News
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13.10.2020
IFC & Union Banks Form An Alliance To Boost Trade Finance In Nigeria
As per the latest news around the world of banking, the leading member of the World Bank Group IFC has come into an agreement with Union Bank to come up with a finance guarantee facility, as per their latest announcements. The expected part...
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08.10.2020
DBS and Standard Chartered Launch Blockchain Trade Finance Platform to Curb Trade Finance Fraud
Singapore-based multinational banking entity DBS and Standard Chartered are about to change the way banking is done. These two entities have completed proof of concept for their blockchain trade finance platform and have named it as the ‘Trade Finance Registry.’ ...
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06.10.2020
Exports Rise 5.27% In Sep, Trade Deficit Narrows To $2.91 Billion
We are all familiar with the impact that Covid has led to our global trade platform. The change of events have let an extreme set back in the global economies, forcing businesses to shut down and workers going on lockdowns. The past few months have been very devastating for global...
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01.10.2020
Temenos Partner With essDOCS For Digitization
The initiator of paperless trading, essDOCS has now come in terms with Temenos’ MarketPlace. The current digitized solution is all set to offer integration of essDOCS’ CargoDocs solution to Temenos Transact. This new system will give way to an improved and next generation of c...
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29.09.2020
A Look Into The Growing Asset Class: Trade Finance
International Trade has been a major key towards increasing the GDP of a given country besides improving the flow of cash inside it. The global supply chain plays an important role in the running of business around the world. However, not every business in the supply chain has the...
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24.09.2020
Miami Based Marco Financial Aims At The $350 Billion Latam Trade Gap
Miami’s fresh startup venture, Marco Financial recently announced its success at securing a $26 Million in funding. The recent aid is expected to empower the startup to take a shot at $1.5T...
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21.09.2020
Finalizing Federal Tax Authority Would Be A Great Shot At Improving Trade For SE Asian Companies
The recent turn of events had led to collateral damage to world economies. The turn of events has let to collateral damage across businesses over every level. Now, as the trade and businesses make their way back at the dawn of Corona virus, the trading policies are being revised to focus more on kic...
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18.09.2020
Key Takeaways From Recently Held GTR Asia 2020
Following the changes of rules around gathering amidst the breakdown of the Novel Coronavirus, the Global Trade Review (GTR) 2020 was held in a virtual format recently. The event which was held from September 8-11 laid emphasis on the global trade flows which now shows signs of settling in the after...
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15.09.2020
UK Strikes First Major Post-Brexit Free Trade Deal With Japan
The UK has struck a historic deal with Japan and came to terms for a free trade agreement (FTA), marking the first ever deal of its kind. The deal was arranged to be the first big thing post-Brexit trade deal, expected to increase the trade by £15bn a year. UK’s International Trade Secretary ...
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12.09.2020
Asian Trade transaction volumes show recovery amidst the wake of COVID-19
The trade transaction volumes in Asia have shown a recovery in their performance with the creation of a V-shaped post-pandemic recovery. It is for the first time since the beginning of the year that the volumes present underpinning of 2019 levels, when monitored from the past couple of months, accor...
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- 21.11.2020
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