The Asia-Pacific region (APAC) has remained a focal point for trade finance in 2024, with regulatory upheavals, geopolitical tensions, and significant shifts in business practices all impacting the sector throughout… read more →
This comes after it was made public that Indonesia would join BRICS on 6 January, becoming the 10th member of the group of emerging economies. The move is set to… read more →
Brazil is pioneering a digital transformation in trade finance that promises to revolutionise how small and medium-sized enterprises (SMEs) conduct cross-border business. At the intersection of technology and international trade,… read more →
December saw the trade surplus reach a monthly record of $104.8 billion, up from $97.4 billion in November. Exports rose 10.7% year-on-year while imports grew just 1%. The widening gap… read more →
At the FCI conference in Tashkent, Uzbekistan, Trade Finance Global spoke to Neil McKain, Country Manager for Uzbekistan at IFC, Davron Ismailov, CEO of Yangi Finance, and Sanjar Nosirov, Director of the Credit Institutions Regulation Methodology Department at the Central Bank of the Republic of Uzbekistan, to learn about the growth of cross-border and domestic trade within Central Asia and what factoring and supply chain finance can do to help.
The rejection comes as President Prabowo Subianto’s government maintains its stringent stance on local content requirements, which mandate that 40% of components in mobile devices be sourced domestically as part… read more →
This article covers the Hague-Visby Rules’ one-year time bar in relation to trade finance issued against a bill of lading as security and a claim for mis-delivery.
In light of Canada’s Prime Minister Trudeau resigning as his party’s leader in early January, and with Mexico’s President Sheinbaum only holding office since October, Donald Trump may be facing an entirely new set of neighbours upon taking office at the end of the Month.
The unprecedented measure, unveiled on Thursday as part of the government’s 2025 Economic Policy Direction, comes as Asia’s fourth-largest economy braces for tepid export growth of just 1.5% this year,… read more →
Since 1999, the Malaysian government has introduced several initiatives to modernise its procurement processes and enhance economic inclusivity. Among these is the e-Perolehan system, which translates to the e-Procurement system, also known as “eP”.