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Press Release: MoneyGram and Wing to Launch a New Mobile Wallet Service in Cambodia
Under this partnership, MoneyGram customers can remit and receive money conveniently via Wing Money mobile app. Customers also have the option to cash out using any of 7,000 WING cash Xpress outlets in Cambodia.
- Categories
- Finance
- Region
- Asia Pacific
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Temasek Raises S$385M for Impact Investing Fund, Targets Agriculture
The fund will look for companies that demonstrate commitment to generating a positive, measurable social or environmental impact, alongside the ability to deliver compelling risk-adjusted returns.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- impact investing
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Digital Financial Services to Generate $38 Billion in Southeast Asia, Study Finds
The region has seen a rapid adoption of digital finance since Southeast Asian ride-hailing giants Grab Holdings Inc. and Gojek funneled some of the billions they raised into in-app payments and financial services.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- digital finance
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Southeast Asia’s Booming Internet Economy to Boost Fintech Growth
In the e-Conomy SEA Report 2019, released earlier this month, the companies say that the region’s Internet economy has hit a new milestone, reaching US$100 billion for the first time this year, corresponding to a 39% increase from 2018. The sector is on track to hit US$300 billion in 2025, the report says.
- Categories
- Technology
- Region
- Asia Pacific
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The World’s Next Factory Won’t Be in South Asia
Faced with rising costs, Chinese manufacturers must decide whether to invest in labor-saving automation technologies or to relocate.
- Region
- Asia Pacific
- Tags
- manufacturing
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Grab Launches Social Impact Program to Upskill Southeast Asians
With the Grab for Good program, the company looks to help around 5 million micro entrepreneurs and small businesses digitize their workflows and processes.
- Categories
- Technology
- Region
- Asia Pacific
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Press Release: Indonesian Lending Startup JULO Raises $10M Series A2
“Access to affordable personal loans on a short-term basis is often the difference between a family being able to pay for its daily needs like education, or not,” said Adrianus, co-founder and CEO of JULO. “At JULO, we use proprietary credit scoring technology to put money in the hands of people who need it to pay for education, home improvements, or working capital -- all at affordable rates.”
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Viewpoint: China’s Belt and Road Global Infrastructure Plans Are Dooming the Planet
Unless the United States challenges Chinese claims and competes with Chinese development projects, Beijing will continue to diplomatically benefit from asserting leadership with little cost.
- Categories
- Environment
- Region
- Asia Pacific