Financial inclusion
Bank Indonesia launches new country-wide digital payment system
Indonesia’s central bank on December 21 launched a new retail payment system called Bank Indonesia Fast Payment, or BI-Fast, aimed at reducing cash use...
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...
Line launches digital banking service in Indonesia
Line, the messaging app division of South Korea’s online platform Naver , is launching a digital banking...
Cambodia mulls inclusion of Islamic finance in microcredits
Cambodia, a country whose official religion is Buddhism, but which has a sizeable Muslim minority, is thinking about the possibility to include Islamic finance...
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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...