China's shadow banking assets will shrink further after falling sharply in the first half (H1) of 2021, as the deadline...

A hybrid workforce is a challenge to organisations as 61% of respondents to a survey said they struggle to provide...

The number of countries developing central bank digital currencies (CBDCs) has dramatically increased as consumer preferences for digital payments shifted...

CFOs and other business leaders: Are you prepared for increasing your organisation’s budget for improved inclusion in a hybrid work...

Hong Kong’s export index in Q3 fell 9.7 points back to its first-quarter level of 39.0, after rising for five...

Managing people effectively is key in withstanding future crises, said the Association for Financial Professionals (AFP) recently when releasing results...

CIO-CFO partnership is important as tech leaders are helping to lead finance transformation while shifting strategies to meet evolving business...

There are 10 most sough-after shared services skills in the finance and accounting function in the past year, said Gartner...

Board independence sees uneven progress in Asia Pacific, said CFA Institute recently when releasing its new report “Independent Directors in...

Reaching net-zero will require massive shifts in policy and investment, challenging the credit profiles of debt issuers in sectors exposed...

When it comes to expat pay packages, Singapore is now the 17th most expensive location for companies sending employees overseas,...

Asia Pacific covered bond issuers comprise high-quality financial institutions that can support the credit quality of their covered bonds through...

Hyperautomation and intelligent composable business are the top technology trends that CFOs should immediately address, said Gartner recently. These trends...

The four trends that are driving near-term AI innovation include responsible AI, small and wide data approaches, operationalisation of AI...

The fluctuating pandemic has changed many organisations when it comes to the perception of the finance function—the stronger appreciation for...

Global CEO confidence returns to pre-pandemic levels, said KPMG recently when releasing results of a recent survey of more than...

Support measures for borrowers will limit the asset quality decline in Thailand, Indonesia, and the Philippines and banks in these...

Audit functions that fail to adapt well to hybrid auditing risk a loss of effectiveness and influence at a time...

Phishing attacks on employees have increased in 70% of Singaporean organisations, said Sophos recently when releasing a report. In addition,...

Pay rises are making a comeback in Asia Pacific, said Willis Towers Watson recently.  Companies in the region plan to...

Accountancy bodies including ACCA and Chartered Accountants Australia and New Zealand (CA ANZ) recently urged professional accounts to make the...

Two-thirds of banks, corporations and non-banking financial institutions (NBFIs) still use search engines to comply with trade and export compliance...

The key emerging technologies that spur innovation through trust, growth and change include nonfungible tokens (NFT), sovereign cloud, data fabric,...

China's planned new central bank digital currency (CBDC), the digital renminbi or e-CNY, could shake up the country's e-payments industry...

Three quarters of C-suite executives believe that intelligent automation helped to augment their finance employees’ capabilities, according to results of...

Hong Kong listed Sino-Ocean Service Holding Ltd. announced recently the appointment of Liu Xu as CFO. Liu, aged 36, joined...

Leadership teams increasingly realise that speed alone is not enough to capture the full value of digital transformation for an...

Talent management issues including attraction, retention, and engagement have emerged as the top workforce risk and the most pertinent threat...

Regulatory risk related to ESG disclosures has rapidly risen to the second overall position, said Gartner recently when releasing its Emerging...

Global fintech investment reached US$98 billion across 2,456 deals in the first half of 202 — outpacing last year’s annual...

FMCG (fast moving consumer goods) sales growth in China remains subdued though regaining traction, said Bain & Company recently when...

The growing audit control gaps can result in higher organisational risk, said Gartner recently when releasing results of its survey...

ACCA chief executive Helen Brand recently called on businesses to appoint more female directors because it makes sense commercially as...

Co-working space operator JustCo has deployed Workday Financial Management across its finance operations at its Singapore headquarters and in its...

Asia Pacific likely will grow faster in 2021-22 than the Middle East & North Africa and Latin America, but performance...

Half of all B2B credit sales in Asia are overdue, said Atradius recently when releasing its report for the 2021...

At a FutureCFO-AFP roundtable, senior heads of finance discuss the pandemic’s challenge to financial clarity and critical lessons learned that...

Collaboration between financial planning and analysis (FP&A) and business and operations teams when forecasting and planning is greater in organisations...

The trailing 12-month default rate for Asia Pacific high-yield nonfinancial companies will fall to 3.6% at the end of 2021,...

Only 19% of CFOs have automated nearly all their finance processes and are currently handling financial reporting digitally, said Workday...

More than half of surveyed accountants (57%) had no knowledge of coding but many of them are interested in acquiring...

The IMF maintains its global growth forecast of 6% in 2021 and 4.9%in 2022. The 2021 global forecast is unchanged...

Moody's said recently that its proprietary indicators for the second quarter of 2021 have continued to improve, pointing to stabilising...

Businesses around the world are struggling to manage climate risk disclosures and should consider taking urgent action to meet the...

Global deal values was in excess of US$1 trillion per quarter over the past 12 months as the first six...

The financial impact of cyber-physical system attacks resulting in fatal casualties will reach more than US$50 billion by 2023, Gartner predicted...

The number of companies on Moody's B3 Negative and Lower Corporate Ratings List fell 21% quarter-over-quarter, finishing June with 256...

The Hong Kong Institute of Certified Public Accountants (HKICPA) announced recently its launch of the Best Corporate Governance and ESG...

The recovery of global confidence is swift and strong in Q2 of 2021 returning global activity to the pre-pandemic level...

Economic recovery and solid capital supplementary bond issuance will support Chinese insurers' solvency in 2021, said Moody’s recently. Solvency ratios...

Ineffective contracting processes on average lead to more than 9% contract value erosion, said KPMG recently when releasing results of...

S&P 500 firms overlook governance metrics in ESG reporting, said Gartner recently when releasing an analysis. Actual metrics for tracking...

SWIFT recently announced the launch of its new Payment Pre-validation service, saying it’s a core building block in its strategy...

Provisions and write-offs of bad debt increased from $9,750 million in 2019 to $12,262 million in 2020 — a 25.8%...

Loreal Jiles (pictured), Director of Research – Digital Technology & Finance Transformation,  Institute of Management Accountants (IMA) weighs in on...

Employee wellbeing continues to be an issue as finance executives feel fatigued and jaded after having worked harder in the...

As companies transition to new ways of work, the number of organisations in Asia Pacific (APAC) making employee experience a...

Hong Kong’s export index has risen for the fifth consecutive quarter, soaring from a record low of 16.0 at the...

There are three priorities that not only HR leaders but also senior executives such as CEOs and CFOs need to...

Let’s continue with the last five of the top 10 security misperceptions today. To revisit or view the first half...

There are top 10 security misperceptions, said Sophos. According to the firm, those misperceptions were encountered by its rapid response...

Rising demand for goods and services in China, driven by GDP growth, will boost the earnings of most rated companies...

Six global banks have confirmed their preparations for SWIFT’s new platform for international payment flows, said the co-operative recently.  The...

A Gartner survey on CFO investment indicates that 82% of respondents plan to increase their budgets for digital capabilities in...

The most digitally mature firms saw valuations 23% above pre-crisis levels, on average, within six months of the pandemic’s start,...

Non-IT professionals will build 80% of technology products and services by 2024, said Gartner recently. This trend is driven by...

The Chartered Institute of Management Accountants (CIMA) said recently it proposed four suggestions on how Hong Kong can improve employment...

Skills have become the new currency of workforce and talent strategies, as more than half of organisations that responded to...

While  62% of organisations expect external audit fees to rise this year, they could combat this by automating their internal...

The total IFRS cost faced by the global insurance sector to implement the standard is estimated to hit the range...

New G7 tax policies announced lately will face hurdles as the proposals are yet to be agreed by the G20...

The global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in 80 years, largely on strong...

Changes in the finance function have given rise to a widening skill gap. Lee Thong Tan (pictured), CFO Practice Lead...

Indonesian technology group GoTo Group recently announced the appointment of Jacky Lo as CFO. Lo will be based in Jakarta...

China's (A1 stable) economic rebound has strengthened and become more broad-based since the beginning of 2021, said Moody's recently. Although...

Business and government leaders realise the urgency of ESG as an enterprise imperative, as environmental groups, activists, and asset managers...

Global economic growth would be higher but the recovery is likely to remain uneven and, crucially, dependent on the effectiveness...

Finance and accounting (F&A) organisations will not renew 60% of their existing business process outsourcing (BPO) contracts by 2025 because...

Most Fitch-rated firms in India would experience manageable impact brought by the wave of Covid-19, said Fitch Ratings recently. Most...

Strategic M&A activity will be a key driver of the post-pandemic recovery right across Asia Pacific, as companies more aggressively...

The C-suite can no longer afford for their tax functions to be consumed by routine compliance and reporting activities, said...

Controllers must optimise their governance processes to balance risk management processes without stifling the productivity that the technology provides, as...

Singapore has surpassed Hong Kong as Asia’s most resilient economy for the first time, said FM Global recently when releasing...

Singapore’s GDP grew 1.3% in Q1 of 2021 compared with a year ago, according to the Ministry of Trade and Industry's...

Gartner recently predicted that  70% of organisations by 2025 will shift their focus from big to small and wide data...

Cybersecurity requires more effort as the median attacker dwell time before detection was 11 days, said Sophos recently when releasing...

The post-pandemic global economy wound not the like the one before the coronavirus hit, said EIU recently. To tackle the...

Inefficient contracting has led to revenue loss and missed opportunities for more than half (57%) of the world’s major companies,...

Accountants have reservations about digital tools built for anti-fraud purpose, believing they are too expensive and irrelevant for smaller practices,...

Organisations are keenly aware of the important role data plays in the decision-making process; and much has been discussed about...

While CFOs surveyed recently by Gartner are likely to invest in AI, they need to adopt a different AI approach...

Refinancing risk in China is increasing for some finance firms, as increased borrowing in recent years have led to a...

Hong Kong posted a year-on-year 7.9% GDP expansion in Q1 after growth rates had fallen for a record six quarters, according...

More than half (54%) of employees surveyed from around the world would consider leaving their job post-pandemic if they are...

CEO sentiment is positive as more of these C-level execs anticipate an economic boom (60%) than stagnation (40%) in 2021...

Alibaba affiliate Ant Group is participating in China’s digital currency trial, according to a report by China Securities Journal. MYbank...

Finance transformation plans will fail if CFOs do not fully address four areas of comparative advantages of their function, said...

While some of the Gen Zers are already in the workforce, employers and senior executives such as CFOs need to...

The top 250 global retailers generated aggregated revenues of US$4.85 trillion in fiscal year 2019, representing composite growth of 4.4%,...

Cyber attacks and data loss are the top risks facing directors and officers, with COVID-19 and the forced change in working practices...

Rated Asia Pacific nonfinancial firms piled up their total cash holdings to a record-high $1.44 trillion, said Moody’s recently. The...

There are seven critical areas where CFOs can identify opportunities for improvement in ESG reporting, said Gartner recently. “About one...

India’s economy may shrink in Q2 as the number of Covid-19 cases is on the rise. The country reported another...

Nearly one in five employees (18%) consider themselves to be digital technology experts since the pandemic, while more than half consider...

Asia Pacific growth will see intra-regional disparities  though economies are recovering from the initial shock of the pandemic, said Fitch...

A CFO survey by Deloitte revealed that finance leaders in China see the country as a key growth driver in...

Quarterly VC investment in Q1 2021 flew past the US$100 billion mark for the first time, hitting US$126.9 billion globally...

The pandemic separates the readiest innovators from the rest, said BCG recently when releasing its report titled Most Innovative Companies...

Economic integration between China, Japan and Korea will continue to deepen despite China's focus on reducing its dependence on foreign...

BlackLine said recently that it has unveiled BlackLine AR Intelligence, the latest offering in its portfolio of accounts receivable (AR)...

Liquidity-fuelled IPO markets in the traditional slow Q1, with 430 deals raising US$105.6 billion in proceeds, said EY recently. The...

Have you ever wondered if your finance function is over-investing in new analytics tools? Gartner confirms your thought if you...

The pandemic has changed CFOs’ hiring and employee management practice, said employer of record platform Globalization Partners recently when releasing...

The average covenant quality (CQ) score for Asian full-package high-yield bonds improved by 3% in the first quarter (Q1) of...

The global economy is bouncing back in terms of economic confidence, orders, employment and spending, said ACCA recently when releasing...

The IPO markets in Hong Kong and China are well supported to continue to perform vibrantly in the rest of...

The global economy is estimated to grow at 6% in 2021 and 4.4% in 2022, said IMF recently. The current...

The assumption of likely government support will continue for most rated Chinese nonfinancial SOEs (A1 Stable), said Moody’s recently. "We...

Finance functions in Singapore will dramatically change in the next normal, said Workday when releasing a survey report recently. More...

A crisis response plan is the key to success in 2021, said PwC recently when releasing the results of a...

CFO confidence about the global economy has been at its highest since 2018, according to a CNBC survey. According to...

The current pandemic is prompting some financial reporting execs to rethink their technology needs despite their confidence in getting their...

Half of workers say they’ve faced discrimination at work which led to them missing out on upskilling or career advancement,...

The fall in China's shadow banking activities since the fourth quarter of 2020, reversing the growth over the first three...

While nearly 70% of Asia Pacific organisations suffered a cyberattack in 2020 — an increase of 36% from 2019, 59%...

The internal audit function faced both declining budgets and a significantly expanded workload in 2020, according to Gartner survey of...

There would be a 26% increase in bankruptcies at global level in 2021, despite the rollout of vaccines and positive...

Business leaders of world’s most influential companies do not expect a return to the normal any time this year, said...

A Gartner survey of 127 finance and corporate real estate (CRE) leaders in February 2021 showed that 59% of respondents...

Higher yields for long-dated sovereign bonds will result in near-term losses for Asia Pacific banks as they recognise valuation changes...

Hong Kong employees are keen on upskilling, spending weekly six to ten hours (9%), ten to 24 hours (4%) and...

CFOs need to co-pilot in new business models, lead in data governance and wear several hats, said ACCA recently when...

Organisations that achieved unexpected cost efficiency gains as a result of operational constraints due to the pandemic risk losing these...

As vaccines become available, organisations expect an economic rebound while continuing their digital transformation journeys such as those in the...

Employee mental wellbeing has become an issue that needs the attention of their organisations, as 29% of the workforce described...

While CEOs are optimistic about economic recovery, they might not be very concerned about climate change. One year after COVID-19...

More than 75% of venture capital (VC) and early-stage investor executive reviews will be informed using artificial intelligence (AI) and data analytics...

Consumer priorities will continue to shift towards affordability and health while these will be more important than the planet, society,...

Refinancing conditions for most firms in Asia (excluding Japan) will be supportive as economic activity recovers gradually from the pandemic...

The publication of Libor (London Interbank Offered Rate) would finish on Dec 31 for Sterling, Euro, Swiss Franc and Japanese...

Singapore-listed Wilton Resources Corporation Limited recently named Chia Wei Yang as Group Financial Controller. Aged 33, Chia will be responsible...

Finance leaders expect AI to perform many of the finance and reporting tasks in the near future, said EY recently....

China’s slew of tighter and broader regulations on fintech activities will curb systemic risk from under-regulated fintech growth but will...

Geoff Soon (pictured), Managing Director, South Asia at Snowflake shares with FutureCFO audiences how data and data analytics can help...

Finance functions are likely to invest in four emerging technologies, according to a Gartner survey of 167 finance organisations conducted...

Flexible work arrangements will be here to stay.Employers anticipate that the proportion of full-time employees working from home (37%) in...

China, Hong Kong, Thailand, and the UAE will test central bank digital currencies in cross-border payments, according to a recent...

More than half (53%) of responding business tax leaders expect greater tax enforcement in the next three years, particularly as...

Singapore firms are more confident about a longer-term business recovery than a short-term rebound, a study by Workday revealed. Two-thirds...

India's economy will recover in 2021, reducing the likelihood of a sharp deterioration in asset quality at the country's public...

A recent Gartner survey suggests that the answer to the question of whether CFOs would plan to hold Bitcoin as...

India’s GDP could grow 10% in fiscal 2022, said S&P Global Ratings recently. Consistently good agriculture performance, a flattening of...

Mastercard said recently that it has partnered with SAP Concur to deliver an expense and invoice management process to banks,...

More than 90% of finance leaders in Singapore view people as an organisation’s most important asset, said ACCA recently when...

The impact of ESG (environmental, social, and governance) issues in financial markets will accelerate in 2021 as the effect of...

Organisations find it increasingly difficult to quickly find and develop talent with the most in demand skills and at the...

Are organisations in Asia Pacific doing what it takes to guard themselves against cybersecurity challenges? According to Cisco’s 2021 Security Outcomes...

Moody’s forecasts a 3.6% trailing 12-month high-yield non-financial corporate default rate for Asia Pacific at the end of 2021, down...

EY has joined China's Financial Blockchain Shenzhen Consortium (FISCO), a non-profit organisation dedicated to the use of blockchain for financial...

Have you planned to resume business travel later this year? Numbers from the Global Business Travel Association (GBTA) indicates that...

Only 30% of F&A professionals and business leaders in Singapore are confident that the financial data used for financial analysis...

Gartner predicts that 40% of boards of directors will have a dedicated cybersecurity committee overseen by a qualified board member by...

Global confidence in Q4 of 2020 stalled and remains fragile at the start of 2021, said ACCA and IMA (Institute...

India plans to introduce a law to ban cryptocurrencies such as Bitcoin and implement a framework for creating a national...

The pandemic shock has increased the vulnerability of Asia's weaker credits though Asia’s China-led economic recovery is set to pull...

The IMF has raised its projections for global growth to 5.5% in 2021 from its previous estimate of 5.2% in...

Hong Kong-listed Lotus Horizon Holdings Limited announced recently the appointment of Yeung Kin as the CFO and company secretary. Having...

IPO investors enjoyed a prosperous 2020 as IPO activity proved resilient to the impact of the current pandemic supported by...

Microsoft was again the brand most frequently imitated for phishing attempts in Q4, 2020 as it was in the previous...

CFOs will fail to realise the full value of new technology investments unless their teams are equipped with five key...

Credit conditions in Asia Pacific will improve in 2021, supported by the gradual recovery of economic activity given the early...

Optimism has started its revival, with about 30% of companies in Hong Kong looking to increase their headcounts and more...

Employers in Asia Pacific project pay rises at an average of 5.3% this year, as countries in the region continue...

The global economic growth in 2021 is forecast at around 5% in market exchange rates — the fastest rate recorded...

Moody's Investors Service said recently that its Asian Liquidity Stress Indicator (ALSI) remains elevated as liquidity remains weak for 45...

Hong Kong employees want to keep hold of the many positives of working from home that has become prevalent after...

Reskilling has emerged as a top priority for professionals in Singapore, said Hays when recently releasing a new report. The...

Hong Kong has a higher number of working professionals who think their hard skills and soft skills are sufficient to...

Asian firms were the most optimistic in Q4 2020, said INSEAD that recently released the results of the Thomason Reuters/INSEAD...

A total of €171.3 million fines have been issued against European countries in 2020 alone between Jan 1, 2020 and...

The broad downward trend in China's shadow banking activities continued though the country supported its economic recovery from the pandemic,...

Lee Thong Tan (pictured), CFO Practice Lead, Asia at Workday shares with FutureCFO audiences why cloud is important for finance...

Malaysia-headquartered Tree Technologies Sd. Bhd., which owns the Treeletrik brand, has hired Richard Teoh as its CFO, said Nasdaq-listed Ideanomics...

The growth in year-over-year (YoY) value of M&A deals recorded since the beginning of Q3 is likely to continue into...

Year 2020 is a year that has caught organisations and the entire world unprepared. Uncertainty is predicted to reign for...

Employers will likely to allow remote work after the availability of COVID-19 vaccine, according to a recent Gartner survey of...

Hong Kong has once again topped the list of world’s top 10 most expensive locations for expatriates, said ECA International...

Uncertain times increase the risk of M&A transaction failure, warned Alvarez & Marsal recently. In uncertain times such as the...

Boards are accelerating changes to ESG priorities, promoted by global events such as the pandemic, economic uncertainties, and social and...

Asia Pacific has seen the single biggest rise in regional financial non-compliance fines from US$6.6 million in 2019 to US$5.1 billion...

Hong Kong-listed HangKan Group Limited announced the appointment of Ho Kim Fung as CFO recently. Mr. H0, aged 32, has...

Exports from Hong Kong will grow 5% year-on-year by value while the HKTDC Export Index has risen for three consecutive...

Finance leaders must navigate both big and small changes to protect employees’ mental energy as the pace of change is...

Professionals in Singapore believe that organisations are future-ready but there’s room for improvement, said Hays recently when releasing a survey...

SWIFT has activated the world’s first live gpi instant connection, a new service that enables consumers and businesses to send...

The impact of the COVID-19 pandemic led to a faster decline in M&A activity across Asia Pacific countries and globally...

Uneven pace of economic recovery for Asian ex-Japan corporates underpins its stable outlook for the sector, with multiple indicators showing...

Hong Kong professionals are unsure if their workplaces are future ready, said Hays recently when releasing its ‘Uncovering the DNA...

The overall salary increase projected in 2021 for Singapore will soften only slightly to 3.5% compared to 3.6% in 2020,...

RISE Education Cayman Ltd, a junior English language training provider in China, recently announced that Warren Wang will assume the role of...

More than half the world’s 250 largest companies surveyed — at 56% — now acknowledge climate change as a financial...

Chief audit executives (CAEs) have listed IT governance as the top risk for 2021, said Gartner recently. According to the...

The coronavirus crisis will have a long-lasting impact on China's Belt and Road Initiative (BRI), including rising credit strains across...

Asian countries expect to see an average pay raise of 4.3% in 2021, compared with the average of 3.2% increase...

Trade in Asia Pacific could increase by US$90 billion annually due to reduced export costs brought by the Regional Comprehensive...

Financially weak privately-owned enterprises (POEs) in China will face more liquidity and refinancing difficulties in the upcoming months as investors...

The pandemic has driven CFOs to accelerate digital investment timelines from the pace of a multi-year marathon to a 12-month...

Coronavirus-related stimulus and sizeable infrastructure spending will drive a significant rise in overall public sector debt to 45% of GDP...

China is increasingly focused on the quality of economic growth, over the pace of economic growth, said Moody's Investors Service...

Global credit conditions will likely improve overall in 2021, aided by unprecedented fiscal and monetary policy support in the wake...

Disruption to the delivery of healthcare and lasting changes to work patterns resulting from the coronavirus pandemic will have a...

The CFO will emerge as one of the C-suite’s most critical roles in reframing the future of the enterprise post...

Hong Kong-listed AAC Technologies Holdings Inc. has appointed Ms. Guo Dan — its current Senior Vice President, Group Finance —...

There is a six-step process that management accountants can adopt to improve organisations’ revenue management strategies, said the Institute of...

While many digital transformation project fail, there’s still hope if an organisation can ensure that six critical success factors are...

China is the most complex jurisdiction for financial compliance in Asia Pacific while Hong Kong is the easiest, said TMF...

Digital experience maturity in ASEAN remains low despite the rapid migration to digital technologies driven by the pandemic, said Ecosystm,...

Hong Kong-listed China Mobile said recently that it has appointed Li Ronghua as CFO and Executive Director. Li aged 54,...

Only 10% of organisations achieve significant financial benefits with AI despite increased investment and activity, said Boston Consulting Group recently...

The Chartered Institute of Management Accountants (CIMA) has launched a new online ethics decision-making tool designed to help accounting and...

Global venture capital investment actually rose for the second straight quarter, reaching US$73.2 billion in Q3'20, said KPMG recently when...

Q3 2020 bucked the traditionally slow IPO period as the markets were awash with liquidity resulting in the most active...

Chinese onshore and offshore corporate bond defaults will continue to rise over the next 12 months due to the country's...

Tata Communications announced recently the appointment of Kabir Ahmed Shakir as its CFO.  The former CFO at Microsoft India, Shakir...

A global survey of 829 accountants and finance professionals reveals their deep concerns about social and environmental impact, with 90%...

As working from home has become more prevalent during the pandemic, some organisations are reviewing their office design to align...

The amount of change that the average employee can absorb without becoming fatigued in 2020 has been cut in half...

Blockchain technology has the potential to boost global GDP by US$1.76 trillion over the next decade, PwC said recently. Through...

Employer-sponsored healthcare benefit costs are expected to increase by 8.5% in Asia Pacific in 2021 following a year in which...

The global M&A market recorded its first positive performance in three years for completed deals, despite the impact of the...

Have you ever wonder what other CFOs have done and plan to do during the pandemic to alleviate some of...

While many companies ramped up borrowing to ensure they had adequate liquidity runways through the initial economic crisis, they now...

Global confidence improved significantly during Q3 of 2020 despite fears of a prolonged recession resulting from the current pandemic, said...

Asia-Pacific banks' creditworthiness should remain largely intact through the current economic downturn, despite substantial risks, said Moody’s Investors Service. "We...

The CFO role is continuing to evolve with additional responsibilities and that the global pandemic has brought these changes on...

SWIFT announced recently its plans for a new service to help banks improve the experience for SMEs and consumers who...

Hong Kong-listed Kasen International Holdings Limited announced recently that Mr. Peng Weijun has tendered his resignation as the CFO with...

Companies spent an additional US$15 billion a week during the pandemic’s first wave when it comes to tech investments, said...

Cutting costs across the board might be tempting during the pandemic, but leading companies can position for a rebound by...

Asian business confidence rebounded in the third quarter as easing coronavirus restrictions lifted sales but lingering uncertainty over the pandemic...

Deloitte has emerged as the world's largest auditing firm in FY2020, though KPMG hasn’t announced revenues, which is usually the...

While technology companies such as Twitter, Google, and Facebook have extended work-from-home order, Apple’s CEO Tim Cook is also impressed...

Nearly half of all new RPA clients will come from business buyers outside the IT organisation by 2024, said Gartner...

Finance and accounting executives are slow to leave behind traditional reporting of results, said ACCA recently. According to a survey...

SWIFT will expand beyond financial messaging to provide comprehensive transaction management services, the cooperative said Thursday.  This new approach will...

Lorna Smith OBE, Vice Chairman of Bank of Asia talks about how CFOs could benefit from digital offshore banking. FutureCFO:...

The HKTDC export index for the third quarter of 2020 rises 6.9 points from the previous quarter to a reading...

Financial holding companies in China are required to have at least 5 billion yuan (US$731.74 million) in capital, according to...

Activities by cyber attackers and gangs across the world are estimated to result in more than US$1.5 trillion dollars in...

Indonesia's (Baa2 stable) key growth drivers are under significant strain this year, said Moody's Investors Service recently. While growth should rebound...

Hong Kong-listed Able Engineering Holdings Ltd. recently announced that Mr. Mui Siu Hong has been appointed as the financial controller,...

Working from home has been challenging for almost six in ten Singaporeans (58%), who felt that their company’s technical infrastructure...

Bring Your Own PC Security would become one of the pandemic-induced trends that leave a transformational impact within the next...

While high-income countries still dominate the top 10 of INSEAD’s Global Innovation Index (GII) 2020, there’s a gradual eastward shift...

Atradius forecasts a jump in insolvencies across Asia in 2020, with Hong Kong expected to be one of the most...

Expatriate pay packages in Singapore have dropped by US$3,804, with the average cost of employing a mid-level expatriate in the...

China’s August PMI (Purchasing Manager’s Index) dropped slightly to 51.0 from July’s 51.1, according to the National Bureau of Statistics. ...

Data and digital transformations have increased exponentially in the workplace over the pandemic, with the role of and reliance on...

The six-capital framework would help the finance function to become a business partner that makes a contribution to the evaluation...

Employee skill development might not be effective among organisations, as staffers apply only 54% of the new skills they learn...

COVID-19 has forced a change in the way FP&A teams operate to add more value to corporate decision-making. 

The sharp slowdown in India's economic growth, exacerbated by the coronavirus outbreak, will hurt public sector banks' (PSBs) asset quality...

There are five emerging technology trends that will drive innovations in the next decade, said Gartner which recently released its...

Global 2000 companies moved to slash funding for emerging technologies — such as automation, artificial intelligence (AI), blockchain, and 5G...

Asia Pacific regulators in China, Hong Kong, Singapore, Malaysia, Taiwan, India and Pakistan have altogether issued almost US$4 billion of...

While the structural changes to Singapore’s economy as a result of the pandemic is likely to weigh on the labour...

The extension of a deadline for Chinese financial institutions to comply with new asset-management rules will probably ease pressures facing...

Moody's Investors Service said that its Asian Liquidity Stress Indicator (ALSI) decreased to 38.1% in July from 39.7% in June,...

There’s a spike in demand for mental health support among employees in Singapore as a result of changes wrought by...

The role of CFO at a Fortune 20 company might be a dream job for many finance professionals, but General...

Employee productivity can be maintained surprisingly well in a virtual or hybrid work setting, said Boston Consulting Group (BCG) which...

While converting empty “ghost offices” into 24/7, healthy, co-working spaces will present organisations with added costs, it might be an important first step...

Moody's baseline scenario predicts a trailing 12-month APAC high-yield non-financial corporate default rate of 6.0% in 2020, up from 1.1%...

China's outbound investment continued to decline amid the coronavirus pandemic, said EY recently. The country’s overall outbound direct investment (ODI)...

The infographic provides an on-the-ground state of automation deployment among businesses in Hong Kong, looking from the perspective of the...

Global venture capital investment showed continued resilience in Q2 of the year, reaching US$62.9 billion across 4,502 deals, said KPMG...

The biggest challenge for RPA success lies in identifying the right processes. Not all processes are ready for RPA. Those...

China's moderate policy support and the lack of a growth target for 2020 suggest that recovery from the coronavirus recession...

Only a third of firms drive returns greater than the cost of capital, said Gartner recently when releasing the results...

The current pandemic will trigger a major acceleration in business insolvencies due to both the suddenness and historic size of...

While various issues arise from work-from-home during the pandemic such as how to maintain network security and a corporate culture,...

Companies in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) expect an evident easing of contractionary pressure in Q3 after a...

While the use of VPN is important when employees work from home during the pandemic to ensure privacy and employers’...

DBS Bank has partnered with business cloud software company Infor to integrate digital trade financing capabilities into the Infor Nexus...

Corporate profits were showing signs of peaking even before the pandemic, said Bain & Company recently. The firm teamed with...

Business leaders must reset their strategy and build resilience as the phases of the pandemic progress, but how could these...

The effects of the coronavirus pandemic will continue to surface over the next decade and will cause profound impacts on...

The coronavirus-triggered global recession will continue to pressure Asia Pacific non-financial companies, with negative credit trends to persist through the...

One in two companies believe the cost of a third-party risk incident — such as a supply chain failure, data...

China said its GDP was up 3.2% in Q2, compared with a year ago. Economists polled by Reuters expected a lower...

A Gartner survey on June 5 of 127 company leaders, representing finance, legal and compliance, real estate, and HR revealed...

People at all levels believe that the transformation to digital technologies and methods has helped their organisations weather the effects...

A multi-industry panel of senior finance executives from across Asia Pacific weigh the impact of COVID-19 on corporate bottom-line

Six of the 10 most expensive cities in the world are in Asia, said Mercer recently when unveiling the results...

Moody's Investors Service said recently that its Asian Liquidity Stress Indicator (ALSI) decreased to 39.7% in June from 40.7% in...

Global growth is projected at –4.9% in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast,...

While the pandemic has changed the way people work, there are 10 trends that are currently impacting recruitment in Hong...

Listings in greater China grew by 29% and the amount of money raised soared 72% from last year in the...

Atradius recently forecast a robust 6.5% global recovery in 2021.  The strength of a recovery depends on the development and...

The number of defaults registered in the first five months of 2020 has already exceeded the 2019 full-year number, said...

Millennials and Gen Zers want to stay with their employers for a longer time, said Deloitte which recently released results...

For an average US$ 5 billion revenue company it amounts to US$ 99 million annually in opportunity cost from delayed...

Companies need to look beyond the financial imperative as economies around the world look to kickstart as a result of...

Policy measures taken by the ASEAN-5 economies – Malaysia (A3 stable), the Philippines (Baa2 stable), Indonesia (Baa2 stable), Vietnam (Ba3...

The tough time facing many organisations would not go away quickly as the pandemic’s domino effect will continue to impact...

CFOs are most concerned about the effects of a global economic downturn (60%) and the possibility of a new wave...

Gartner said recently that it has identified the top 10 data and analytics (D&A) technology trends for 2020 that can...

China has already been in recession as the country’s economy shrank in Q2 from a year earlier, said China Beige...

Hmlet, a property and lifestyle platform operating in Singapore, Hong Kong, Sydney, and Tokyo said recently that it has promoted...

Business sentiment of Asian companies sank to an 11-year low in the second quarter, said INSEAD which recently unveiled results...

While CFOs’ continued effort in cost cutting doesn’t come as a surprise, real estate is one of the most targeted...

While finding ways to recover from the coronavirus pandemic remains a global focus, climate risk is simmering in the background...

Morgan Stanley economists said recently that the global economy will return to the pre-pandemic levels by Q4, though the world...

While only 15 companies — about 6% —of the 256 non-financial companies Moody’s rates in China have high exposure to...

As the pandemic continues to develop and the road to recovery is expected to be a long one, business leaders...

Asia has seen more payment delays while the problem is expected to stay next year, said Atradius recently. According to...

A significant easing of foreign capital outflows from ASEAN financial markets in May has reduced external liquidity pressures for the...

The number of companies most at risk of losing their investment-grade ratings – the potential fallen angels – in Asia...

Singapore refuted the report of large flows of fund from Hong Kong on Sunday after various media reports suggested that...

Divestment intentions seem unfazed by the COVID-19 pandemic and remain at high levels in Asia-Pacific, said EY that released the...

While employees around the world report anxiety, distraction and financial worries, they also find their employers supportive, said Willis Towers...