Tired of seeing the supply chain disrupted by late payments, an advertising technology firm is developing a digital wallet which clients must log into and make payments to continue to use services.
Cybersecurity increasingly features in long-term planning to maintain supply chain resilience in the region, a new study reveals. Failure to do so could prove costly.
The bank signs a memorandum of understanding with General Electric and the Trade Bank of Iraq, a sign counterparties are ready to help companies finance Iraqi projects.
The Hong Kong Monetary Authority has launched the Infrastructure Financing Facilitation Office in a bid to secure itself as the top financing hub in the world.
The percentage of Asia-Pacific companies reporting late payment issues remained high in 2015, and the situation isn’t expected to get better, with China proving a special concern.
Both China and Hong Kong are attempting to tackle businesses that have deliberately mis-invoiced goods traded across the border to sneak money offshore.
CT’s annual Asia trade finance survey reveals how banks are playing a more cautious game when it comes to providing trade finance services. Countries and industry sectors were a major focus point, the results reveal.