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Foreign banks are pouring into Cambodia’s microfinance sector
When Samic Microfinance sold its entire operation to South Korea-based NongHyup Bank late last month, Samic’s CEO King Kap Kalyan said the decision was due to rising competition within the country’s financial industry.
- Region
- Asia Pacific
- Tags
- microfinance
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Indonesia’s Go-Jek to partner with peer-to-peer lending firms
Go-Jek, whose backers include Alphabet Inc’s Google and China’s Tencent Holdings, has grown rapidly since launching eight years ago in Indonesia, a country with a population of more than 250 million people.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- digital payments, fintech
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Win a car when you donate? Social enterprise online platform to ‘incentivise giving’
With a few clicks of the mouse, individuals can now make a donation online, and by doing so, earn a chance at winning a brand new Mercedes-Benz CLA 180 Coupe, or other cash prizes.
- Region
- Asia Pacific
- Tags
- philanthropy
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China is outpacing and outspending the U.S. on global development
China doubled its diplomacy budget over the last five years, proposing to increase its foreign affairs budget by 15 percent in 2018 alone, at the same time that the United States considers proposals to cut its funding for diplomacy and development by 30 percent.
- Region
- Asia Pacific
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Oil’s Surge Clouds Clean-Air Quest in Emerging Economies
The nations are embracing such supplies once again as crude’s recovery exacerbates economic pain and boosts inflation, threatening to undermine efforts made during oil’s slump to curb pollution.
- Categories
- Energy, Environment
- Region
- Asia Pacific
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These 3 social enterprises are championing sustainable agriculture in Southeast Asia
An increased focus on sustainability and social innovation is transforming the food and beverage industry in Southeast Asia.
- Categories
- Agriculture
- Region
- Asia Pacific
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MaGIC, UN launch bootcamp for youth-led startups, social enterprises in Malaysia
Youth Co:Lab is envisioned to connect young innovators with subject matter experts, leaders and businesses in order to develop their ideas and business models for social impact within their communities.
- Region
- Asia Pacific
- Tags
- global development, startups, youth
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Cambodia Establishes New Fintech Association
“We aspire to build Cambodia into the leading Indochine country for Fintech Innovation and Investment in the region. We target to achieve this by collaborating with stakeholders to create the best possible regulatory environment, and by fostering an ecosystem of supportive partners and networks so Fintech companies can thrive and grow in Cambodia.”
- Categories
- Finance
- Region
- Asia Pacific
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