The link is available at businesses and is between Indonesia’s Quick Response Code Indonesian Standard (QRIS) and apps from Alipay and UnionPay International.
The bonds will be used to stockpile bauxite, refinance debt, to invest in overseas projects, share repurchases and for general corporate purposes; the aluminium giant also issued a concurrent share repurchase.
China's central bank and FX regulator have replaced fragmented pilots with a nationwide, quota-based framework for MNCs. Integration into global cash management structures should become easier for treasurers.
Slowed corporate loan activity reflects slowing domestic demand. September data will be key to reveal the impact of the government’s loan interest subsidies.
Toll Group’s executive chairman Thomas Knudsen told CT about the freight firm's plans to step up investment in Asia, where shifting trade corridors, rising middle-class consumption, and a push toward decarbonisation are rewriting the rules of logistics.