ASEAN Moves to Reduce Reliance on US Dollar

ASEAN Moves To Reduce Reliance on US Dollar The ASEAN alliance wants to promote its native currencies for cross-border transactions. Southeast Asia is keen to reduce its dependence on the US dollar. The region is exploring ways to increase the usage of local currencies for cross-border transactions instead of the US dollar. To turn into… Continue reading ASEAN Moves to Reduce Reliance on US Dollar

Indonesia’s New Capital, Nusantara, Is Open for Investments

Indonesia’s New Capital, Nusantara, Is Open for Investments From infrastructure and transport to renewable energy, investment opportunities in the new capital city project are aplenty. Indonesia’s new capital city project, Nusantara, is on a fast track. The country’s parliamentary budget committee has approved $1 billion in additional funds to accelerate the pace of construction in… Continue reading Indonesia’s New Capital, Nusantara, Is Open for Investments

Philippines’ BPOs Are Getting AI/ML Ready

Philippines’ BPOs Are Getting AI/ML Ready The use of advanced technologies will help automate tasks, cut costs, and improve efficiencies. Concentrix, one of the largest IT-BPO employers in the Philippines, has started reskilling its staff. The US-headquartered back-office firm wants its people to gear up for the future where artificial intelligence (AI) and machine learning… Continue reading Philippines’ BPOs Are Getting AI/ML Ready

Vietnam Plans to Bolster Green Credit

Vietnam plans to bolster green credit The country wants to power the economy through green credit and green banking. Vietnam is going greener. The country is building a low-carbon economy that will be powered by renewable energy and green credit. To bolster these efforts, the government is keen to increase the availability of sustainable financial… Continue reading Vietnam Plans to Bolster Green Credit