Cambodian banks must integrate automated payment processing, according to Sabay Digital Corp’s co-founder Mike Gaertner. Its absence is a gaping hole in the Kingdom’s financial services. As a result, the Kingdom is notably left out of crucial consumer behaviour shaping the 21st century, including subscription services. “Introducing automated payment processing is the single-most important thing […]
Read MorePETALING JAYA: Foreign investors turned net sellers on Bursa Malaysia in the previous week with a recorded outflow of RM239.8mil. Offshore funds were net negative for everyday of the week except Wednesday and Friday. The foreign sell-off peaked on Tuesday with RM213.97mil net equities sold. Year-to-date foreign net selling has amounted to RM1.52bil, which compares […]
Read MoreThe Thai Chamber of Commerce vows to help revitalise the economy in 99 days under its “Connect the Dots” policy, with faster Covid-19 vaccine distribution at the core. By connecting the dots, the chamber means it will work as a focal point to connect the state and private sector and individuals to jointly drive economic […]
Read MoreBilateral trade between Cambodia and Thailand was valued at $1.298 billion for the first two months of 2021, a slide of 20.5 percent downwards year-to-date. Data from Thailand’s Ministry of Commerce cited Cambodian exports for the reporting period of $225 million, down 47 percent from last year. Cambodian imports from Thailand reached $1.073 billion, an […]
Read MoreThe cross-border QR payment service will facilitate consumption and payments for both countries’ consumers. Under an interoperable payment QR code scheme, tourists from Thailand could scan QR codes displayed at stores in Vietnam to pay for goods and services, while Vietnamese travelers in Thailand could the same. In the first phase of the project, Thai […]
Read MoreMANILA, Philippines — Moody’s Investors Service warns that delayed recovery from the pandemic-induced recession, as the number of COVID-19 infections soars to new record levels, is credit negative for the Philippines. In its latest issuer comment, the debt watcher said the new pandemic containment measures last March 22, including a ban on mass gatherings and […]
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