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Sri Lankan Business Owners Left Reeling From Shortages, Power Cuts Amid Spiralling Economic Crisis
As Sri Lanka is enveloped by its worst economic crisis in living memory, restaurants and other businesses across the island nation are being pushed to the brink by acute shortages of fuel and other essentials.
- Categories
- Uncategorized
- Region
- South Asia
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Gotrade Raises $15.5 Million to Make Investing Fun, Fair and Simple in Southeast Asia, Launches in Indonesia
Gotrade is an investing platform that allows users to trade fractional shares of U.S. stocks and ETFs.
- Categories
- Finance, Technology
- Region
- South Asia
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GoTo to Raise $1.1 Billion After Finalising IPO at Top End of Price Range
GoTo Group, Indonesia's biggest tech firm, said it plans to raise $1.1 billion in an initial public offering (IPO), pricing the deal in the top half of its indicative range and making it one of Asia's biggest IPOs so far this year.
- Categories
- Technology
- Region
- South Asia
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Pandemic Sends 4.7 Million More People Into Extreme Poverty in South East Asia – Asian Development Bank
The pandemic added 4.7 million more people to Southeast Asia's most extreme poor in 2021, reversing gains made in fighting poverty, the Asian Development Bank (ADB) said.
- Categories
- Coronavirus, Health Care
- Region
- South Asia
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$150 Million Asian Development Bank Loan to Support Green Recovery, Catalyze Financing Toward SDGs in Indonesia
The Asian Development Bank has approved a $150 million loan to support a facility aimed at accelerating Indonesia’s economic recovery from the coronavirus disease (COVID-19) pandemic and catalyzing public and private funds to support green and bankable infrastructure projects.
- Categories
- Coronavirus, Finance, Health Care
- Region
- South Asia
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Analysis: Indonesia’s Innovative Startups Are the Catalyst for Increasing Investment
In recent years, the explosive growth of Indonesia’s startup scene has grabbed global headlines. Its capital city, Jakarta, ranks third on Startup Genome’s 2021 “Emerging Ecosystems” with a combined startup valuation of USD 34 billion.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- innovation, startups
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Digital, Circular Economy Can Earn Thailand $3.4 Billion a Year Extra – World Bank
Digital and disruptive technologies and development of a circular economy can earn Thailand up to $3.4 billion each year in additional investments, savings and revenue, the World Bank said on Tuesday.
- Categories
- Technology, WASH
- Region
- South Asia
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GIC Invests $170 Million in TPG-Backed Health Firm
Singapore’s sovereign wealth fund GIC is investing $170 million (nearly Rs 1,300 crore) in TPG Growth-backed healthcare delivery platform Asia Healthcare Holdings (AHH), making it one of the largest PE deals in the hospital space in recent years.
- Categories
- Health Care
- Region
- South Asia
- Tags
- data
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