businesstimes

Indonesia’s Coming Digital Disruption

Indonesia’s digital economy is set to boom, helping its overall economy expand from US1 trillion in 2017 to US2.7 trillion by 2027. Over the next 10 years, we expect online retail in Indonesia to increase 14-fold from just US4.4 billion in 2017 to US63.2 billion, or 19 per cent of total retail sales versus 3 […]

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Walmart, Visa Resume Lobbying Battle Over Credit Card Standards

Lobbyists for Walmart Inc and other retailers are joining forces with companies that process payments in the latest battle over the $90 billion that US merchants pay banks annually to process credit and debit-card charges.

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NZ Central Bank Prepared for Quantitative Easing, Asset Purchases in Crisis

The Reserve Bank of New Zealand has significant further room to ease monetary policy and is prepared to undertake large-scale asset purchases in case of a major financial crisis, it said in a research paper.

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Australia Watchdog Moves to Regulate Cryptocurrencies

Australia has brought the country’s cryptocurrency providers under the purview of its financial intelligence unit, a move it hopes will help minimise the risk of money laundering, terrorism financing and cybercrime.

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