The document discusses microfinance in the Philippines. Microfinance provides small loans and savings services to help poor and small business owners manage their finances. It aims to help people escape poverty by providing financial access. Many developing countries have large numbers of self-employed workers who lack access to traditional banking services. Microfinance institutions fill this need by offering small, risk-managed loans. The document also discusses the growth potential of the finance industry in the Philippines given factors like population growth, a young workforce, growth in industries like business process outsourcing, and infrastructure development.
Is Foreign Debt A Problem Of BangladeshRayees Aryan
This document discusses external debt and foreign aid in developing countries, specifically Bangladesh. It provides background on external debt, how it is incurred by governments and includes money owed to other governments and international financial institutions. It then discusses the debt of developing countries, how some levels of debt accumulated following the 1973 oil crisis when prices increased. It also notes that while some funds went to infrastructure, a proportion was lost to corruption or spent on arms. The document discusses debates around cancelling developing country debts and reasons for and against cancellation. It provides an overview of foreign aid received by Bangladesh since independence, including key sectors aided. It discusses types of aid including grants, loans, food aid and project aid. It concludes by discussing perspectives on the relationship between
Financial Institution on Economic Growth in SomaliaDaud Dahir Hassan
This study of financial institutions and its impact of economic growth in Somalia have been used to the following variables to analyze how financial institutions and economic growth are related to each other. Bank, remittance “Hawala” and microfinance institutions, Gross domestic production, employment rate and national income are independent and dependent variables respectively that we have analyzed.
The IMF was created to address financial problems and promote monetary stability. However, its policies have marginalized less developed countries (LDCs) by imposing loan conditions that are unsuitable and increase dependence. Nigeria initially had little debt but accumulated large debts under successive governments. While leaders criticized IMF conditions, they ultimately accepted its prescriptions. Structural adjustment programs had negative impacts like contraction of incomes and costs borne by the poor. The debt crisis can be understood through dependency theory which views LDCs as peripheries exploited to benefit wealthy center states. However, liberalization was meant to reduce resource gaps but paradoxically increased indebtedness and poverty. Corruption by leaders and exploitation in trade relations between Nigeria and Western nations worsened the debt situation.
Microfinance Banking and Development of Small Business in Emerging Economy: N...iosrjce
The research study examines the Microfinance Banking and Development of Small Business in
emerging economy: Nigerian Approach. The Microfinance Banks (MFBs) serve as an engine through which
economic industrial development subsists in Nigeria. MFBs have been involved in the promotion, growth and
development of the informal sector and remains heralded strategy for industrial development in emerging
economies including Nigeria. The primary source of data was adopted via questionnaire and oral interview. A
simple regression was used to address the responses of the respondents gathered though the questionnaire in
order to derive logical conclusion for the study. It was however established that MFBs have the capacity to
boost economic development in Nigeria through the support of government agency (CBN) to keep them tracked
and to be focused on the objectives for which they were established. Also, the reviewing and refining of the
National Microfinance development Strategy Policy for MFBs in Nigeria is remarkable and commendable. The
paper further recommends that MFBs’ operations should be continuously be monitored by the regulatory
agency (CBN) in order to adequately address the gap in terms of credit, savings and other financial services
required by the micro entrepreneurs. The latent capacity of the poor for entrepreneurship would be significantly
enhanced through the provision of microfinance services to enable them engage in economic activities and be
more self-reliant, increase employment opportunities, enhanced household income,create wealth etc.
These slides were presented in one of Kolega's event, Ruang Temu 2. It contains facts about millennials according to their spending, problems that millenials might encounter in managing their financial, and also solutions that might help them.
Dissertation fdi-foreign-direct-investmentTutors India
We write abstract for your master’s dissertation which would approximately contain 250 to 350 words. We complete the abstract after the full dissertation has been written that includes a brief summary of introduction or background, objectives, boundaries, methodology, the results of the dissertation research, main conclusion that you arrive, and recommendations
Paper on Emerging Economies by Abhishek PandeAbhishek Pande
1. The document discusses financial reforms in emerging Asian economies. It analyzes policies around fiscal consolidation, sustainable growth, and increased economic cooperation within Asia.
2. Key points include the importance of resolving policy uncertainty in advanced economies to support Asian growth, deeper fiscal and financial integration in Europe, and opportunities for greater trade and financial integration within Asia.
3. The paper recommends setting up financial oversight agencies in emerging Asian nations to coordinate regulation and support sustainable development goals in the region.
Independently researched and drafted a busiiness plan for the creation of a new Mass Affluent banking group targeting the underserved, albeit affluent South Asian population in the United States. Originally prepared in 2004.
Is Foreign Debt A Problem Of BangladeshRayees Aryan
This document discusses external debt and foreign aid in developing countries, specifically Bangladesh. It provides background on external debt, how it is incurred by governments and includes money owed to other governments and international financial institutions. It then discusses the debt of developing countries, how some levels of debt accumulated following the 1973 oil crisis when prices increased. It also notes that while some funds went to infrastructure, a proportion was lost to corruption or spent on arms. The document discusses debates around cancelling developing country debts and reasons for and against cancellation. It provides an overview of foreign aid received by Bangladesh since independence, including key sectors aided. It discusses types of aid including grants, loans, food aid and project aid. It concludes by discussing perspectives on the relationship between
Financial Institution on Economic Growth in SomaliaDaud Dahir Hassan
This study of financial institutions and its impact of economic growth in Somalia have been used to the following variables to analyze how financial institutions and economic growth are related to each other. Bank, remittance “Hawala” and microfinance institutions, Gross domestic production, employment rate and national income are independent and dependent variables respectively that we have analyzed.
The IMF was created to address financial problems and promote monetary stability. However, its policies have marginalized less developed countries (LDCs) by imposing loan conditions that are unsuitable and increase dependence. Nigeria initially had little debt but accumulated large debts under successive governments. While leaders criticized IMF conditions, they ultimately accepted its prescriptions. Structural adjustment programs had negative impacts like contraction of incomes and costs borne by the poor. The debt crisis can be understood through dependency theory which views LDCs as peripheries exploited to benefit wealthy center states. However, liberalization was meant to reduce resource gaps but paradoxically increased indebtedness and poverty. Corruption by leaders and exploitation in trade relations between Nigeria and Western nations worsened the debt situation.
Microfinance Banking and Development of Small Business in Emerging Economy: N...iosrjce
The research study examines the Microfinance Banking and Development of Small Business in
emerging economy: Nigerian Approach. The Microfinance Banks (MFBs) serve as an engine through which
economic industrial development subsists in Nigeria. MFBs have been involved in the promotion, growth and
development of the informal sector and remains heralded strategy for industrial development in emerging
economies including Nigeria. The primary source of data was adopted via questionnaire and oral interview. A
simple regression was used to address the responses of the respondents gathered though the questionnaire in
order to derive logical conclusion for the study. It was however established that MFBs have the capacity to
boost economic development in Nigeria through the support of government agency (CBN) to keep them tracked
and to be focused on the objectives for which they were established. Also, the reviewing and refining of the
National Microfinance development Strategy Policy for MFBs in Nigeria is remarkable and commendable. The
paper further recommends that MFBs’ operations should be continuously be monitored by the regulatory
agency (CBN) in order to adequately address the gap in terms of credit, savings and other financial services
required by the micro entrepreneurs. The latent capacity of the poor for entrepreneurship would be significantly
enhanced through the provision of microfinance services to enable them engage in economic activities and be
more self-reliant, increase employment opportunities, enhanced household income,create wealth etc.
These slides were presented in one of Kolega's event, Ruang Temu 2. It contains facts about millennials according to their spending, problems that millenials might encounter in managing their financial, and also solutions that might help them.
Dissertation fdi-foreign-direct-investmentTutors India
We write abstract for your master’s dissertation which would approximately contain 250 to 350 words. We complete the abstract after the full dissertation has been written that includes a brief summary of introduction or background, objectives, boundaries, methodology, the results of the dissertation research, main conclusion that you arrive, and recommendations
Paper on Emerging Economies by Abhishek PandeAbhishek Pande
1. The document discusses financial reforms in emerging Asian economies. It analyzes policies around fiscal consolidation, sustainable growth, and increased economic cooperation within Asia.
2. Key points include the importance of resolving policy uncertainty in advanced economies to support Asian growth, deeper fiscal and financial integration in Europe, and opportunities for greater trade and financial integration within Asia.
3. The paper recommends setting up financial oversight agencies in emerging Asian nations to coordinate regulation and support sustainable development goals in the region.
Independently researched and drafted a busiiness plan for the creation of a new Mass Affluent banking group targeting the underserved, albeit affluent South Asian population in the United States. Originally prepared in 2004.
This document discusses whether Asia could see a repeat of the 1997 Asian financial crisis. It argues that Asia is in a much stronger position now than in 1997 for three main reasons:
1. Current account balances have improved substantially across most Asian economies since 1997. This reduces vulnerability to capital outflows.
2. Foreign exchange reserves are at much higher levels relative to GDP compared to 1997. This provides a larger buffer against currency weakness.
3. Dependence on external debt, particularly short-term debt, has fallen significantly. Balance sheets now have less currency and duration mismatch compared to 1997.
Additionally, most Asian currencies now have more flexible exchange rate regimes compared to the fixed pegs that exacerbated the crisis
The Philippines experienced strong economic growth in 2012 of 6.6% GDP growth for the full year, led by strong household consumption. Other Asian economies also saw robust growth such as China at 7.7% and Indonesia at 6.2%. While government bureaucracies pose challenges to business according to rankings like the World Bank's Ease of Doing Business report, Asia is projected to continue anchoring global economic growth in the coming years due to large populations and emerging markets. The Philippines government should aim to sustain its high growth by reducing business costs and improving the bureaucratic environment.
The Asian Financial Crisis began in Thailand in 1997 and spread to other Asian countries, sparking fears of a global economic meltdown. Thailand's currency collapsed under the weight of foreign debt, driving the country into bankruptcy. As the crisis spread, currencies and stock markets declined across Southeast Asia and Japan. The crisis stemmed from inappropriate borrowing by the private sector for speculative investments during a period of strong economic growth. When firms could not repay loans, creditors withdrew funds from the region, placing further pressure on currencies. The crisis exposed weaknesses like overvalued currencies, inadequate financial regulation, and heavy reliance on short-term external debts. Governments and the IMF implemented policies to stabilize currencies and financial systems while addressing rising unemployment and social impacts.
The document discusses the outlook for Indonesia's real estate industry in the coming years. It predicts that retail properties and office space will see the strongest growth, driven by increases in the retail and business sectors. Analysts forecast 10% growth for the property sector in 2011, despite inflation and higher interest rates. This growth is supported by Indonesia's growing economy and domestic consumption, which has helped shield it from slowdowns in other countries. Barring any major economic issues, the fundamentals are in place for the real estate industry to have significant years ahead in Indonesia.
The Asian Financial Crisis began in Thailand in 1997 and spread to other Asian countries. Countries had high debt levels, currency pressures, and collapsed asset prices as foreign capital rapidly pulled out. Thailand, Indonesia, South Korea, and other Southeast Asian countries were most affected. The IMF intervened and provided bailout loans with conditions of austerity measures, which some argue exacerbated recessions. While some countries recovered, the crisis highlighted the risks of heavy reliance on foreign capital inflows and foreign debt.
The Asian financial crisis began in July 1997 in Thailand and spread to other Asian countries, causing stock market declines of 30% and recessions. It was caused by overvalued currencies from large capital inflows and an overreliance on short-term foreign borrowing, which led to currency depreciation and debt defaults when capital fled. While growth slowed, countries recovered through currency devaluations and reforms to financial regulation and oversight. China and other countries in East Asia have since maintained rapid growth through competitive export-led economies and investment in education.
Development finance refers to using capital flexibly to spur economic opportunity and reduce poverty. It works to connect unbanked and underbanked areas to financial markets and support rural development through financial assistance. The core elements of development finance are to create growth, improve human development, and reduce poverty by focusing on sectors like SMEs, agriculture, and microfinance that can generate employment. While alone finance cannot overcome poverty, development finance plays a role in rural development and poverty alleviation.
The new Jokowi administration faces challenges in implementing reforms due to opposition in parliament, but has shown a willingness to cut subsidies without approval. To attract needed investment, Indonesia must address long-standing issues like complex regulations and corruption, and clarify its stance on resource nationalism. Reducing policy uncertainty would unlock Indonesia's economic potential and is a priority, as unclear rules increase costs for businesses and limit private sector opportunities. Improving human capital and infrastructure will take longer, but clearer policies could have an immediate impact.
The 120th SLBC meeting was held in Bhubaneswar on May 26, 2010 under the chairmanship of S.K. Goel, CMD of UCO Bank. Key highlights included the Honorable Finance Minister of Orissa urging banks to improve CD ratios, increase lending to priority sectors like agriculture and MSMEs, and adopt the BC model for NREGA payments. The Agriculture Production Commissioner emphasized the need to increase CD ratios and priority sector lending. The RBI Regional Director pledged RBI's full cooperation and support to achieve 100% financial inclusion. Action plans were discussed to boost credit in sectors like horticulture, handicrafts, and cashew processing.
The document discusses financial inclusion in India and the Reserve Bank of India's efforts toward achieving it. It provides an overview of the objectives of financial inclusion, which include increasing savings, investment, and economic growth by bringing the unbanked masses into the formal banking system. It notes that while progress has been made, access to financial services remains limited. The Reserve Bank of India has adopted a structured approach focused on both supply-side and demand-side constraints, using banks as the main vehicles for inclusion but allowing partnerships with non-banks. More efforts are still needed to achieve universal financial inclusion across India.
This document aims at raising awareness of college students who receive their first introductory training course on international development. At the end of this course, the students will understand the need for synergies between the public and private sectors in order to increase available fund to fulfill the Sustainable Development Goals (SDGs). It is of the utmost importance that the international community mobilizes itself towards the fulfillment of the SDGs within the next 15 years. The self-explanatory figure explains the process of financing for development while the short text brings an overall explanation.
Vietnam's Recent Economic Development 2013Quynh LE
This report provides an update on Vietnam's recent economic developments. It summarizes that global growth is stabilizing at a moderate pace, though recovery in industrial production has been uneven across countries. Financial market conditions have improved due to monetary easing, but capital costs for developing countries are rising as risks in high-income countries recede. Inflation remains benign in most countries, prompting further monetary policy easing. Trade growth has slowed after a cyclical rebound, while most commodity prices have weakened in response to increased supply and substitution.
Asian Development Bank Outlook (ADO) 2019 updateMYO AUNG Myanmar
The Asian Development Bank report provides the following key points:
1) Developing Asia's GDP growth is projected to slow from 5.9% in 2018 to 5.4% in 2019 and recover slightly to 5.5% in 2020, as global trade slows and investment weakens.
2) Inflation across developing Asia is forecast to increase from 2.4% in 2018 to 2.7% in both 2019 and 2020, driven partly by rising food prices.
3) Risks to the growth outlook are tilted to the downside, including potential escalation of the US-China trade conflict and proliferation of private debt in some Asian economies.
This document summarizes key information about living and working in Japan as an expatriate. It provides details on Japan's culture, economy, and cost of living. The economy relies heavily on manufacturing and exports, though it struggled with recession in 2014 due to a sales tax increase. Living in major cities like Tokyo and Osaka is expensive, ranked among the most costly globally, though salaries are also high. Housing is typically small apartments, with rent and other costs lower outside major urban areas. Overall, Japan offers a unique cultural experience and ranks favorably for quality of life, safety, education and career opportunities.
The document provides an overview of opportunities for social entrepreneurs to support financial inclusion through the development of financial tools and services. It discusses how social entrepreneurs can create tools for individuals experiencing financial insecurity, micro, small and medium enterprises (MSMEs), and financial institutions serving low-income customers. Examples of financial tools created by social enterprises include chatbots to educate customers, platforms to help institutions better serve low-income clients, and microloans for farmers. The document emphasizes that technology, such as mobile phones, has been critical to advancing financial inclusion by lowering costs and enabling new data-driven methods, though digital tools have also not fully reached the most underserved groups.
The Asian Development Bank (ADB) was founded in 1966 and is headquartered in Manila, Philippines. The ADB's mission is to promote economic growth, reduce poverty, and improve living standards in Asia and the Pacific region. It provides loans, technical assistance, and grants to its developing member countries for purposes such as improving infrastructure, health, education, and governance. The ADB gets its funding from contributions from member countries as well as bond issues and has 67 total member countries.
India is well positioned to outperform global markets in the next 5-10 years according to investors at a global investor conference. While global economic outlook remains cautious, India has stabilized with declining inflation and interest rates are expected to be cut to support the economy. India also benefits from a comfortable external sector and stable rupee. Most investors still have faith in India's growth potential and see it leading the global economic recovery. India offers attractive stock valuations and selective large caps as well as midcaps present growth opportunities according to fund managers. However, some uncertainty remains around potential negative global events.
Managing Director of Lotus Capital Limited
Mrs Hajara Adeola is the Managing Director of Lotus Capital Limited, a Nigerian pioneer in Shari'ah compliant Asset Management, Private Wealth Management Advisory Services and Financial Advisory Services. She comes to Lotus Capital from UBS Warburg where she was a Director heading their London Islamic Finance Desk. Her responsibilities included structuring and trading Islamic Finance investment instruments for European private clients and multi- currency money market instruments for institutional clients (UK private banks). She was also responsible for structuring innovative Islamic Finance instruments to meet evolving client requirements and liaising with the Shari'ah consultants for approval.
Prior to joining UBS, she was a Convertible Bond Research Analyst at BNP Paribas, London where her primary responsibility was to analyze, write and publish daily and quarterly research on European convertible bonds. This research was published on Bloomberg and distributed to BNP Paribas' worldwide institutional convertible client base daily. In addition, she structured and priced primary convertible bond issues for corporate clients and gained invaluable experience in the over the counter structured finance field. Mrs. Hajara Adeola began her career as a consultant at Andersen Consulting (now Accenture). From there she joined ARM Investment Managers as a pioneer staff and rose to Vice-President and Head of the Research and Financial Advisory Units. Her responsibilities included equity research, trading and investment management of global equity portfolios and financial advisory assignments (feasibility reports, business plans, project management and fund raising). In all, she has over 15 years of international experience in research and analysis, investment management and corporate finance.
Financial Institutions and Economic Growth in SomaliaDaud Dahir
This study of financial institutions and its impact of economic growth in Somalia have been used to the following variables to analyze how financial institutions and economic growth are related to each other. Bank, remittance “Hawala” and micro-finance institutions, Gross domestic production, employment rate and national income are independent and dependent variables respectively that we have analyzed.
The Philippines experienced strong economic growth in 2012 and is projected to continue growing in 2013. The economy expanded 7.1% in the third quarter of 2012, its highest rate since 2010, driven by consumption and government spending. Meanwhile, the stock market has reached over 35 record highs in the last 11 months, and may continue rising to 6,000-6,500 levels. Inflation is forecast to be around 3.5% while interest rates are expected to remain low, encouraging more growth. Challenges include volatility from global economic uncertainties and disputes over public-private partnership projects.
Fostering Competitiveness of the Philippines to attract Foreign Direct Invest...Roby Camagong
This business report provides fact-based insights and analysis to help the Philippine government (Department of Trade and Industry and Philippine Central Bank) make the right decisions and trade-offs in making their economy more competitive to attract foreign direct investments from the US.
This document discusses whether Asia could see a repeat of the 1997 Asian financial crisis. It argues that Asia is in a much stronger position now than in 1997 for three main reasons:
1. Current account balances have improved substantially across most Asian economies since 1997. This reduces vulnerability to capital outflows.
2. Foreign exchange reserves are at much higher levels relative to GDP compared to 1997. This provides a larger buffer against currency weakness.
3. Dependence on external debt, particularly short-term debt, has fallen significantly. Balance sheets now have less currency and duration mismatch compared to 1997.
Additionally, most Asian currencies now have more flexible exchange rate regimes compared to the fixed pegs that exacerbated the crisis
The Philippines experienced strong economic growth in 2012 of 6.6% GDP growth for the full year, led by strong household consumption. Other Asian economies also saw robust growth such as China at 7.7% and Indonesia at 6.2%. While government bureaucracies pose challenges to business according to rankings like the World Bank's Ease of Doing Business report, Asia is projected to continue anchoring global economic growth in the coming years due to large populations and emerging markets. The Philippines government should aim to sustain its high growth by reducing business costs and improving the bureaucratic environment.
The Asian Financial Crisis began in Thailand in 1997 and spread to other Asian countries, sparking fears of a global economic meltdown. Thailand's currency collapsed under the weight of foreign debt, driving the country into bankruptcy. As the crisis spread, currencies and stock markets declined across Southeast Asia and Japan. The crisis stemmed from inappropriate borrowing by the private sector for speculative investments during a period of strong economic growth. When firms could not repay loans, creditors withdrew funds from the region, placing further pressure on currencies. The crisis exposed weaknesses like overvalued currencies, inadequate financial regulation, and heavy reliance on short-term external debts. Governments and the IMF implemented policies to stabilize currencies and financial systems while addressing rising unemployment and social impacts.
The document discusses the outlook for Indonesia's real estate industry in the coming years. It predicts that retail properties and office space will see the strongest growth, driven by increases in the retail and business sectors. Analysts forecast 10% growth for the property sector in 2011, despite inflation and higher interest rates. This growth is supported by Indonesia's growing economy and domestic consumption, which has helped shield it from slowdowns in other countries. Barring any major economic issues, the fundamentals are in place for the real estate industry to have significant years ahead in Indonesia.
The Asian Financial Crisis began in Thailand in 1997 and spread to other Asian countries. Countries had high debt levels, currency pressures, and collapsed asset prices as foreign capital rapidly pulled out. Thailand, Indonesia, South Korea, and other Southeast Asian countries were most affected. The IMF intervened and provided bailout loans with conditions of austerity measures, which some argue exacerbated recessions. While some countries recovered, the crisis highlighted the risks of heavy reliance on foreign capital inflows and foreign debt.
The Asian financial crisis began in July 1997 in Thailand and spread to other Asian countries, causing stock market declines of 30% and recessions. It was caused by overvalued currencies from large capital inflows and an overreliance on short-term foreign borrowing, which led to currency depreciation and debt defaults when capital fled. While growth slowed, countries recovered through currency devaluations and reforms to financial regulation and oversight. China and other countries in East Asia have since maintained rapid growth through competitive export-led economies and investment in education.
Development finance refers to using capital flexibly to spur economic opportunity and reduce poverty. It works to connect unbanked and underbanked areas to financial markets and support rural development through financial assistance. The core elements of development finance are to create growth, improve human development, and reduce poverty by focusing on sectors like SMEs, agriculture, and microfinance that can generate employment. While alone finance cannot overcome poverty, development finance plays a role in rural development and poverty alleviation.
The new Jokowi administration faces challenges in implementing reforms due to opposition in parliament, but has shown a willingness to cut subsidies without approval. To attract needed investment, Indonesia must address long-standing issues like complex regulations and corruption, and clarify its stance on resource nationalism. Reducing policy uncertainty would unlock Indonesia's economic potential and is a priority, as unclear rules increase costs for businesses and limit private sector opportunities. Improving human capital and infrastructure will take longer, but clearer policies could have an immediate impact.
The 120th SLBC meeting was held in Bhubaneswar on May 26, 2010 under the chairmanship of S.K. Goel, CMD of UCO Bank. Key highlights included the Honorable Finance Minister of Orissa urging banks to improve CD ratios, increase lending to priority sectors like agriculture and MSMEs, and adopt the BC model for NREGA payments. The Agriculture Production Commissioner emphasized the need to increase CD ratios and priority sector lending. The RBI Regional Director pledged RBI's full cooperation and support to achieve 100% financial inclusion. Action plans were discussed to boost credit in sectors like horticulture, handicrafts, and cashew processing.
The document discusses financial inclusion in India and the Reserve Bank of India's efforts toward achieving it. It provides an overview of the objectives of financial inclusion, which include increasing savings, investment, and economic growth by bringing the unbanked masses into the formal banking system. It notes that while progress has been made, access to financial services remains limited. The Reserve Bank of India has adopted a structured approach focused on both supply-side and demand-side constraints, using banks as the main vehicles for inclusion but allowing partnerships with non-banks. More efforts are still needed to achieve universal financial inclusion across India.
This document aims at raising awareness of college students who receive their first introductory training course on international development. At the end of this course, the students will understand the need for synergies between the public and private sectors in order to increase available fund to fulfill the Sustainable Development Goals (SDGs). It is of the utmost importance that the international community mobilizes itself towards the fulfillment of the SDGs within the next 15 years. The self-explanatory figure explains the process of financing for development while the short text brings an overall explanation.
Vietnam's Recent Economic Development 2013Quynh LE
This report provides an update on Vietnam's recent economic developments. It summarizes that global growth is stabilizing at a moderate pace, though recovery in industrial production has been uneven across countries. Financial market conditions have improved due to monetary easing, but capital costs for developing countries are rising as risks in high-income countries recede. Inflation remains benign in most countries, prompting further monetary policy easing. Trade growth has slowed after a cyclical rebound, while most commodity prices have weakened in response to increased supply and substitution.
Asian Development Bank Outlook (ADO) 2019 updateMYO AUNG Myanmar
The Asian Development Bank report provides the following key points:
1) Developing Asia's GDP growth is projected to slow from 5.9% in 2018 to 5.4% in 2019 and recover slightly to 5.5% in 2020, as global trade slows and investment weakens.
2) Inflation across developing Asia is forecast to increase from 2.4% in 2018 to 2.7% in both 2019 and 2020, driven partly by rising food prices.
3) Risks to the growth outlook are tilted to the downside, including potential escalation of the US-China trade conflict and proliferation of private debt in some Asian economies.
This document summarizes key information about living and working in Japan as an expatriate. It provides details on Japan's culture, economy, and cost of living. The economy relies heavily on manufacturing and exports, though it struggled with recession in 2014 due to a sales tax increase. Living in major cities like Tokyo and Osaka is expensive, ranked among the most costly globally, though salaries are also high. Housing is typically small apartments, with rent and other costs lower outside major urban areas. Overall, Japan offers a unique cultural experience and ranks favorably for quality of life, safety, education and career opportunities.
The document provides an overview of opportunities for social entrepreneurs to support financial inclusion through the development of financial tools and services. It discusses how social entrepreneurs can create tools for individuals experiencing financial insecurity, micro, small and medium enterprises (MSMEs), and financial institutions serving low-income customers. Examples of financial tools created by social enterprises include chatbots to educate customers, platforms to help institutions better serve low-income clients, and microloans for farmers. The document emphasizes that technology, such as mobile phones, has been critical to advancing financial inclusion by lowering costs and enabling new data-driven methods, though digital tools have also not fully reached the most underserved groups.
The Asian Development Bank (ADB) was founded in 1966 and is headquartered in Manila, Philippines. The ADB's mission is to promote economic growth, reduce poverty, and improve living standards in Asia and the Pacific region. It provides loans, technical assistance, and grants to its developing member countries for purposes such as improving infrastructure, health, education, and governance. The ADB gets its funding from contributions from member countries as well as bond issues and has 67 total member countries.
India is well positioned to outperform global markets in the next 5-10 years according to investors at a global investor conference. While global economic outlook remains cautious, India has stabilized with declining inflation and interest rates are expected to be cut to support the economy. India also benefits from a comfortable external sector and stable rupee. Most investors still have faith in India's growth potential and see it leading the global economic recovery. India offers attractive stock valuations and selective large caps as well as midcaps present growth opportunities according to fund managers. However, some uncertainty remains around potential negative global events.
Managing Director of Lotus Capital Limited
Mrs Hajara Adeola is the Managing Director of Lotus Capital Limited, a Nigerian pioneer in Shari'ah compliant Asset Management, Private Wealth Management Advisory Services and Financial Advisory Services. She comes to Lotus Capital from UBS Warburg where she was a Director heading their London Islamic Finance Desk. Her responsibilities included structuring and trading Islamic Finance investment instruments for European private clients and multi- currency money market instruments for institutional clients (UK private banks). She was also responsible for structuring innovative Islamic Finance instruments to meet evolving client requirements and liaising with the Shari'ah consultants for approval.
Prior to joining UBS, she was a Convertible Bond Research Analyst at BNP Paribas, London where her primary responsibility was to analyze, write and publish daily and quarterly research on European convertible bonds. This research was published on Bloomberg and distributed to BNP Paribas' worldwide institutional convertible client base daily. In addition, she structured and priced primary convertible bond issues for corporate clients and gained invaluable experience in the over the counter structured finance field. Mrs. Hajara Adeola began her career as a consultant at Andersen Consulting (now Accenture). From there she joined ARM Investment Managers as a pioneer staff and rose to Vice-President and Head of the Research and Financial Advisory Units. Her responsibilities included equity research, trading and investment management of global equity portfolios and financial advisory assignments (feasibility reports, business plans, project management and fund raising). In all, she has over 15 years of international experience in research and analysis, investment management and corporate finance.
Financial Institutions and Economic Growth in SomaliaDaud Dahir
This study of financial institutions and its impact of economic growth in Somalia have been used to the following variables to analyze how financial institutions and economic growth are related to each other. Bank, remittance “Hawala” and micro-finance institutions, Gross domestic production, employment rate and national income are independent and dependent variables respectively that we have analyzed.
The Philippines experienced strong economic growth in 2012 and is projected to continue growing in 2013. The economy expanded 7.1% in the third quarter of 2012, its highest rate since 2010, driven by consumption and government spending. Meanwhile, the stock market has reached over 35 record highs in the last 11 months, and may continue rising to 6,000-6,500 levels. Inflation is forecast to be around 3.5% while interest rates are expected to remain low, encouraging more growth. Challenges include volatility from global economic uncertainties and disputes over public-private partnership projects.
Fostering Competitiveness of the Philippines to attract Foreign Direct Invest...Roby Camagong
This business report provides fact-based insights and analysis to help the Philippine government (Department of Trade and Industry and Philippine Central Bank) make the right decisions and trade-offs in making their economy more competitive to attract foreign direct investments from the US.
A study conducted under the initiative and supervision of meso IMPACT Finance, about the contribution of the financial services and the agricultural sector to the inclusive growth in the Philippines
This document provides information about the 46th World Trade Centers Association (WTCA) General Assembly taking place in Manila, Philippines from April 26-29, 2015. It summarizes the strong economic growth and investment prospects in the Philippines, highlighting areas like tourism, business process outsourcing, and the favorable policies under the Aquino administration that have contributed to the country achieving investment grade ratings. Details about visa policies, accommodations, activities and tours for delegates attending the General Assembly are also provided.
Released the nationality of the nationpra_yoga2305
Integrity is a manifestation of the integrity of the Nation's moral and ethical principles. Beginning with the disappearance of the Pancasila position and the weakening of legal sanctions, which are the most visible manifestations of state power in carrying out obligations are inadequate in terminating acts of corruption. One thing that needs to be instilled in
everyone, especially youth, at this time is an attitude of integrity. Integrity in every person who truly has the heart to change this Nation and country. Trimming bureaucracy or restructuring the administration also cannot guarantee a change for this Nation. Integrity is a small thing that
is often ignored by many people, but in it, there is one high power that can change this Nation. Youth plays a vital role in upholding the independence of the Nation and state. The child who has pro-Indonesian thoughts and who fear God in every step to make changes to Indonesia.
This document provides an overview of BDO Unibank Inc., one of the largest banks in the Philippines. It discusses BDO's history, starting as a thrift bank in 1968 and growing through mergers and acquisitions. BDO now has over 600 branches nationwide. The document also examines BDO's competitors including Metrobank, BPI, Land Bank, and SecurityBank. It analyzes the strengths and weaknesses of these competitors. Additionally, it discusses factors like the economic environment, social trends, and technology that impact the banking industry in the Philippines.
Nowadays' Singapore taxation and a little bit of historyMei-Feng S. L.
Singapore has achieved strong economic growth and become one of the Four Asian Tigers through an export-oriented industrialization policy that attracted foreign direct investment. The government focused on increasing skills in the workforce and moving into more capital and technology-intensive industries. It implemented prudent fiscal policies with low public expenditure and a stable revenue system based on progressive income taxes and property taxes. As the digital economy has grown, new forms of digital currencies like cryptocurrencies and central bank digital currencies are posing challenges to modern tax and financial systems.
This document provides an overview of Micro Institution Operator (MIO) in Cambodia, including its mission, goals, the macroeconomic situation in Cambodia, the market and clients that MIO serves, and the business environment. Key points include:
- MIO was established in 2015 in Siem Reap, Cambodia to provide financial and social solutions to the poor. Its goal is to empower 10,000 families with microloans over 5 years.
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2. The micro-finance (microfinance), provides services for poor people such as small loans and savings, it helps in the management of
their small-scale business and independent entrepreneurs, it is a financial service that aims to escape from poverty.
In developing countries, because there are fewer employment opportunities in the company, more than half of the workers are self-
employed or runs their family business, and continue of having an unstable life.
Because of poverty, poor people do not have access to general financial services such as savings accounts and insurances in order
to correspond to their future preparedness and planning. Microfinance, will respond to this kind of needs.
Unlike Charity approach such as traditional development assisstance, Microfinance is intended to help to stabilize independent
living.
Microfinance meaning is "small (micro) finance (finance) for poor people.
Micro-Finance Institution is also known as MFI.
What is Micro-Finance?
Contribution to relief Poverty and help economic development
2
[Nobel Peace Prize]
Performance was on October 13, 2006. To Muhammad Yunus of Grameen Bank and
founder
Nobel Peace Prize of 2006 is given.
Won the award for the "efforts against economic and creation of social development
from the bottom".
Grameen Bank, many of the micro-credit sector that has been born one after another
around the world has become a source of ideas and business models of organization.
3. - Microfinance (small loans)
- Intermediate layer for Finance (personal finance)
- Business finance, corporate finance, collateral type Finance
Mechanism of our MFI institutions
The loan management by risk diversification loan
3
We MFI institutions are using a distributed financing
Funds that were entrusted to us is stable and higher
integrity
I will have achieved the performance.
And has built a strong local connection,
Has a track record of six years from the start of
operation, individual of the Branch Manager
In close cooperation with local staff,
The default in the past 6 years
The rate we maintain is 3% or less.
MFI officer configuration
2014/11 total staff currently
number 400 people
Branch
(Mainly rural, poor areas)
Branch
(Civil service, middle layer)
Branch
(Self-employed, shops)
Branch
(Corporate loans)
Branch
(Real estate, land, concession)
MFI
Lawyer
Accountant
Government banks OB
Officials OB
Police OB
4. We have a variety of resources and assets and risk were thorough management in this finance business, you have to
optimize the effect on management.
Adopted its own risk management method that has been generated from management theory that specialize in Philippines
culture, Finance scheme that incorporates a partnership with a major insurance company, I am doing the thorough risk
management.
Operational risk management
Protection of the assets of the investors is our mission.
4
For intermediate layer or more of Finance
of urban,we MFI has partnered with major
insurance companies and our own business
insurance with a head office in the U.K.
Each branch or borrower to do financing,
will the insurance.We, by any chance debtor
has taken a mechanism that can be covered
by insurance, even if that became impossible
to repay in deaths and accidents.
MFI Pru Life U.K
Intermediate layer, business,
corporate and real estate
Partnership with a major insurance company in the UK
Insurance application
Insurance
Branch Branch
financing
Covered by insurance even when
repayment impossible, such as death
5. We support Charity Activities
Part of the financing income will be shared to charity (donation)
activities and volunteer activities
5
The part of the loan investment income of investors and through the local NPO organizations, will
contribute to hunger relief and disaster support activities such as poverty-stricken areas.
- Famine relief
- Disaster Relief
- Child Education
- Economic development
support
MFI
Capital
Profit
NPO
organization
Charity support activities
0.1%∼0.5%
6. [Overview of the population]
Philippines has a population of 9,769 million people in the predicted value of 2012, is 9,770 million people in the
predicted value of 2013.
Different numerical values by predicted institution, but you can see troughly 98 million people before and after 2012.
In addition, it is beyond the already 100 million people in the 2013 preliminary figures.
Philippines is in no.11 ranking in the 2012 most populated country in the world. Whereas Vietnam place in the 13th
position whose population is 90 million,2012 and Japan in ranked 10 whose population is 128 million.
Population growth rate of the Philippines is 1.8% / year, the Philippine population has been Kakujitsushi able to pull out
the Japan in the near future.
Philippine economic growth1
Growth potential of the finance business and the Philippines economic
growth
6
Economic growth rate of 2013 in the Philippines with about 7%,
It was the second in Asia next to China.
In recent years in the Philippines, in search of business opportunities
Business Man of the world have visited a lot,
Domestic demand also has strong growth, including the real estate.
Since the population average age is 22-23 years of age and younger in the
current about 100 million people, This is a vigorous abundant production
workforce. It has supported the domestic demand, and will continue to grow in
the future.
Asia‘s second-largest economy growth rate!
The date on which the Philippines is an important business partner of Japan is close?
7. ■One of NEXT11
In Jim O'Neill research paper of Goldman Sachs and
economist of a major US investment bank, and there is a
high potential to grow into it followed in the 21st century's
leading economic power in the BRICs countries
Was "NEXT11" It has been elected to the (Nekusutoirebun).
Specifically, Iran, Indonesia, Egypt, Turkey, Nigeria, Pakistan,
Bangladesh, the Philippines, Vietnam, Mexico, the Republic
of Korea was elected.
December 12, 2005, the bank has elected these sovereign
state in apromising to investment and future growth.
■poor many countries
According to the IMF, GDP of 2013 in the Philippines 2,720 billion.
GDP per capita is $ 2,790, but not less than only to the level of
about approximately 25% of the world average. According to
the 2011 materials Asian Development Bank has been published
in years, poor living on less than $ 2 a day is estimated to be
38.42 million people, accounting for more than 40% of the population.
In addition, migrant workers (Overseas Filipino Workers) has been
promoted as a "surplus of labor export" from the Marcos regime
in the 1960s, the total amount of remittances from the current
in the migrant workers abroad is the direct investment of foreign
capitalit exceeded, it has brought valuable foreign currency.
7
Philippine economic growth2
Growth potential of the finance business and the Philippines economic
growth
NEXT11 expected pop · GDP comp.
8. ■Features of pesos
Philippine peso (peso): Although initially had been applied fixed
exchange rate of "one American dollar = 2 pesos", the expansion
of the downturn and the external debt of the Philippine economy,
and rounded down due to chronic inflation, currently,
Philippines central bank will issue, we have adopted a floating
exchange rate regime.
However, many stand out is the number of migrant workers abroad
compared to neighboring countries, foreign currency reserves in
the Philippines that have influence enough to foreign currency
remittances to their home country from them to complement the
domestic economy and trade transactions not sluggish especially
severe and control even when the crunch is for less likely to occur,
exchange from pesos to foreign currency Limit is not provided.
8
Exchange chart of peso vs yen
Philippine economic growth3
Growth potential of the finance business and the Philippines economic
growth
9. ■Service industry
Business process outsourcing (BPO) is aligned and tourism, we are seen as industry will most growth in the future.
Especially call center industry is famous, official language in addition to the labor force to be higher that the level of
education is cheaper is sometimes called English, is popular with Western companies.
In 2010 making it the world's largest contractors, surpassing India.
The number of employees in BPO will have been said to be that it was about 10 million people in 2005 and has increased
to about 70 million people in 2012, has sold an annual $ 11 billion.
In 2016 and is further expected to produce sales of about 1.3 million people in employment and annual $ 27.4 billion.
Besides, as a language study abroad from Japan and South Korea, such as the non-English
speaking country There is also popular, in recent years many people have visited to learn English.
■ Sightseeing
Has become a Cebu Island and tourism is an important industry with a focus on resort such as Boracay, to attract more
tourists and industrial investment, state government tourist destination does not havepreoccupied in infrastructure
development. Also I casino also has become one of the charms that attract many tourists.
9
Philippine economic growth4
Growth potential of the finance business and the Philippines economic
growth
10. ■ Industry and Trade
Industrial center food processing in the Philippines, sugar, formulation, in light industry center, such as fiber, also of
electronic parts production is thriving in recent years.
Industrialization of the Philippines is reduced from Marcos regime, China, in order to face the communist bloc, such as
Vietnam, military in the United States as a bastion of anti-communism, in response to the enormous support instead of
politically dependent, Marcos dictatorship as a result of developing dictatorship based, undergone a transformation into a
light industrial countries from agricultural country, in 1960 the Philippines had become the richest country in Southeast
Asia.
However, per capita income in the boundary of the 1980 becomes a plateau, it fell into political unrest state, such as the
civil war state of the New People's Army and the Moro group, gradually tricky business for foreign companies country,
will be difficult country of investment , I economic growth was sluggish enough to have been referred to as the
"Southeast Asia of the sick" in the other ASEAN countries such as Thailand and Malaysia to rapid growth.
So, Philippines infrastructure can now expect fairly. Especially there road, railway, while bustle is the development of
social capital, such as energy. Ironically, heavy industrialization will have even said that less susceptible to fluctuations
in the price of crude oil in order to not go still when compared to such as Thailand.
In addition, the Philippines is that the shipbuilding industry is thriving by making use of a natural harbor a large number
from its geography, boasts the fourth largest in the world in the shipbuilding industry in 2010.
10
Philippine economic growth4
Growth potential of the finance business and the Philippines economic
growth
12. Mapping of financial instruments
Profitability is there, and principal integrity of high commodity
12
Principal integrity
Low
Principal integrity
High
Profitability
High
Profitability
Low
Deposit
Government
bonds
Bond
Investment
trust
J-REIT
FuturesFX
Stock
Finance business
Profitability and integrity
Both high commodity