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Philippines: BSP waives spread on rediscount loans

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is waiving anew the spread on its peso rediscount loans for two more months to allow banks to tap the facility to meet their temporary liquidity needs amid the coronavirus disease 2019 or COVID-19 pandemic. BSP Governor Benjamin Diokno said the Monetary Board, through Resolution 647, […]

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Major Indonesian hospitals go digital to tap into growing telemedicine market

Many major hospital operators in Indonesian have launched their own teleconsultation services to tap into the growing telemedicine market in the country, which has been further accelerated by the COVID-19 outbreak. Siloam Hospital chief information officer Ryanto Marino Tedjomulja said the hospital chain had launched its online outpatient services or teleconsultation on April 13 in partnership […]

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Thailand: KBank app handling transfers in 12 currencies

Kasikornbank is doubling the number of foreign-denominated currencies to 12 in KBank’s international money transfer service via mobile banking app K Plus, covering 30 countries. The country’s biggest mobile banking app by users will be able to send money to countries across the world by year-end, said senior executive vice-president Silawat Santivisat. The 12 currencies […]

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Vietnam prepares to welcome foreign tourists once borders reopened

The Hanoitimes – The tourism industry prepares for welcoming visitors from countries and territories which have contained the disease. Besides focusing on domestic tourism, Vietnam’s travel industry prepares for re-opening to international tourists by easing immigration procedures and normalizing air travel services as the country has gradually tame the outbreak of the coronavirus, according to The Saigon […]

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