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Page 301 - சங்கம் ஆஃப் தென்கிழக்கு ஆசிய நாடுகள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

India registers increase in drug trafficking: MHA

India registers increase in drug trafficking: MHA
southeastasiapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from southeastasiapost.com Daily Mail and Mail on Sunday newspapers.

Climate change risks new violent conflict How to respond?

As climate change amplifies weather disasters and destabilizes food and water supplies, recent research is confirming its effects on the global south: Our planet’s warming is weakening already fragile states, increasing the risk of violent conflicts and accelerating human displacement and migration. Like any global shock, it is putting poorer nations most at risk. The United States and the international community can counter these rising hazards by setting basic priorities in assistance programs. Among these are to target cities with a strategy that helps local populations adapt to climate change and manage conflicts nonviolently, and to strengthen regional organizations’ abilities to tackle fragility problems.

ASEAN banks battle non-bank fintech companies

The great ASEAN e-wallet battle: traditional banks vs fintech companies By Fintech companies offering digital payments have been rapidly growing their customer bases across the Association of Southeast Asian Nations (ASEAN) region in recent years.  The Big Five of ASEAN Indonesia, Thailand, the Philippines, Singapore, and Malaysia are a hotbed for non-banks building regional electronic e-wallet platforms. In fact, they are so popular that fintech apps have seen massive demand since last year. Additionally, digital challenger banks (DCB) are also entering the financial space with a fresh new perspective of banking, promising customers better control of and easier access to finance and banking services. As of the end of 2020, there exist 50 DCBs, or, 20% of global DCBs here in APAC. Most are backed by consortium players such as tech giants and non-financial institutions (e.g. tech and telecoms companies).

Covid Appears to Be the Achilles Heel for Southeast Asian Economies, Says Jefferies – NBC New York

Indonesia, like many of the ASEAN economies, has yet to really get to grips with the Covid-19 virus, Darby, global head of equity strategy at the U.S. investment bank, told CNBC s Squawk Box Asia on Tuesday. That seems to be the Achilles heel for the ASEAN economies at the moment, he said referring to Association of Southeast Asian Nations regional grouping. Goldman Sachs recently slashed its 2021 growth forecasts for major economies in Southeast Asia as a surge in the more infectious delta variant triggered daily record highs in infections in Indonesia, Malaysia and Thailand these past weeks. Indonesia s credit rating under pressure

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