Tag: cash flow

Finance professionals in Hong Kong have acknowledged the increasing importance of spend management in their operations in a recent survey.

GTreasury will help the Dublin-headquartered firm, which analyses over $100bn of cash flow everyday, expand into Southeast Asia, Australia and New Zealand.

The HKMA is setting up a SME task force as companies look overseas and want to improve their financial management tools as a strong HKD persists.

CT spoke with EEKA Fashion’s founder on the Chinese apparel group’s financial operations and targets this year, amid weaker domestic consumption.

An Amex survey suggests 47% of local businesses have sufficient cash flow for at least six months, with many keen to invest in talent, training and digital transformation, including for payments, as the SAR welcomed 5.8 million visitors in first six weeks of the year.

For companies grappling with challenges around healthy liquidity and cash flow, a corporate treasury centre is an integral part of the solution says Andy Yu, deputy general manager of transaction banking department at Bank of China (Hong Kong) Limited.

UOB’s latest business sentiment report reveals that half of small and medium-sized enterprises (SMEs) in ASEAN are confident about business growth, while cash management remains a top concern.

The payments firm will be waiving fees for new accounts and transfers, to give SMEs respite as Hong Kong eases tough Covid-19 restrictions.

Payment predictability and working capital needs are among the reasons given for increased demand for early payment.

The DBS QR code-based B2B payments system is expected to save one Singapore operator as much as 3,300 man hours a month

Treasurers seeking to obtain higher returns through safe yet liquid assets could consider US and European structured credit as alternative to traditional investments.

Libor, how much exposure do you really have? A corporate lawyer speaks to CT and provides a roadmap for treasurers preparing for the phase-out of the benchmark in 2022