Indonesian accounting bodies have reaffirmed their commitment to fully converge with international reporting standards, but a lack of qualified accountants in the country could pose problems.
*Safe regulates capital outflow for inter-bank bond investment
*Thailand plans reporting exemptions for foreign issuers
*CFTC adopts X-border approach for uncleared swaps
*Indonesia moves to full IFRS convergence
The People’s Bank of China (PBoC) set its reference rate for the renminbi against the US dollar at a five-year low of Rmb6.5693. CT asks experts how this will impact global markets, corporates and working capital.
Asean has a bright future, but a funding crisis risks stifling its potential. The trade bloc should look to Singapore as a leader in digital trade development and allow the region to become a global hub of trade and ...
China’s central bank and FX regulator have promised to make life easier for corporates looking for cheaper funding offshore. The policies are promising but the details are sketchy.