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Cashless Cambodia boosted by pandemic

The COVID pandemic is intensifying the Kingdom’s push towards becoming a cashless society as consumers increasingly opt to conduct digital payments instead of physical transactions. In response to that push, Visa recently announced the launch of contactless payments at Total stations and Bayon Market locations across Cambodia. The company stressed that the partnerships come as […]

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Malaysia: CPI down 0.2% in January

KUALA LUMPUR: Malaysia’s consumer price index recorded a year-on-year (y-o-y) decrease of 0.2% to 122.1 in January, representing a 10th straight month of declines since March last year. On a month-on-month comparison, the CPI was 1.2% higher over December. Transport prices remained the leading laggard, falling 5.1% y-o-y while other declining sectors included housing, water, […]

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Philippines: Ecozone investments surge 139% in January

MANILA, Philippines — Investments approved by the Philippine Economic Zone Authority (PEZA) surged 139 percent in January from a year ago. PEZA director general Charito Plaza said the agency approved projects worth P11.31 billion in January, up from P4.726 billion in the same month last year. The approved investments for January are for 24 projects. […]

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