Hanoi (VNA) – The novel coronavirus outbreak has changed the payment habit in Vietnam, with non-cash transactions particularly surging in the public service, Director of the State Bank of Vietnam’s Payment Department Pham Tien Dung said on December 4. At a workshop on promoting non-cash payment in the digital economy, Dung said digital payment ecosystem has been applied at over 30 hospitals, while 50 commercial banks completed e-tax payment with customs and taxation authorities in the 63 cities and provinces nationwide. Twenty-seven commercial banks and 10 intermediary organisations joined hands to carry out online payment of electricity bills, he said, adding nearly 90 percent of the Electricity of Vietnam’s revenue from power bills was collected through commercial banks. As of August 31, 92.9 percent of the 90,858 state-owned agencies had transferred salary payment through bank accounts, as compared with 81 percent recorded in the end of 2016. During … [Read more...] about COVID-19 sparks a boom in cashless payment: expert
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The apex court has asked the Centre and the Reserve Bank of India to put before it within a week the recommendations and the decisions and other notifications on loan moratorium and also "consider the issues raised by the real estate associations and the power producers". … [Read more...] about SC asks Centre to place on record Kamath report on interest waiver
It is expected to go to HMRC in the first instance and then to the Treasury. The Government has declined to say what the cash will be used for, but there have been calls for it to be distributed to the leisure sector after the Prime Minister's one-off £1,000 grant announced this week for 'wet pubs' was widely condemned as being too small to help save the industry from mass closures and redundancies. … [Read more...] about The £1.7billion cash back deal: Asda vows to repay £340m from Covid tax break becoming latest supermarket to return savings in 24 hours after Tesco, Aldi, Sainsbury’s and Morrisons
Biden kept his cool, and made many good points. Outshouting Trump was out of the question even for the enfeebled moderator. Biden was at his best when he ignored Trump's rants and spoke directly to viewers. "Do you believe for a moment what he's telling you in light of all the lies he's told you...relating to Covid?" Trump repeatedly tried to switch subjects and hit Biden about his son Hunter, who is not running for president. Biden rejected the claims about his son. Then he looked straight into the camera, and said, "This is not about my family or his family. It's about your family. He doesn't want to talk about you, what you need." … [Read more...] about Who won the first presidential debate?
While it's not yet clear exactly why the Ant Group IPO was suspended, it could be an attempt by Beijing to remind Ma "who calls the shots," Clark told CNN Business on Tuesday. Still, such a dramatic move so close to the listing date is surprising because it could damage Beijing's drive to develop its capital markets, he added. … [Read more...] about China halts Ant Group’s giant IPO after dust up with billionaire Jack Ma