indo03
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Bank Indonesia to issue cross-border QR code payment regulation

Bank Indonesia is preparing a cross-border regulation on QR code transactions that is expected to come into effect early next year. “The cross-border regulation is for regulating QR code transactions in rupiah made by foreign players,” a BI source said as quoted by kontan.co.id on Sunday. The unnamed source said the regulation would facilitate domestic financial institutions to cooperate easily with foreign platforms like WeChat and Alipay that offer QR […]

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Malaysia: ‘Export opportunities for chemicals and chemical products in Vietnam and Cambodia’

KUALA LUMPUR: Malaysian companies are set to explore export opportunities for chemicals and chemical products in Vietnam and Cambodia through Malaysia External Trade Development Corp signature export promotion programme, Export Acceleration Mission. The EAM will take place in Ho Chi Minh and Phnom Penh from November 26-30. The initiative would capitalise on the booming demand […]

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Laos: Restructure the economy, expert advises

To ensure steady economic growth, Laos would be well advised to restructure the economy with a view to stability and sustainability and in ways that reverse the current slowdown, a top analyst has advised. The message came from the President of the National Institute for Economic Research, Mr Bouasone Bouphavanh, when speaking on Friday at […]

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Thailand: IoT regulations due next year

A series of regulatory conditions for the Internet of Things (IoT) and related device connectivity are scheduled to be implemented by 2019 to handle machine-to-machine connectivity in the industrial sector, with 5G wireless broadband set for worldwide commercial launch by 2020.  The general data of IoT users could be used to optimise public benefits through big […]

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Singapore malls take big gamble to outpace online shopping

[SINGAPORE] Online shopping in Singapore is lacklustre even after Amazon Inc debuted its Prime service in mid-2017. The island’s malls are trying hard to keep it that way. With some of the nation’s biggest mall operators reporting falling rents and rising vacancies, landlords, just like those elsewhere in Asia and the US, are being forced to reposition. They’re making […]

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