Southeast Asian markets have benefitted from the ongoing US-China tensions, emerging as a major area for businesses looking for diversification and to tap a young, digital savvy workforce.
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.
Vietnam Bank for Agriculture and Rural Development has signed up for Swift’s Know Your Customer (KYC) Registry. Similar initiatives could help treasurers get onboarded with banks faster.