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Asia

ChemOne signs US$300m non-recourse receivables finance facility with MUFG...

Singapore-based petrochemicals, green energy and natural resources conglomerate ChemOne Group, has signed a binding definitive facility agreement with MUFG Bank (Malaysia) Berhad, a part of leading global financial services group, MUFG (Mitsubishi UFJ Financial Group) for the Pengerang Energy Complex...

#bank#financial services#MUFG

Mumbai-based SCF services company, Veefin, forms subsidiary

Veefin, a rapidly expanding supply chain finance (SCF) company headquartered in Mumbia, has just formed a new subsidiary, Finfuze Software…

#financial services#supply chain finance#Veefin


FundSpace and BPC Lending partner to fund Philippine’s MSME

Fundspace, a loan aggregator startup under Globe Telecom Inc.'s corporate venture builder - 917Ventures, has partnered with BPC Lending Inc.…

#MSME finance


InvestaX and Vayana collaborate on innovative debt-based financial solutions

Vayana and InvestaX have announced a strategic partnership at the Singapore Fintech Festival 2023, aiming to revolutionise the availability of…

#debt finance#tokenisation#Vayana


Red Fort Capital launches invoice discounting in India

Red Fort Capital Finance Company Private Limited (Red Fort Capital), an Indian Non-Banking Financial Company (NBFC) MSMEs lender, has just…

#bank#Flexible Funding#invoice


H&M and DBS bank join forces to finance decarbonization

H&M Group is taking a leadership position in establishing collaborative financing solutions that enable the necessary decarbonisation of fashion supply…

#DBS#supplier finance#sustainable financing


Standard Chartered and IFC launch $200m trade finance programme...

Standard Chartered Bank Pakistan Ltd and the International Finance Corporation (IFC) have launched a groundbreaking $200m rupee-equivalent trade finance initiative…

#bank#international#smes


Asialink Finance to employ CIBI’s credit scoring solutions

Asialink Finance Corp., a financing firm focused on micro, small and medium enterprises (MSMEs), has tied up with credit risk…

#credit risk management#credit scoring


MAS partners industry to develop generative AI risk framework...

The Monetary Authority of Singapore (MAS) today announced the successful conclusion of phase one of Project MindForge [1] which seeks…

#AI#Monetary Authority of Singapore#risk


India’s Yodaplus DocuTrade digitises Bill of Lading

Yodaplus DocuTrade in a collaborative endeavour with its ecosystem partner XDC Trade Network, has successfully executed a pioneering transaction by…

#blockchain#eBL#tokenisation


SME Corporation Malaysia and Funding Societies to provide US$1.27m...

SME Corporation Malaysia (SME Corp.), an agency under the Ministry of Entrepreneur and Cooperatives Development (MECD) and Funding Societies, a…

#Chai Kien Poon#Funding Societies#MSME finance


South Korea plans to inject almost US$60m in trade...

According to a press release, South Korean government plans to inject 78 trillion won... (more…)

#trade credit insurance

Zetrix launches SCF pilot in China

Zetrix, a leading public blockchain platform that is powering digitisation of cross border trade, has announced the commencement of a…

#Bank of China#supply chain finance

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