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Thailand: DPA pursues BoT nod to process e-wallet refunds

The Deposit Protection Agency (DPA) is seeking the Bank of Thailand’s permission to get involved in the money refund process from e-wallet operators with an aim of facilitating convenience for service users. The agency discussed the service with the central bank, with consumer convenience to get money back from e-wallet operators as its focus, said […]

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Myanmar: Thilawa SEZ in need of international-standard jetties and logistics services

For the extensive operations of factories, Thilawa Special Economic Zone is in need of international-standard jetties and logistics services, said Win Aung, chair of Myanmar Thilawa Special Economic Zone Holdings Public Co., Ltd (MTSH). According to the MTSH’s annual report for 2018-2019 fiscal year, the MTSH is conducting preliminary surveys to transform the zone into a […]

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Philippines: Policy rate cut seen as inflation slows

INFLATION likely slowed further in July as food prices sustained a decline, analysts said in a poll, adding that this would give space for the central bank to resume trimming benchmark interest rates after “a prudent pause” in its June 20 policy review. Estimates of 17 analysts and a research group yielded a 2.4% median […]

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Timor-Leste eyes Asean fold

It has been eight years since Timor-Leste submitted a formal application to be a member of the Association of Southeast Asian Nations (Asean) but so far, the regional bloc has not accepted what would be its 11th member. Timor-Leste Foreign Minister Dionisio Babo Soares, however, expects to hear some good news this year while Thailand […]

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