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Indonesia: BI Suspends 4 e-Money Products

TEMPO.CO,¬ Jakarta¬ – Bank Indonesia (BI) has suspended the services offered by four e-money platforms. BI official says that the products are not licensed. The products are¬ BukaDompet¬ by Bukalapak,¬ TokoCash¬ by Tokopedia,¬ ShopeePay¬ by Shopee, and¬ Paytren¬ by Yusuf Mansyur. BI director of electronification program at the payment system policy and supervision department Pungky Purnomo Wibowo said the action was taken because the four […]

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Singapore home price index rises

SINGAPOREk: Singapore’s private home prices rose for the first time in four years in the third quarter, marking a possible turning point for the sector, with analysts expecting clearer signs of a property market recovery in 2018. The private residential property index rose 0.5% to 137.3 in the third quarter, after easing 0.1% in the […]

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Thailand: Full-year inflation view cut despite prices edging up

Although consumer prices were up for a third straight month in September, the Commerce Ministry has lowered its 2017 inflation forecast while counting on the stronger baht and the government’s welfare schemes to help cap rising prices. Pimchanok Vonkorpon, director-general of the Commerce Ministry’s Trade Policy and Strategy Office, said annual headline inflation was 0.86% […]

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Vietnam, Laos deepen cooperation

(VOVWORLD) -Party General Secretary¬ Nguyen Phu Trong¬ reiterated¬ Vietnam‚Äôs strong support for Laos‚Äô national construction and defense process at a reception for Lao Prime Minister¬ Thongloun Sisoulith¬ in Hanoi on Tuesday.¬ He urged both governments to effectively implement agreements reached by leaders of the two countries and increase cooperation in security, defense, diplomacy, trade, and education. Prime Minister Sisoulith said […]

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