Rolling on

Dusseldorf, March 2017 At the start of last year’s ACT Europe Conference, we asked delegates about Brexit. Overwhelmingly they wanted the UK to stay in and didn’t want anyone else to think about leaving. Well, like the Rhein that inexorably flows through this city on its way to the North Sea, a lot of water has passed under quite a few bridges since then! Treasurers though must be prepared to help their businesses prosper in all circumstances and for that they need to understand the issues that really matter. @PeterMatza testing the level of optimism. Everyone is slightly equivocal after

Trading places

I have recently been in Dubai where the ACT was generously invited to deliver the treasury workshop at the latest GTR MENA Trade Finance week. The ACT and GTR have been associated in this way for a few years now in the UK, Middle East and Singapore and it allows us to reach a trade finance audience we don’t always see. Unfortunately, the date, 14 February, meant being away from home on Valentine’s Day but it was for a good cause of course. The big theme in trade at the moment is, well, the lack of it or, rather, the

How are you managing your cash?

Pretty much since the dawn of time there has been a simple fact about business: if you haven’t got any cash, you won’t have a business. The overwhelming reason for business failure is running out of money. And that means real money, not hoped for money, not might be money and certainly not ‘the cheque’s in the post’ or, ‘will next week do?’ money! What has changed though is the way in which the people responsible for making sure business survives -that’s us as treasurers – have used the tools and techniques of finance to ensure survival. That’s equally true

The world from here

If technology was the ‘play for today’ on day one, day two could best be described as, ‘the gift that keeps on giving’. Gifts actually. Apart from an eagerly awaited session on the imminent arrival of VAT in the Gulf, the rest of the day looked towards the strategic direction of treasury and leadership issues. The ACT Middle East Summit 2016, Day Two Yes, there’s a day job, but increasingly treasurers everywhere, including the Middle East, are being asked by their C-suites to interpret the complexity of business and finance: what does the world look like from here? Our ever popular

Under sunny skies!

The Autumn conference season for the ACT has been in full swing around our network from the UK to Hong Kong and today we opened in Dubai for our 8th year, this time billed as the ACT Middle East Annual Summit. Fashions in conference names seem to go in cycles from forums (should that be fora?), summits and exchanges, to roundtables, seminars and retreats all the way back to, well, conferences! I am sure there is research somewhere that tells us what delegates think of the name but in truth, it’s the experience that counts and today has been one

ACT Middle East Annual Summit – a message from the chair

Every year the ACT Middle East Annual Summit continues to surprise and inspire me through the people I meet, the case studies and success stories I hear and the new insights I take away with me. It is always an honour to be chairing what is undoubtedly the leading treasury event in the region. We’ve got a packed programme for you as always, with the support of companies including Almoayyed International Group, Aramex, Archimedia, Chalhoub Group, Du, Dubai Petroleum, elseco, EGA, Etihad Airways, Government of Sharjah, Gulf Energy, Landmark Group, Oman Trading International, Webcor Group and YBA Kanoo, to name

East and east again, part 2!

The second leg of my Asian double header brought me and the ACT team back to one of our favourite conferences, this year renamed as the Asian Treasury Leaders’ Forum. Since we moved to a full day format 3 years ago, the event has gone from strength to strength on several different levels. There’s the backing we get from the local treasury bodies, the positive endorsement of other local and regional professional bodies and trade associations and, of course, the support of the HKMA, Hong Kong’s central bank. Most of all the enthusiasm from the treasury community locally and further

East and east again!

This is the first instalment of an Asian double-header from Singapore and then Hong Kong, representing the ACT, meeting our members and students and a whole bunch of other people too! And meeting taxi drivers as well….and like taxi drivers everywhere, the ones in Singapore are not short of an opinion! So, you ask, what’s business like? Well, they say, given that next week is the night F1 race which shuts much of the city centre and no-one in Singapore (apart from the Government) is that fussed, it could be better! In seriousness though there is a nervousness in SE