As Singapore wades into digital lending, with the Monetary Authority of Singapore inviting firms to submit proposals for virtual banks by August, SMEs are set to gain the most
Thomas Tan, CIMB global sales, FX and transaction head offers advice to companies considering billing in local currencies to obtain better trade terms and improve group-wide hedging strategies.
Sep 30, 2013
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Australian treasurers and CFOs say Chinese counterparts are requesting more LCs are part of their trade negotiations. The LCs are allowing the Chinese firms to line up better financing rates offshore.