The National Development Bank (NDB Bank), one of Sri Lanka’s largest commercial banks, has launched the country’s first supply chain finance program. The banking solution, TradeLinc, is set to optimise… read more →
Viettel Post, the defence ministry-owned courier service, has unveiled a fleet of 200 automated guided vehicles (AGVs) at its Hanoi warehouse, marking a significant step in Vietnam’s push to modernise its logistics sector.
Sullivan & Worcester has advised the European Bank for Reconstruction and Development (EBRD) on two supply chain finance (SCF) initiatives in Türkiye and Romania, to provide financial support for regional economic recovery.
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Germany’s outdated system for handling negotiable instruments – crucial documents used in trade finance – has become a significant obstacle. While German businesses push ahead with digitalisation, the legal infrastructure supporting trade documentation remains rooted in the paper age.
Donald Trump’s return to the White House has brought instability to global currency markets, as the newly elected president threatens sweeping tariffs against major trading partners. These changes are a likely response to Trump’s threat of implementing tariffs of up to 25% on Canadian and Mexican imports.
The world’s largest landlocked country also accounts for over 50% of Central Asia’s GDP, and has the region’s highest internet usage proportionate to its population. Some might be surprised by… read more →
The Bank of England’s Prudential Regulation Authority (PRA) announced on Friday it would delay the implementation of the Basel 3.1 rules to 1 January 2027 due to “uncertainty around the timing of implementation of the […] standards in the US”.
The design note outlined four key workstreams that will shape the future of Britain’s digital currency: product vision, scheme regulation, technology architecture, and operational framework. The initiative envisions a public-private… read more →
The Asia-Pacific region (APAC) has remained a focal point for trade finance in 2024, with regulatory upheavals, geopolitical tensions, and significant shifts in business practices all impacting the sector throughout… read more →
This comes after it was made public that Indonesia would join BRICS on 6 January, becoming the 10th member of the group of emerging economies. The move is set to… read more →
