LIKE-MINDED PARTNERS: The two nations are partners in a regional bond project to raise funds to help create sustainable livelihoods for women in Southeast Asia
Date: Dec 15, 2020
By: Lu Yi-hsuan and Jonathan Chin / Staff reporter, with staff writer
The partnership was announced at a news conference at the Executive Yuan in Taipei, with Minister of Foreign Affairs Joseph Wu (吳釗燮), Executive Yuan Minister Without Portfolio John Deng (鄧振中) and International Cooperation and Development Fund (ICDF) Secretary-General Timothy Hsiang (項恬毅) joining Christensen.
Created by the Singapore-based Impact Investment Exchange (IIX), the Women’s Livelihood Bond Series is a series of debt securities to empower women in Southeast Asia by creating sustainable livelihoods, officials said at the event.
.WLB3 — the third tranche in the US$150 million four-part initiative — would assist 175,000 to 185,000 female entrepreneurs and socioeconomically disadvantaged women in Indonesia, India, Cambodia and the Philippines by financing loans, marketing and production and living expenses, they said. [FULL STORY]