ATI Magazine December 2015 - January 2016

ATI Magazine December 2015-January 2016 issue

A long, hard road ahead for the AEC - China’s rising labour costs and its ambitions to move up the value chain have created a vacuum which the new ASEAN Economic Community can fill. But some warn that it could take another 10 to 15 years before the AEC, which officially comes into being on December 31, realises its full potential.

The yuan and the SDR – The RMB will become a part of the international basket of reserve currencies from October 1 next year, but it is already heading to become ‘solidly number four’ as the most commonly used currency in global interbank settlements.

China’s learning curve – China is continuing to open up its financial sector, says economist Chi Lo.  

Banking’s new Gang of Four – Future banking will be ruled by retailers, telecommunications and tech companies along with the banks, says Rajashekara  Maiya, Head of Product Strategy of Infosys Finnacle.

Marketing malware – Today’s cyber tools are more sinister. Richard Boscovich of Microsoft’s Digital Crimes Unit, explains how the industry is fighting back.

Also in this issue –

A new era for Burma? - The options ahead for Suu Kyi; Australia, Indonesia to strengthen trade ties? ; SWIFT targets ASEAN payments integration by 2017; Korea setting a benchmark in e-commerce.