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New act in Thailand to give social enterprises a big boost
Social Enterprises Act will propose that the National Legislative Assembly (NLA) set a target for the rest of this year and through 2018 to boost the number of social enterprises in the country.
- Categories
- Uncategorized
- Region
- Asia Pacific
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Ant Financial claims facial recognition first
The company deployed the technology in self-service terminals at a new health-focused restaurant launched by KFC in Hangzhou, China. Named Smile to Pay, the service enables users of Ant Financial’s Alipay mobile wallet service to pay for meals by scanning their facial features.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- digital payments
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Report says India is about to overtake China’s fintech
At more than twice the global average, China is currently the world leader in fintech service adoption, but current second-place India is expected to surpass its neighbor according to a report by EY (formerly Ernst & Young), a global accounting and consulting firm.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- digital payments, fintech
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The million-dollar social enterprise
Project Everest grew 1000 per cent last year and is on track to grow 250 per cent this year. In calendar 2016 the venture made $1 million in revenue.
- Categories
- Uncategorized
- Region
- Asia Pacific
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Funny money in Myanmar’s fintech sector
A prominent mobile money company appears to be flaunting regulations aimed at providing consumer protections in the burgeoning sector.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- fintech, mobile finance
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Google expands its public Wi-Fi program for emerging markets to Indonesia
The project is quite simple, it offers a free way to get online with a decent quality internet connection. The idea is that beyond making it easy to get public Wi-Fi — because let’s face it, it is usually a struggle — Google Station offers connectivity those who might otherwise be unable to afford it, or perhaps even unaware of it entirely.
- Categories
- Technology
- Region
- Asia Pacific
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Australia’s decreasing foreign aid budget offers chance for private companies to cash in
A handful of companies are cashing in on Australia's dwindling foreign aid budget, securing billions of dollars to do some of the work the Government used to do itself.
- Categories
- Uncategorized
- Region
- Asia Pacific
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Philippines, World Bank launch $206M disaster risk insurance program
In a statement, the World Bank said the new catastrophe risk insurance program launched by the Philippine government will cover national government assets affected by earthquakes and typhoons as well as losses from major typhoons of 25 provinces.
- Categories
- Environment
- Region
- Asia Pacific
- Tags
- climate change, insurance
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