Global telecoms heavyweights say microcredit may provide loan without collaterals but it does not meet the rural people’s total financial needs in the developing countries. Vodafone along with Nokia and Nokia Siemens Networks have urged for telecoms and banking regulatory reforms to encourage fund transfer by mobile phones instead. They believe it will transform access to financial services in countries lacking banking networks. Read more.
Workshop: Digital Tools for Strengthening Public Discourse
Today, LIRNEasia hosted a workshop to launch digital tools created by Watchdog Sri Lanka, funded by GIZ’s Strengthening Social Cohesion and Peace in Sri Lanka (SCOPE) programme. Researchers, practitioners, activists and journalists attended to learn about these tools, and how they can potentially help them in their own lines of work.
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