Trade finance has been helping SMEs, middle market businesses, and the corporate sector to manage their financial issues. Here is all you need to know about how it suits your business.

Industry bodies called for further government support towards supporting the global trade industry (multilaterals, banks and insurers), as the coronavirus pandemic continues to disrupt all areas of the economy.

There have been 1.7 million confirmed cases of coronavirus globally, with over 100,000 deaths. The majority of countries around the world still have strict lockdowns in place, and the virus is still spreading rapidly.

“WTO economists believe the decline will likely exceed the trade slump brought on by the global financial crisis of 2008-2009″

As airlines struggle with their cashflows as a result of the travel slump brought about by Covid-19, TFG’s Flora Tan spoke to Ocorian’s Conor Blake, examining the impacts.

TFG’s Carter Hoffman explores the current and potential impact of COVID-19 on both international trade and trade finance. Business as unusual, the decisions we make now will have long lasting impacts.

The coronavirus focus in the last week has largely been around the provision of PPE, as well as MDBs providing continued economic support to businesses

As the APAC region solidifies its global trade leadership, banks gain an opportunity to serve new finance needs as long as they make needed technology and process changes.

TFG’s Ross McKenzie spoke to Singapore based Mike Walker, Finastra, discussing the relationship between banks and corporates, and a reality check on the current state of technological innovations and digitization to open up opportunities in trade and SCF.

The coronavirus focus is now on ensuring countries have free flow of medical supplies, equipment and goods, with the support of MDBs