Agreement on Project Nexus shared goals


The multilateral platform aims at connecting domestic payment systems.

KUALA LUMPUR: Bank Negara and the central banks of Indonesia, the Philippines, Singapore and Thailand have come to an agreement on the shared goals for establishing Project Nexus, a multilateral platform aimed at connecting domestic payment systems.

Singapore-based Bank for International Settlements (BIS) innovation hub head Maha El Dimachki emphasised on the importance of the five partners’ unified vision in ensuring the project’s success.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Watts from water
Singapore’s financial sector a big winner
Up in Arms - or up the value chain?
Asia bonds for diversification
Smart city can’t beat the traffic
Powering a new reinvestment cycle as demand surges
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read