Today’s fashion industry is in need of its very own digital silk road that can revolutionise its global trade with speed, reliance and efficiency.

Much like the rest of the global economy, the world of correspondent banking has undergone rapid changes in recent years. Though we have started to witness the changing dynamics of correspondent banking relationships, we have yet to truly understand their long-term impacts. TFG heard from leaders at banking association BAFT, who have recently partnered with TFG for the launch of their correspondent banking hub. 

At the 4th National Summit Trade Finance for Inclusive Growth organised by ASSOCHAM, the state of global trade finance was discussed by industry leaders. One point came across clearly: the path to growing the Indian economy is easy access to trade finance. Deepesh Patel, TFG’s Editorial Director, recently joined the ASSOCHAM Trade Finance Steering committee, helping to provide insights into market activities and trends.

The UK government, in a significant stride towards expanding trade and investment prospects between the two nations, launched the Developing Countries Trading Scheme (DCTS) in Manila. The event commenced with… read more →

The 2023 Commonwealth Trade Ministers Meeting drew to a close today, with a resolute focus on collaborative efforts to nurture resilient, inclusive, green, and digital economies. Building upon the initiatives… read more →

Today, Finastra announced a collaboration with S&P Global Market Intelligence focused on the corporate and syndicated lending market. The companies have agreed to collaborate and integrate their solutions for corporate… read more →

China experienced a 7.5% decline in exports in May compared to the previous year, while imports were down by 4.5%, signalling a deceleration in the economic recovery post the lifting… read more →

HSBC has announced a £15 billion lending fund for UK SMEs, to help expand access to the market and grow existing businesses.  This SME lending fund is part of a… read more →

The International Air Transport Association (IATA) has unveiled a series of roadmaps aimed at achieving net zero carbon emissions in the aviation industry by 2050. These roadmaps cover critical aspects… read more →

The House of Commons recently released a research summary of the Electronic Trade Documents Bill (ETDB), marking yet another step towards the bill becoming an enshrined law in the summer… read more →