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(Archived document, may contain errors) No. 50 August 29,, 1986 THE U.S. AND THE PACIFIC RIM: A STATISTICAL HANDBOOK INTRODUCTION Ronald Reagan calls the 21st century the Pacific Era.' A great many Americans agree. They point to the remarkable economic progress posted by most of the region's countries, which range from the U.S. and Canada in North America to Japan, South Korea, Australia, the Republic of China on Taiwan, and a score of others in Asia.
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Local fintech firm MyMy has received conditional approval for a large scheme Electronic Money License from Bank Negara Malaysia (BNM). The company said that it expects to launch its e-wallet services within the year.
Until all conditional requirements are met by Bank Negara, MyMy remains reserved about disclosing their full product proposition. But while acknowledging the large number of wallets already in the market, MyMy claimed that it isn’t just another e-wallet player.
“Our plans to become the world’s first Shariah-compliant digital bank is still within our sights and will take its form with the right conditions set by our committee and our consortium partners,” said MyMy chairman Tunku Ahmad Burhannudin.