Singapore

Singapore companies using RMB jump to 15%

RMB-readiness gives advantage in China trade.

Maybank expands Cambodia presence with new branch

Four other branches also planned in 2014.

Dim Sum bonds predicted to be range-bound in 2H14

The currency, though, is likely to rebound.

Here are the crème de la crème at the 2014 Asian Banking and Finance Awards

200 bankers from almost 30 countries came in droves to receive their plaques.

Trade finance woes in emerging Myanmar - Part 2

On the sanctions front, the EU recently lifted all sanctions against Myanmar (the UN does not sanction Myanmar at all), however, the US approach is still complicated. The US Treasury’s Office of Foreign Assets and Controls (OFAC) regulations still “does not authorise, in connection with the provision of security services, the exportation of financial services to the Burmese Ministry of Defense, state or non-state armed groups (which includes the military) or entities owned 50% or more by any of the foregoing.”1

Top takeaways for security in Asian banks

Cybercrime has become a major global issue that is seeing increased sophistication with cybercriminals striving to find new and improved ways to access networks. The result is a sizable financial loss to individuals and organisations with serious damage to brand image and reputation.

Trade finance woes in emerging Myanmar - Part 1

“Moving forward in unity to a peaceful and prosperous community,” the Myanmar slogan echoed as it chaired the 2014 ASEAN summit. This was the first time Myanmar has chaired ASEAN since joining in 1997 and the latest step in a series of events that Myanmar has taken to join the international community.