In a country where many exporters still rely on outdated legacy systems, India's largest carmaker Maruti Suzuki is moving its treasury operations into the 21st century
Cooling measures may have stemmed the tied of overseas direct investment, but the central government is keen to ramp up foreign direct investment into Chinese businesses.
The need of Chinese corporate to find billions in foreign exchange to pay overseas shareholders is likely to depress the renminbi. But will it last for long?
From a small Hong Kong office, a state-owned giant manages billions that bankroll global energy projects. Now, it's looking at taking its cash-pooling solutions global.
Money stranded in local accounts in foreign currencies is a perennial problem for treasurers. TPV Technology's treasurer tells CT how he worked with JP Morgan to tackle it.
Sources confirm access to onshore CNY rates will be available offshore to companies within two weeks, reducing the need for them to open onshore accounts.
As the virtual currency's value explodes, one expert sees a day where it becomes a vital part of the treasury arsenal ... or even replaces the corporate treasurer entirely.
The central bank is now making it easier for renminbi to be remitted, but conditions still apply. Treasurers in China are, however, holding fire until more information is available, CT understands.
The RBI amends rules to allow IBUs to offer various financial products. The changes mean companies won’t have to go abroad to access buyer credits, an expert says.