Two businessmen from Philadelphia, Pa., have launched a bold project to develop and run a mass transit system with the local Chinese government in Fuzhou… If successful, it would be the country's first public-private railway system. Yet the road from idea to implementation can be especially challenging, say a number of observers, especially when dealing with Chinese officials on a transaction that involves buying real estate alongside transit lines.
In case any readers of this blog haven't heard the story of Grameen Bank and the telephone ladies, the BBC have a nice write-up:
Mohammed Abul Kashem runs a fish farm of 10 man-made ponds. He uses the phone service to order food and other supplies from the capital.
"If the phone wasn't here then I'd have to travel to Dhaka," he says. "It's a very long and unpleasant journey. "Now I can use the phone I am saving time and it makes my business more competitive."
The IFC and Financial Times have teamed up to launch an award recognizing banks that actively integrate social and environmental options into their operations.
The World Community Grid team has announced the FightAids@Home project. By downloading their screensaver you donate your computer’s idle processing power to the project. The increased processing power will hopefully allow researchers to more aggressively and quickly screen possible HIV-fighting drugs. (Ht to AidsMatters)
We'll be posting again as of Monday 28 November.