Laos hopes to issue its own digital currency in the near future as part of cooperation with a Japanese financial technology startup. Nikkei Asia reports that the country intends to explore issuing a digital currency with support from Tokyo-based Soramitsu, a Japanese fintech company involved in a similar effort by Cambodia. The Japanese company and the Bank of […]
Read MoreThe service would go through a nationwide pilot implementation phase for two years. The State Bank of Vietnam (SBV), the Ministry of Information and Communications, and the Ministry of Public Security are expected to agree for mobile carriers to carry out the Mobile Money service in October. SBV Vice Governor Dao Minh Tu gave the […]
Read MoreShopping in Cambodia is increasing but attention will be focused on the region’s central banks this week for signs that an easing in Coronavirus-related lockdowns and hopes of economic recovery are leading them to consider tightening monetary policy. The Reserve Bank of New Zealand (RBNZ) is expected to raise its benchmark interest rate by 25 […]
Read MoreMANILA, Philippines — Inflation likely accelerated for the second straight month in September, breaching the five percent level for the first time in almost three years on the back of elevated food prices, rising pump prices of petroleum products, and more expensive power rates. Security Bank chief economist Robert Dan Roces said inflation likely picked […]
Read MoreSpeeding up digitisation and bridging the digital divide in the region is a mission of paramount importance, in the view of lawmakers who took part in the 42nd General Assembly of the Asean Inter-Parliamentary Assembly was held in August this year. Having highly transformative technologies will improve economic competitiveness and the well-being of citizens, while […]
Read MoreIndonesia’s House of Representatives has approved the 2022 state budget bill, marking the beginning of the process of fiscal consolidation of the largest economy in Southeast Asia after nearly two years of heavy spending on COVID-19 response efforts. Jakarta (VNA) – Indonesia’s House of Representatives has approved the 2022 state budget bill, marking the beginning of […]
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Thailand
