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News
05 July 2017

EIB invests in BaltCap Infrastructure Fund in the Baltic region

The European Investment Bank (EIB) will invest €20 million in the €100 millio BaltCap Infrastructure Fund, which finances infrastructure development across...

News
05 July 2017

SNC-Lavalin buys Atkins

The Canadian engineering company has agreed the C$3.6 billion acquisition of the consultancy company with finance including a C$880 million public bought deal offering,...

News
05 July 2017

Cross-border payments firm InstaReM raises $13m

Singapore-based cross-border payments company InstaReM has received a $13 million investment led by GSR Ventures. It says it will use the funds to build its...

News
05 July 2017

CBA launches instant payments solution on the IBAS platform

Norwegian software vendor Commercial Banking Applications (CBA) has been listed as a frontrunner service provider by EBA to support European banks in connecting to the...

News
05 July 2017

Invenergy targets $325m damages in Polish lawsuits

The US energy company is seeking legal redress after a wholly-owned and controlled subsidiary of Tauron Polska Energia engineered the termination of several 15-year...

News
05 July 2017

German business group warns of trade war with US

US President Donald Trump's protectionist approach to trade could ignite a trade war, the German DIHK Chambers of Commerce has warned.

News
05 July 2017

Kexim to finance new Philippines container port project

The Export-Import Bank of Korea (Kexim) has approved a financing package for the proposed New Cebu International Container Port in Consolacion, the Philippines.

News
05 July 2017

FPCC plans desal unit at Mai-Liao power plant

IDE Technologies has won a contract to build and operate a seawater reverse osmosis desalination plant at the Formosa Petrochemical Corporation (FPCC) facility in Yunlin...

News
05 July 2017

Containing trade finance fraud

Trade finance in Bangladesh and globally is believed to be subject to very low rates of non-performing loans, but the data used to measure this can be misleading - an...

News
05 July 2017

Indonesia moves on 240MW Sumbagut-2 peaker project

National utility PT PLN has selected a PT WIKA and TSK Electronica Y Electricidad consortium to develop the Sumbagut-2 Peaker Power Plant in North Sumatra. It will...

News
05 July 2017

Coface unveils country and sector risks worldwide

The second quarter of 2017 marked a new start for Europe, Russia and, on the sector side, for the automobile and agrofood industries in several countries, according to...

News
05 July 2017

Smaller suppliers are faster to adopt SCF

Smaller suppliers and those with higher cost of funds are faster to adopt supply chain finance than others, while onboarding tends to accelerate as suppliers see more of...

News
05 July 2017

Photon proposes largest solar project for New South Wales

The 316MW project is being developed by Dutch-based Photon Energy near Gunning, 70km south of the Australian capital. Talks are being held with Transgrid over design...

News
05 July 2017

Russia's VEB inks 6 billion yuan deal with CDB

Russia's VEB has signed an agreement to attract 6 billion yuan from China Development Bank for innovations, including the development of blockchain technologies. VEB...

News
05 July 2017

Commerzbank taps blockchain for trade finance

Germany's Commerzbank and the Dortmund-based Fraunhofer-Institute for Material Flow and Logistics have teamed up to research and develop the digitisation of trade...

News
05 July 2017

ITC wins Canadian approval for $1bn Lake Erie transmission line

ITC Grid Development has received approval from Canada's National Energy Board for the 117km Lake Erie Connector Project, planned to provide two-way transmission...

News
05 July 2017

The Philippines slashes red tape to speed up permits for power projects

Executive Order 30 issued by President Rodrigo Duterte will reduce the permit processing time on Energy Projects of National Significance to 30 days from the current...

News
05 July 2017

Raof Latiff to join DBS with key digital role

Raof Latiff is leaving his role as HSBC regional head of product for global liquidity and cash management to join Singapore-based DBS as head of digital. Lewis Sun will...

News
05 July 2017

EQT and P5 join for Global Gateway South port concession acquisition

The EQT Infrastructure III fund and the port operating firm P5 Infrastructure have acquired a 90% stake of a long-term container terminal concession in the Port of...

News
05 July 2017

Santander UK agrees tie-up with India's Yes Bank

Santander UK has signed a memorandum of understanding with India's Yes Bank to help boost UK-India trade. Santander said it would use the tie-up to offer clients...