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Mobile financial services for Myanmar’s unbanked

Myanmar’s Mingalabar Holding has formed a joint venture with Wing Specialized Bank to provide mobile financial services to the more than 80 percent of people in Myanmar who do not use banks. Kyaw Htoo Linn, founder of Mingalabar, recently spoke to Khmer Times’ May Kunmakara and explained his company’s decision to team up with Wing. […]

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Indonesia: REI : Apartment Tax Hurts Property Sector

TEMPO.CO, Jakarta – Real Estate Indonesia (REI) asked the Indonesian Government to cancel its plans in implementing a special task for empty and unrented apartments. According to REI Secretary General of the Central Board, Paulus Totok Lusida, the plan can have negative implications on the industry’s development and national economy. Other than that, Paulus said, property […]

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Trump policy may dent Thai exports

BANGKOK (Bangkok Post) – The Thai government expects the country’s overall exports to be slightly affected if the US government introduces punitive measures to tackle its trade deficit as pledged, said Deputy Prime Minister Somkid Jatusripitak.  The impact on Thai exports is unlikely to be as bad as many fear, Mr. Somkid said after a […]

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“mVisa” Mobile Payment Service Coming To Vietnam

Visa Vietnam announced that its mVisa, mobile payments solution that brings the benefits of easy and secure digital payment system, which benefits financial institutions, merchants and consumers will launch in Vietnam and throughout Southeast Asia later this year. The mVisa system is a quick response (QR) code-based payments service that will accelerate global migration from […]

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Cambodia: Economist warns over threat to rice exports

A senior economist from the Asia Development Bank has warned the EU’s ban of Tricyclazole could damage Cambodia’s agriculture sector, as farmers rush to eradicate the use of the fungicide by June. The strict new limits on pesticides will mean rice exported to the EU must not contain more than 0.01 milligram of the chemical […]

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