皇冠体育官网app（www.hg108.vip）:Critical for Malaysia to have efficient cross-border payment to support trade - BNM governor
KUALA LUMPUR: It is critical for a *** all and highly open economy such as Malaysia to have an efficient cross-border payment service to support trade and commerce with its neighbouring countries as well as all countries worldwide.
Bank Negara Malaysia (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus said the central bank is now pursuing multiple efforts on many fronts such as by linking DuitNow, its fast payment system, with ASEAN neighbours.
"This is a no brainer. Within Malaysia, DuitNow has enabled millions of individuals and businesses to transfer money instantly and seamlessly. So imagine if we could do the same for the whole region to make cross-border payments cheaper, faster, more transparent and accessible to all 600 million plus of us in the region. The economic impact can be significant.,,皇冠体育官网app（www.hg108.vip）是一个开放皇冠体育官网代理APP下载、皇冠体育官网会员APP下载、皇冠体育官网线路APP下载、皇冠体育官网登录APP下载的皇冠体育官网平台。皇冠体育官网APP上最新登录线路、新2皇冠体育官网更新最快。皇冠体育官网APP开放皇冠体育官网会员注册、皇冠体育官网代理开户等业务。
"ASEAN economies are highly integrated, with intra-ASEAN trade accounting for the largest share of the total trade in ASEAN. So think about how this can bring about a change to help people and businesses in trade and travel,” she said.
Nor Shamsiah said this during the casual talk session 1 at the Digital Economy and Finance Festival organised by Bank Indonesia themed, "Faster, Cheaper, More Transparent and More Inclusive Cross-border Payment to Promote Regional Economic Recovery”.
Also participating in the session were Bank Indonesia governor Perry Warjiyo, Monetary Authority of Singapore managing director Ravi Menon, Bangko Sentral ng Pilipinas governor Felipe Medalla, and Bank of Thailand’s deputy governor Ronadol Numnonda. - Bernama