MANILA, Philippines — Philippine banks are strongly supporting greater mobility for fully vaccinated Filipinos to spur domestic consumption and allow the economic recovery to gain more traction, according to the Bankers Association of the Philippines (BAP). With more than half of the population vaccinated in the National Capital Region (NCR) and adjacent areas, BAP president […]
Read MoreThe baht opened at 33.59 to the US dollar on Tuesday, weakening from Wednesday’s closing rate of 33.50. The Thai currency is likely to move between 33.45 and 33.65 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht might continue to weaken in the short term if it weakens […]
Read More2C2P a payments platform has announced new partnerships in Cambodia and Vietnam to expand its Thai cross-border remittance service, easy2send. In Cambodia 2C2P will work with eMoney Payment Solutions, one of the nation’s leading mobile wallet providers. In Vietnam 2C2P will team up with Sai Gon Joint Stock Commercial Bank (SCB), one of Vietnam’s top […]
Read MoreThe Ministry of Information and Communications will licence the Mobile Money service in early October to promote digital transformation and the digital economy in Vietnam. Speaking at the Prime Minister’s online conference with the business community and local governments on September 26, Minister of Information and Communications Nguyen Manh Hung emphasized that to create the […]
Read MoreThai Chamber of Commerce chairman Sanan Angubolkul said on Monday that the easing up of lockdown measures and reopening of more businesses from October 1 will improve the confidence of the business sector and increase people’s spending in October. The Centre for Covid-19 Situation Administration announced on Monday that child development centres, libraries, museums, art […]
Read MoreThe adoption of Bitcoin and other cryptocurrencies as a payment method for goods and services is gradually gaining traction among real-world entrepreneurs despite the inherent price volatility, including a recent dip. Bitcoin plunged to about half its peak value of over 2 million baht in mid-April. Thailand is experiencing a transition as businesses seek to […]
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