THE Monetary Authority of Singapore’s (MAS) Cyber Security Advisory Panel (CSAP) feels that strong basic cyber hygiene practices are fundamental in securing cyber resilience. The CSAP was set up in September this year with a mandate to advise the MAS on strategies to enhance the cyber resilience of Singapore’s financial sector. At its inaugural meeting, […]
Read MoreAs an agreement on railway transportation materialises, Cambodia and Thailand are set to hold a ceremony early next year to celebrate the official opening of the line that will connect Phnom Penh and Bangkok, a representative of the Ministry of Public Works and Transportation (MPWT) said yesterday. The ceremony will be attended by Prime Minister […]
Read MoreSingapore and Thailand are in discussions about connecting their national digital payment systems to forge an unprecedented regional alliance, as officials step up efforts to curb the use of cash. The link would bring together Southeast Asia’s first national digital-payment platforms, Singapore’s PayNow and Thailand’s PromptPay, said Naphongthawat Phothikit, director of payment systems policy at […]
Read MoreMANILA, Philippines — The World Bank has trimmed anew its growth forecast for the Philippines to 6.6 percent this year and 6.7 percent in 2018 and 2019, citing a slower-than-expected implementation of public investment projects which stalls the growth in spending. The international financial institution in April pegged its economic growth outlook for the Philippines […]
Read MoreThe Central Bank of Myanmar (CBM) should allow financial organisations including fintech companies to operate only after confirming that their business models are credible and licensed, said MP Daw Sandar Min from Seikgyi Khanaungto township during a Yangon Region Parliament session on October 3. The issue was brought up after fintech company Ok Dollar was […]
Read MoreHANOI – The Vietnam Chamber of Commerce and Industry (VCCI) said that the Ministry of Finance’s proposed fee cuts was a positive move, but stronger cuts or even abolishments were needed to support businesses. The VCCI said that many kinds of fees were unnecessary, such as the fee for certifying business information, which was VND20,000 […]
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Thailand
