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East Asia & the Pacific

East Asia & the Pacific 
IFC's Post-Quake Reconstruction Program in China's Sichuan
As China marks the fourth anniversary this week of the devastating magnitude 8 Sichuan earthquake, which damaged much of the region’s infrastructure and killed thousands of people, the local economy has come roaring back.
Are Thai Bankers' Ready for the Equator Principles? An Interview with the Secretary-General of The Thai Bankers Association
As a growing number of Thai banks finance ever more hydropower projects in the Mekong region, IFC is striving to raise the sustainability of such multi-million dollar infrastructure investments by familiarizing banks with environmental and social ris
Preview: Green Credit to Bring International Regulators, Central Bankers to Beijing
More than 200 regulators, commercial bankers, and representatives of non-governmental organizations will gather next month in Beijing to discuss ways of enabling and scaling up lending to environmentally friendly projects.
Indonesia’s Infrastructure Investments: Finally Taking Off
After years of neglect, Indonesia is ratcheting up infrastructure spending to upgrade roads, ports, water facilities, and power plants.
After a False Start, Philippine Public-Private Partnership Projects Find Spark
Ed Fernando runs a small Internet café in Bacoor, Cavite, a southeastern suburb on the coast of Manila Bay.

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IFC East Asia & the Pacific

IFC in East Asia and the Pacific focuses on supporting sustainable, private sector-led development to ensure the region’s economic growth reaches all segments of society. Around half of our investments in fiscal year 2011 were in the region’s poorest countries with IFC opening up access to finance for small and medium enterprises, connecting rural households to electricity for the first time, improving access to healthcare, and fighting climate change by improving energy efficiency.
 

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IFC Helps Deliver Mobile Banking to Papua New Guinea 

IFC, together with the Australian government, has helped Papua New Guinea-based Bank South Pacific deliver mobile phone banking to more than 1,000 farmers in East New Britain. With only a fifth of all Papua New Guineans having access to banking services, mobile banking will set to go a long way to growing the local economy.

 

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