Project e-HKD+ will explore use cases for individuals and corporates such as in supply chains or DLT environments; participants include DBS, Visa, ANZ, HSBC, Bank of China (HK), Mastercard, Airstar Bank and KBank.
While interest is growing in Apac, voluntary carbon markets are progressing slowly due to non-standardised regulations and a lack of clarity over underlying projects.
Firms in the garment and pharmaceutical sectors are navigating severe turbulence in their businesses. The new government is trying to shore up FX reserves, bank balance sheets, keep inflation under control, and deal ...
All vendors on Taobao and Tmall will be able to add WeChat Pay to their fund collecting options soon, as they face increasing market competition, according to market sources.
Aviva India has confirmed it is "actively engaging" with the relevant tax authorities in India, following a report in Reuters that the firm has been warned by authorities about possible tax evasion.
Rabobank and HSBC helped with the implementation of a $166m facility which will be used in part to help smallholders adopt sustainable farming measures.