The study examined the working capital performance of 947 publicly listed firms across 12 APAC countries and territories and 21 industry groups, over the last five years. Days receivable, a… read more →

Swift, the global financial messaging system, has partnered with Wise, the international money transfer company, to expand cross-border payment options for financial institutions and their customers worldwide.

The U.S. International Development Finance Corporation (DFC) has approved technical assistance funding for a pioneering 120 MW hydropower project in Madagascar, to expand the country’s clean energy capacity.

Etihad Credit Insurance (ECI), the UAE export credit company, and three partners signed a joint agreement on Tuesday, September 17 to support global commodities giant Trafigura in expanding their acquisition of commodities from the UAE. 

The Bank for International Settlement (BIS) announced on Tuesday, September 17, that 41 major private sector financial firms would join Project Agorá, the Basel-based bank’s pioneering wholesale cross-border payments tokenisation project. 

Nedbank Corporate and Investment Bank, the Johannesburg-based bank, has announced a strategic partnership with UAE logistics provider

British International Investment (BII), the UK’s development finance institution, has announced plans to provide up to £30 million to bolster Ukraine’s international trade amid ongoing economic challenges.

The Prudential Regulation Authority (PRA) has released its second policy statement on the implementation of Basel 3.1, set to take effect in January 2025.

Trade Finance Global (TFG) is set to host an exclusive roundtable webinar entitled “Launching a New Credit Insurance Venture: A Comprehensive Guide.”

Fitch Ratings has upgraded Turkiye’s Long-Term Foreign Currency Issuer Default Rating (IDR) to ‘BB-‘ from ‘B+’, citing improved external buffers and reduced contingent foreign exchange (FX) liabilities. The outlook is stable.