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How Lee Kuan Yew Transformed Singapore From Small Town Into Global Financial Hub
Lee Kuan Yew, the founding father of one of Asia’s smallest but most developed economies, has died. Lee led Singapore after its separation from Malaysia to emerge as one of the world’s most powerful financial centres.
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- Technology
- Region
- Asia Pacific
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Chinese Phone Giant Xiaomi Tests Mobile Wallet That Pays Interest
Chinese phone giant Xiaomi has introduced a new wrinkle on the mobile wallet: A portable account that bears interest.
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- Uncategorized
- Region
- Asia Pacific
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- mobile finance
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Asia Steps Up Efforts to Reach the ‘Unbanked’
Across Asia, governments are experimenting with novel ways to widen access to financial services, from using mobile technology for transfers to allowing retail stores to take deposits in remote areas.
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- Uncategorized
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- Asia Pacific
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Korean Social Enterprises Go Global
Social enterprises — businesses that prioritize human and environmental benefits equally to profits — are effective vehicles to achieve development goals as their market-based approaches bring sustainability and scalability that are essential to create long-term impact.
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- Environment
- Region
- Asia Pacific
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State-Owned Bank Negara Indonesia Prepares to Launch Branchless Banking Program
State-owned Bank Negara Indonesia (BNI) is preparing to expand its electronic money (e-money) service to increase low-cost funds as well as to offer wider banking access.
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- Uncategorized
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- Asia Pacific
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Viewpoint: Poor Man’s Rich Man
It looks like fish. It smells like fish. When unsold and unmarketable, it usually rots and goes to waste. But not so in the fisherfolk community in Iligan, where excess catch of fish in season are collected for livelihood. It’s like chicken dung gathered by another community in Naawan, Misamis Oriental, and coconut husks collected from copra farms by a cooperative of former rebels who laid down their arms for life with society. Rotten fish, chicken dung, coconut husks – all biowastes that can be converted to organic fertilizers that communities can sell and make a living out of. For them, it is a way to resist poverty through their own productive work. But this is just half of the story.
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- Uncategorized
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- Asia Pacific
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As Overseas Money Dries Up, Indonesia Develops Its Own Vaccines
Indonesia is developing its own vaccines to fight infectious diseases because funds from the EU and other development agencies to its health sector are drying up. EurActiv reports from Indonesia.
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- Health Care
- Region
- Asia Pacific