INTERNATIONAL payment service providers Visa and Master have launched a contactless payment system in collaboration with CB Bank. It aims to substitute the current cash payment system in Myanmar, U Zayar Aung, head of cards at CB Bank told The Myanmar Times. The service will allow users to make payments by just touching their debit cards […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia (BI) says that the economy has improved in the third quarter of 2017 and some sectors have recovered. BI Deputy Governor Dody Budi Waluyo said that improvement is seen in domestic demand, particularly household consumption. “It’s apparent in improved retail and durable goods sales,” he said last week. The central bank predicts […]
Read MoreStar Media Group will continue efforts to support emerging businesses REALISING the potential and growth of the SME market and its contribution to the country’s economy, The Star Outstanding Business Awards (SOBA) came into the picture. First held in 2010, SOBA is now into its eighth year. This award has been a strategic platform to […]
Read MoreMANILA, Philippines — The country’s inflation rate may exceed 3.4 percent this year due to the impact of higher oil prices as well as the wage hike in Metro Manila, according to the Bangko Sentral ng Pilipinas. BSP Deputy Governor Diwa Guinigundo said authorities expect inflation to slightly exceed the 3.4 percent recorded in March […]
Read MoreTransforming Thailand into a cashless society requires not only the political will of visionary policymakers, but also a secure electronic system and digital literacy. The country is gradually moving in that direction with an integrated e-payment system and quick response (QR) code payment, but there is still a lot of work to be done. Consumers […]
Read MoreHANOI — The Department for Economic Zones Management (DEZM) of the Ministry of Planning and Investment is in the process of completing the draft Law on Special Administrative-Economic Units, with adjustments being made in terms of local operations, organization, administration and foreign investment incentives and policies. Tran Huy Dong, Director General of the DEZM, said the draft […]
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