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Philippines opens up banking to Malaysia, Thailand

MACTAN ISLAND, Cebu, Philippines  – The Philippines firmed up yesterday agreements with Malaysia and Thailand to open up the banking industry, aimed at greater financial integration and economic development among members of the Association of Southeast Asian Nations (ASEAN). Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. led yesterday the signing of the Declaration of […]

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Cambodia: Electronic payment deal signed

MALAYSIA-listed Ariantec Sdn Bhd’s (Ariantec) international affiliate payment solution provider PayAllz International has reached an agreement with locally owned Hello Digital to provide electronic payment products and services into Cambodia. According to the company’s filing to Bursa Malaysia Stock Exchange on Tuesday, Ariantec, a wholly owned subsidiary of Netx Holdings Berhad, will be offering fintech […]

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Malaysia: Ringgit lower against US$ early Friday

KUALA LUMPUR: The ringgit was lower against a rejuvenated US dollar early Friday, said a dealer. At 9.23 am(0123gmt) Friday, the ringgit was quoted at 4.4220/4260 against the dollar from 4.4190/4220 at 6pm on Thursday. The greenback rose on a combination of technical trading and strong first quarter US Gross Domestic Product data. “The 4.42 […]

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