A Country in Consolidation Riding on robust economic growth, surging exports and big investments, Cambodia is scaling up to emerge as a nodal hub in the ASEAN region Cambodia means business. With an economy growing at a brisk ~5 per cent, a government committed to development, investments pouring into infrastructure projects and trade touching new… Continue reading A Country in Consolidation
Malaysian Banking Sector Enters Transformative Phase The Malaysian banking sector is ripe for disruption and consolidation with the entry of digital banks and increase in competition The entry of five new digital banks is expected to be a disruptor for the Malaysian banking sector, leading to both increased competition and possible consolidation. In April 2022,… Continue reading Malaysian Banking Sector Enters Transformative Phase
Cross-Border QR Payments: Growing Linkages ASEAN nations are establishing cross-border QR payment services as they offer a faster, cheaper, and more transparent mode of cross-border payments, which can boost tourism and trade and promote financial integration in the region In November 2022, the State Bank of Vietnam (SBV) and Bank of Thailand (BOT) officially launched… Continue reading Cross-Border QR Payments: Growing Linkages
VIETNAM: Leading the Charge in EVolution China’s loss is Vietnam’s gain even as the ASEAN member is emerging as a key player in EV battery manufacturing, and as a solid alternative in the global supply chain Emerging from the disruptive impact of COVID-19 that led to a drop in per capita disposable income and had… Continue reading VIETNAM: Leading the Charge in EVolution
