Investing in Frontier Regions:Investing in less-developed countries of East Asia Pacific, such as Lao PDR, Mongolia, the Pacific Islands, and poorer regions of middle-income markets. As these regions realize development opportunities, we enable access to finance and provide business advice so that rural and urban enterprises can grow and create jobs.
Foreign direct investment is a significant driver of employment in Vanuatu. According to the Vanuatu National Provident Fund, foreign investors employ close to 40 percent of the workforce. But, according to the 2008 UNCTAD World Investment Report, the percentage of foreign direct ... more
Women entrepreneurs are an important driving force in the push for sustained and equitable economic growth. In East Asia Pacific, IFC is addressing one of the biggest challenges they face—gaining access to finance. This year, IFC launched the first business loan program ... more
Nearly half of all Indonesians work in agriculture. But many of them can’t reliably market their products because they aren’t equipped to fully participate in the country’s agribusiness supply chain. Peanut farmer H. Sajidin knew the challenges. Like other smallholders in West Nusa Tenggara ... more
The thought of owning her own business and making considerable profit never crossed Nur Utami’s mind. But six months ago she managed to open a binding business at her home. Nur Utami is one of over 50 million of micro, small and medium enterprises in Indonesia... more
Often deemed too risky to lend to, small businesses in Papua New Guinea face difficulty obtaining bank loans. Only a quarter of small businesses in the IDA country have access to financial services. To increase opportunity for these entrepreneurs, IFC, the World Bank, and the government ... more
Since the country gained independence in 1999, Timor-Leste's business community has faced a number of challenges including periods of civil unrest, poor infrastructure, lack of access to finances, and onerous business regulations. The business community lacked a representative body ... more