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A recent McKinsey report states slowing Chinese growth coupled with digital headwinds could see the bigger fishes eat the smaller fishes across the world of Asian banking.
With the move, companies dealing in the Korean won are expected to see significant savings in transactional costs and lessened currency risks.
Sri Lanka’s prime minister has announced plans to revise the law that restricts foreign exchange flows into and out of the country, but exporters are not holding their breath.
AkzoNobel is the forerunner in centralising payments. The company extended its ambitious project to Asia, with some creative twists.
How Swift and SAP helped the insurance company automate its cash management, improve forecasting, and reduce its idle cash investments.
The pooling of money across borders in Asia is complex and heavily policed. CT has compiled a treasurer's guide to the dos and don'ts.
The British bank, HSBC, has hired Quang Buu Huynh from Vietnam to Hong Kong to run global trade and receivables business in an effort to drive trade revenue in the bank’s key markets.