Bangkok--Feb 20--HSBC
The rising costs of working capital management for multinational and local companies means businesses are looking for new ways to improve operating efficiency and cost controlling, according to HSBC’s latest cash and treasury management guide book.
Using HSBC’s market leading cash management services, corporations in Thailand and across the world are increasing shareholder value by:
- Minimizing working capital investment through efficient liquidity management
- Increasing efficiency by reducing processing costs
- Enhancing buyer/supplier risks & management controls
HSBC has industry leading integrated cash management solutions that are customer centric, pan-regional, yet localized to Thailand market and are delivered via secure, real time one channel access.
HSBC is able to provide the highest levels of consultative support to meet and exceed your current and future cash management needs.
HSBC’s Guide to Cash and Treasury Management in Asia Pacific 2006 was launched in Bangkok today. It is the ninth edition of the industry guide, the biggest to date, and features articles from 79 industry experts, covering 17 countries and territories in the Asia-Pacific region.
Lawrence Webb, Head of Payments and Cash Management, Asia Pacific, said: “This book is the definitive guide for cash management around the region. Cash management is about managing risks, and this guide helps businesses manage their operating efficiencies and boost their competitiveness.” For Thailand and Asia Pacific as a whole, economic expansion, regulatory changes, and the demand for standardised systems and practices among trading partners have highlighted the need for cash management for businesses of all sizes.
Contributors include economists, regulators, corporate treasurers and experts in tax, foreign exchange, securities, law and information technology, from HSBC and other leading financial institutions, consulting firms and governments across the Asia Pacific region.
The articles include case studies, country and territory analyses, & regulatory updates.
For more information please contact:
Varanandha Sutthapreeda or Savittree Muadmuang on 0-2614-4609, 0-2614-4606. End.