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Grameen Uniqlo social business gains ground in Bangladesh
Six years on, the joint venture between Grameen Bank Group and Japan's Fast Retailing Co. Ltd, which is operator of the UNIQLO brand, continues to steadfastly pursue business expansion by cultivating factories that share its social business ideals, developing traditional dress and other products to meet local needs and reviewing store development strategies.
- Categories
- Impact Assessment
- Region
- South Asia
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Amazon Launches Amazon Pay Balance in Bid to Increase Cashless Transactions in India
Amazon India on Friday launched its online wallet Amazon Pay Balance, in a bid to increase cashless orders.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Digital Payment Startups in India Unaware of High Security Risks
As India embraces a cashless economy, there has been a sudden spurt in new mobile wallet companies — but most of these start-ups are setting up digital shops without knowing the cyber risks involved, a top executive from US-based cyber security firm FireEye has emphasised.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Women Struggle to Repay Loans Taken From Microfinance Institutions in India
The demonetisation of Rs. 1,000 and Rs. 500 notes has severely affected women who had borrowed loans from microfinance institutions. While some of them have resorted to mortgaging gold and sell household items to pay weekly instalments, there have been cases where some attempted suicide as they were unable to bear the burden of repaying the loans.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance
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How Paytm is brazenly piggybacking on banks and telcos in India
It should be galling for telecom service providers like Airtel and Vodafone to find Paytm (used as a metaphor for mobile wallet service providers) using the mobile numbers of their customers to provide mobile wallet services to them.
- Categories
- Technology
- Region
- South Asia
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Viewpoint: Why Microfinance Is an Ugly Word in India’s Villages
Vidarbha, the cotton bowl of India - which has been periodically witnessing the spectre of suicide with farmers plagued by unmanageable debts taking their lives - is now back in news for almost similar reasons. This time, in the centre of the storm are microfinance institutions. Borrowers in four districts - Nagpur, Amravati Yavatmal and Wardha - have started defaulting on their loans, egged on by politicians.
- Categories
- Uncategorized
- Region
- South Asia
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Govt urges private health care providers to set up centres in rural areas
The government urged private health care providers to set up centres in semi-rural and rural areas in order to bridge the disparity in availability of healthcare services between urban and rural areas.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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Indian social enterprises have huge potential: British Council report
A majority (53%) of social enterprises in India are focussed on skill development, followed by 30% on education, according to a study on Indian social enterprises relased by the British Council on Thursday.
- Categories
- Agriculture, Education
- Region
- South Asia
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