There are some 40 countries in the Asia-Pacific region ranging from some of the poorest to rich countries like Japan and New Zealand. There is also a major difference between the countries' cash…
Read moreby Kylene Casanova
HSBC has implemented a renminbi (RMB) cross-border payments and collections solution for a Fortune 500 company in China. It provides a centralised approach to cash management by enabling
by Kylene Casanova
A new report by Greenwich Associates claims that Basel III bank capital adequacy requirements are poised to increase pricing on trade finance. Greenwich suggests that this could accelerate the
by Kylene Casanova
Asia's banks need to lift service levels to their institutional customers or face an increasing risk of losing them, according to the latest research from industry specialists East & Partners. Their twice yearly Asi
by Kylene Casanova
IFC, a member of the World Bank Group, has introduced an innovative financial instrument to help China internationalize its currency, issuing the first renminbi-denominated note under its global discount note progra
by Kylene Casanova
Deutsche Bank today announced that it has jointly developed and implemented a unique cash management solution with General Electric's Treasury team in Japan. They have customised NTT
by Kylene Casanova
The first trade in EUR/USD was executed by a major Indian private sector bank on the EBS Market on January 24 and spot USD/INR (US dollar/Indian rupee) is now available for onshore bank customers to trade.
by Kylene Casanova
Citi has added the renminbi (RMB) to its Multi-Currency Notional Pooling service in London.
by Kylene Casanova
This month China's central bank, the People's Bank of China (PBoC), appointed two additional banks – the Industrial and Commercial Bank of China in Singapore (ICBC Singapore) and Bank of China in Taiwan (BoC Taiwan)
by Kylene Casanova
Since the People's Bank of China (PBC) introduced the renminbi (RMB) cross-border initiative in July 2009 to promote the internationalisation of RMB, the number of activities in Singapore for offshore RMB solutions
by Kylene Casanova
China's forex regulators issued a new guideline on January 28 simplifying repatriation of IPO
by Kylene Casanova
RGI, posted another new high of 748 in December, up 2.8% from November's 728 in part due to
by Kylene Casanova
Australia, China, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, Philippines, Singa
by Kylene Casanova
Citibank India has teamed up with a local tech firm Ezetap on a Square-like App and reader-based system for turning mobile phones into card payment acceptance devices which will make it much easier for merchants to
by Kylene Casanova
Citibank (China) Co., Ltd. ("Citi China") today announced the completion of the first cross-border lending transaction in Renminbi (RMB) by a foreign bank in China.
by Kylene Casanova
HSBC China is the first foreign bank to obtain approval from the State Administration of Foreign Exchange (SAFE) to implement a foreign currency netting solution for the trade of goods in China; this has been obtain
by Kylene Casanova
There also a very clever 6th option, if you've got the companies to do it.
by Kylene Casanova
Standard Chartered Bank (China) Limited and Shell (China) Co. Ltd. today announced that they have been granted approval to set up a Foreign Currency Cross-border Sweeping structure. The structure, approved by the Ch
by Kylene Casanova
The recent deregulation by SAFE and PBOC allows MNC groups to establish " cross-border cash pooling " structure to link it's domestic cash pool with overseas cash pools.
by Kylene Casanova
Christoph Nelischer, Willis Treasurer, describing his implementation of a Asia-Pacific cash management solution at the Eurofinance conference, explained: "You really have to engage the business. Consult on all level
by Kylene Casanova
In assisting clients with their tax preparation and compliance obligations, the use of tax technology by PwC will help to improve efficiency, accuracy and reduce risk in tax compliance. China's changing tax environm
by Kylene Casanova
At the recent Cash Management University in Paris, BNP Paribas explained how there are now five ways to release trapped cash in China:
by Kylene Casanova
In a session at NACHA's 2012 Global Payments Strategies Conference, Alfred Nader, vice president, corporate strategy and development at Western Union Business Solutions, urged corporates to trade in renminbi with th
by Kylene Casanova
Standard Chartered Bank has announced the launch of an Islamic version of its on-line banking platform, Straight2Bank. The enhanced platform expands client access to the Bank's Islamic products by
by Kylene Casanova
The increasing risk from the rise of the non-banks as a source of finance in China is reviewed in this article in the Financial Times.
