JAKARTA (REUTERS) – Indonesia’s central bank on Friday (Jan 8) announced new regulations on payment systems to try to consolidate existing rules, with new requirements on share ownership and capital that could impact firms providing payment services and infrastructure. Filianingsih Hendarta, the head of Bank Indonesia’s payment systems department, said the new regulation, which takes […]
Read MoreAll imports of farmed fish from neighbouring countries have been temporarily banned in efforts to promote locally farmed fish in the Kingdom, said Ministry of Agriculture, Forestry, and Fisheries recently. The temporary ban is following a meeting held at the ministry on January 8 together with Cambodian Aquaculture Association representatives, fish vendors, importers and exporters. […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production index contracted 2.2% in November 2020 as compared to the same month in 2019, despite a 0.2% median growth forecast by a survey of Bloomberg economists. The Department of Statistics Malaysia said in a statement that the country’s mining index fell 15.4% while the electricity index dropped 2.5%. The contraction […]
Read MoreMANILA, Philippines — Compliance with mandatory credits to agriculture and agrarian (agri-agra) reform, as well as anti-money laundering continue to be the most challenging areas for banks and financial institutions, according to the Bangko Sentral ng Pilipinas (BSP). The BSP said most banking groups’ difficulty with Republic Act 10000 or the Agri-Agra Reform Credit Act […]
Read MoreThe Hanoitimes – Traditional investment channels such as stock or real estate markets are set to continue to be the focus for investors in 2021. In early days of 2021, many are already considering their investment options during a low interest rate environment. The question is, whether stock market or gold can maintain their strong growth […]
Read MoreSOME key Asean states are expected to underperform regional growth this year, with analysts citing local Covid-19 outbreaks as hurdles to economic recovery. Nomura watchers have tipped the Asean-4 economies of Indonesia, Malaysia, the Philippines and Thailand to lag behind China, India, South Korea and Singapore in the rebound from a pandemic-induced downturn. Among the […]
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