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The Business Station
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42 mins
17 mins
A motorsport athlete who garnered much attention from her love for drifting. Leona Chin was recently a part of a prank video on YouTube where she drifted cars with unsuspecting victims. Leona is the now owner of Kuraz Motorsport where they are involved in selling car parts and accessories online and also organizing motorsport events at grassroots levels.
If you like what you heard, head over to the website! That Time Of Night
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ASEAN Gateway To Cross Border Payments
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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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