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Businesses investing overseas may not be fully appreciative of the risks related to cross-border investment - including political, regulatory, market, foreign exchange, and legal compliance risks - but financial institutions as service providers for businesses must be fully prepared to mitigate such risks as they go global themselves.
Building collapses in India happen more often in the monsoon season during the June-September period with torrential rains. Last month, over a dozen people died after a building collapsed in the industrial town of Mahad, 165 km south of Mumbai.

Business owners in Washington DC said they have seen a decline in business due to fewer tourists since a number of the capital's must-sees, including the Smithsonian Institution's museums and the Smithsonian's National Zoo, closed earlier this week.
British bank Standard Chartered, which entered Shanghai 160 years ago, is supporting companies' import businesses with services covering short-term trade financing, cross-border finance matchmaking, overseas exchange risk management, and regional risk management.
Bounnhang applauded the fruitful results of the Belt and Road Forum for International Cooperation, saying it will significantly promote Asian connectivity and economic growth and bring more development opportunities to his country.
来源:资阳报