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Cambodia: Partnership to boost cashless payment in the Kingdom

Wing (Cambodia) Limited Specialised Bank and AEON Mall (Cambodia) have announced collaboration pact, offering a convenient experience to boost the Kingdom’s cashless payment service. The leading digital mobile banking service providers Wing and Japan -based largest shopping mall have signed a memorandum of understanding (MoU) on Friday, in a move to provide digital payment through […]

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Philippines: Foreign investment pledges fall 36% in Q1

Government-approved foreign investment pledges dropped to P29.4 billion in the first quarter of the year, which an analyst said could be attributed to concerns related to the coronavirus disease 2019 (Covid-19) pandemic. In a report on Thursday, the Philippine Statistics Authority (PSA) said the amount was a 36.2-percent decrease from the P46 billion recorded a […]

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Thailand: Line users alerted to hacking risk

A cybersecurity expert has warned users of messaging app Line about the risk of having their accounts hacked. Line is the most popular messaging app in Thailand, with 46 million Thais using the service. “I estimate hundreds of fraud cases happen from the hacking of Line users’ accounts per year,” said Prinya Hom-anek, a cybersecurity […]

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Cambodia to lose $3b in revenue from tourism sector

Cambodia will see a huge loss in revenue generated from tourism sector of around $3billion this year due to the pandemic spread, according to the Minister of Tourism. Minister Thong Khon said during the launch of additional safety measures for tourism-based business that the global virus has hit the tourism sector the hardest around the […]

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Thailand – BoT: Baht gain up for discussion

The Bank of Thailand has summoned foreign exchange dealers to meet on Thursday to discuss the baht’s rapid gain, which it does not consider to be in line with the country’s fragile economy. The discussion could focus on the baht’s reversal to a top performer in Asia from the weakest over the first four months, […]

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