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Since then Nepal's first billionaire has pledged $2.5 million through his Chaudhary Foundation to restore schools and homes destroyed or damaged by the quake. The foundation will bear all the costs of building 1,000 transitional bamboo-and-plaster homes and is working with other donors to construct another 9,000
By Susan Cunningham Forbes Asia (This profile appeared in the March 2017 issue of Forbes Asia. Within ten days of its March 1 publication, Richard Quest did an in-person interview on CNN with the subject.) Patrick Y-Kin Grove is leaning against the pool table in Catcha Group's headquarters in the Mid Valley mall-lands of Kuala... Continue Reading →
Back home in Myanmar, fast-track citizenship is unlikely to be a panacea. After all, the 400 Rohingya who have managed to obtain full citizenship still face the same stigma and marginalization that the stateless Rohingya do in Rakhine state. They don't have the same access to jobs, education or housing that the Buddhists of Rakhine do. As long as these conditions persist, Rohingya will seek better lives overseas and take great risks to do so.
GrabTaxi may have won the first rounds. At the end of 2014 Easy Taxi pulled out of Indonesia and was laying off staff in Malaysia, while GrabTaxi Holdings had raised almost $340 million in venture capital and loans; Japan’s SoftBank is its biggest investor.
By Susan J. Cunningham Forbes Asia Philippine Long-Distance Telephone's 8.6% stake in Rocket Internet is a no-brainer: Telecom and Internet giant PLDT is a pioneer in online and mobile payments, and Rocket’s own payment system, Payleven, quickly foundered in 2012 when the first Rocket e-commerce sites were being established in Asia. For many poorer residents... Continue Reading →
Susan J Cunningham 