When exchanging goods and services overseas, you’ll often come across important trade terms such as bills of exchange, prom notes and trade bills. We’ve quickly summarised the three terms, and… read more →
Even though traders, business people, and governments desire it and major financial actors try to maintain it, stability on the Foreign Exchange market is only fleeting. The Volatile Markets Forex… read more →
Silicon Valley-based Trucker Path released a crowd-sourced navigation app for truck drivers in late 2013. The crowd-sourced Trucker Path application has grown to become America’s largest community of truck drivers… read more →
The Australian business lending landscape is changing dramatically. Interest rates are at historic lows but there are signs that these might go up in the near future, companies are extending… read more →
In an early scene in the Hollywood blockbuster, “The Wolf of Wall Street”, Matthew McConaughey, acting as a senior broker, describes predicting the value of a stock as a ‘Fugazi’…… read more →
In accordance to the MSCI Frontier Market Index, Vietnam is recognised as a frontier market. Nevertheless, with a GDP per capita of just above $6000 as of 2015 and a… read more →
Ninety seven per cent of exporters questioned in a survey said they were optimistic about growing their businesses through international trade. We spoke to Institute of Export & International Trade… read more →
Contrary to popular belief, Dubai is not an oil based economy. In fact, oil only represents 6% of its revenue and this is not expected to change as its oil… read more →
Introduction On January 24, the central bank of China raised the 1-year MLF interest rate by 10BP to 3.1%, 6 months MLF interest rate increase by 10BP to 2.95%, leading… read more →
For decades, the shipping industry has helped many countries improve their economic situation, allowing many businesses to acquire their much-needed resources and develop products demanded by the market. And it… read more →
Fintech companies are often exciting innovators that keep investors on their toes as they rapidly develop new services and products. As a sector, financial technology is in a major period… read more →
Usually, a PXF will have a tenor of 1 to 5 years, but it is common for facilities to be amended and restated throughout their life. Clauses within agreements will… read more →
Trade loans are short-term facilities involving a borrower and a lender that importers, exporters, and domestic traders use to acquire financing.
MT799 Explained When dealing with Bank Guarantees, Documentary Credits, and Letters of Credit (LCs), one may hear the term ‘MT799’ being used. MT799 is a message that is sent between… read more →
The law underpinning financial products is inevitably very important when structuring a facility. The concept of trade finance law also adds a level of difficulty as we usually see a… read more →