Central Bank
Laos joins Cambodia in developing state-backed digital currency
Laos is adapting Cambodia‘s concept of introducing a government-backed cryptocurrency, the Japanese fintech involved last year in the creation of Cambodia’s digital money called...
Cambodia, Malaysia launch cross-border digital money transfers
The National Bank of Cambodia and Malaysian banking group Malayan Banking, or Maybank, launched a new mobile...
Indonesia prepares digital rupiah for cashless payments
Indonesia’s central bank has announced plans to issue a state-backed digital currency for use in non-cash payments...
Indonesia stops energy projects worth $25 billion as rupiah hits 20-year low
Indonesia plans to delay $25 billion worth of power projects as it seeks to rein in a widening current-account deficit and a selloff in...
Vietnam issues full ban on Bitcoin and all other cryptocurrencies
While the value of the digital currency Bitcoin is going through the roof – 1 BTC on November 3 hit the $7,462-mark in day...
Asia’s currencies get hammered after double yuan whammy
Asian currencies suffered big time after after China's surprise decision to devalue the yuan on August 11, and got a double whammy after Beijing...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...