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Thailand: TAT looks to short-haul markets

The Tourism Authority of Thailand (TAT) aims to attract at least 1.5 million tourists from short-haul destinations to compensate for the Chinese market by teaming up with airlines to spur demand. The current situation in East Asia has made it impossible to generate demand, unlike more promising markets such as Southeast Asia, South Asia and […]

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Philippines: BSP tightens rules on e-money licenses

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is tightening the guidelines for registration of banks and non-bank financial institutions venturing into electronic money services based on their size, complexity of operations and systemic importance. In a draft circular, the BSP said it aims to promote a safe, efficient and inclusive digital finance ecosystem […]

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