Exports grew 15% in Q1, however there is expected to be a slowdown moving forward as tariffs bite, the baht remains strong and tourism faces headwinds.
Retail sales and industrial output have beaten expectations for January and February, as China's leadership eyes 5% GDP growth again; meanwhile global suppliers are showing optimism for the year ahead, according to a survey.
Senior execs from the government, Paytm, Standard Chartered and the IFSCA, say private capital, digital payments, and green finance are major growth drivers, yet there are risks from geopolitical instability, structural issues in job creation and income inequality.
There have been significant difficulties for supply chains reliant on garment factories, accessing USD, banks and the FX rate; however, a new administration could help bring a turnaround.
For corporate treasurers in Hong Kong and Singapore, risk mitigation strategies can only take you so far. CT looks at how the coronavirus recession will hit smaller economies hardest
Corporate treasurers will have to approach their banking relationships delicately to strike a balance between their immediate needs and the banks’ ability to provide aid
The Korean government has announced a series of R&D-related tax reductions in an effort to ignite economic growth. This will benefit high-tech companies but CFOs need to assess the financial implications.
Finance ministers and central bankers from the G20 group have promised to give each other a heads-up on actions that could trigger major devaluations of their currencies.