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Cash & Liquidity Management

Asian Cash Management in the 21st Century

by Elizabeth Hennessy, TMI

The very diversity of the countries comprising the Asian region means that cash management is far from straightforward. Some countries are developed, some developing; market infrastructures, central banking regulations, tax regimes, all differ. Some countries prefer checks, some promis- sory notes, others favor drafts. National customs and cultures also display a wide variety. However, treasurers in the region today can call upon a range of cash management solutions and systems that would have been unimaginable just a few years ago.

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