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Five ASEAN countries to connect to payment system in 2023

Five ASEAN countries to connect to payment system in 2023 A cross-border payment system between the five ASEAN countries of Thailand, Singapore, Malaysia, the Philippines, and Indonesia will be fully connected next year, according to Bank Indonesia (BI) Governor Perry Warjiyo.

Perry said on October 5 that Indonesia has linked the payment system with Thailand and will soon link it with Malaysia and Singapore. But he did not provide details about the deal with the Philippines.

In late August, BI and the Monetary Authority of Singapore (MAS) agreed to cooperate on QR code payments between the two countries to encourage payment connectivity in ASEAN.

This initiative marked an important milestone in strengthening financial collaboration between the two nations./.

VNA/VNP

Vietnam, Laos, Cambodia promote Buddhist harmony for peace, sustainable development

Vietnam, Laos, Cambodia promote Buddhist harmony for peace, sustainable development

Vietnam values and stands ready to promote religious cooperation—including Buddhist exchanges—as an important channel of people-to-people diplomacy that contributes to solidarity, friendship, mutual understanding, peace, cooperation, stability, and development in the region and beyond, an official has said.

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