The geopolitical shocks of 2016 saw businesses understandably concerned about how the new reality of resurgent economic nationalism might affect cross-border trade and capital flows. Yet as this article explains, there’s no need for overreaction.
Banks which start to prepare now for the region to join the move to immediate payments can secure a major competitive advantage.
The just-concluded talks on reviving the Trans-Pacific Partnership have repercussions for international trade, particularly in the absence of the US as a TPP member.
Asia Pacific economies are showing strong economic growth but a record number of companies have seen delayed payments.
Late payments were experienced by 64% of companies in 2016, a recent Coface report found.
While offering a range of benefits, smart contracts also present users with major challenges and won’t fix inefficiencies in a company’s supply chain.
By 2030 artificial intelligence will add more than US$15 trillion to the world economy according to the group’s research, but most of that gain will go to North America, Europe and Asia.
The decision by MSCI to include China shares in its Emerging Markets Index is called “a pivotal moment for global investment”.
Already an established event in Europe, this month has seen the first Supply Chain Finance Community Forum Asia bring together treasurers, procurement directors, banks, tech vendors and academics in Singapore.
The Australian ‘big four’ bank remains bullish on Asia, despite retrenchment under its new chief executive Shayne Elliott.