Taiwan

But it's the slowest rate compared to April.

Tighter margins loom in the horizon.

Asian Development Bank (ADB) announced recently that it has partnered with Standard Chartered Bank (SCB) on supply chain finance program (SCFP) in the amount of USD 800m to support Asian SMEs facing payment pressure from the big domestic buyers. It is a good news but the structure is not innovative at all.

This is for China Airlines.

They signed up for order routing.

That's in domestic and offshore banking units.

When I was requested for comment about the government deficit of Taiwan recently, I told my friends that instead of government deficit, they should focus on the debt ceiling which limits the borrowing capacity of the government. It is because that deficit needs to be balanced by borrowing eventually.

It’s expanding beyond Taiwan.

It has 22 branches, outlets in Taipei, New Taipei City.

Is a faster and more efficient way of processing RMB.

How will banks benefit from it?

CTBC continues expansion into Japan.

The issue of currency depreciation has been discussing in Taiwan for a long time.This is because Korea has successfully depreciated Won assisting export to overtake Taiwan a few years ago.Why can't Taiwan Dollar (TWD) be depreciated in line with Korean Won?

Recognizes globalization of the renminbi.

The percentage is ahead of Asia Pacific’s other offshore RMB hubs.

Will not lose banking business to the FTZ.