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News
17 April 2017

Indonesian first for 75MW Sidrap wind project

The South Sulawesi project, developed by UPC Renewables and AC Energy Holdings, became the first Indonesian wind farm to reach financial close. Project financing is...

News
17 April 2017

Ripple poaches SWIFT business director

Payments company Ripple has poached Marjan Delatinne - previously business manager at messaging network SWIFT - to be its new sales director for Europe. At SWIFT,...

Perspective
17 April 2017

Shop talk: Breaking PLN's 35GW threshhold

Indonesia's 35GW power procurement plan was always ambitious. But PLN is much closer to delivery in 2019 than many were predicting. Teguh Harsono, senior manager of fund...

News
17 April 2017

Economic risks top threat rankings for firms doing business in Asia Pacific

Economic risks account for four of the five top risks associated with doing business in Asia Pacific, according to the World Economic Forum Global Risks Report 2017. The...

News
17 April 2017

Essar wins LNG terminal project at the Haldia Dock Complex

An Essar Group-led consortium has been awarded the contract to develop a Rs425 crore LNG storage and distribution facility for the Kolkata Port Trust. The project has a...

News
17 April 2017

Agrokor secures vital initial cash injection

Croatian food producer and distributor Agrokor has secured an initial cash injection of €80 million which will be used to repay some of its local suppliers. The...

News
17 April 2017

Trump says he wants to revive US Ex-Im

Donald Trump plans to revive the Export-Import Bank of the United States (US Ex-Im), his office said. Trump told the Wall Street Journal he would fill two vacancies on...

News
17 April 2017

Sanctions compliance complacency: is your organisation at risk?

It is more important than ever for companies to implement sanctions screening and fraud prevention solutions as the risks of non-compliance and exposure to fraud...

News
17 April 2017

IMF leader warns against trade protectionism

International Monetary Fund head Christine Lagarde has warned that trade protectionism would be a "self-inflicted wound" on the global economy. Without singling...

News
17 April 2017

Hanwha Total Petrochemical plans $450m Daesan expansion

The Seoul-headquartered joint venture is looking to increase ethylene production capacity at the Daesan complex by 30% to 1.4 million tonne per year. The expansion is the...

News
17 April 2017

Blockchain has power to restore trust in trade

Blockchain technology has the potential to help revive international trade at a time when protectionism and border controls put it under pressure. By ensuring that...

News
17 April 2017

The rise of APIs

Banks are increasingly using application programming interfaces (APIs) to give corporate customers direct access to bank data within their own treasury workstation or ERP...

News
17 April 2017

Summit signs 149MW Kodda power deal.

Local conglomerate Summit Group has signed a power purchase agreement with the Bangladesh Power Development Board to sell the Kodda power plant output at Tk 7.15 per unit...

News
17 April 2017

DMCC sees record 2,016 new member companies

The Dubai Multi Commodities Centre (DMCC) saw a record 2,016 new member companies in 2016, an increase of 14% on the previous year. DMCC is now home to 13,500...

News
17 April 2017

Deutsche Bank and SACE help Mexican expansion of Firmer

Deutsche Bank and Italy's SACE have finalised a €9 million initiative to sustain the Mexican expansion of Firmer, a Vimercate-based company specialised in the...

News
17 April 2017

QG Power Africa to invest $250m in Sub-Saharan projects

The new joint venture comprises of investment fund Quantum Global Africa Mezzanine, developer Independent Power Corporation and project manager Tome International.

News
17 April 2017

DBJ among consortium to finance German motorway

A global consortium consisting of KfW IPEX-Bank, DZ BANK, Development Bank of Japan (DBJ), CaixaBank and the European Investment Bank is financing the expansion of the A7...

News
17 April 2017

SWIFT unveils new payment controls service

SWIFT has strengthened its customers' existing fraud controls by announcing a new real-time payment controls service. It will enable its customers to screen their...

News
17 April 2017

Nicholas Pavlidis to head Bank of Cyprus shipping finance

Bank of Cyprus has appointed Nicholas Pavlidis, a former Royal Bank of Scotland senior manager, as head of its new shipping finance department. He will report to Louis...

News
17 April 2017

AfDB Group senior VP to step down

Dr Frannie Leautier, senior vice president of the African Development Bank (AfDB) Group, is to step down, citing personal reasons. Charles Boamah, the current...