One of Malaysia’s largest palm oil producers turned to UOB to streamline its processes. The answer they created won the best working capital solution at the recent CT Awards.
CFO tells CT how he used a cross-currency swap to cut the effective interest rate on long-term bonds from 4.7% to 2.2%. He also discusses reducing the number of bank relationships
The bank has moved $900 million across borders at lightning speed since tapping Ripple's blockchain solution. Its transaction services chief tells CT how, and details the limits of the system.
New renminbi rules will reduce the cost and risk of hedging, to the benefit of treasurers. China’s regulator is making the changes to slow the currency’s appreciation.
With as many as 700 companies – including multinationals – paying no Australian tax at the end of 2017, the government announces tighter laws around foreign trusts.
