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Companies in financial distress could find their debt restructured and even see their business palmed off to private equity firms if they continue to fail to meet bank obligations, according to Korea’s financial ...
The central bank is now making it easier for renminbi to be remitted, but conditions still apply. Treasurers in China are, however, holding fire until more information is available, CT understands.
The Reserve Bank of India has released futher guidelines around hedging, this time simplifying hedges under US$30 million in a move to improve access for SMEs.
The RBI amends rules to allow IBUs to offer various financial products. The changes mean companies won’t have to go abroad to access buyer credits, an expert says.
Vietnam is implementing a plan to improve and increase non-cash payments by 2020, which will make clearing and settlements, electronic payments, FX inter-bank markets more efficient, treasurers argue.
Before its stock rout, China Huishan Dairy Holdings was already running on a muddy path, haunted by its weak financial balance.
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.
China’s central bank encourages manufacturers to set up centralised treasury units to improve their capital efficiency.
Malaysia’s PM promises to deliver some ‘liberalisation’ in the domestic FX market in the future, months after the country banned the offshore NDF market. But the lack of detail is disappointing.