Christoph Kober reviews, in The Asset magazine, how "Several countries in Asia vie for corporates to consolidate cross-border treasury management in their respective jurisdiction - typically offering exemptions on income and withholding tax as well as offering favourable personal tax environment for expatriates sent to run the operations."

He describes the options available in Hong Kong and Singapore and how the ministry in Malaysia is trying to get in on the act with its lower-cost base and by offering incentives and a growing pool of treasury talent.

Furthermore Axiata, the telecomms operator, have just chosen Reval for the system to support the group's treasury management centre, which is to be set up in Malasia.

Read more in the full article here.