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How Lee Kuan Yew Transformed Singapore From Small Town Into Global Financial Hub
Lee Kuan Yew, the founding father of one of Asia’s smallest but most developed economies, has died. Lee led Singapore after its separation from Malaysia to emerge as one of the world’s most powerful financial centres.
- Categories
- Technology
- Region
- Asia Pacific
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Viewpoint: To Reach India’s Rural Poor, Why Not Try Television Banking?
The Pradhan Mantri Jan Dhan Yojana (PMJDY) was envisioned to provide universal financial inclusion to rural and urban households. The mission includes not only providing universal banking access to all households but also micro-insurance. The government and commercial banks have accomplished the remarkable feat of opening 12.8 crore accounts within the last six months. While this is a laudable achievement, a number of issues related to servicing these accounts, mostly in remote and far-flung areas, may need to be addressed.
- Categories
- Technology
- Region
- South Asia
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Viewpoint: Can a Starbucks Model Educate the World’s Poor? Top Tech Funders Think So
Bridge International Academies is intent on disrupting education in Africa and other poor parts of the world. And with big backers like Bill Gates, Mark Zuckerberg, and Pierre Omidyar, the company has lots of momentum right now.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
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Alibaba Partners with British Lenders as it Expands Financial Platform Reach
Alibaba, the Chinese internet conglomerate, has formed another strategic alliance to provide loans to businesses. Earlier this month Alibaba inked an agreement with Lending Club to facilitate loans to US businesses seeking to purchase goods from China manufacturers. Now Alibaba has created a similar arrangement with ezbob and iwoca in the United Kingdom. This is the first deal by Alibaba, using e-credit line, to help provide credit to SMEs in Europe.
- Categories
- Technology
- Region
- South Asia
- Tags
- lending
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Press Release: MetLife Foundation Sponsors ‘The Financial Inclusion Challenge’ in Asia
Today, MetLife Foundation announced its exclusive sponsorship and launch of The Financial Inclusion Challenge. The Challenge, developed in partnership with MetLife Foundation and managed by The Wall Street Journal, is a two-year global project launching in Asia with the aim of encouraging non-profit and for-profit enterprises to submit proposals that provide innovative, sustainable solutions for individuals and families struggling to be part of the financial mainstream.
- Categories
- Education, Technology
- Region
- South Asia
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Uptake Boost for African e-Health Startups
African healthcare providers are gradually recognising the convenience and cost benefits of adopting patient portals integrating financial and clinical data, according to Frost & Sullivan, giving a boost to a number of startups operating in the e-health sector.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Inside MTN Mobile Money Saga in Uganda
Mobile money services in Uganda are coming under scrutiny and what is emerging is troubling. At the centre of the saga in which President Yoweri Museveni is personally involved, is Uganda’s biggest telecom operator, MTN, which is battling several allegations of fraud, and suits and counter suits in the courts.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Airtel Now Rolls Out Cross Border Mobile Money Service Between DRC, Zambia, and Rwanda
Bharti Airtel, the leading global telecommunications services provider with operations in 20 countries across Africa and Asia, has today announced the launch of a cross-border money-transfer service for Airtel Money customers between The Democratic Republic of Congo (DRC), Zambia and Rwanda.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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