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Asian Development Bank Approves $600 Million Loan To Help PLN Improve Electricity Services in Java Island
The Sustainable and Reliable Energy Access Program will rehabilitate, strengthen, and expand PLN’s power grid and promote clean energy use.
- Categories
- Energy
- Region
- South Asia
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Asian Development Bank Signs $332 Million Deal With Government To Boost Sustainable Economic Recovery
The Asian Development Bank has signed a $332.05 million financing package with the Ministry of Economy and Finance to help Cambodia recover from the impact of the Coronavirus pandemic.
- Categories
- Coronavirus, Health Care
- Region
- South Asia
- Tags
- governance, lending
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Indonesian Fintech Flip Secures $48 Million in Series B To Support Expansion
Flip, an Indonesia-based fintech startup, announced it has raised $48 million in a Series B to accelerate its growth.
- Categories
- Finance
- Region
- South Asia
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Kinobi Nets US $1 Million Seed Funding To Support GenZ Career Development in Asia
Kinobi platform aims to bridge the "last-mile" education for Gen Z youths, helping them through the transition from school to work.
- Categories
- Education
- Region
- South Asia
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Precision Agriculture Platform Fasal Raises $4 Million From 3one4 Capital, Others
The company will use the funds to expand their business across India and Southeast Asia, strengthen their full-stack services, and ramp up hiring for sales and marketing, agronomy, and technology teams.
- Categories
- Agriculture
- Region
- South Asia
- Tags
- impact investing
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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