Ryan Li

The aim is to target China’s growing population living abroad.

Phil Carmalt will start in the role at BofA on May 29 and will continue to be based in Hong Kong.

Geopolitical and economic uncertainty is causing greater competition and supply chain concerns for businesses across Apac; investment in technology and new markets are ways to buffer the impact.

Treasury leaders from Klook and Hysan Development shared their FX position and risk management strategies.

Balancing core financial performance and meeting ESG regulatory standards is becoming a fine line for corporates to walk, according to senior executives at Towngas and Kerry Logistics Network.

With negotiations ongoing, Vietnam and its companies are now at a crucial crossroads, dependent on whether Trump is willing to lower his 46% tariffs, incoming on April 9.

The Mongolian national payment card has teamed up with a HK provider to be accepted in Hong Kong; the move is led by Mongolbank.

Most major sectors in Thailand have said their normal operations were undisrupted by the earthquake in Myanmar; SET trading resumes after temporary closure on Friday afternoon.

The window left for negotiation remains key for the market to understand the impact of tariff policies, according to experts speaking at HSBC’s summit in Hong Kong this week; overnight the White House has announced 25% tariffs on cars from April 3 and car parts from May 3.

PGIM research challenges the idea that globalisation has been derailed, despite tariffs ramping up.

While wider migration has been adopted across banks, corporate clients are being encouraged to follow suit to create a standardised payment ecosystem.

Multiple payment fintechs have announced expanded offerings across Apac, reflecting a growing cross-border payment space that might challenge traditional players, especially for SMEs.