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.
In an effort to reduce reliance on US dollars, Southeast Asian neighbours launch new framework to facilitate corporate access to all three currencies in their local market
The incentive is part of a package in support of a massive infrastructure push that is expected to chime with China’s Belt and Road Initiative as Bangkok drums up support for high-value investments
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.