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ASEAN officials call for deepening regional cooperation

The 17th China-ASEAN Expo (CAEXPO) which concluded yesterday saw ASEAN officials and businessmen call for deepening regional cooperation and free trade. “The signing of the landmark Regional Comprehensive Economic Partnership (RCEP), the world’s biggest trade pact, will further facilitate free trade,” said senior ASEAN officials and businessmen. CAEXPO was held starting November 27 in Nanning, […]

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Malaysia: economic rebound of 6% next year

PETALING JAYA: The Malaysian economy is expected to rebound 6% in 2021, from a contraction of 5.5% this year. This is according to UOB Malaysia senior economist Julia Goh, who has forecast the economy to rebound next year as a result of government efforts to counter the effects of the Covid-19 pandemic, as well as […]

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Singapore makes e-payment simpler with PayNow, Fast

SINGAPORE: Funds transfer services PayNow and Fast (Fast And Secure Transfers) will soon become more widely used in Singapore, with financial institutions other than banks tapping the platforms. This is set to make e-payment adoption simpler for both businesses and individuals. Starting February 2021, eligible non-bank financial institutions would have direct access to the banking […]

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