Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Treasury’s success depends in part on its ability to quickly mobilize global cash and direct it to where it will generate the highest returns. This task has been especially challenging for companies operating in the Asia-Pacific region, because of the large number and geographic dispersion of countries and the lack of a common currency. Compounding the problems, many countries in this region do not have open economies, freely convertible currencies or state-of-the-art banking infrastructures or capital markets. To overcome the obstacles, according to Pui Yee Lee, director of international treasury at Honeywell International Inc., “Honeywell needed to develop and implement a treasury strategy specifically tailored to the Asia-Pacific region.”

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.