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UN: Pandemic-fueled Collapse of Tourism Cost Five Asian Nations 1.6 Million Jobs
Almost one-third of job losses in the Philippines, Vietnam, Thailand, Brunei and Mongolia was in tourism, report says
- Categories
- Coronavirus
- Region
- South Asia
- Tags
- employment, tourism
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Report: Fintech Funding in Southeast Asia Triples to Record $3.5 Billion This Year
Financial technology funding in Southeast Asia jumped more than three times in the first nine months of this year compared with full-year 2020, reaching a record $3.5 billion, a report showed.
- Categories
- Finance, Technology
- Region
- South Asia
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Impact Credit Solutions and Bank Central Asia Partner to Offer Financing to the Indonesian Healthcare Sector
Bank Central Asia (BCA), a leading Indonesian commercial bank, and Impact Credit Solutions (ICS) have partnered to offer affordable financing to the Indonesian healthcare sector during the COVID-19 pandemic.
- Categories
- Coronavirus, Health Care
- Region
- South Asia
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Aspire Raises $158 Million Series B To Build a Full-Stack “Financial Operating System” for Southeast Asian Businesses
Aspire also operates in Indonesia and Vietnam and is laying the groundwork, including regulatory, to expand into other Southeast Asian markets,
- Categories
- Finance, Technology
- Region
- South Asia
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Alibaba-Backed eWTP Fund Enters Indonesia by Joining Insurtech Startup Fuse’s Series B Round
eWTP, an Alibaba-backed fund based in China, aims to tap startup opportunities in emerging markets.
- Categories
- Technology
- Region
- South Asia
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Malaysia-Based Socar Raises US $55 Million in Series B Funding Round From New Investors EastBridge Partners, Sime Darby
SOCAR plans to use the funding to support continuous tech enhancements, the introduction of clean mobility initiatives, and further development of its P2P car-sharing marketplace TREVO.
- Categories
- Investing, Technology, Transportation
- Region
- South Asia
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Analysis: Seaweed Farming Offers a Boost for Sri Lanka’s ‘Blue Economy’ Ambitions
Seaweed farming is an increasingly important part of the global food system and provides a range of benefits, including sustainable coastal livelihoods and economic diversification, food production, export revenue, climate change mitigation and adaptation, pollution control, and organic fertilizer.
- Categories
- Environment
- Region
- South Asia
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Press Release: IIX and the Australian Government Department of Foreign Affairs and Trade Launch Blended Finance Solutions to Benefit 2.5 Million Lives in Asia Pacific by 2023
With AUD2.75 million in funding from the Australian Government, IIX will unlock an additional AUD18 million through the catalytic use of the funding.
- Categories
- Investing
- Region
- South Asia
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