Regulation across Asia, and beyond, is having a profound macro-level effect on corporate treasury activities. In parallel, the ongoing drive for efficiency is triggering some significant changes in the location and deployment of treasury and shared service centres. Mark Troutman, Regional Head of Sales of Global Payments and Cash Management for Asia-Pacific, and Yvonne Yiu, Acting Head of Global Payments and Cash Management for Asia-Pacific, at HSBC, discuss some of the most significant trends in the Asia-Pacific region from the perspective of corporate treasurers who are responding to them.
The recent development of transaction transparency in the payment business has been the increased focus of local regulators and market participants in Asia. As Sathya Ram, Regional Head of Clearing and Foreign Currency Payment Products of Global Payments and Cash Management for Asia-Pacific at HSBC, explains, this has important implications for corporate treasuries, as well more general connotations for economic development across the region.
There has been considerable discussion about the implications for corporates regarding the implementation of measures relating to Basel III. Some have forecast diminished capacity for bank lending and increasing costs thereof. At the same time, as Thomas Schickler, Global Head of Liquidity and Investments at HSBC, explains, the real impact and even opportunity for a corporate treasury perspective depends upon both the individual bank and the extent of the treasury's engagement.
As China’s economy is maturing, the nation’s industrial base is moving further up the value chain. What are the drivers of this shift and where do opportunities lie for ASEAN-based businesses?
Simon Constantinides, HSBC’s Regional Head of Global Trade and Receivables Finance for Asia Pacific, explains why ASEAN-based companies, as well as those further afield, are well-positioned to capitalise on the opportunities made possible by regional trade flows and the unique resources of each member state.
While ongoing relaxations of renminbi controls are being welcomed by international companies doing business with China, many are missing out on the full benefits of liberalisation according to the 2013 HSBC Global RMB survey.
A global supply chain founded on trust is helping children’s product supplier Worlds Apart to open up new markets.
Asia’s great migration is changing the face of the continent’s cities on an unprecedented scale.
G S Sareen, Founder, President and CEO of Omni United, discusses the advantages of a business being credit insurance based, why it's important to excite people around you and how he thinks brand will be very important going forward.
Roger McNicholas, PwC LLP and Simon Constantinides, Regional Head of Trade and Receivables Finance, Asia Pacific, share supply chain insights and best practice from leading global businesses.
Andrew Pickup, Microsoft Asia-Pacific, discusses the key trends driving innovation and growth in the technology sector and the challenges and benefits of operating in Singapore