Local banks will benefit from the impending move by the Monetary Authority of Singapore (MAS) to bar larger electronic wallet operators from lending their wallet funds, according to Moody’s, a credit ratings agency. The legal requirements that MAS is seeking to impose are “credit positive” for deposit-taking banks, including OCBC Bank, United Overseas Bank and DBS […]
Read MoreTEMPO.CO, Phnom Penh – The Cambodian government and the country’s tourism industry are developing halal tourism to lure tourists from Southeast Asia and the Middle East. The Indonesian Embassy in Cambodia on Thursday, October 12, said that a number of investors were developinghalal tourism in the country. Cambodia, known for its tourist attractions in the form of temples, is home to the Champa village—a Muslim residential area. The First Secretary of the Indonesian Embassy in Phnom Penh, […]
Read MoreKUALA LUMPUR (Oct 15): Malaysia has been ranked 55th in the World Bank’s 2018 human capital index, lagging behind Singapore which topped the list. Malaysia scored a total 0.62 versus Singapore’s 0.88. Singapore came in first ahead of South Korea, Japan, Hong Kong and Finland. Chad was at the bottom of the list with a […]
Read MoreThe Ministry of Agriculture and Agro-Based Industry Malaysia (MOA) has announced plans to suspend imports of chilies from Viet Nam after detecting residue of chemicals used for plant protection exceeding the permissible level. However, Pham Quoc Anh, Vietnamese Trade Counselor in Malaysia, has recently told Vietnam News Agency that there were two notable issues with […]
Read MoreVietNamNet Bridge – Vietnam has a high percentage of internet and social network users, but the proportion of people making payments via internet remains very modest. “It’s about time to question why Vietnam has a high number of internet and Facebook users, but it still cannot popularize non-cash payment methods,” said Dang Khac Loi, deputy […]
Read MoreQuang Ninh (VNA) – The seventh seminar on Vietnam-Cambodia-Laos cooperation took place in Vietnam’s northern province of Quang Ninh on October 15, highlighting the significance of economic ties between the three countries. The annual event was held by the Vietnam Academy of Social Sciences (VASS), the Royal Academy of Cambodia (RAC), and the Lao Academy of […]
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Thailand
