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Due to a lack of pre-payment control, demand for using credit cards for procurement purposes is still very low. However, recent developments in Australia could change all that.
Proposed regulations under review in Beijing could widen the scope of commercial bribery laws and increase the penalties.
From today Chinese financial institutions no longer have to set aside 20 per cent of the value of dollar purchases. For treasurers, that means lower costs and an opportunity to hedge.
From crude solutions such as extending payment terms to complex arrangements such as supply chain finance, treasurers must keep all plates spinning in working capital management.
Hanoi wants to wind up practice of foreign direct investors using debt to disguise their taxable income.
International payment network Swift has a long record but blockchain-based upstarts such as Ripple are nipping at its heels. Here, insiders from Swift and Ripple go head to head.
Thailand’s state-owned oil and gas company saved millions on withholding tax on debt after setting up a regional treasury centre in… well... Thailand.
With the launch of Payments Council, the Lion City has vowed to catch up in the mobile payment race through QR codes.
The growth of e-payments in China could cause major headaches for its central bank's monetary policy, including making depositors more sensitive to rates.
Beijing has released broad measures aimed at improving the environment for foreign corporates, ranging from dividend repatriation, taxation and visa issues