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China corporate insolvencies, risk of non-payment, and delays in payment terms (and DSO) are hitting alarming levels.
Tony Lam, Asia treasurer for the US paint manufacturer, details why it persists with using bank acceptance drafts in China.
The US pharma company negotiated extended payment terms to suppliers in Singapore and China with the aid of JP Morgan
The flagship Malaysian conglomerate will detail its award-winning payments strategy with more coming at CTWeek in Singapore.
Accountancy firm LehmanBrown briefed the market, and CT, in August, outlining the key points of China’s Circular 642 covering receipts and payments linked to cross-border capital.
CT outlines how Dutch paint manufacturer AkzoNobel’s pan-Asian payment factory strategy is adapted to fit China.