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Business 5 years ago
Asian shares on backfoot as focus shifts to US stimulus, China tensions
Asian shares started cautiously on Monday as investors kept one eye on flaring tensions between the United States and China and another eye on US fiscal stimulus after talks between the White House and Democrat lawmakers broke down.
Opinion 6 years ago
PREMIUM
Brace yourselves, cross-border e-wallet is coming
Two popular companies from China, Alipay and WeChat Pay, have entered the market in Indonesia. Last year these two fintech firms went viral when national media reported that they could be used by Chinese tourists in Bali. This could have meant lost income for Indonesia as the transactions between tourists and merchants did not involve Indonesian institutions. To prevent loss, the government issued several regulations to anticipate the cross-border payment risks.
News 7 years ago
France’s national rail system launches WeChat account for Chinese tourists
In response to the rising number of Chinese tourists to France, the country’s national railway company has launched an account on the mobile payment and instant messaging app WeChat, often described as the Chinese version of WhatsApp.
Science & Tech 7 years ago
China's 'red packets' go digital over Lunar New Year
More than 820 million electronic "red packets" were sent over China's Lunar New Year holiday, leading social media platform WeChat said, as the centuries-old practice of exchanging monetary gifts increasingly goes digital.
Business 7 years ago
Switching firm records three types of illegal payments in Bali
Switching firm PT Alto Halodigital International president director Rudy Ramli has said the company found three types of alleged illegal payments made in Chinese yuan among Chinese tourists visiting Bali, Indonesia’s main tourist resort.
