Thursday, June 5, 2008

Saving it the Internet way

This is probably the best time to heed some timely advices from the central bank governor especially right after the whopping 40% fuel price increase announced yesterday.

On the other hand, with mobile phone penetration rate as high as 95% (cited from the same article), the mobile banking development is indeed slow in both its deployment and take up rate. Would it take many more years for consumers to be convinced of its practicality just like how Internet banking started many years back in this part of the world?

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