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Investigation: Asian SMEs suffered losses as high as 70,000 USD due to increased FX Fluctuations
Wed, September 30, 2020 Asia Singapore  East & Partners ,Financial Results ,Foreign Exchange ,SMEZaobaoThe research results of Oriental Partners, a financial institution research company, pointed out that 64% of the interviewed companies admitted that they suffered at least one foreign exchange loss from mid-February to mid-August this year, indicating that this is a common problem. The amount of loss ranges from US$1,000 to US$71,400, which means that the average amount of each loss is about US$11,500.
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The banks are facing a loan default tsunami
Mon, September 28, 2020 Australia  CBA ,Reserve Bank of Australia ,Debt ,Financial Results ,Interest Rates ,LendingMartin Smith at East and Partners says CBA has been on the front foot when it comes to the changes in responsible lending rules. But Smith says the RBA has nowhere left to move and may have to walk back its negative rates discourse.
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Reshaping the future of supply chains in Asia
Against the backdrop of the global pandemic, businesses in Asia are looking at how they can better structure, finance and manage their supply chains.
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New Institutional Partner – East & Partners
WOA is delighted to confirm a new Institutional Partner.
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Industry roundup: 2 September
PNC Treasury Management has announced it has expanded its payment offerings by adding push-to-debit card capabilities, called Direct to Debit Card.