Asian country’s integration into global value chains remains surprisingly weak. Peter Born, Chief Representative for Commerzbank in Mumbai, examines why this is the case, and what steps are being taken to address the challenges of the business environment in the country.
The Department for International Trade has recently published its Global Trade Outlook report. TFG summarised of the key points from the report, outlining what could be in store for global trade between now and 2050.
COVID-19 puts international trade to a halt following the closure of the Ningbo-Zhoushan port in China and causing a global microchip shortage. There are other unanticipated issues to account for, such as the Suez Canal blockage.
World trade of goods has declined some 12% in the last year, representing a loss of $22 trillion USD of trade. Is it all doom and gloom for trade, or will we see a resurgence?
Privately-owned base metal trading company successfully renews and increases its Syndicated Uncommitted Secured Revolving Borrowing Base Facility. London, 11th August 2021 – Ocean Partners UK Limited announces it has successfully… read more →
Trade Finance Global (TFG), the leading trade finance fintech, has been selected to join the inaugural China track of the Mayor of London’s scaleup programme.
Finastra and Hangzhou Hundsun Lirong Software Co. Ltd. to co-develop a tailored version of Finastras’s Fusion Opics treasury solution for the Chinese market. This treasury solution- currently, used by over… read more →
The first estimates for the factoring industry worldwide in 2020 have been announced today by the FCI’s Peter Mulroy. Factoring declines were recorded in most regions except Asia Pacific.
Singapore has become the first country to ratify the Regional Comprehensive Economic Partnership (RCEP), with plans to implement the accord on the 1st January 2022.
After Covid-19 crippled global commerce, the World Trade Organization said March 31 that it expected the planet’s merchandise trade to increase 8% in 2021 after contracting 5.3% in 2020.
The trade consequences of Brexit already include a dramatic shrinking of commerce with the EU, an expansion of trade with other allies, and redrawing of supply chains for companies.
In a year that shook the foundation of trade, these innovators rose to the challenge and helped the industry to digitalise
A three pillar approach to achieving a more sustainable and inclusive future for global trade
2021 is likely to witness an acceleration of ongoing geopolitical shifts, while some emerging markets may experience significant growth tailwinds
In early 2021, we are still emerging from the economic wreckage caused by the outbreak of the COVID-19 pandemic – what are the key financing trends?