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Malaysia: Essential financial services remain accessible

KUALA LUMPUR: Bank Negara has confirmed that the public will continue to have nationwide access to essential financial services under the government’s movement control order from March 18 to March 31. The central bank said to this end, all banking institutions, development financial institutions, insurance companies and takaful operators will ensure the continued operation of […]

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Thailand: State-led mask buy delayed

The government has delayed its decision to buy washable face masks from domestic garment factories, with producers left waiting for purchase orders after the government failed to decide which state agencies would shoulder the expense. The government previously asked garment factories to sell masks for five baht a piece, much lower than the production cost […]

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Cambodia: Banks deny lack of action on money laundering

The Association of Banks in Cambodia (ABC) and its respective members say Cambodia is moving forward in eradicating corruption and money laundering. ABC also acknowledges “black money” can still be detected. ABC said it would like to ensure the public that the National Bank of Cambodia (NBC) and the Cambodian Financial Intelligence Unit has taken […]

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Thailand: Operators call for two-week lockdown

Tourism operators are urging the state to impose a two-week lockdown to keep the coronavirus from spreading to provincial areas and creating a deeper impact on the economy. It’s not too late to put the country into a complete lockdown, closing both land and air connections for two weeks or up to one month, as […]

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