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Vietnam minister contemplates mobile, non-cash money services

Mobile money services promote non-cash payments and help the poor living in mountainous and remote areas access services on the internet, Vietnamese Minister of Information and Communications Nguyen Manh Hung said at a two-day conference on financial inclusion held in Hanoi on Thursday. The services allow users to transfer and receive money as well as […]

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Philippines lags behind Asean peers in financial sector development

MANILA, Philippines — The Philippines lags behind other member-countries of the Association of Southeast Asian Nations (ASEAN) in terms of the development of its financial sector, according to the Philippine Institute of Development Studies (PIDS). In a new study titled “Financial sector development: A review,” the state-run think tank said ASEAN neighbors like Malaysia and […]

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Cambodia-Indonesia direct flights scheduled for June

Direct flights between Cambodia and Indonesia will begin in mid-June, a move which tourism insiders say will be key in the Kingdom reaching its goal of 6.6 million international visitors this year. The announcement of the direct flights came at a press conference on Saturday in Phnom Penh held by the Ministry of Tourism and […]

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Myanmar: Opportunities available to digitise manufacturing, agriculture in Industry 4.0

Myanmar has the potential to leapfrog semi-automated production lines and jump straight into the era of Industry 4.0, or fourth industrial revolution, under which cyber-physical systems and marketplaces, smart robots and machines, big data, connectivity, energy efficiency and virtual industrialisation will take center stage. This is because Myanmar has not even fully participated in the […]

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