SMEs form the backbone of the Singapore economy and digital solutions are helping them get on top of paperwork. Cafebond.com serves up a prime example.
E-payments solutions are slowly spreading across Southeast Asia, but a fragmented regulatory framework makes harmonisation of payment systems a distant goal.
The IMF has endorsed the renminbi as a freely usable currency, recognising China’s increased importance in the global financial market. The renminbi’s journey to attaining this status was never straightforward.