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Hunting down late payments is a headache for any corporate, but some internal control policies may help ease the pain.
CT speaks to top treasurers in Asia to understand their views and strategies in response to the PBoC’s handling of the renmimbi.
Philippines is a leading destination for regional shared services centres, but upgrading its status isn’t easy.
Keen to appease treasurers, the Bank of Thailand plans to relax foreign exchange regulations to make the country more attractive for setting up corporate treasury centres.