The National Bank of Cambodia (NBC) has selected three of the Kingdom’s banks to implement a Cambodian-Thai QR code-based payment system, which could begin late this year, the NBC said. The three banks are Acleda Bank, Foreign Trade Bank of Cambodia (FTB) and Cambodian Commercial Bank Ltd. Speaking during the launch of the ‘QR Code […]
Read MoreThe Hanoitimes – The downward trend in the growth rate of the leading fast-food chain stemmed from market changes, consumer’s mindset as well as the emergence of alternative segments. According to Vietnam Industry Research and Consultancy (VIRAC), a market research firm, the revenues of five leading fast-food chains in Vietnam including KFC, Lotteria, Jollibee, Pizza Hut […]
Read MoreKUALA LUMPUR: Bank Negara is developing a financial threat intelligence platform with the financial industry to fortify the country’s strength in countering cyber threats. The platform, which is expected to be up and running by year-end, will collate, analyse and disseminate real-time information and trends to strengthen the detective capabilities of the industry against cyber […]
Read MoreTHE three largest banks by assets in Singapore will be able to defend their market share against fintech competitors, despite the rapidly growing threats to their bank business from these companies, Moody’s Investors Service said in a report on Monday. This is partly because DBS Bank, OCBC Bank and United Overseas Bank (UOB) have abundant […]
Read MoreMANILA, Philippines — Remittance growth slowed last April, but remained above the target set by the Bangko Sentral ng Pilipinas (BSP). BSP Governor Benjamin Diokno said personal remittances inched up by 3.7 percent to $2.71 billion in April from $2.62 billion in the same month last year. This was slower than the 6.4 percent growth […]
Read MoreThai brands are gaining a foothold in Malaysia’s thriving retail sector with the help of a newly established platform developed by compatriot Central Pattana (CPN). The grand opening of the 8.5-billion-baht Central i-City in Selangor last week offered Thai firms easy access to the Malaysian market, where their presence so far has been limited. Restaurant chains […]
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