Professional paper
Regional treasury centres in South East Asia – The case of Brunei Darussalam
Petr Polak
; Faculty of Economics, VSB – Technical University of Ostrava
Rady Roswanddy Roslan
; Swinburne University of Technology, Melbourne
Abstract
The paper investigates the location criteria (LC) considered when establishing regional treasury centres (RTCs) across three countries: Brunei, Singapore and Hong Kong. LC are the important factors that are compulsory for multinational corporations (MNCs) to examine before setting up RTCs in another region other than where their headquarters are. Comparing Brunei to Asia’s leading international financial centre and location for RTCs i.e. Singapore and Hong Kong would assist in identifying whether Brunei can host RTCs. The study contributes to the understanding of LC assessment before establishing a RTC in any location. A similar investigation method, conducted previously and applied to European countries, is duplicated and applied to the three Asian countries. The results found that compared to Singapore and Hong Kong, Brunei is lacking in terms of the examined LC.
Keywords
Cash management; Regional treasury centers; East Asia; Brunei Darussalam
Hrčak ID:
38919
URI
Publication date:
3.6.2009.
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