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ExxonMobil with BAML and China CITIC has driven the use of electronic bill of lading (eBL) in Asia with its shipment from Singapore to China via the essDOCS online platform.
Thomas Tan, CIMB global sales, FX and transaction head offers advice to companies considering billing in local currencies to obtain better trade terms and improve group-wide hedging strategies.
RBS and Bank of China announced their first commodity transaction using the Bolero electronic trade finance platform, following deals executed by Japan’s Mizuho Bank in March and China CITIC Bank last November.
AirAsia Berhad named Vijay Gopalan as chief financial officer of AirAsia India on August 19, in a move aimed at bolstering the management of its new joint venture with Tata Group and Telestra Tradeplace.
American scalable storage and data security firm Imation Corporation has sought a back-up liquidity line of 2 billion yen ($20 million) for its Japanese unit from GE Capital, based on the latter’s accounts receivable ...