China’s central bank is contemplating ways to make life easier for digital traders to make cross-border payments and reduce the risk of fraud, CT understands
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.
Corporate treasurers are becoming more open to working and investing into technology startups that can solve specific business issues. Flexible partnerships are now the order of the day, it seems.
With virtual accounts, the Indian FMCG has automated a key aspect of its payments process to distributors. Time saved is equivalent to three hours a day.
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.
With the Royal Bank of Scotland out of the market for treasurers in Asia-Pacific, East & Partners Asia and CT reveal Asia’s best service providers for both cash management and trade finance in 2014.
How many times has cash management been given a formal mention by a world leader, especially one vying for the presidency? At least once - in Indonesia.