fighting
Read More

Myanmar: Fighting against potential financial risks

Reading through the 7/2017 directive by the Central Bank of Myanmar (CBM) on the  implementation of the Asset Classification and Provisioning Regulation, the words and phrases that captured my attention were: “cash flow pattern of the borrower”, “credit risk analysis” and “term loans with up to a maximum maturity of three years.” These technical terms […]

Read More
logo
Read More

Thailand: BoT chews over e-marketplace proposal

The Bank of Thailand is mulling requests made by six financial institutions to offer their own e-marketplace platforms, viewed as an effort to gain a first-mover advantage in online financial services to guard market share ahead of the full-scale entry of technology and payment behemoths. Five of the institutions are banks and the other is […]

Read More
sihanoukville2_0
Read More

Task force tries to ease tensions between Cambodian and Chinese businesses in Sihanoukville

An interministerial task force has been established to ease simmering tensions between Cambodian and Chinese business owners in the coastal resort town of Sihanoukville, the latest sign that a huge influx of Chinese investment is causing problems on Cambodia’s coast. The group was created last Wednesday, the same day that Preah Sihanouk Provincial Governor Yun […]

Read More
logo
Read More

Philippines: International Travel Trade Expo opens Feb 9

MANILA, Philippines — Local travel agencies will again have the capacity to expand their network and offer more services to the public as the 3rd International Travel Trade Expo (iTTE) opens on Feb. 9 at the SMX Convention Center in Pasay City. The business-to-business (B2B) component of the Philippine Travel Agencies Association’s (PTAA) annual Travel […]

Read More
006079b8b64e9138351d45b58a15820c
Read More

Ali Baba and Malaysia Digital Economic Corporations collaborate to improve city management

Ali Baba Cloud under Ali Baba Group, Kuala Lumpur City Hall and Malaysia Digital Economic Corporations collaborate in a project referred as Malaysia City Brain to improve city management.  The first phase of the project involves improving traffic system with the help of artificial intelligence and cloud computing. This is the first project implemented outside China.Malaysia Digital […]

Read More
73532c8145918ad2f8d7ab20ffcd87b8
Read More

Indonesia records $4.8 billion investment in digital economy

The Investment Coordinating Board (BKPM) recorded foreign investment of US$4.8 billion in the digital economy last year. “The realization, however, may take place over several years,” said BPKM head Thomas  Lembong during a press conference in Jakarta on Tuesday as reported by kontan.co.id. The figure indicates an annual growth of 30 to 50 percent in start-up […]

Read More