Tag: asia

The markets in Asia added are: Japan, India, Pakistan, the Philippines, Bangladesh, Thailand, Vietnam and Nepal; the UAE in the Middle East has also been added.

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.

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.

Aavishkaar Capital provides credit to mid-sized MSMEs operating in the supply chain with a social and environmental impact, in India, emerging Asia such as Indonesia and Vietnam, and Africa.

Firms with parent companies overseas in 2024 grew 10% in the city while almost 500,000 have applied to come under talent schemes; in addition, tourism has increased 12% to 24 million in the first six months of this year as the government releases a new business report.

The rise of super-apps and digital platforms is reshaping payments infrastructure – and giving banks and fintechs a new path to growth.

Many Asian corporates, such as Tata International, are taking a leading global role in trade finance digitisation as they look to boost balance sheets and ensure continued access to credit.

The plan is to launch an integrated digital trade corridor to connect China, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Singapore, Malaysia, Indonesia, Vietnam, and the Philippines

With more fast and cheap options in the region's payments universe, transaction banks must now layer added services to remain competitive.

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

The global payment firm believes that Apac will "drive the global acceleration in money movement in 2025".

Financing will include trade loans, securitisations, co-financing partnerships, term loans, working capital facilities and IPOs, according to the US bank.