East & Southeast Asia

Regional News

Malaysia’s PM launches National Strategy for Financial Literacy (2019-2023)

2019-07-23

Malaysia’s Prime Minister Dr. Mahathir bin Mohamad officially launched the country’s landmark National Strategy for Financial Literacy on July 23, 2019, a five-year plan that aims to raise the country’s low levels of financial literacy.

Policy area: General FI, Emerging Financial Inclusion Areas

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Alternative financing boost needed to mitigate MSME credit gap

2019-07-17

Regulators and supervisors must develop new alternative financing platforms to improve and compliment access to finance for MSMEs, AFI Deputy Executive Director Norbert Mumba told participants at the Bhutan Economic Forum for Innovative Transformation (BEFIT).

Policy area:

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BNM & AFI open first member training on platform economies

2019-07-01

Platform economies can be a major driver of financial inclusion by connecting marginalized and underserved individuals and small businesses, speakers said during the welcoming remarks at member training co-hosted by Bank Negara Malaysia (BNM) and AFI on July 1, 2019.

Policy area: General FI

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Enhancing MSME credit worthiness key to SME development for Timor-Leste’s central bank

2019-05-07

“AFI not only theoretically explains the need to have a proper policy but is also practically showing us how to do it and roll it on the ground, via peer-sharing experience,” Governor de Fernandes said, adding that because AFI gathers information from across the globe, it provides the “best” learning experience.

Policy area: General FI

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Lesotho’s Financial Inclusion Day highlights strong call for collaboration & FinTech in advancing financial inclusion

2018-11-29

Supporting the theme of the national forum, Dr. Adelaide Matlanyane, Governor of CBL emphasized that “the story of financial inclusion in Lesotho is a result of closer cooperation between different stakeholders and partners.”

Policy area: Digital Financial Services, General FI

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Financial inclusion key to ensuring effective AML/CFT regulations, highlights BNM-AFI member training in Kuala Lumpur

2018-11-12

Bank Negara Malaysia (BNM) and the AFI are organizing a week long member training on Balancing Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) and Financial Inclusion from 12-16 November, 2018 in Kuala Lumpur, Malaysia.

Policy area: Balancing Inclusion, Integrity and Stability, Consumer Empowerment and Market Conduct, General FI

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Transformative power of FinTech for Financial Inclusion

2018-10-10

Along with enhanced market conduct and financial capability, usage and quality of financial inclusion need to be addressed early to amplify the transformative power of FinTech for Financial Inclusion.

Policy area: Digital Financial Services, General FI

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Action plans to spearhead FinTech for Financial Inclusion developed as part of Peer Advisory Service program

2018-09-28

Hosted by Bank Negara Malaysia (BNM) and AFI, the Peer Advisory Service program on FinTech for Financial Inclusion concluded today, following the ASEAN e-Financial Inclusion Forum held earlier this week.  

Policy area: Digital Financial Services, General FI

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Three-day AFI training unleash creative thinking to effectively communicate gender & women’s financial inclusion

2018-05-24

Designing and delivering communication plans, messages and products that build greater awareness, and support for the Denarau Action Plan (DAP) and AFI’s initiatives on Women’s Financial Inclusion are main features of the Communicating Gender and Women’s Financial Inclusion training.

Policy area: General FI, Emerging Financial Inclusion Areas

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De-risking as a key challenge in remittances for international migrants, Dr. Hannig highlights at GFRID 2018 Asia-Pacific

2018-05-08

“Only 15 percent of remittance received is used for income-generating activities,” Dr. Hannig said during a plenary session on Migration and Development in Asia-Pacific, where he presented an overview of international migration and its linkages to financial inclusion, remittances and development.

Policy area: Digital Financial Services, SME Finance

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