The biggest concerns for South Korean multinationals over the remainder of 2014 are managing risks and increasingly their corporate stability, it has been reported.
Research by the Federation of Korean Industries (FKI) found that, of the top 30 multinationals in South Korea, just one in ten are looking to broaden their business scope this year, with only 7% exploring new ways to boost growth. Instead, two fifths are preparing themselves for foreign exchange volatility and management related-challenges, whilst a further 37% are considering restructuring measures to enhance their stability. These conglomerates include Samsung, Hyundai Motor, SK and LG.
“In effect, almost eight out of 10 conglomerates are thinking of potential risks and challenges,” said the FKI.
Today CGI and GTNews have announced the launch of the fifth annual Transaction Banking survey report, which offers which offers critical insight into the corporate-to-bank relationship.
On-Demand Treasury Management Solutions continue to gain increased adoption in the US and EMEA regions.
Treasurers are being expected to do more work with fewer resources than ever before, so it is little wonder that the automation of day-to-day operations was highly discussed on the second day of EuroFinance, the annual treasury event held in Barcelona this week.
Chicago based Treasury Management System (TMS) vendor GTreasury and Sydney based risk and treasury management vendor Visual Risk have joined forces in a strategic alliance to ... read more