CT Staff

Teo, former head of treasury and finance function, SEA, at ESR Group, joined the Japanese bank earlier this month in Singapore.

Payment Asia's merchant network will be able to connect with PayMe, which is used widely in Hong Kong, and has a user base of over 3.3 million.

The US consumer price index hit 4.2% in in May, up from 3.8% in April, and the highest in three years. Bank Indonesia has increased interest rates by a further 0.25% to stabilise the rupiah.

The cooperation includes USD and CNY settlement and transfer services in Hong Kong and mainland China.

Hung has taken up a new position as head of global corporates, Hong Kong, Corporate and Institutional Banking (CIB), at the global bank.

Anita Li will join the US bank from Standard Chartered in July.

Developments in the Middle East are causing global energy prices to rise meaning that inflation is "elevated".

CT's 2026 Awards, that recognise a wide range of treasury strategies and functions across Apac and the Middle East, are still open for entry.

The firm has added Thailand, Indonesia, Malaysia, Vietnam and Turkey to its network. There are more businesses and consumers increasingly using digital payments across Apac.

A MOU includes the launch of the HKEX Bursa Malaysia Large Cap Index.

Yu Jian is replacing Yu Ning at the HKEX listed Chinese auto dealership.

Amid rising inflation, interest rates, and liquidity pressures, Apac corporates are seeing efficient cash flow management as essential, according to Visa's latest Growth Corporates Working Capital Index.