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Vietnam, Thailand take steps to promote bilateral partnership

Thailand remains Vietnam’s largest trading partner in ASEAN and the 9th largest foreign investor in the country. Vietnam and Thailand are committed to pushing for greater efficiency in the bilateral enhanced strategic partnerships. Vietnam’s Chairman of the National Assembly (NA) Vuong Dinh Hue and his Thailand’s counterpart Chuan Leekpai shared the view during an online […]

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Thailand: Crypto craze

As Thailand inches towards the government goal of a cashless society, the central bank is experimenting with means to accelerate the transition through the adoption of a centralised digital currency. While regulations tighten around privately-created cryptocurrencies, the government is seeking to create its own digital currency to expedite transactions between banks and offer new payment […]

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Cambodia: 7-Eleven opens first store in Phnom Penh

CP ALL (Cambodia), a master franchise of 7-Eleven stores in Cambodia, debuted its first store yesterday in Phnom Penh’s Chroy Changvar area. The opening ceremony was attended by Minister Chancellor (Commercial) at the Thai embassy in Phnom Penh Jirawuth Suwanna-Arj. The firm failed to open the first store at the promised date in June this […]

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Philippines: Digital-only OF Bank reports deposit accounts growth amid pandemic

MANILA, Philippines – Opening bank accounts through one’s smartphone allowed Overseas Filipino Bank to grow its depositor base, as digital banking looks to gain ground nationwide. The bank, considered the first government-owned digital bank, said 25,648 new deposit accounts were created from January to July. Through an onboarding system bolstered by artificial intelligence, which did […]

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