A crucial step towards end-to-end trade digitalization is creating an ecosystem that allows for seamless exchanges of data between existing platforms. A recent study from the WTO and TFG highlights 19 initiatives and the recent developments which are working towards digital standards for trade.
Freight forwarding, shipping and logistics are undergoing a digital makeover. Connecting the dots, enabling traceability and increasing transparency between parties is a win-win for all actors within global trade. So who’s doing what? As part of TFG & WTOs 2020 Blockchain for Trade study, 7 initiatives in this supply chain space have been mapped.
Ian Sayers, ITCs Senior Adviser for Access to Financing takes a closer look and explains how they may support ITCs work to improve conditions for the continent’s MSMEs.
The Covid-19 pandemic is accelerating trends and technologies that came online before January 2020 and were just getting traction.
By eliminating unnecessary paperwork, Port Community Systems contribute to sustainable transport logistics and support the ambition of meeting global carbon reduction requirements.
The first estimates for the factoring industry worldwide in 2019 have been announced today by the FCI Secretary General at BCR’s 20th RFIX event
The most recent version of the EU Federation (EUF’s) Industry Standard Whitepaper has been recently updated and published with the finalised market data for 2018
Final analysis of data collated by the EU Federation for the Factoring and Commercial Finance Industry (EUF) shows that in 2018 factoring and commercial finance volumes in the EU grew overall by 7.9% to €1.73 Trillion, 80% of which was domestic business and 20% international.
In 2018 the world factoring industry volume continued its upward trend with a total reported figure of over 2,767 billion euro representing over 6% growth compared to the previous year.
This year marks the 100th anniversary of voting rights for women. We have the most diverse parliament in our history and our second female Prime Minister. It’s a well-known fact that… read more →
Singapore is home to more than 218,000 Small-Medium Enterprises (“SMEs”), defined domestically as firms with annual sales of less than S$100 million or less than 200 employees. These firms employ… read more →
There are more than 200,000 SMEs in Singapore making up 99% of enterprises, employing two-thirds of the workforce, and accounting for about half of Singapore’s GDP. We spoke to Mr… read more →
Whether you are an owner of a large factory, an eBay or ecommerce seller or a farmer, logistics will be the backbone of your business. It doesn’t matter how good… read more →