Since the 2008 financial crisis, the hotel business has picked itself up from an unpleasant slump. But the industry is coming under pressure from multiple sources.
Suppliers to the world’s largest companies are starved of crucial credit lines while banks watch on the sidelines. Financial innovation is making a difference, but corporate treasurers must play a role too.
Due to regulatory requirements, banks are keen to promote repos to cash-rich corporates. They certainly offer a different risk return profile, but it is questionable how appetising the product is.
Companies setting up treasury centres in Hong Kong could be given greater scope to benefit from half-rate tax concessions, CT has learnt. However, it seems, the regulators are keen for companies to set up legal ...