Large Chinese corporates such as Tencent and Alibaba told CT they would consider investing in certificates of deposit, a cash instrument that China’s central bank made available to corporates last week.
Thailand’s petroleum giant tells CT how it centralised cash and liquidity management to cut down its minimal working capital requirement and support more investments.
With volatile currency swings and unpredictable stabilisation measures, treasurers in Asia-Pacific are increasingly turning to intercompany loans and hedging.