Bank of America launches cash forecasting tool
Jan 17, 2022
CTWeek: Maximising liquidity in Asean
At a CT conference in Singapore last week, senior treasurers discussed Southeast Asia’s regional effort to support corporate liquidity optimisation, and the pain points involved in cash pooling in the absence of interbank interoperability.
As a hub for regional treasury operations, effective cash management is paramount for corporate treasury teams operating across the Association of Southeast Asian Nations (Asean) trade bloc. While synergies across Asean's members exist, recent volatility from the ongoing pandemic recovery, geopolitical tensions and interest rate hikes, has positioned liquidity optimisation as the key strategic component for corporates active in the region.
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