Fintech startup to provide greater financial inclusion for Malaysia’s migrant workers

Fintech startup to provide greater financial inclusion for Malaysia’s migrant workers

Migrant workers in Malaysia are often excluded from many traditional banks as they cannot meet the basic requirements for a bank account. Sending money home is also problematic for many, with numerous challenges that go beyond language barriers and acclimating to new environments. Additionally many have limited experience using technology to manage their money. An […]

Indonesia morning news for July 24

Indonesia morning news for July 24

Govt. channels Rp 11.84t to MSMEs and cooperatives, admits slow disbursement The government has channeled Rp 11.84 trillion (US$809.1 million) from the COVID-19 stimulus package to small businesses and cooperatives as of Tuesday but conceded that it had been slow in disbursing the funds. — The Jakarta Post Indonesia Companies Gripped by Virus Warn Earnings […]

Singapore morning news for July 24

Singapore morning news for July 24

Singapore’s core inflation declines 0.2% year-on-year in June Singapore’s core inflation dropped 0.2 per cent year-on-year in June, the Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) said in a joint news release on Thursday (Jul 23). — Channel NewsAsia (very annoying popups) Insolvency, Restructuring and Dissolution Act to commence on […]

Indonesia morning news for July 23

Indonesia morning news for July 23

Indonesia reports 139 new coronavirus deaths, highest daily rise Indonesia reported on Wednesday 139 new deaths from the coronavirus, the country’s highest daily increase and bringing the total number of fatalities to 4,459, data from the country’s Health Ministry website showed. — Metro Indonesia to Produce 100 Million Doses of Sinovac’s Covid-19 Vaccine State-run pharmaceutical […]

Singapore morning news for July 23

Singapore morning news for July 23

S$45 million tourism campaign launched urging locals to explore Singapore Residents of Singapore are being encouraged to take a local holiday – dubbed a “Singapoliday” – and rediscover their home country while supporting local business through a S$45 million marketing campaign over the next nine months by the Singapore Tourism Board (STB) and other agencies. […]

Cambodia to reopen schools — full list

Cambodia to reopen schools — full list

Cambodia’s Ministry of Education, Youth and Sports (MEYS) has released a list of schools that will lead the country’s education system reopening, expected to occur some time next month. Schools in Cambodia have been closed since March 16 as part of the country’s successful attempt to prevent community transmission of the SARS-CoV-2 virus. Those included […]

Indonesia morning news for July 22

Indonesia morning news for July 22

Indonesia records $17.5b budget deficit in H1 as govt seeks to bolster spending Indonesia recorded a Rp 257.8 trillion (US$17.5 billion) budget deficit in the first half of the year as the government seeks to bolster stimulus spending to cushion the coronavirus-battered economy. — The Jakarta Post Theft of Corpses Adds to Indonesia’s Coronavirus Challenges […]

Singapore morning news for July 22

Singapore morning news for July 22

Some ERP charges to resume for first time since COVID-19 circuit breaker Electronic Road Pricing (ERP) charges at three gantries will resume starting next week after being suspended at the beginning of the “circuit breaker” period, the Land Transport Authority (LTA) said on Tuesday (Jul 21). — Channel NewsAsia (very annoying popups) MOM: 69 more […]

Indonesia morning news for July 21

Indonesia morning news for July 21

Indonesia reports second-highest daily increase in coronavirus deaths Indonesia reported on Monday its second-highest daily increase in coronavirus-related deaths with 96 fatalities, a day after registering a record daily jump in deaths, data presented by health ministry official Achmad Yurianto showed. — Reuters Indonesia Central Bank Predicts U-Shaped Economic Recovery From Pandemic Indonesia’s central bank […]

Singapore morning news for July 21

Singapore morning news for July 21

Singaporeans’ headline inflation expectations fall to 3% for coming year: DBS-SMU poll SINGAPOREANS’ headline inflation expectations for the year ahead declined slightly to 3 per cent in a June poll, down from 3.1 per cent in March, according to findings of the latest quarterly survey for the Singapore Index of Inflation Expectations (SInDEx) released on […]

Indonesia morning news for July 20

Indonesia morning news for July 20

Indonesia records highest Covid-19 fatality since March 11 Indonesia records its highest number of Covid-19-related fatalities in 24 hours with 127 cases, since the first death was reported on March 11. — New Straits Times World Bank warns of 2% contraction in Indonesia’s economy this year The World Bank has warned that the Indonesian economy […]

Singapore morning news for July 20

Singapore morning news for July 20

More than 140,000 employers to receive S$4 billion in Jobs Support Scheme payouts from Jul 29 More than S$4 billion in Jobs Support Scheme (JSS) payouts will be disbursed to employers from Jul 29. — Channel NewsAsia (very annoying popups) Singapore’s tourism receipts down 39% to S$4b in Q1 SINGAPORE’S tourism receipts took a hit […]

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