Report: What Has Been The Impact Of The COVID-19 Pandemic On The Peruvian Economy?

By Harry van Schaick, The Americas Regional Editor The US Small Business Administration, in consultation with the US Treasury Department, will re-open the Paycheck Protection Programme (PPP) loan portal to PPP-eligible lenders with US$1 billion or less in assets for First and Second Draw applications on Friday, January 15, 2021 at 9 am ET. The portal will fully open on Tuesday, January 19, 2021 to all participating PPP lenders to submit First and Second Draw loan applications to SBA. Earlier in the week, SBA granted dedicated PPP access to Community...

SKT Slashes Prices With online-only Plans

SK Telecom (SKT) followed South Korean rivals in cutting tariffs, introducing online-only mobile price plans offering 5G and LTE customers about a 30 per cent discount on existing fees. Six contract-free tariffs are set to be launched on 15 January: in a statement, SKT explained the move is a response to consumers’ preference for non-face-to-face channels, enabling it to reduce distribution and marketing expenses, and pass the savings to customers. Head of SKT’s marketing group, Han Myung-jin said the operator will focus on introducing “diverse types of new mobile plans...

Bank Of Khyber Transforms To Temenos Core And Digital Banking Platform

By Ron Chen, Correspondent ASEAN Region Bank of Khyber (BoK) which is a leading bank in Khyber Pakhtunkhwa, Pakistan, with 175 branches, successfully went live with Temenos Transact the next generation core banking, Temenos Infinity digital banking platform, Financial Crime Mitigation and Analytics. The implementation was carried out by Temenos’ Middle East implementation partner based in Pakistan, National Data Consultant (NdcTech). Temenos’ technology will support the bank in offering differentiated retail, SME and corporate banking products, including accounts, time deposits and loans for both Islamic and conventional banking. Temenos’ agile...
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