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Bank Indonesia Reduces RTGS to Rp100 mn

Bank Indonesia Reduces RTGS to Rp100 mn

Mei Ling Tan June 8, 2016
Bank Indonesia will reduce the minimum limit of fund transfer through the instrument of “Real Time Gross Settlement” (RTGS) to Rp100 million from Rp500 million at present. The new limit…
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Caffe Bene Korea losses soar

Caffe Bene Korea losses soar

Mei Ling Tan June 8, 2016
Beancounting has taken a turn for the worse for Caffe Bene Korea, which has just reported a net loss of US$30 million. The coffee shop chain’s turnover was $97 million,…
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Global telcos eye stake in Vietnam’s Mobifone

Global telcos eye stake in Vietnam’s Mobifone

Mei Ling Tan June 8, 2016
A number of international telecoms operators have reportedly expressed an interest in participating in the privatization of Vietnamese state-owned operator Mobifone. Companies including Norway’s Telenor, Sweden’s Comviq and Australia’s Telstra…
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