BFM 89.9
The Business Station
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42 mins
17 mins
Malaysia's Welfare Department celebrated its 75th Anniversary this week with several policy measures to strengthen its services. We speak to Emeritus Professor Datuk Dr Norma Mansor, Director of Social Wellbeing Research Centre of Universiti Malaya for her thoughts on our social protection landscape, and what the system needs to survive another 75 years.
Image Credit: Ham_Hassan / Shutterstock.com
Presenter: Lyn Mak, Noelle Lim, Roshan Kanesan
Producer: Shazana Mokhtar
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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?
Podcasts · May 13 · 3:00AM
Cracking the Code of White Space Markets
42 mins
Podcasts · May 13 · 42 mins
Cracking the Code of White Space Markets