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US startup brings innovative Islamic microfinance to Indonesia

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Founded in San Francisco and recently moved to Jakarta, a financial startup called Blossom aims at nothing less than shaking up the microfinance sector...
Aeon Microfinance to expand in Cambodia

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Aeon Microfinance plans to expand its branches in Cambodia this year and also diversify its products from the current base after two years of...
Myanmar microfinance loans capped at $500

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Microfinance institutions in Myanmar are worried a new directive by the sector’s regulator that caps loans at 500,000 kyat (nearly $500) could stifle small...
Microfinance in Cambodia surged 44% in 2013

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Cambodia's 38 microfinance institutions reported a 44 per cent increase in loan disbursements in 2013, according to a report of the National Bank of...
Thailand’s GL invests in Cambodian microfinance firm

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Group Lease Plc (GL), a financial services company specialised on motorcycle lease and listed at the Stock Exchange of Thailand, plans to acquire a...
Thailand sets maximum rate for microfinance at 36%

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Thailand's ministry of finance has set the lending rate for its upcoming microfinance programme at36 per cent annually or 3 per cent monthly, The...
Myanmar microfinance at 30% interest rate

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A new private bank in Myanmar, Myanmar Microfinance Bank, is currently awaiting the central bank's approval to commence operations. The bank will provide microfinance loans...
Myanmar requires up to $3b for microfinance programmes

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To set up its planned microfinance programme in 60,000 villages across the country in order to fight rural poverty, Myanmar will need up to...
Microfinance as key poverty eradication strategy for Myanmar

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Myanmar’s president Thein Sein has identified microfinance to tackle extreme poverty in the country. However, the country has still a long way to go to establish the necessary structures.
Microfinance

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The Philippines has been ranked fourth in the global microfinance industry in a poll conducted by the Economist Intelligence Unit (EIU) that included 55...

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Islamic microfinance offers an ethical foundation to entrepreneurship and risk sharing that is lacking in conventional instruments, Malaysia Prime Minister Datuk Seri Najib Tun...

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The new expressway between Phnom Penh and Sihanoukville (Picture: Xinhua) Cambodia’s government on October 9 approved a three-year...

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Slum at the outskirts of Phnom Penh © Arno Maierbrugger The poverty rate in Cambodia is expected to...

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A surprise announcement by Cambodia’s central bank on May 29 that it plans to phase out the...

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The Cambodia Securities Exchange in Phnom Penh The Cambodia Securities Exchange (CSX) saw its sixth listing on May...
Micro Loans Put Cambodia On Brink Of Debt Crisis

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The rapid rise of micro loans aimed at helping poor Cambodians to establish their own businesses has led...
Cambodia mulls inclusion of Islamic finance in microcredits

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Cambodia, a country whose official religion is Buddhism, but which has a sizeable Muslim minority, is thinking about the possibility to include Islamic finance...
First solar energy plants planned in Myanmar

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Myanmar will soon see its first-ever solar energy project, through the investment of about $480 million – the biggest investments by a US company...