The former pariah state hopes to boost its economy by giving foreign banks scope to lend to exporters. Bankers say the development would aid MNCs in the country, but need clarity from the government.
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.
Singapore’s central bank plans to free up bank capital with the launch of a trade finance trading platform. How this will benefits treasurers remains unclear.
The British engineering giant faces a huge bill over illicit payments to third parties in Asia and elsewhere. The case offers important lessons for CFOs in examining payments to third parties overseas.
Global body for securities regulators say local market participants may stop dealing with entities considered 'US persons' in swaps market as complex rules kick in. One treasurer says the shift has already begun.
Vast majority of finance professionals plan to upgrade treasury management products and services this year, a survey shows. For Asia, that points to more centralisation and standardised procedures in 2017.
Big tax cuts and a Trump spending splurge are set to keep the dollar strong, FX experts say, while the shock election result is unlikely to derail a December rate hike.
Speaking at CT’s 8th Annual Corporate Treasury & CFO Summit in the Philippines, Sergio Edeza offered insights into how he approached the challenge of raising money.