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IMF predicts Vietnam, Indonesia, and Malaysia fully recovering in 2021
IMF reveals mixed economic forecasts for Southeast Asia with a focus on Vietnam, Malaysia, and Indonesia. The IM predicts that Southeast Asia’s six leading economies are expected to face variants of fiscal parts in 2021. With Vietnam, Malaysia, and Indonesia gaining from the pre-pandemic levels while Singapore, Thailand, and the Philippine scramble to return to fiscal health. Compilations of the International Monetary Fund’s Country projections Nikkei has compiled the IMF’s country based projections for a real gross domestic product with 2019 figures being set as a baseline of 100. Vietnam, Malaysia, and Indonesia all score above 100 marks in 2021. This means that their economies are expected to expand next year compared to the level before the coronavirus outbreak in 2019. Currently,...
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The surge of mobile banking in Africa and its effect on the economy
The burgeoning phenomenon of mobile banking in Africa has ushered in an era of greater financial inclusion and economic transformation. As mobile connectivity outpaces traditional banking infrastructure, the convenience and accessibility of banking via a smartphone have empowered individuals and businesses alike. This exploration seeks to unravel the multifaceted impact of mobile banking on the continent’s economy, inciting curiosity about the various gears and sprockets that make up this financial revolution. Join us as we delve into the relationship between the surge of mobile banking and...

















