TEMPO.CO, Jakarta – Bank Indonesia (BI) has said that bitcoin is not a legitimate payment instrument. BI Executive Director for Payment System Policy Department Eny V. Panggaben said that the central bank has banned the use of bitcoin as a payment instrument. “Bitcoin is clearly banned. But in individual transactions, it is allowed, but it’s at your own risk,” […]
Read MoreGlobal automated teller machine (ATM) makers are locked in a race for market share in Myanmar, where more than 90 percent of the population remains unbanked. US-listed NCR Corporation is one, while Diebold Nixdorf, a recent merger between US-based Diebold and Germany’s Windcor Nixdorf, is another. With less than 2,000 ATMs installed in the country, […]
Read MoreThe French chamber will launch its Mandalay business centre in early November to serve European, French and Myanmar businesses eager to expand into the country’s second largest city. CCI France Myanmar Business Centre will be located in Unit 5, Block 2 of the Mingalar Mandalay Compound. Situated beside the old Chanmyathazi airport and across the New […]
Read MoreIndonesia’s car sales in September fell 5.3% from a year earlier, data released by automotive industry association Gaikindo on Thursday showed. Automakers sold 87,645 units of cars in September, down from 92,541 units in the same month last year. On a monthly basis, car sales fell nearly 10 percent from 97,256 in August. Sales for […]
Read MoreBEIJING, October 25, 2017 (Newswire.com) – Recently, Bozon Bupaiwan, the former prime minister of Laos, and the current president of Laos Economic Research Institute, led a group of people to the headquarters of Beijing Guangcai Group and attended the first Sino-Laos new area “Boloven Economic Zone” Development Symposium at the 6th floor conference room. A total […]
Read MoreMALAYSIA is ageing, and the population over 65 should come to 15% of the population by 2035. Current Employees Provident Fund (EPF) savings for most Malaysians are barely enough for a decent life after retirement. Meanwhile, Malaysian life expectancy has been rising. Life expectancy at birth in 2015 was 72.5 years for males and 77.4 […]
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Thailand
