Here’s what you should know.

1. Indonesia’s Bank Central Asia is to invest $15 million in fintech technology

With some 1,200 branches and 17,000 automated teller machines, BCA has one of the largest retail banking operations in Indonesia, and runs the country’s most advanced payments system. It will invest in fintech companies to have a competitive edge over rivals, who are also looking to cater towards Indonesia’s unbanked.

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2. Thailand’s SCG launches ‘SCG Express’ with Black Cat Yamato 

The joint venture, SCG Yamato Express, will provide a full logistic service in Thailand, focusing in the B2C and C2C segments for small parcel delivery.

This year, the partnership will see the launch of over a 100 kiosks in the form of service points,

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3. Vietnam ecommerce is poised to meet growth targets

Last year, ecommerce revenues increased to $5 billion, accounting for about 3% of the total retail trade and services revenue.

Tran Trong Tuyen, general secretary of the Viet Nam E-commerce Association, said it was important for businesses to open their stores at a good location, but the situation has changed with 40 million Internet users having the option to buy things online.

“If retail companies do not invest properly in ecommerce, they will gradually lose customers,” Tuyen said.

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