The booming Philippines is ripe for tax reform and the country's Bureau of Internal Revenue (BIR) has targeted transfer pricing, with particular goals for advanced pricing agreements.
A survey of China’s top companies reported a marked dissatisfaction with trade finance and liquidity management services, products they also ranked as among the most important, according to East & Partners.
It seems treasurers are hard to please. Based on research compiled by East & Partners, the level of satisfaction of transaction banking services in Asia is misaligned with the quality of service they are getting.
Standard Chartered tops the ratings for the quality of its payment processing services provided in Asia-Pacific, based on East & Partners research. HSBC follows, while Citi's performance has waned in the last year.
DBS tops the ratings for receivables financing services provided in Asia-Pacific, based on East & Partners research. Standard Chartered and HSBC closely follow, but J.P. Morgan lags.
HSBC tops the ratings for e-banking services provided in Asia-Pacific, based on East & Partners research. Citi, Standard Chartered, J.P. Morgan and DBS are the chasing pack.
Standard Chartered tops the ratings for services rendered in accounts and transaction facilities in Asia-Pacific, based on East & Partners research. Citi, UOB and Hang Seng Bank sit at the foot of the table.