The unlikely regional treasury of Actavis

Regional finance director Henryady Sudjana explains why the pharmaceutical company Actavis is implementing a centralised regional treasury in Indonesia.

The unlikely regional treasury of Actavis

Easy movement of cash is critical to any treasury. While not a problem in the US and Europe, it's a common issue in Asia where varying capital expatriation regimes complicate the lives of treasurers.

China, India and Vietnam are known to be particularly difficult. Kelvin Hayes, deputy group treasurer at SGS, said his firm uses a variety of methods to get trapped cash out of countries. For example, in VietnamĀ SGS faces a dearth of available...

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