The United States Dollar has been the de facto global currency for the better part of the past century. While rhetoric questioning its longevity in this role has been around for decades, the past year has seen more leaders of rapidly emerging economies beginning to question why it still needs to be this way.
Today, BAFT, a leading global financial services association for global translation banking, announced the Future Leaders Program class of 2023. Now in its eighth year, the program recognises upcoming talent… read more →
Moody’s Investors Service announced the long-term deposit ratings of ten banks in Saudi Arabia, as well as the senior unsecured and subordinated debt ratings of their affiliated entities, where applicable,… read more →
Kyriba Corp, a cloud-based finance and IT solutions firm, and Jiko, a vertically integrated financial institution offering its clients real-time programmatic access to the yield and safety of T-bills, today… read more →
As more companies look for ways to expand into new markets, surety bonds provide a valuable safeguard and financial advantage.
Today the Digital Container Shipping Association (DCSA) announced a commitment for its members to transition from paper bills of lading to electronic bills of lading by 2030. The switch is… read more →
Trade sanctions are among the many tactics resorted to by the international community in order to compel a state to comply with its human rights obligation.
The arguments for digitalising trade processes are well known. Paper-based processes are inefficient, error-prone, and subject to frequent delays––particularly in times of disruption.
Reflecting back on key themes from the ExCred International 2022 conference in London, it is clear that the uncertainty of globalisation, driven by geopolitics, is a hot topic in today’s world.
Digital Container Shipping Association (DCSA), a neutral, non-profit group established to further the digitalisation and standardisation of container shipping in conjunction with its nine carrier members, today announced phase two… read more →
The head of the International Chamber of Commerce (ICC) has written an open letter calling on major institutions to protect small businesses impacted by economic sanctions on Russia. John W.H.… read more →
In this article, Ed Lam and Pamela Mar offer a roadmap to a digital future for supply chains and trade finance, with a focus on Asian SMEs
This article was co-authored by:
– Arun Prakash, strategy officer for trade and commodity finance at IFC
– Dennis Ochieng, economist at IFC
– Shanshan Li, consultant at IFC
Freeports are a special kind of air, rail, or seaport, where normal tax and customs rules don’t apply, says John Lucy, director of Liverpool City Region Freeport