KBZ Bank, Myanmar’s largest privately-owned bank, has secured a partnership with Huawei to create an inclusive digital financial ecosystem. The partnership aims to give Myanmar citizens across the country greater access to finance and improve their quality of life through banking. Mike DeNoma, CEO of KBZ, said it is exciting to create an inclusive digital […]
Read MoreEXPONENTIAL technology will play the leading role in driving Thailand’s economic growth in the next decade due to the advent of 5G telecom, cheap human genome sequencing, solar energy, cellular agriculture, among others, according to private sector executives. Natthaphol Vimolchalao, ambassador of the SingularityU Bangkok Chapter, said at an event to announce Southeast Asia’s first […]
Read MoreJACCS Finance (Cambodia) Plc, a company engaged in the provision of consumer credit services, has officially launched operations in the kingdom. The company is a subsidiary of Japan Consumer Credit Services (JACCS), which is a member of Mitsubishi UFJ Financial Group. “We aim to serve Cambodia’s economic growth and enhance people’s livelihoods through financial services […]
Read MoreKUALA LUMPUR: Experts are predicting that consumer spending in South-East Asia’s online economy will rise six and a half times, or 500% from US$30bil currently to US$200bil by 2025, fuelled by consumption of electronics, clothing, household goods and groceries as well as increased travel within the region. HSBC Bank Malaysia Bhd (HSBC) said South-East Asia […]
Read MoreThe government plans to expand the number of non-cash food assistance program (BPNT) recipients from the current 1.2 million to 3.2 million households. The government is assessing the preparedness of the e-warung (electronic shops), which are appointed to handle the distribution of staple foods in 24 regencies and cities, said Coordinating Human Development and Culture Minister […]
Read MoreMANILA, Philippines — The Philippine bond market was the fastest-growing among other debt markets in the Emerging East Asia region in the fourth quarter of 2017, reflecting positive economic growth for the region and increased prospects of higher inflation, the Asian Development Bank (ADB) said. In its latest Asia Bond Monitor, the multilateral development bank […]
Read More
Thailand
