Chinese tech giant Lenovo Group has agreed a $2bn bond issuance with Alat, a Saudi Arabian Public Investment Fund, and to build a new PC and server manufacturing facility in Riyadh.
In the latest episode of our Tales from Treasury podcast, our senior reporter speaks to Hugh Wu, vice president of treasury at multinational electronics company, Lenovo.
Navigating the cultural shoals of heading a new treasury team is not for the faint-hearted. Damian Glendinning reminisces on his time at the head of Lenovo’s treasury team in Singapore
The Chinese technology company introduced a cross-border supplier finance programme to improve its own cash conversion cycle while mitigating any drawback for its key suppliers.
As the People’s Bank of China steps up its curb on capital outflows, it has U-turned on its well-publicised cross-border renminbi cash pooling policy. Spooked treasurers are tackling the issue head on.
Jan 26, 2016
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The Sibos Corporate Forum offered treasurers a chance to tell the banks what they really need from them. Some queried whether they would even need to use banking services in the future.
Part One: Treasurers at some of Asia-Pacific’s most prominent corporates share their strategies for dealing with the inconsistencies of global financial regulation.