Foreign banks in Myanmar are being allowed to provide commercial services, setting them on more equal footing with the local banks as the sector implements further reforms, U Soe Thein, Vice Governor of Central Bank of Myanmar (CBM), told The Myanmar Times on November 9. “Financing and lending to local businessesis is now open to all foreign […]
Read MoreFintech startup BruPay’s eWallet application will carry no transaction or registration fees for customers and merchants who sign on and make purchases using the newly launched service. With an increasing number of cashless payment options in Brunei, BruPay’s unique selling point is its promise to only levy fees when customers or merchants withdraw or transfer […]
Read MoreAs the United Kingdom proceeds to leave the European Union, the Conservative Party government is busy promoting an international identity for itself under the banner of ‘Global Britain’. It is enunciating an ‘All of Asia’ policy — ostensibly to signal that London is keen to engage all countries in the wider East Asia region, big […]
Read MoreOverall satisfaction levels fell by 9 points to 718. Singaporeans have expressed growing discontent over their existing credit cards with overall satisfaction falling 9 points to 718, according to a yearly study conducted by market research firm J.D. Power. The downtrend comes on the heels of a 30-point improvement in 2017 and 2016 as consumer […]
Read MoreThe Finance Ministry’s Customs and Excise Directorate General targets Rp 500 billion (US$34.20 million) in state revenue from a plastic excise set to take effect starting next year, although the legal basis for the policy is still being discussed. Customs and Excise Directorate General revenue head Rudy Rahmaddi said all the relevant parties in the […]
Read MoreThai online shoppers have been urged to bolster security on mobile devices before the start of the global shopping spree next week. Fortinet, a specialist in broad, integrated and automated cyber security solutions, on Thursday reminded online shoppers to keep their mobile devices secure and stay vigilant against cybercriminals, before participating in Alibaba’s “11/11” Singles’ […]
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Thailand
