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East Asia and Pacific

Bank Indonesia promotes e-money efficiency

Back in November of last year, Bank Indonesia and IFC co-hosted a half-day forum focused on bringing efficiency to electronic money solutions in the country. The seminar – titled Peningkatan Efisiensi Penyelenggaraan Uang Elektronik (E-money) – was opened by Bank Indonesia Director Murniastuti and IFC Vice President Rachel Kyte.

Next in line for m-banking services: Papua New Guinea

This past October I participated in a 2-day Mobile Money Summit in Port Moresby, Papua New Guinea. Why Papua New Guinea? There is growing interest among telecom companies and banks there in mobile financial services. Although the meeting was attended by more than 50 people from around the Pacific, the majority of the participants were from companies doing business in Papua New Guinea.

What’s your lucky number? For Mongolia, it’s 58.

David Lawrence's picture

The hall was large and chilly. But it was also full. Nearly 80 people had come to listen to a presentation on Mongolia’s ratings in the 2009 Doing Business survey. I was happy to see a healthy mix of government officials, private firms, developmental organizations, NGOs and journalists there.