Trade & Supply Chain Finance

Companies should build sustainable finance around their business strategy rather than reshape their business to qualify for ESG funding, treasury leaders said at CT Week Philippines.

Persistent currency volatility is forcing treasury teams to rethink how they manage exposure, with stronger forecasting, cross-functional collaboration and technology emerging as the foundations of effective FX risk management.

The trading and energy company has issued its first global bond; the move comes two months after becoming Korea's first non-financial company to issue blockchain-based digital bonds via HSBC Orion.

Paul Golden reviews some of the key Asia currency movements in June and talks to market experts, covering Japan, Korea, India, Indonesia and China.

The issuance is the largest high-yield USD corporate bond offering and the first triple-tranche high-yield USD bond offering from India. Bond issuance has topped $265bn in Asia in H1 2026.

Payment Asia's merchant network will be able to connect with PayMe, which is used widely in Hong Kong, and has a user base of over 3.3 million.

The Bank of Japan raised its policy rate to the highest level since 1995 and and said it will stop paring back its bond purchases from April 2027, amid rising energy costs and firming inflation expectations. The US Fed has held rates steady at the new chair’s first meeting.

The framework will support IDR-CNH settlement between Indonesia and Hong Kong, alongside moves to enhance Indonesia-China QR payment connectivity and CIPS access.

The cooperation includes USD and CNY settlement and transfer services in Hong Kong and mainland China.

The Central Bank of Sri Lanka said the decision to raise its interest rate to 8.75% is aimed at curbing inflation risks, as the Iran war keeps global oil prices elevated; the bank is also trying to increase US dollar liquidity to curb currency depreciation.

There is concern from businesses and politicians that the trade deal is harmful to many sectors, takes away flexibility, and hands the US many benefits; the government is also trying to renegotiate a multi-billion dollar loan with the IMF, which insists many reforms are needed.

The central bank said the surprise decision is a "pre-emptive" measure to keep inflation in check and to stablise the rupiah as the Iran war drags on. Exports of "strategic natural resources" will need to go through state-owned enterprises.