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The secondary education sector can benefit from government support for private schools and vocational schools.
Digital financial services like mobile money can reduce transfer prices and improve transparency, efficiency, and access.
Banks need to update their business models as competition from fintechs disrupts the supply chain finance market.
Digital finance promises to be an effective means of reaching the unbanked, but its use must be accompanied by consumer information and education.
A tech startup in Australia is piloting the use of blockchain in ensuring traceability, provenance, and authentication in the supply chain.
The government implemented a communication plan, expanded bike roads, and improved user convenience to increase bicycle usage as a public transport alternative.
By allowing the shared control of data, distributed ledgers can enable innovations that support financial inclusion.
Embracing small business banking opportunities, and tackling operational efficiency, data and technology challenges can help Asian banks weather the storm.
While remittances from migrant workers continue to increase, they can only fuel economic growth if they enter the formal financial system and be channeled into productive investments.
Promoting national digital ID systems, interoperable systems, and cloud-based infrastructures can make digital financial services more efficient.