UOB’s latest business sentiment report reveals that half of small and medium-sized enterprises (SMEs) in ASEAN are confident about business growth, while cash management remains a top concern.
Treasurers last year moved away from cash preservation and towards deployment as pandemic woes eased, but must remain cautious amid new uncertainties, a JP Morgan report found.
A recent Kyriba report found currency fluctuations to have a milder impact in 3Q21 compared to earlier quarters, but Asian ex-rates – especially the yuan – should be closely monitored, warns strategist.
It has become the first foreign bank to implement domestic mutual fund custody and wholly foreign-owned enterprise (WFOE) private fund custody in China.
