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...
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...
Payments company Ripple has poached Marjan Delatinne - previously business manager at messaging network SWIFT - to be its new sales director for Europe. At SWIFT,...
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...
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...
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...
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...
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...
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...
International Monetary Fund head Christine Lagarde has warned that trade protectionism would be a "self-inflicted wound" on the global economy. Without singling...
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...
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...
Banks are increasingly using application programming interfaces (APIs) to give corporate customers direct access to bank data within their own treasury workstation or ERP...
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...
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...
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...
The new joint venture comprises of investment fund Quantum Global Africa Mezzanine, developer Independent Power Corporation and project manager Tome International.
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...
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...
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...
Dr Frannie Leautier, senior vice president of the African Development Bank (AfDB) Group, is to step down, citing personal reasons. Charles Boamah, the current...