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Viewpoint: Buzzwords and tortuous impact studies won’t fix a broken aid system
Fifteen leading economists, including three Nobel winners, argue that the many billions of dollars spent on aid can do little to alleviate poverty while we fail to tackle its root causes.
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Industry body seeks government intervention to tame errant microfinance practitioners in Sri Lanka
LMFPA aims to self-regulate its 76 members through the code of conduct, particularly avoiding over indebtedness, maintaining transparency, promoting good recovery practices and maintaining healthy competition. Nafeer noted that an independent board would investigate the complaints lodged against its members and will take punitive action against errant members by terminating their membership if they continue to breach the code of conduct and same will be advertised in print media to inform the public.
- Region
- South Asia
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Sri Lanka Finance Minister Announces Cap on Microfinance Interest Rates
A cap on interest rates charged by micro-finance companies has been a long-term demand of groups agitating against exploitative loan schemes targeting the country’s poorest people.
- Region
- South Asia
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Judge suspends new taxes on mobile money, kerosene in Kenya
Justice Wilfrida Okwany issued the directive saying there would be no practical way of compensating Kenyan taxpayers who have already been affected by the implementation of the new taxes.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, public policy
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Report: Postal Services Vital For Remittance Delivery In Africa
Postal services can play a pivotal role in delivering remittances, lowering the transfer costs and providing access to basic financial services in Africa, says a new report.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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This idea helps empower the marginalized
Haqdarshak is a mobile and web technology platform that works on the delivery of scheme benefits to citizens.
- Categories
- Technology
- Region
- South Asia
- Tags
- public policy
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China’s agricultural paradigm shift
China’s agricultural support policies are moving towards marketised institutions, after a decade of state subsidies for direct production resulted in oversupply.
- Categories
- Agriculture
- Region
- Asia Pacific
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China’s Major Tech Firms Will Dominate SE Asia’s Emerging Markets: Who Wins And Who Loses?
Digital behemoths Alibaba and Tencent are expanding their e-commerce, cloud and data capabilities across the SEA region, which has a rapidly growing population of more than half a billion people.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- e-commerce, fintech, MSMEs, public policy
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