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Asia

Cabinet approves enactment of EXIM Bank of Pakistan

The federal cabinet on Tuesday gave an approval for enactment of the... (more…)

#Exim Bank

Almost 7 million e-invoices issued in first week of...

As many as 69.5 lakh e-invoices (invoice reference number) have been generated by 71,000... (more…)

#COVID#COVID-19#e-invoices


DBS and Standard Chartered lead industry workgroup to develop...

To enhance lending practices and improve transparency in commodity trade, DBS and Standard Chartered jointly... (more…)

#DBS


UNDP supports first factoring deal in Kazakhstan for energy...

The United Nations Development Program (UNDP), with financial support of the Global Environment Facility... (more…)

#bank#bank loan#receivables


Ant Group launches cross-border trade platform

China-based Ant Group is launching a global blockchain platform for cross-border trade... (more…)

#Alibaba#banks#blockchain


Standard Chartered completes first live transaction on new blockchain...

Standard Chartered announced the successful completion of the first cross border live transaction on... (more…)

#bank#blockchain#international


HSBC paves way for SMEs to access receivables finance...

HSBC said it has closed the first receivables financing deal on Singapore's Networked Trade Platform (NTP)... (more…)

#API#bank#guarantees


Indian Factoring Regulation Act amended to facilitate MSMEs finance

Lok Sabha on Sunday passed a bill to amend the Factoring Regulation Act that seeks to help micro, small and…

#Factoring Regulation Act


Why e-invoicing is a win-win for both government and industry

From October 1 on businesses with a turnover above INR 500 crore (US$68m) will start ‘e-invoicing’... (more…)

#digital#exports#frauds


Sheng Ye Capital partners Xiaomi Factoring to accelerate SCF...

Sheng Ye Capital Limited (SY Capital), China's first commercial factoring company listed on the main board of... (more…)

#Sheng Ye Capital


Major Asian bank issues credit on SCB-backed blockchain

The Asian Development Bank (ADB), headquartered in the Philippines, has settled its first letter of credit... (more…)

#ADB#Asian Development Bank#Contour


Banks in Bangladesh join PrimaDollar platform

Over the last few weeks, PrimaDollar has signed up 8 of the major banking groups in Bangladesh who... (more…)

#PrimaDollar

Deutsche Bank (China) provides US$43m structured trade finance facility

Deutsche Bank (China) Co., Ltd announced that it has provided... (more…)

#Deutsche Bank

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