Tag: tony lam

From crude solutions such as extending payment terms to complex arrangements such as supply chain finance, treasurers must keep all plates spinning in working capital management.

TCC Group, a ship-owning company, is working with DBS to establish a cross-border cash pool solution to cater for its growing cash requirements.

RMB development is in full swing, but MNC strategies to manage exposure less so. Local treasurers need to be taken seriously.

Tony Lam, Asia treasurer for the US paint manufacturer, details why it persists with using bank acceptance drafts in China.

Though announced with fanfare, the Shanghai Free Trade Zone has had a slow uptake of business, and changes have been made to the managing committee.

The region’s top treasurers share their advice on the key strategies when negotiating more favourable credit lines with banks.

Approval and registration standards of China’s State Administration of Foreign Exchange (SAFE) cross-border guarantee financing scheme just got a whole lot easier.

Tony Lam, treasurer for Valspar Asia, argued that current Shanghai FTZ netting rules drives costs, allowing banks in could save money.

Valspar has added renminbi to its global cash pool currencies through a dividend payment to its US headquarters and has future plans for the Shanghai free trade zone (FTZ).