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News

Japan, China, South Korea, ASEAN Affirm Cooperation Over Middle East

Asian Morning Standard -
The group aims to build resilience against external shocks affecting the economy.

MAS Pools Bank Data To Build AI Scam Detection Models Across Singapore

Asian Morning Standard -
Singapore's scam losses run into the hundreds of millions annually. MAS is testing whether AI trained on pooled bank data can shift detection from reactive to pre-emptive.

Western Union Launches USDPT Stablecoin With Philippines As First Market

Asian Morning Standard -
Stable by Western Union, a consumer dollar stablecoin product, launches in June across the Philippines, Mexico, Argentina, and Colombia. Remittance rails are shifting.

Singapore MOM Survey Finds 70 Percent Of Firms Have Not Adopted AI

Asian Morning Standard -
Singapore's NTUC opened AI tool subsidies of up to 50% for union members from May 1, alongside more than 20 eligible tools under the AI-Ready SG initiative.

FedEx And Viettel Post Launch National Logistics Partnership In Vietnam

Asian Morning Standard -
One year after launching a direct-serve model in Vietnam, FedEx is integrating Viettel Post's 2,000-office domestic network into its global freight operations.

From Surplus To Crisis: How Thailand’s Oil Fuel Fund Collapsed In 60 Days

Asian Morning Standard -
The Thai government invoked a 1973 emergency law to force refineries to cut margins, marking a harder line than the voluntary approach used in 2022.

Japan Reviews Dual Pricing For Tourist Sites

Asian Morning Standard -
The policy involves higher charges for nonresidents compared to local visitors.

MAS Opens A Pathway For Singapore Banks To Hold Stablecoins Without Punitive Capital Charges

Asian Morning Standard -
Singapore banks may immediately adopt the proposed MAS cryptoasset framework, subject to interim caps and advance notification to the regulator.

PayNet And NETS Lead Nexus Technical Operator Mandate With Endava And AWS Support

Asian Morning Standard -
Five central banks. One multilateral network. The Nexus Technical Operator is appointed and the engineering phase has begun.

Vietnam Digital Technology Industry Posts USD 23.8 Billion Monthly Revenue

Asian Morning Standard -
Vietnam has finalised a 5G deployment plan targeting 99% population coverage by 2030, supported by 110.5 million broadband subscribers.
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