mobile banking
New digital bank set to launch in the Philippines
The Philippines is moving fast forward into the digital banking age with the fifth license granted to a neobank by the central bank Bangko...
Japanese enter e-cash and online lending market in Indonesia
Indonesia, a country where millions of people don’t have bank accounts and therefore cannot pay with other means than cash, is stepping up its...
Vietnam startup gets funding from StanChart, Goldman Sachs
MoMo, Vietnam's first and only mobile wallet service, raised $25 million from Standard Chartered Private Equity and $3 million from Goldman Sachs, VnExpress reported....
Mobile money a big hit in emerging Southeast Asia
Giving millions of “unbanked” people the opportunity to undertake money deals by simply using their mobile phones has turned out to be a highly...
Qatar brings innovation to ASEAN
Good news emerged recently with regards to Qatar’s business involvement in Southeast Asia. Not only that the country’s telecom group Ooredoo announced that it...
Myanmar to introduce mobile banking
Myanmar is speeding up modernisation of its banking system. The nation, which did not have any ATMs in use just a few years ago,...
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Cambodia to include financial literacy in school curricula
Cambodia in a first for Southeast Asia’s developing countries will introduce a pilot scheme to add financial literacy into school curricula, the Phnom Penh...
Stories of the week
Vietnam needs up to $14 billion annually in power investments
Energy-hungry Vietnam will need investments of between $8 billion and $14 billion a year up to 2030 to develop new power plants and expand...