Philippines’ first digital bank Tonik to go live in July
Tonik is 60% owned by Tonik Financial while the remaining 40% is owned by two Singaporean family offices...
Tag : ASEAN
Thailand to introduce QR code for cross-border payments in Asean
Cross- border QR code payments to Singapore, Myanmar and Cambodia will be available by mid-2020...
CIMB Philippines virtual bank provides AI-backed onboarding
While the process earlier took more than 15 minutes, now it can be completed in less than five minutes...
AirAsia X’s passenger capacity increases by 8% in Q4
The carrier transported around 1.61 million passengers in the final three months of 2019...
Southeast Asian banks to lose $5 bn due to digitalisation
Banks will face pressure on income from card transactions and fees, with 14.3% of their payments revenue at stake...
Huawei picks Thailand for 5G ecosystem development in SE Asia
The technology giant has set up Southeast Asia’s first 5G testbed in the Thai province of Chon Buri...
Indonesia lynchpin of Standard Chartered 2021 returns target
Standard Chartered’s operating profit in Indonesia is up by 28% in H1 2019 year-on-year...
Asean summit: Thailand aiming to finalise RCEP this year
If finalised, RCEP will become the world’s largest FTA covering one-third of the world’ s population or 3.56 billion people....
Intra-ASEAN trade could exceed US$375 billion by 2025
PwC’s analysis shows the region is well suited to export expansion due to its strong and consistent output growth and its vast working age population...
Will AEC be a force to reckon with?
The 10-nation group wants to make its presence felt globally Suparna Goswami Bhattacharya February 24, 2016: This year, Southeast Asian countries finally embarked on a new journey — the formation ASEAN Economic Committee (AEC). It has been in the works for years now and hence it is not surprising that expectations ran high when the...