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The Business Station
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42 mins
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Major Zaidi was dismissed from the Malaysian military when he was found guilty of speaking to the media without authorisation. Zaire had alerted the media the failures of indelible ink during the 13th General Elections. His persecution by the military made his a cause celebre. He has alleged that his trial was marred by bias, and he now intends to file for a judicial review of the verdict. Today we explore how a martial court works, and the potential conflict between military personnel's rights as a citizen and his obligation to follow the military's Standing Orders.
Aziff Azuddin contributed to this report.
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Events · May 13 · 4:01AM
ASEAN Gateway To Cross Border Payments
Events · May 13
ASEAN Gateway To Cross Border Payments
ASEAN’s digital payments sector is experiencing rapid growth, fueled by increasing smartphone use, fintech innovation, and a booming e-commerce landscape. Key markets like Indonesia, Vietnam, and the Philippines are leading the way, with major opportunities in digitizing MSMEs and expanding rural financial access. Consumers are shifting toward mobile-first behavior, embracing e-wallets, mobile banking, and digital banks that offer greater convenience and accessibility. ASEAN central banks are strengthening cooperation to enhance payment linkages through QR code integration and shared standards. A major initiative, Project Nexus, aims to make cross-border payments faster, cheaper, and more seamless, though challenges remain in aligning regulations and infrastructure. As digital transactions surge, cybersecurity becomes critical, with the need to protect users without disrupting the payment experience. Importantly, digital finance is helping bank the unbanked, especially in rural areas, where mobile money and fintech tools are providing people with their first access to formal financial services.How can ASEAN ensure inclusive growth as digital payments continue to expand?
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