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OPEC Fund Provides $50 Million Loan to Vietnam’s SeABank for Small Business and Climate Financing
In a statement on Monday, SeABank said the loan can help it increase lending to micro, small, and medium-sized enterprises, which account for around half of employment in Vietnam but continue to face a significant financing gap.
- Categories
- Finance
- Region
- South Asia
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ADB, HDBank Sign $100 Million Loan to Expand Access to Finance for MSMEs, Women-Owned Businesses in Viet Nam
The financing will support HDBank’s medium- to long-term lending, with at least 40% of ADB’s financing directed to WMSMEs to provide more opportunities for women business owners. Proceeds will be on-lent to eligible MSMEs in line with HDBank’s sustainable finance framework, expanding support for underserved segments.
- Categories
- Finance
- Region
- South Asia
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ADB Approves $50 Million Loan to Modernize Nepal’s Customs, Boost Trade and Jobs
Aligned with Nepal’s Sixteenth Plan and broader efforts to promote private sector-led growth, diversify the economy, and strengthen resilience, the reforms support the implementation of the Government of Nepal’s Customs Reform and Modernization Plan, Trade Logistics Policy, and new Industrial and Logistics Trade Master Plan.
- Region
- South Asia
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Globe Launches Philippines’ First Starlink Satellite-to-Mobile Service
Globe said the launch supports its broader strategy to strengthen digital inclusion and improve disaster resilience by ensuring reliable connectivity remains available during emergencies and in underserved locations.
- Categories
- Technology, Telecommunications
- Region
- South Asia
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World Bank Backs Cambodia’s $115-Million Clean Energy Push, Flags Environmental Risks
The program will be implemented nationwide, covering both urban and rural areas, including Phnom Penh and the eastern provinces.
- Categories
- Energy
- Region
- South Asia
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Philippines Leads the World in Rush to Solar as Power Prices Soar
The rooftop solar rush has resulted in $407 million in panel imports in the three months through May, a 145% increase from a year earlier, according to trade data from China, which accounts for most global supply.
- Categories
- Energy
- Region
- South Asia
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Coast 4C Secures Funding to Scale Smallholder Seaweed Farming in Southeast Asia
Southeast Asia produces the majority of the world’s carrageenan, a seaweed-derived ingredient used across food, cosmetics, and pharmaceuticals, but supply remains fragmented across informal networks, limiting quality, consistency, and farmer income.
- Categories
- Environment, Investing
- Region
- South Asia
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First Circle Lands US $4.87 Million from Cathay United to Expand Philippine SME Loans
New financing gives First Circle fresh capacity to meet rising demand for working capital, business loans, and solar finance.
- Categories
- Investing
- Region
- South Asia
- Tags
- business development, lending, MSMEs
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