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 →
The scheme allows for the instant transfer of funds in euros within the Single Euro Payments Area (SEPA). As of Wednesday’s announcement, all payment service providers in Croatia must be… read more →
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 →
The cross-border payments specialist, which facilitates transactions between merchants and customers across emerging markets, will conduct UK operations through its subsidiary dLocal Opco UK. The regulatory approval enables dLocal to… read more →
The new venture, called Labamu, offers digital invoicing and billing services alongside integrated banking features. It launches first in Indonesia, but expansion is planned across APAC, tapping into the region’s… read more →
Trade Finance Global (TFG) today announces its decision to join the Independent Press Standards Organisation (IPSO), the UK’s leading press regulator, demonstrating our unwavering commitment to delivering credible and accountable journalism to our readers.
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 →
The Emerging Africa & Asia Infrastructure Fund (EAAIF) announced a $40 million investment to support 2.3 GW of renewable energy projects in Egypt, including the Suez Wind Project and Benban and Wahat solar PV plants.
The United Nations Commission on International Trade Law (UNCITRAL) is developing a comprehensive international convention to standardise negotiable cargo documents across multiple transportation modes, potentially transforming international trade documentation practices.… read more →
Denmark’s export credit agency, EIFO, has joined a consortium of international financial institutions to support Ørsted’s latest offshore wind development in Taiwan: the Greater Changhua 4 project, with a generating capacity of 583 megawatts.
