enterprise Empowers Rural Poor in Philippines
Gandang Kalikasan, Inc. of Philippines has emerged as one of the sterling examples of how social enterprises can make a difference while being profitable at the same time. GKI is a unique social enterprise that was established four years ago by two sisters in Philippines, Anna Meloto-Wilk and Camille Meloto. It is now making a meaningful difference to the lives of thousands of rural poor in Philippines, while running an internationally successful business. Sisters Anna Meloto-Wil...
- Region
- Asia Pacific
Parent Organization
