Indonesia pilots QR payment linkage with Malaysia, Thailand World

Indonesia pilots QR payment linkage with Malaysia, Thailand

Bank Indonesia (BI) is running a pilot project for a cross-border quick response (QR) payment linkage with the central banks of Malaysia and Thailand - Bank Negara Malaysia (BNM) and Bank of Thailand (BOT), in a bid to propel digitalisation and make transactions between the said countries more efficient.
APEC looks to improve capacity of female-led MSMEs amid COVID-19 World

APEC looks to improve capacity of female-led MSMEs amid COVID-19

An APEC tele-workshop on harnessing fintech skills of women-led MSMEs in promoting inclusive growth against COVID-19 took place on December 8, drawing the participation of nearly 80 delegates from 21 APEC member economies and five international and regional organisations.
Thailand puts forth four main issues at 31st APEC Ministerial Meeting World

Thailand puts forth four main issues at 31st APEC Ministerial Meeting

Thailand’s Deputy Prime Minister and Minister of Foreign Affairs Don Pramudwinai called for building an inclusive, resilient, sustainable and innovative future for Asia-Pacific while attending the 31st APEC Ministerial Meeting (AMM) held recently via video conference by Malaysia.
ADB: MSMEs key to post-COVID-19 recovery in Southeast Asia World

ADB: MSMEs key to post-COVID-19 recovery in Southeast Asia

A new report from the Asian Development Bank (ADB) shows that strengthening the dynamics of micro, small, and medium-sized enterprises (MSMEs) with innovation and internationalization will be key to revitalizing Southeast Asian economies devastated by the coronavirus disease (COVID-19) pandemic.
Indonesian government to disburse 1.49 billion USD to MSMEs World

Indonesian government to disburse 1.49 billion USD to MSMEs

The Indonesian government is set to disburse 22 trillion rupiah (1.49 billion USD) on August 17 to millions of unbankable micro, small and medium-scale enterprises (MSMEs) to help them start over during the slowing, pandemic-hit economy.
Indonesia backs MSMEs amid COVID-19 World

Indonesia backs MSMEs amid COVID-19

The Indonesian government has prepared a credit package worth up to 4.2 trillion rupiah (about 285 million USD) to support micro, small and medium-sized enterprises (MSMEs) to resume production amid the complicated developments of COVID-19, according to Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Panjaitan.
Indonesia rolls out 43-bln-USD stimulus for MSMEs, SOEs World

Indonesia rolls out 43-bln-USD stimulus for MSMEs, SOEs

The Indonesian government is rolling out a 641.17 trillion rupiah (43 billion USD) economic recovery stimulus, bigger than previous allocations, to soften the impact of COVID-19 on micro, small and medium enterprises (MSMEs), as well as state-owned enterprises (SOEs).
Trade facilitation to promote ASEAN investment ASEAN

Trade facilitation to promote ASEAN investment

The ASEAN Business Advisory Council (ABAC) proposed initiatives to promote ASEAN investment through trade facilitation at the ASEAN Economic Ministers (AEM) and ABAC Consultation in Vietnam’s central city of Da Nang on March 10.
EABC 2020 to promote development of MSMEs Business

EABC 2020 to promote development of MSMEs

Many initiatives will be offered to foster cooperation among regional businesses towards further promoting trade and investment exchange after Vietnam takes over the chairmanship of the EABC in 2020.