Three regional banks are gearing up to open their branches in Myanmar – a symbolic and political move that has been pushed through ahead of the country’s elections, CT understands.
A joint CT CBA poll examines the behaviour of corporate treasury departments throughout Asia-Pacific and finds dependence on counterparty ratings and local treasuries limited by central policy.
AirAsia is looking to set up a regional treasury centre for the group in Malaysia, CT has learnt. Improving cash visibility and handling foreign exchange risk are key motivations behind the decision.
Transaction banking research from East & Partners reveals the key reasons why companies shift bank and also who is presently owning the share of the primary banking pie in Asia.
Troubles in shipping has caused the 78-year-old Japanese liner, Sanko Steamship Company’s chartering business model to collapse as it declared bankruptcy this month.