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Thai and Indonesian central banks sign digital payments deal

Veerathai Santiprabhob, governor of the Bank of Thailand (right), and Perry Warjiyo, governor of Bank Indonesia, have signed a deal on payment systems and financial innovation on Thursday in Chiang Rai.  The agreement aims to promote closer cooperation between the two central banks in digital innovation in payments and financial services, cross-border payments and supervision […]

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Philippines: Mobile devices drive Pinoy shoppers

FILIPINO shoppers are glued to their devices for good deals, an industry survey has found. Some 90.8 per cent of consumers in the Philippines look up products on their phones while in store, according to a recent global consumer report. This figure, along with the 88.8 per cent in neighbouring Indonesia, beats the worldwide average […]

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Bank Indonesia keeps rates on hold amid global risks

[JAKARTA] Bank Indonesia is keeping interest rates unchanged for the moment given global uncertainties, and will turn to macro-prudential policies to support economic growth, governor Perry Warjiyo said. “Our monetary policy is always forward-looking and ahead of the curve,” Mr Warjiyo said in an interview with Bloomberg Television’s Haslinda Amin in Chiang Rai in Thailand. […]

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