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Education Crisis in South Asia: COVID to Cause $1 Trillion Losses
The prolonged closure of schools is causing an education crisis that may cost Bangladesh and other South Asian countries over $1 trillion in lost earnings in the long run, according to a World Bank report.
- Categories
- Coronavirus, Education
- Region
- South Asia
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Big Brands Join $1 Billion Forest Conservation Push for Southeast Asia
Major household brands and palm-oil buyers Nestle and PepsiCo have backed a scheme that aims to invest $1 billion in forest conservation across Southeast Asia over 25 years.
- Categories
- Agriculture, Environment, Investing
- Region
- South Asia
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Cambodia’s Lenders Suspend Loan Principle, Interest Collection Amid Pandemic
Two associations representing Cambodia’s microfinance institutions (MFIs) and banks issued a joint statement Wednesday agreeing to grant borrowers a reprieve from repayment of loans and interest amid the country’s latest and deadliest outbreak of the coronavirus.
- Categories
- Coronavirus, Finance, Health Care
- Region
- South Asia
- Tags
- microfinance
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Press Release: Singapore-Based Neobanking Startup StashFin Raises $40 Million in Series B Extension Equity Financing Round
Singapore-based neo-banking startup Morus Technologies Pte Ltd 'StashFin' has announced the successful completion of Series B Extension equity financing of USD 40 million from a clutch of global investors.
- Categories
- Finance, Investing, Technology
- Region
- South Asia
- Tags
- fintech, impact investing, startups
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Vietnam Launches First Autonomous Vehicle
The vehicle boasts AI features including 3D maps, Lidar sensors, simultaneous localisation and mapping technology, and incorporates machine and deep learning within its software
- Categories
- Technology, Transportation
- Region
- South Asia
- Tags
- e-mobility, transportation
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O-City Partners with the Philippines’ Land Bank to Pilot Digital Payments in Public Utility Vehicles
BPC Technology’s payment division, O-City, is partnering with the Philippines’ Land Bank of the Philippines to pilot the country’s digital payments in Public Utility Vehicles such as buses and jeepneys.
- Categories
- Technology
- Region
- South Asia
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Singapore’s Temasek Allots $500 Million for Impact Investing in LeapFrog Tie-Up
Singapore’s Temasek Holdings is committing $500 million to a partnership with private equity firm LeapFrog Investments, in what both companies said was the largest ever commitment to an impact investor.
- Categories
- Investing, Social Enterprise
- Region
- South Asia
- Tags
- impact investing
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Mondelez Philippines: Snack Giant Partners With the Plastic Flamingo to Recycle Waste Into Eco-Bricks
Snack Food company Mondelez Philippines recently announced that it would “substantially” invest in plastic waste management and has teamed up with social enterprise The Plastic Flamingo to recycle waste into eco-bricks.
- Categories
- Environment
- Region
- South Asia
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