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Corporate treasurers are becoming more open to working and investing into technology startups that can solve specific business issues. Flexible partnerships are now the order of the day, it seems.
With a simple tweak to its deposit management, the Indian FMCG has potentially added almost $40,000 to the bottom line.
After the successful launch of its RTC, the CFO of the frozen food company believes the creation of a shared services centre is the next logical step.
With virtual accounts, the Indian FMCG has automated a key aspect of its payments process to distributors. Time saved is equivalent to three hours a day.
Most airlines hedge fuel expenses. This time, Cathay Pacific failed to predict oil would stay cheap. It is not alone in making this call ... and it wasn't necessarily wrong.
The conglomerate’s Asia-Pacific business is working with UOB to kill payment times for key SME suppliers in Singapore while maintaining its own working capital cycle.
The Malaysian plantations-to-industrials giant wants to list two “pure-play” businesses in order to tap capital markets and funding more effectively.
Malaysia’s largest bank by assets has re-organised its transaction banking structure, bringing in its deputy head of global markets to run the business.
The US bank appoints a new head of transaction banking for Asia who brings more than 20 years’ experience to the role.
Sok Mei Wong left the consumer goods company's Singapore operation in January after four years' service.