The Indian FMCG is working with the State Bank of India to provide non-recourse working capital financing for key distributors in India. CT explains how.
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.
CT has established an interactive treasury webcast service. With access to exclusive, upcoming interactive events, treasurers can watch and listen in live or download the archive of webcasts at a convenient time.
Brazilian importer Gala Embalagens recently made its first import payment in renminbi.The toy manufacturer has said all future payments made to China will be in the Asian currency.
It’s hard to believe it took almost 500 hours and three months for Microsoft’s treasury team to come up with a unified definition of cash, but there you go.