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Thailand: Study shows shift to e-payment

The country’s use of cash is expected to decline by 4% in 10 years and 15% in 20 years as more Thais shift to e-payment, according to a Bank of Thailand paper. The central bank predicts cash usage will continue to decline over the long term, replaced by e-payment. In 2030, cash usage is expected […]

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Philippines: Omicron woes continue to dominate market

WORRIES on the Omicron variant continued to prevail over the local bourse, prompting it to slip down the 7,100 territory on Tuesday. The bellwether Philippine Stock Exchange index declined by 0.98 percent, or 70.55 points, to its intraday low of 7,167.06, while the broader All Shares dipped by 0.59 percent, or 22.71 points, to finish at 3,805.67. Japhet […]

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Thailand: Quarantine back for travellers

The government has decided to temporarily suspend the entry of both Thais and foreign arrivals under the “Test & Go” scheme and restore mandatory quarantine in a bid to keep the Omicron coronavirus variant at bay. Prime Minister Prayut Chan-o-cha said the government would stop approving new applications for Test & Go entries — except […]

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