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Indonesia: Tech-infused cooperatives rising to compete in digital era

Saving and lending cooperatives, locally known as simpan-pinjam, have dominated grassroot-level financing for decades in Indonesia, but they are now tussling with technology as they compete with internet-based lenders. Some of the cooperatives are opening up to new technology by partnering with fintech lenders. For example, Koperasi Syariah Benteng Mikro Indonesia (Kopsyah BMI) in Tangerang, Banten, […]

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Thailand: SET eyes digital licence

The Stock Exchange of Thailand (SET) plans to apply for a digital asset operating licence from the Finance Ministry, aiming to open a new exchange and become an authorised digital asset exchange this year.  The bourse wants to catch the growing investment trend of digital assets, said Pattera Dilokrungthirapop, chairwoman of the Association of Securities Companies […]

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Cambodia imports $16m in Thai ACs

Air conditioner imports from Thailand were valued at about US$16 million last year – a fraction of the total US$5 billion Thailand earned from its air conditioner exports to international markets, Thailand’s Department of International Trade Promotion at the Ministry of Commerce said. The department’s deputy head Witt Maneenetr said most of the air conditioners […]

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