Trade & Supply Chain Finance

The move is part of the group's strategy to oversee corporate treasury, retail business and international expansion; its chain Urban Revivo has also opened a store in TST.

China, India, Vietnam, Korea, Japan, Bangladesh, Malaysia, Taiwan, Cambodia, Thailand, Pakistan and Indonesia to be hit particularly hard by US tariffs on imports announced on April 2; many fear the move could spark a global trade war.

US president Donald Trump appears to be moving ahead with tariffs on Canadian and Mexican goods, and additional tariffs on China. China has since placed retaliatory tariffs on many US products including soybeans, chicken and dairy products, of up to 15%.

There is an emphasis on facilitating the movement of cross-border goods and people.

The storm caused disruption across ports and airports, killed at least 17 people, and the damage set to take months to clear up; it is also happened before the recovery in Florida from Hurricane Helene had finished.

Firms in the garment and pharmaceutical sectors are navigating severe turbulence in their businesses. The new government is trying to shore up FX reserves, bank balance sheets, keep inflation under control, and deal with flooding that hit over five million people in August.

The move is a first in Asia for the global chemicals firm, uses sustainability rating platform EcoVadis and will incentivise companies in the supply chain with lower interest rates.

The People's Bank of China is stepping in to curb a rush into sovereign debt amid economic weakening, a rare move aimed at stabilising the financial markets.

Digital solutions providers such as Surecomp are embracing the move that will allow companies to electronically transfer trade documents for improved efficiency and cost savings.

Banks join 12 others to co-develop trade registry proof-of-concept in move supported by Singapore government and endorsed by lenders’ association.

Fintech is moving mainstream as Standard Chartered announces successful letter of credit transaction between Vietnam and Thailand

Paperless trade is moving up the value chain as heavy-hitters such as Rio Tinto and Baosteel conduct the first paperless iron ore deal in renminbi