VERIDAPT, a digitised commodity monitoring management company, joined forces with Singapore Trade Data Exchange (SGTraDex) to provide banks, traders, and terminal operators with a new trade flow platform. SGTraDex, a… read more →
With the trade finance gap at an all-time high, some tech companies are creating novel solutions to help combat the wide-scale fraud that has challenged the sector for many years, making it a more attractive space for lenders once again.
TFG spoke to Jesse Chenard of MonetaGo to find out more.
Financial technology solutions provider MonetaGo has been selected by the Association of Banks in Singapore (ABS) to deliver the Trade Finance Registry (TFR), an interoperable industry utility that bridges information silos between banks to combat duplicate financing fraud.
If a new trade bill is passed during the current UK parliamentary term, digital paperwork could be legalised under English Law, which could be a landmark moment for the trade and export industry.
Enigio has been awarded patents for the digital original document invention behind their trace:original solution. The patents were issued by the Republic of Singapore on 26 July 2021, followed by… read more →
Twenty years ago Asia had a 12% share of the global factoring market. Today that share is 25%.
In this article, FCI’s Lin Hui looks at factoring’s two decades of steady growth in Asia, and where the industry goes from here…
As the clocks struck midnight, we looked back at over 700 articles, handpicking our favourite stories that made the headlines in 2021
Gunvor secures $1.13bn LNG syndicated borrowing base facility with emissions measurement commitments
Gunvor Group, one of the world’s largest independent traders of liquefied natural gas (LNG), has signed a new syndicated borrowing base facility worth $1.13 billion. In what the company believes… read more →
The UK has secured an agreement in principle with Singapore that will form the first digital trade deal signed by a European nation. Known as the Digital Economy Agreement (DEA),… read more →
The Association of Southeast Asian Nations (ASEAN) has launched a landmark trade agreement that could see the region’s web economy grow to $1 trillion by 2030. Last week, following its… read more →
As the trade finance industry shifts towards more digitalised ways of doing business, new niches are opening up within the market.
For the Maritime and Port Authority of Singapore (MPA), the establishment of the Global Centre for Maritime Decarbonisation in August this year was yet another milestone in enhancing Singapore’s status as an international shipping hub.
Singapore and the UK begin negotiations this week, aiming to help exporters enter new digital markets and ease the barriers to cross-border digital trade, worth £3.2 billion annually. The trade… read more →
The UK and Indonesia have today (Monday 26) concluded the first round of exploratory trade talks and committed to further strengthening our £3 billion trade and investment links through a… read more →