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Analysis: How the Regulatory Framework for Crowdfunding Platforms in Southeast Asia Will Benefit SMEs and Investors
Peer-to-peer (P2P) lending has come a long way since its early days as a casual crowdfunding platform. Today, individual borrowers and small and medium-sized enterprises (SMEs) can access loans without the hassle of going through banks and lengthy financial assessments.
- Categories
- Finance
- Region
- South Asia
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Grab Raises $300 Million for Fintech Arm’s Ambitious Expansion
Southeast Asian ride-hailing and food delivery giant Grab has raised more than $300 million from investors led by South Korea’s Hanwha Asset Management Co. Ltd for its rapidly-expanding financial services business.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech, startups
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Paper Giant App Failing Its Own Sustainability Goals: Report
From destruction of tropical peat ecosystems to the prevalence of burning to persistent community conflicts, a new study found that one of the world’s biggest paper producers has failed to uphold its own sustainability commitments.
- Categories
- Environment
- Region
- South Asia
- Tags
- business development, SDGs
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MOMO Secures Series D to Become Vietnam’s Next Super-App; Plans to Launch New Startup Fund
Vietnam-based payments app Momo has raised an undisclosed amount in Series D financing, says a DealStreetAsia report.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- digital payments, startups
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Development Bank of the Philippines Lends $13.4 Million to Agriculture Startup Project
State-run Development Bank of the Philippines (DBP) has lent P645 million to a domestic agriculture enterprise to help improve its banana flour and coconut sugar manufacturing and export capabilities.
- Categories
- Agriculture, Investing
- Region
- South Asia
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Agribusiness Giants ADM, Bunge Trading in ‘Conflict’ Palm Oil, New Human Rights Report Says
A report by Global Witness has found that more than 100 Indonesian palm oil mills supplying agribusiness giants ADM and Bunge have been accused of land and human rights violations and environmental destruction.A report by Global Witness has found that more than 100 Indonesian palm oil mills supplying agribusiness giants ADM and Bunge have been accused of land and human rights violations and environmental destruction.
- Categories
- Agriculture, Environment
- Region
- South Asia
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Majority of ASEAN Region Fintech Firms Are Planning to Raise Additional Funds While Expanding Operations in 2021: Report
Four in five or 80% of Fintech companies in the ASEAN region are focused on expanding their operations following the COVID-19 outbreak. ASEAN member countries include Brunei, Burma (Myanmar), Cambodia, Timor-Leste, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand and Vietnam.
- Categories
- Technology
- Region
- South Asia
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$500 Million Asian Development Bank Loan to Expand Financial Inclusion in Indonesia
The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support the Government of Indonesia's efforts to expand financial access among micro, small, and medium-sized enterprises and marginalized groups such as women and youth.
- Categories
- Finance
- Region
- South Asia
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