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Having just completed a bank guarantee via blockchain, the CFO of the company behind Australia's Westfield malls tells CT what’s needed to get the distributed ledger into the mainstream.
As the Regional Comprehensive Economic Partnership moves towards a pan-regional economic agreement, a think tank pushes it to copy the TPP approach to rules of origin as time runs short before the trade bloc goes live.
The Trans-Pacific Partnership is as unpopular among Democrats and Republicans as Wall Street, meaning it may not materialise.
*HKMA launches infrastructure financing unit
*Indonesia central bank to intervene in FX market
*Korea offers tax perks to reshoring companies
With the move, companies dealing in the Korean won are expected to see significant savings in transactional costs and lessened currency risks.
Asia-based corporate treasurers and CFOs have no need to hit the panic button about a potential British exit from the European Union, experts say.
Combining exclusive interviews and submissions from Asia’s key transaction banks, CT has compiled ten top trade finance strategies from the last year. This is part three of five of the full write ups.
After sifting through the year’s interviews and submissions, CT has selected ten trade finance transactions that represent the most innovative deals in Asia-Pacific
The British bank, HSBC, has hired Quang Buu Huynh from Vietnam to Hong Kong to run global trade and receivables business in an effort to drive trade revenue in the bank’s key markets.