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Indonesia Developing INA Pass, a Single Gateway to Access All Public Services
INA Pass will be a trusted digital identity for Indonesian citizens and will serve as a single sign-on to access the national portal of public services that INA Digital will launch in the near future.
- Region
- South Asia
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Jack Ma Scores Win After Fintech Mynt Hits $5 Billion Valuation
It’s a welcome boost for Ma, who had built internet company Alibaba into China’s most valuable corporation.
- Categories
- Finance, Technology
- Region
- South Asia
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Vietnam Renewable Energy Firms to Benefit From Direct Purchase Agreements
Analysts with broker Saigon Securities (SSI) say that the DPPA mechanism can encourage more investment in domestic renewable energy projects.
- Region
- South Asia
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Vietnam Mandates Facial Recognition for Digital Payments Above $390
The new policy change received validity from the State Bank of Vietnam at the start of July, with the banking regulator hinting at a strict enforcement of the rules.
- Categories
- Technology
- Region
- South Asia
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International Finance Corporation Providing USD $150 Million for Vietnam’s First Blue Bond
The package is designed to stimulate a viable blue finance market, promote green bonds, and support smaller businesses in Vietnam.
- Categories
- Investing
- Region
- South Asia
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Report: Global Remittances Slowed in 2023, Seen Rising in 2024 — World Bank
Remittances remained a crucial source of external finance for developing countries in 2023, bolstering the current accounts of several countries grappling with food insecurity and debt issues.
- Categories
- Finance, Technology
- Region
- South Asia
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Malaysia’s Paywatch Secures $30 Million Funding From a Mix of Equity and Credit Facilities
This is the largest funding round closed by an Malaysia-based earned-wage access (EWA) player in Southeast Asia.
- Categories
- Finance, Technology
- Region
- South Asia
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IFC Invests $100 Million in CitySavings’ Social Bond in the Philippines
Proceeds from the social bond will be used for loans to women in low and lower-middle-income groups.
- Categories
- Investing
- Region
- South Asia
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