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BT is linking up the world’s five main foreign exchange locations to help boost the competitiveness of its global financial industry customers. The company is now offering BT Radianz FX express, which provides dedicated high-speed links between financial hubs…
WorldRemit, an online service for overseas money transfers, is looking to expand into new markets and add services like direct payments for bills and school fees, its president said on Friday. The UK-based financial technology start-up, which has raised…
Singapore’s StarHub has launched a new flat rate multi-destination monthly mobile data roaming plan covering all mobile networks in nine APAC markets. The DataTravel plan offers 2GB of data for 30 days when roaming to Australia, Hong Kong, Indonesia,…
Panic hit domestic financial markets on Friday as investors showed concern over the anticipated policies of US president-elect Donald Trump that may negatively affect Indonesia’s economy. The Jakarta Composite Index (JCI) — the benchmark of the Indonesia…
The total transaction value of mobile financial services in emerging markets will reach $500 billion in 2021, up from $198 billion in 2016, Juniper Research estimates. The estimates include revenue from domestic money transfers, deposits on loans, insurance…
The United States, South Korea, and the United Kingdom ranked as the three countries in the G20 most ready to contribute to and benefit from the IoT, according to IDC. The research firm said the US scored particularly well on measures such as ease of doing…
The government will build and revitalize 1,000 traditional market centers in 2017 at a total cost of Rp3.7 trillion Fund. The Trade Ministry would build and revitalize 272 of the markets with the Aid Task Fund and 52 carry over project from 2016, Trade…
HomeSend and Ericsson have teamed up to accelerate the adoption of international remittances via mobile across emerging markets. With the partnership, 50 million Ericsson-powered mobile wallet users are expected to benefit from access to international payment…
Deputy Chairman of the Indonesian Retailers Association (Aprindo) Tutum Rahanta, said that the Association is currently aiming for the ASEAN market, specifically countries like Vietnam, the Philippines, Laos, Myanmar, and Cambodia. Tutum predicted that…
Mr Chow Khai Cheng remembers when customers used to splurge over $1,000 on a kilogram or two of sea cucumbers at his dried goods store in Chinatown a few years ago. Now, such high-spending customers are a rare breed. “Times are bad. Customers tell me they…
Stocks in major markets are set for a short-term sell-off on Monday after suspected Islamist militants launched coordinated attacks across Paris that killed more than 130 people, but few strategists expect a prolonged economic impact or change in prevailing…
India’s Big Bazaar is now present in more than 100 cities in India. The last store to be opened by the retail chain last December was the Rourkelo store in Orissa. In the last three months prior to the opening of its newest store, Big Bazaar also opened 17…
TCC Logistics and Warehouse, a subsidiary of TCC Group, has opened the MM Mega Market in Nong Khai province to cash in on growing consumption spurred by increasing border trade with neighbouring countries. The company has leased space at Asawann Shopping…
E-commerce giant Amazon.com might be planning to launch local handymen services in the Indian market after having done it in the US a few months ago, but Snapdeal.com has already started providing plumbing, electrical and other household services in some…
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