Globally, Asia has a higher level of interoperability and is a leader across a host of payment methods such as QR codes, but the region remains “extremely diverse”, according to FXC Intelligence.
Southeast Asian markets have benefitted from the ongoing US-China tensions, emerging as a major area for businesses looking for diversification and to tap a young, digital savvy workforce.
Increased digitalisation - and digital payments - are now among the chief incentives for global businesses to set up shop in Southeast Asia, according to a new HSBC survey.
Singapore-based Matthew Moodey has been appointed to lead the bank’s Asian trade finance effort. He shares with CT key considerations for Asia’s corporates as the bank predicts an imminent default wave.
Having taken on leadership responsibility for the bank's South and Southeast Asian Commercial Banking effort from December 2021, CorporateTreasurer caught up with Amanda Murphy on the themes pervading corporate activity across her regional remit.
Volatility in developed markets, the energy crisis in Europe, and widening of Asia-focussed strategies has led to increased interest in these two markets.