The OPEC Fund for International Development (OPEC) and the Trade and Development Bank (TDB) are strengthening their cooperation via the OPEC’s latest commitment of debt and equity totalling $40 million. … read more →

Over the last decade, Vietnam has become a top destination for investment in manufacturing – more desirable than other Southeast Asian nations like the ASEAN-4 countries (Indonesia, Malaysia, Thailand, and the Philippines). This has led many to wonder why Vietnam is such an attractive destination for investors.

With the trade finance gap at an all-time high, some tech companies are creating novel solutions to help combat the wide-scale fraud that has challenged the sector for many years, making it a more attractive space for lenders once again.
TFG spoke to Jesse Chenard of MonetaGo to find out more.

At the BAFT global annual meeting in May, TFG sat down with heads of trade to discuss the current state of trade in Asia. 

Bank of China (Hong Kong) (BOCHK) today signed a memorandum of understanding (MoU) to become a member of the Alliance for Green Commercial Banks (the Alliance).  The Asia chapter of… read more →

The Asian Development Bank (ADB) committed $22.8 billion from its own resources in 2021 to help Asia and the Pacific tackle the immediate effects of the COVID-19 pandemic and promote… read more →

In our latest podcast, TFG’s Deepesh Patel spoke to Islamic finance guru Daud Vicary on fintech, sustainability, and other engines of growth

Surecomp, a Canada-based trade finance solutions provider, has today announced that Societe Generale has gone live with the latest version of its IMEX solution for back-office trade finance processing automation.… read more →

A new report has found that the COVID-19 pandemic pushed 4.7 million people in Southeast Asia into extreme poverty in 2021, following the loss of 9.3 million jobs since 2019.… read more →

Among our top stories: SWIFT ban to hamper Russian trade, and banks pull Russian commodity trade finance lines amid Ukraine invasion