Tag: treasury centre

A new era of globalisation sees businesses look to treasury and finance to push strategic influence and innovation, according to a DBS survey.

Hong Kong saw a surge of companies – mostly Chinese – establishing regional headquarters in 2018. Will regional treasury centres follow?

While Dyson – the UK’s most famous vacuum-cleaner developer – has pinned its future on an Asia Pacific headquarters, it’s still not a given that its treasury operations will move to the Lion City

The exorbitant cost of living and rent in Hong Kong are a bane for corporates and employees, says Gordon French, APAC head of global banking and markets for HSBC.

At CT’s Shenzhen-based treasury conference, the central banks of Hong Kong and Singapore outline their treasury centre strategies for China’s aspirational corporates.

Proposed changes to the Inland Revenue Ordinance will have a dramatic impact on Hong Kong’s ability to attract treasury operations.

The Thai oil giant's multi-billion dollar war chest will go partly on Asean. Centralised treasury will make it more efficient.

Companies setting up treasury centres in Hong Kong could be given greater scope to benefit from half-rate tax concessions, CT has learnt. However, it seems, the regulators are keen for companies to set up legal entities in the city to enjoy the tax perks.

Jun To, a former PepsiCo CFO and treasury centre specialist, has taken up a role as CFO of the Intercontinental Hotel Group.

Thai Union Frozen Products’ CFO and group treasurer tell CT about why they chose to set up a global treasury centre in Bangkok.

Treasurers are broadly pleased with Hong Kong’s recent tax proposals to attract treasury centres, but they fear more needs to be done to differentiate the city from Singapore and Shanghai.

Hong Kong’s regulators have released plans to create explicit definitions of treasury centre services and activities that qualify for tax cuts.