The increase of the global crude oil price has changed Indonesia’s outlook for revenue and subsidies, estimated to grow 50 percent to Rp 240 trillion (US$16 billion) and Rp 148 trillion, respectively by the end of this year. The government set its Indonesian Crude Price (ICP) for August at $69.36 per barrel, while the global oil price reached $78 per barrel for […]
Read MoreBangkok Bank (BBL), the country’s largest lender by assets, is set to roll out cardless QR code technology on an e-wallet platform for users to make payments Thailand and abroad after the service exits the Bank of Thailand’s regulatory sandbox, which is expected to happen next month. The bank is testing out e-wallet top-ups via both […]
Read MoreA LONG-AWAITED piece is finally in place that will get Singapore’s electronic payments transformation going. Singapore on Monday launched a single, standardised QR or Quick Response code for e-payments in what could be a global model for other jurisdictions. Just as significant, the government also announced it will open the interbank payment gates to fintech […]
Read MoreKUALA LUMPUR: Populist policies introduced by the Malaysian government, along with an expanding economy and low levels of inflation and unemployment, have boosted consumer spending in 2018. Fitch Solutions Macro Research said high frequency indicators also point to the health of the Malaysian consumer, with consumer confidence and retail sales picking up since the beginning of […]
Read MoreThe Hanoitimes – FPT sets the target of turning into the world-class DT service provider, stated Truong Gia Binh, FPT`s chairman. Vietnam’s leading IT services provider FPT and Danish brewer Carlsberg have signed a global framework contract whereupon FPT has officially become Carlsberg’s technology partner, stated the former on its website. Under the agreement, FPT will […]
Read MoreSome within the Kingdom’s tourism industry have speculated that the recent influx of Chinese visitors may hinder domestic tourism as the price of accommodations in the coastal city of Sihanoukville continues to rise. Preah Sihanouk province, which has become a hotbed for Chinese investment in the country, has seen huge leaps of growth in the […]
Read More
Thailand
