A new policy by the Indian state aims to encourage energy production through non-fossil fuel projects in line with national government guidelines. The mainly solar...

Domestic banks are in the firing line as the world's largest companies seek to streamline their global supply chain funding, an exclusive report from market analysts,...

A joint venture including state-run Philippine National Oil Co (PNOC) and Japanese companies Mitsui and Osaka Gas will develop a LNG terminal alongside a 1.6GW gas-fired...

The Filipino multinational is to approach the government about developing the 14-metre flood-control project in exchange for rights to use Laguna de Bay waste for power...

ICS Financial Systems (ICSFS) has signed a core banking software deal with National Bank of Yemen, which is now implementing the vendor's flagship ICS Banks system....

The Council of the European Union has formally adopted a new set of rules that will govern Europe's money market fund (MMF) industry, although Luxembourg, where many...

Sixty-one per cent of SMEs have been asked to accept longer payment terms than they are comfortable with, up from 46% last year, data from the 2017 European Payment...

National Commission for Energy (CNE) will be granting a 20-year PPA to the supply tender winners of the Licitacion de Suministro 2017. Bids are expected to at least equal...

Companies in developing Asia face difficulties securing trade finance for around $692 billion of transactions - a significant portion of the estimated $1.6 trillion...

CFOs want faster access to high-quality data to enable them to make better strategic decisions, according to a new report from Adaptive Insights. Seventy-seven percent of...

Indian blockchain initiative BankChain has completed work on its first blockchain project. Clear-Chain is a permissioned blockchain that allows banks to share data...

Card companies are still failing to make major inroads at capturing B2B or B2G spend volumes, despite the proliferation of card products now available to corporates. Part...

The Union Shipping Ministry has identified 110MW of potential and is looking beyond captive consumption to meet targets. The Indian Ports Association (IPA) will plan the...

Banks must act fast to implement instant payments or risk losing market share as the SEPA Instant Credit Transfers (SCT Inst) scheme revolutionises the way cross-border...

Citi plans to expand its corporate banking operations across Asia-Pacific in response to the rising importance of China on the global trade stage. The US's retreat...

The largest renewables auction will run from May 29 to June 9, in two stages. A minimum 40% of equipment must be domestically produced and Rosatom will retool...

Liberty House and SIMEC, Sanjeev Gupta's GFG Alliance, has launched a financial services arm, Wyelands Capital. Paul Sharma, former deputy head of the Prudential...

The government intends to raise the five-year commercial loan with an expected interest margin below 200 bps over Libor. The unsecured facility would be followed by...

Uganda, Tanzania and partners Tullow Oil Uganda, Total E&P and China National Offshore Oil Corporation will turn to international lenders to raise 70% of $3.5 billion...

Metro Pacific Tollways Corp is set to finance the construction of the Cavite-Laguna Expressway (Calax), the Cebu-Cordova Link Expressway and the Cavitex C-5 South Link in...