The chemical giant is moving payments out of China to Thailand while switching hedging activities back to its Brussels head office. Its treasury team explains how it's going to work.
Instead of parking liquidity at a commercial bank in Thailand, Mitsubishi Electric wants to achieve better deposit yields and cash investment returns by pooling, CT has learnt.
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.
Keen to appease treasurers, the Bank of Thailand plans to relax foreign exchange regulations to make the country more attractive for setting up corporate treasury centres.