BFM 89.9
The Business Station
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42 mins
17 mins
Waiting for a package to be delivered can be frustrating as deliveries mostly happen during office hours. Furthermore, customers often miss the delivery window and proceed to worry about the safety of their packages. To ensure the convenience of online shopping, the Singapore government has created a nationwide system of delivery lockers from which the public can retrieve packages ordered online.
FreshTurf, a technology company in Singapore, soughts to create a secure way of making these lockers available to any delivery company wishing to utilize the service. Think of it as the Uber of delivery lockers. We speak to one of the co-founders of Fresh Turf, Jarryl Hong about the creation of this blockchain startup and all its operations.
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Events · May 13 · 4:01AM
ASEAN Gateway To Cross Border Payments
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ASEAN’s digital payments sector is experiencing rapid growth, fueled by increasing smartphone use, fintech innovation, and a booming e-commerce landscape. Key markets like Indonesia, Vietnam, and the Philippines are leading the way, with major opportunities in digitizing MSMEs and expanding rural financial access. Consumers are shifting toward mobile-first behavior, embracing e-wallets, mobile banking, and digital banks that offer greater convenience and accessibility. ASEAN central banks are strengthening cooperation to enhance payment linkages through QR code integration and shared standards. A major initiative, Project Nexus, aims to make cross-border payments faster, cheaper, and more seamless, though challenges remain in aligning regulations and infrastructure. As digital transactions surge, cybersecurity becomes critical, with the need to protect users without disrupting the payment experience. Importantly, digital finance is helping bank the unbanked, especially in rural areas, where mobile money and fintech tools are providing people with their first access to formal financial services.How can ASEAN ensure inclusive growth as digital payments continue to expand?
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