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The IMF has endorsed the renminbi as a freely usable currency, recognising China’s increased importance in the global financial market. The renminbi’s journey to attaining this status was never straightforward.
Companies - both Western and Asian - are finding creative ways to make cross-border payments in the region more efficient.
In December 2015, the ASEAN countries will form the ASEAN Economic Community. The economic prognosis is good.
CT has provided all the basic tools and know-how to help you get your operations started in the US and Canada.
Once again, the investment bank is ahead of the curve when it comes to protecting its future interests.
FX instability will hurt the economic development of ASEAN, but a single currency has been discredited as a saviour.
Honnus Cheung, CFO for Travelzoo (Asia-Pacific), outlines the first steps of building a business and picking the right bank.