TEMPO.CO, Jakarta – Bank Indonesia (BI) Governor Perry Warjiyo believed the Central Bank Digital Currency (CBDC) or digital rupiah will bring many positive impacts on the economy, particularly on the country’s payment system. He said there were at least three benefits of digital rupiah. First, it will promote efficiency due to its circulation via digital blockchain technology platforms and distributed […]
Read MoreBy 2030, the domestic market for processed seafood would reach VND40-45 trillion ($1.75-1.97 billion), which would contribute to seafood exports of US$14-16 billion per year. Vietnam targets to become one of the world’s seafood processing hubs and among the top five seafood exporters by 2030. The move was revealed in the Government’s development strategy for […]
Read MoreSINGAPORE — Singapore will kick off its first quarantine-free travel program for vaccinated people arriving from Germany and Brunei, and ease restrictions for visitors from Hong Kong and Macao as it seeks to reopen its borders after fully vaccinating over 75% of its population, the government said late last week. “As the global covid-19 situation […]
Read MoreLoans from the Bank for Agriculture and Agricultural Cooperatives (BAAC) in the first quarter of its accounting year expanded at a lower rate than the same period the previous year, attributed to a slowing economy, says president Tanaratt Ngamvalairatt. BAAC’s accounting year begins April 1 and ends on March 31. The bank lent 1.16 billion […]
Read MoreVehicle registrations fell 7 percent in the first half of the year, compared with a year earlier. The drop came as the Coronavirus pandemic weighed on consumer sentiment, putting customers off purchases. Travel restrictions also made it harder to get to registration centres. Nearly 250,000 vehicles were registered from January through June according to Chhuon […]
Read MoreMANILA, Philippines — Philippine banks continued to provide financial relief to borrowers severely affected by the pandemic and at the same time ensured continued access to essential financial services amid the lockdowns, according to the Bangko Sentral ng PIlipinas. BSP Governor Benjamin Diokno said the amount of loans restructured by local banks reached P328.6 billion […]
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Thailand
