The Arab Gulf Programme for Development (AGFUND) has decided to expand its programme to Southeast Asia and will launch first activities in the Philippines...
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...
US-based chemical company DuPont wants to enter the agricultural sector in Myanmar by assisting local farmers after it opens its office in the country...
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.
Asia is losing its grip in the battle against income inequality, with 11 of 28 Asian countries – representing 82 per cent of the region’s population – showing a widening wealth gap, the Asian Development Bank has noted.
The Paris-based Organisation of Economic Cooperation and the Development, a rich club of nations, has reported that the Philippines – despite its unexpectedly high...
The Philippines has been ranked fourth in the global microfinance industry in a poll conducted by the Economist Intelligence Unit (EIU) that included 55...
A German micro finance institution, Sparkassenstiftung für internationale Kooperation (Savings Bank Foundation for International Development, or SBFIC) will commence operations in Myanmar by the...