Welcome to the fourth edition of Treasury Today Asia
In this issue, we explore the global approach to supply chain finance (SCF). Different markets approach the issues surrounding settlement differently, with India and China noted as leading regions with the greatest SCF market potential. The rapid growth that many Asian companies are experiencing is driving a need to establish the financial infrastructure to support it.
Our Country Focus is Indonesia. Indonesia’s rapid growth is fuelled by its manufacturing and exports industries. This year has, and will continue to, see changes in the country’s regulatory environment to ensure that the growth it represents filters down to its population. With a growing, yet complex, consumer market we look at the opportunities and difficulties this market represents.
Adam Smith Awards
The 2013 Adam Smith Awards gala event, sponsored by Bank of America Merrill Lynch, was held in London in late June. Now in its sixth year, we were delighted to welcome more than 200 guests, including all our winners and highly commended recipients, to what is the largest corporate treasury awards programme in the world. This year saw the introduction of our Asia Pacific Regional Award for Best Practice. We were honoured to welcome to the event the Winner – Ping Chen of Pfizer and both Deepak Kini of PepsiCo India Holdings and Linda Zhang of Honeywell who were both awarded Highly Commended. We are showcasing all three case studies in this issue.
Corporate Treasury Benchmarking
1st July saw the launch of our annual Asia Pacific Benchmarking Study for 2013. We would encourage all of our corporate readers based in, or with responsibilities for, the Asia Pacific region to take part. Only those corporates participating in the study will receive a confidential report summarising the headline findings.
Women in Treasury
In this edition of Treasury Today Asia our Women in Treasury series profiles Lelaina Lim, Chief Financing Officer from Royal Sporting House. We continue to push forward our Women in Treasury initiative which speaks of the need for women to become more visible in their professional roles both within and outside of their organisations. If you are a woman working in the corporate treasury space please make sure your views are included in our Women in Treasury Study which will chart the treasury profession’s path to diversity. The results of this study will be available in October and we look forward to sharing them with you all then. To learn more and to participate in the study go to treasurytoday.com/women-in-treasury