Why Canadian companies should be looking for U.S. trade opportunities now
As both renminbi and foreign exchange deregulation progress in China, new opportunities for treasury management emerge, with both the State Administration of Foreign Exchange (SAFE) and the People’s Bank of China (PBOC) recently announcing important changes. Yet taking advantage of these opportunities is not always quite as straightforward as it seems, due to the different ways in which the two regulators concerned operate. Nicole Lin, Head of Product Management of Global Payments and Cash Management, HSBC China, outlines some of these differences and their practical implications for corporate treasurers.
Diversification Leads to Global Success for H2O Innovation
Building-management companies and manufacturers are increasingly optimising their energy consumption, within their own company and of the buildings they manage. This entails internal temperature and lighting controls, architectural modifications and energy-saving machinery. In order to address questions about future energy supply, companies are rapidly developing optimisation technologies, which have the benefit of providing immediate and significant financial rewards. The Economist Intelligence Unit spoke to Didier Teirlinck, executive vice-president for the climate segment at Ingersoll Rand, an Irish manufacturing group, to get a comprehensive view of trends in energy optimisation for large-scale consumers.
Nova Scotia-based SimplyCast enlists sellers in 175 countries to handle its marketing software
Manufacturing south of the border – and closer to its customers – works for commercial interiors company DIRTT
Despite the publicity surrounding the internationalisation of the renminbi (RMB), a significant number of corporations continue to postpone the development of their cash management strategy for Greater China. Typically, this is because treasurers and finance directors believe there are still many technological and infrastructure hurdles to make the process worthwhile. But as Lewis Sun, Head of Sales China, Global Payments and Cash Management at HSBC explains, this assumption is no longer correct and implementing such a strategy now can reap substantive dividends in terms of both local and global working capital efficiency.
Research reveals that these patent litigation battles have little effect on the market regardless of international jurisdictions.