Corporates in Indonesia are concerned over new Bank Indonesia rules designed to limit exposures to foreign debt, calling one particular provision “ridiculous”.
BI levels hedging requirements, foreign asset pledges, and minimum credit ratings on corporate foreign debt in Indonesia; HKMA implemented two new initiatives increasing RMB liquidity measures in the territory.
Sonal Priyanka has been hired away from BAML as Societe Generale’s new regional head of trade for global transaction banking Southeast Asia, India, and Middle East.
ASEAN+3 go together at the World Bank Annual Meeting to strengthen their Chiang Mai Initiative foreign exchange regime; The CIRC opened a new financing outlet for China's shadow banking through insurance companies; ...
CT's Working Capital Chronicle has been updated. New deals include: Donggi-Senoro LNG inks a trade finance deal to secure the import of liquid natural gas from the US to Indonesia; JSC secures Chinese trade finance ...
China's State Administration of Foreign Exchange (SAFE) has replaced or eliminated a total of 34 foreign exchange documentary rules; Hong Kong announced several initiatives to position itself as a renminbi trading ...
The Indian Finance Ministry has established regional debt recover tribunals to help relieve state-owned banks of non-performing loans; China has eased round trip investment rules and establishes three new private ...