• Water splashing out of glass when strawberry dropped

    Catching up with credit ratings

    Let’s be honest. Few treasurers have the time to become experts in the minutiae of the rating agencies’ methodologies. But treasurers do require at least general understanding of the basic principles involved. Now with the ‘Big Three’ ratings agencies promising more transparency around how they reach their decisions, those fundamental principles are evolving. In this feature, we bring treasurers up-to-speed with the latest developments.

  • Little bumble bee landing on flower

    Investing excess cash in Asia

    Bank deposits remain the most popular solution for corporates in most countries in Asia with excess cash. However, now the increasing popularity of MMFs in the region is making companies think twice about their short-term investment strategy. What is the impact of regulation on the instruments available and what does the future hold?

  • String instruments on a piano

    Tax and treasury: working together

    While the implications of tax on the work of corporate treasurers can be enormous, within the traditional corporate set-up, tax planning was the exclusive domain of the tax department – not the treasury. But recent years have seen the strategic importance of the treasury function grow and, for some treasurers, that has meant taking a bigger role in tax management. With that in mind, we take a closer look at the key ways in which tax is shaping modern treasury practices.

  • Guardian at the Grand Palace in Thailand

    Regulating derivatives in Asia

    Dodd-Frank and EMIR have irrevocably changed derivatives markets in the US and Europe. What progress has Asia made towards the G20 commitments to shed more light on the market for hedging products? This feature evaluates the current state of play in the regulation of OTC derivatives in the Asia Pacific region and considers what implications these changes have for corporate treasurers who rely on the products to manage financial risks.

  • Kayaker going down a waterfall

    Faster payments: potential versus reality

    With the UK having set the precedent, a number of initiatives are under way across the globe to implement faster, or immediate, payments systems. In this article we focus on developments in the Asia Pacific region and how these may influence faster payments in other geographies. We also question whether the true benefits of these schemes will ever be realised, given the limitations of local payments infrastructures.

  • Sunflower growing through dry cracked ground

    Managing liquidity in a low-yield world

    How are treasurers adapting in the era of low interest rates? In this article we speak to banks and asset managers to find out how the low-rate environment is changing treasury practices. We also source their tips for securing better returns on short-term investments.

  • Vintage spinning swing ride

    The app advantage

    Apps have become near ubiquitous in the consumer space. Almost whatever internet service one requires, from the functional – such as making a payment or finding an address — to the trivial – such as killing time with a quick game of Angry Birds – there is an app for it. Yet corporates are still lagging behind in the adoption stakes. Will the new range of next generation apps coming on to the market change their minds?

  • Beautiful sunset at the end of a road

    Who needs faster payments?

    A number of initiatives are under way across the Asia Pacific region to implement faster, or immediate, payment systems. Is local infrastructure really up-to-scratch though? Will the true benefits of these schemes be realised?

  • Hippo peeping out of water

    Africa: the final frontier

    Although greater intra-African trade may not be a silver bullet for the challenges the continent faces, it does have enormous potential to boost growth and create more sustainable employment. In this article, we examine why trade flows between African nations are currently low, and ask what is being done to reverse the situation.

  • Thorny devil lizard

    Mitigating FX volatility

    In the last four years global corporations have lived through some of the most volatile times in the $5.3 trillion a day foreign exchange market. The volatility started with the global financial crisis, swiftly followed by the sovereign debt crisis in the Eurozone and, in more recent months, volatility in safe-haven currencies such as the Japanese yen and the Swiss franc. Talk of turning off the liquidity taps by the US Federal Reserve Bank also highlighted some structural weaknesses in emerging market economies such as India, which saw the rupee record some of its biggest falls against the US dollar in more than two decades.