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Philippines: Gov’t borrowings hit P44.4 B in July

MANILA, Philippines — The national government borrowed P44.4 billion from both domestic and foreign lenders last July, data from the Bureau of the Treasury showed. Government borrowings rose more than three times to P44.4 billion in July from the P14.21 billion in the same month last year. This brought total gross borrowings to P505.26 billion […]

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Indonesia books US$1.02 billion trade deficit in August

Statistics Indonesia (BPS) announced on Monday that Indonesia recorded a trade deficit of US$1.02 billion in August, mostly as a result of oil and gas imports. The August trade deficit is half of the $2.03 billion deficit in July, Indonesia’s highest in five years. Exports decreased by 2.9 percent month-to-month (mtm) to $15.82 billion, with the mining sector contributing […]

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Thailand: Roadmap to digital society in the work

The Ministry of Digital Economy and Society is drawing up a road map towards creating a “paperless and cashless society” in line with government policy. The project for government agencies will be implemented next year and the ministry will submit a proposal on the merger of CAT Telecom and TOT to the State Enterprise Policy […]

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Thailand: Mixed reactions to Digital ID draft law

WORRIES OVER PRIVACY AND SECURITY OVERSHADOW PERCEIVED BENEFITS FOR COMMERCE, TRADE AND PROSECUTION  CYBER EXPERTS are weighing the pros and cons of a draft law about digital identification that will allow government agencies to collect citizens’ digital ID. Some pointed to the benefits of the proposed new legislation for both the digital economy and society […]

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Cambodia: Acleda rolls-out QR code

The passengers of city buses and water taxi services can now pay for bus and ferry tickets via Acleda’s QR Code using their mobile phones said Sok Sophea, senior vice president and head of marketing of Acleda Bank. Speaking during the official kick-off on Saturday, Mrs Sophea said both the general public and Acleda customers […]

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