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The Business Station
Airlines Recovery a Balancing Act Between Reopening of Borders and Soaring Oil Prices
9 mins·09:15, 14 Mar 2022
Airlines Recovery a Balancing Act Between Reopening of Borders and Soaring Oil Prices
9 mins
·
09:15, 14 Mar 2022
·
Recommended
17 mins
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23 mins
Guest: Ahmad Maghfur Usman, Research Analyst, Nomura Equity
Regionally major tourism markets like Thailand, Indonesia and even Malaysia are starting to reopen their borders with minimal SOPs for tourists, which should be a good thing for airlines recovery, but will soaring oil prices take a toll on this? Ahmad Maghfur Usman, Nomura Equity Research Analyst tells us more. Image credit: Unsplash.com
Presenter: Wong Shou Ning, Tan Chen Li
Producer: Tan Chen Li
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Events · May 13 · 4:01AM
ASEAN Gateway To Cross Border Payments
Events · May 13
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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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