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 →
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.
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”.
As the year winds to a close we’re revisiting our predictions to see how well they measured up to reality. Let’s dive in!
Small and medium-sized enterprises (SMEs) are the backbone of any national economy, a characteristic that is pertinent in Uzbekistan. Not only do SMEs account for almost 50% of the national GDP, but they also employ almost 80% of the workforce—the biggest source of employment in a nation where unemployment is high, at around 7%.
. At the inaugural Trade Finance Conference of Parties (TF COP) in Washington, DC, ITFA unveiled the Washington Declaration, a proposal calling on the United Nations (UN) to recognise the… read more →
COP29 has earned the nickname “finance COP” for its discussion on regulations, investment, and ways to finance the green transition, especially for small and medium-sized enterprises (SMEs) and developing countries. … read more →
The International Trade Centre (ITC), the UN agency for small businesses, has just released their NDC 3.0 guidelines. Announced yesterday at COP29 in Baku, Azerbaijan, the guidelines provide a way for countries to practically support small and medium-sized enterprises (SMEs) in achieving national climate goals.
Vietnam has established itself as a major trade player in Southeast Asia. In 2022, the country’s trade-to-GDP ratio reached an impressive 185%, according to the World Bank collection of development… read more →
The Joint Declaration on Baku Climate Coalition for SMEs Green Transition should help small businesses fully engage in the shift to sustainable business models ahead of COP30 in Brazil next… read more →