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IFC invests $67m in Apollo Health and Lifestyle for 29% stake
Apollo Health and Lifestyle Ltd (AHLL) has raised $67 million for a 29 per cent equity stake from International Finance Corporation (IFC), the private lending arm of the World Bank, according to a press statement. “IFC along with its associated entity has has made a primary equity infusion of Rs 450 crore thereby acquiring 29.03 per cent stake in Apollo Health and Lifestyle Ltd,” Apollo Hospitals Enterprise Ltd said in a BSE filing.
- Categories
- Health Care, Investing
- Region
- Asia Pacific
- Tags
- impact investing
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China pledges to further promote global health
Premier Li Keqiang on Monday said that China will continue to promote global health issues while providing assistance to other developing countries. Li made the remarks during a speech in Shanghai at the opening ceremony of the Ninth Global Conference on Health Promotion (GCHP).
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- Health Care
- Region
- Asia Pacific
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How Mining and the Military Created an HIV Epidemic in Indonesia’s Papua
Martina Wanago was sick. In fact, she was sure she would die. She had contracted HIV, which has reached epidemic proportions here in Indonesia’s remote and restive province of Papua. And like many of those infected, she didn’t know what was wrong with her.
- Categories
- Health Care
- Region
- Asia Pacific
- Tags
- mining
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Bayer extends supply facility in Beijing
Bayer inaugurated the extension program of its pharmaceutical products supply Beijing site over the weekend to provide its supply of prescription drugs for Chinese patients. The extension program, with an investment of 100 million euros ($105.9 million), was signed two years ago when German Chancellor Angela Merkel visited China.
- Categories
- Health Care
- Region
- Asia Pacific
- Tags
- public health
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Asia’s rich investors embrace social-impact investments
Asia's millionaires are the most socially conscious investors among their global peers, according to a new report.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- impact investing, research
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Survey: Multiple microloans making borrowers highly indebted in Indonesia
Fifty-nine percent of micro borrowers may be indebted as they face difficulties managing their finances to repay their mounting loans, according to a recent survey conducted in four cities in West Java.
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- Uncategorized
- Region
- Asia Pacific
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Small-Scale Fishers Get A Big Boost With First-Of-Its Kind Impact Investment Fund
At the Our Ocean Conference, hosted by U.S. Secretary of State John Kerry in Washington, D.C. today, Rare CEO Brett Jenks and the Global Environment Facility (GEF) CEO Naoko Ishii will be jointly announcing the development of the Meloy Fund for Sustainable Small-Scale Fisheries in Southeast Asia. The GEF, one of the largest funders of conservation worldwide, will be investing $6 million into the fund.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- impact investing
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Opinion: Asia’s Pharma Investment Shows the Benefit of Patent Protection
Next month in New York the United Nations will launch its long-awaited High Level Report on access to medicines. The U.N. hopes this will resolve the debate around intellectual property rights and access to medicines.
- Categories
- Health Care
- Region
- Asia Pacific
- Tags
- academia, public health