The strongest storm of the year is causing widespread disruption to businesses, tourists and residents in Hong Kong, Macau, the Philippines, Taiwan, mainland China and Vietnam. Cathay Pacific is cancelling flights from Hong Kong airport from 6pm, September 23 to 6am, September 25.
The capability to link all systems, including procurement processing and travel management, to a centralised ERP platform can significantly help streamline finance operations, according to Giselle Arellano Geronimo, the firm's local head of finance.
Treasury teams are digitising fast — now they want regulators to catch up. While digital wallets may be surging in the retail space, B2B payments and cross-border processes remain hamstrung by regulatory inertia.
Interconnected QR code payment systems continue to be developed across Asia Pacific, facilitating cross-border retail payments while maximising user experiences.
A Brankas report showed pitfalls in both Indonesian and Filipino banks’ up- and downtime in 2023, revealing more infrastructure is required for higher service reliability.