FinTech has become one of the many trending buzz words these days and everyone is diving into the market. Yet how many of these new technologies are actually helping to achieve the sustainable development goals or are they widening the digital gap? Pondering this question, I attended the Asia Pacific Pacific Business Forum (ABPF) 2018 organized by UNESCAP and Cyberport on 10 Apr which gave me some insight!
Mobility is an advantage. To enhance one’s mobility is not only about physical movements, but also their assets. Over 2 billion people of the world population are indeed unbanked, meaning that they have neither bank accounts nor access to existing traditional financial services. And more astonishingly, only 27 percent of the population in Southeast Asia has a bank account which signifies a serious equality gap here. To address this social issue, Mr. Alex Kong from TNG.Asia (http://tng.asia) shared his vision of helping these unbanked people and especially domestic helpers with the easy-to-use digital wallet service. With the wallet, they no longer worry about sending cash in an envelope back home and having it get lost in the mail along the way. Starting in Hong Kong, TNG already expanded to cover 12 Asian economies.
This is a prime example of how businesses can innovate to make an impact by navigating in the blue ocean of the underserved and meeting their needs. Rise with Asia now!
This.Is.Asia Newsletter Issues
Download the PDF for offline reading.read more
According to a recent report by MINTEL, London-based market research firm,Asia is slowly being looked upon a promising region for the global coffee market over the past 2 years.read more
An exciting progress is first round of training sessions on Internet Governance are completed which means ambassadors are one step close to be deployed to engage young people around Asia to know more Internet Governance advocacy. In past two months, they experienced a flipped classroomread more
The Asia Pacific Regional Internet Governance Forum (APrIGF) which will be held from 13 - 16 August at Port Vila, Vanuatu is now open for registrations. We have received a total of 108 workshop proposals covering a wide range of topics with Access & Empowerment and...read more
Young Asian Kiteboarders make their mark in the Youth Olympics Qualifiers in Thailand (www.thailandyog.asia) with China, Philippines, Australia and New Zealand going to Buenos Aires.
DotAsia Organisation recently teamed up with Kiteboard Tour Asia to support the Asian riders in their quest to qualify for the Youth Olympic Gamesread more