To support export and import-based businesses to cope with global uncertainties brought on by the COVID-19 pandemic, IFC is providing $50 million to Prime Bank Limited in Bangladesh. This IFC… read more →
Sumitomo Mitsui Banking (SMBC) will phase out corporate and project finance exposure to coal mining by 2040, but does not have a concrete timeline for reducing support to trade finance,… read more →
In 2015, the UN General Assembly formally established the 17 UN Sustainable Development Goals (SDGs) to be addressed by 2030 and that same year, 195 countries committed to keep global… read more →
Increasing volatility in global supply chains means shipping lines must undergo a radical restructuring to survive, according to A.P. Moller-Maersk A/S. Ditlev Blicher, president of Asia-Pacific for the shipping line… read more →
Nokia announced its Sustainable Finance Framework that places sustainability as core to future stakeholder value and central to its business outcomes. The framework reinforces Nokia’s commitment to sustainable growth by… read more →
ING announced today that it has spun out Loan Optics to vc trade GmbH, the leading digital platform in the market for private placement and promissory note loans. Loan Optics… read more →
The ICC United Kingdom has announced a new initiative to strengthen the UK finance industry against the impacts of duplicate financing fraud. The Centre for Digital Trade and Innovation (C4DTI)-led… read more →
China and Australia’s top trade officials have met for the first time since 2019, in the latest sign of warming in diplomatic relations between the two countries. Trade minister Don… read more →
World food prices fell in January for a 10th consecutive month and are now down nearly 18% from a record high last March following Russia’s invasion of Ukraine, according to… read more →
Chief executive of gas grid operator Enagas, Arturo Gonzalo Aizpiri told reporters on Thursday that the European Union funds could finance 30% – 50% of the underwater hydrogen pipeline to… read more →