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10 July 2017

Opportunity of the day: San Miguel in need of technical partner for proposed $2bn WTE facility in Manila

San Miguel Corporation is planning to develop a waste-to-energy (WTE) facility as part of a $2 billion unsolicited proposal to the Philippine government for a flood...

10 July 2017

Asian agri-traders: Global funding base for global ambitions

Singapore-based commodity trader Olam’s debut European revolver is the latest signal that the Asian agri-trader label is outdated. Dramatic growth in recent years means...

10 July 2017

SAVE acquisition debt out to syndication

The debt backing InfraVia and Deutsche Asset Management’s acquisition of Venice airport operator SAVE is out to syndication. InfraVia and Deutsche agreed to buy...

10 July 2017

SocGen CIB unveils debt capital markets business hires

Societe Generale Corporate & Investment Banking (SocGen CIB) has made a number of hires within its Debt Capital Markets business. They include Andrew Menzies,...

10 July 2017

EBRD helps build new floating dock in Turkey's Marmara Sea

The EBRD has agreed a $19.5 million loan to Turkish ship maintenance yard Tersan Tersanecilik Sanayi ve Ticaret. The company will use the financing to build a new dock in...

10 July 2017

Pune Metro 3 PPP bidders shortlisted

PMRDA has short-listed three bidding groups for the Pune Metro 3 PPP project - Tata Realty Siemens, IRB in consortium with Chinese and Malaysian companies, and ILFS. The...

10 July 2017

Euler Hermes: Africa's potential remains significant despite woes

Trade credit insurer Euler Hermes says Africa's economic potential is significant despite the main continental risks of political uncertainty, the commodity...

10 July 2017

Polish regulators warn banks to steer clear of cryptocurrencies

Poland's central bank and its Financial Supervision Committee have warned in a joint statement that banks and investors should avoid dealing with digital currencies...

10 July 2017

Banks turn to AI to detect terror-linked transactions

Banks are increasingly turning to artificial intelligence (AI) to mine the vast quantities of bank data needed to detect the typically smaller transactions associated...

10 July 2017

RBC to offer VersaPay's accounts receivables solution

Canadian invoicing and accounts receivables company VersaPay has inked a deal with Royal Bank of Canada (RBC) under which RBC will give its corporate clients access to...

10 July 2017

Exmar finalises FLNG debt

Antwerp-based shipping group Exmar has raised $200 million of Sinosure-backed debt for its Caribbean FLNG project via special purpose vehicle Export LNG...

10 July 2017

Veem integrates into QuickBooks

San Francisco-based Veem, a B2B payments company formerly known as Align Commerce, has integrated its cross-border payments capabilities into accounting software company...

10 July 2017

China Growth Capital leads funding round for cross-border payments fintech Sunrate

China Growth Capital has led a series A round worth tens of millions of RMB in Sunrate, a Chinese fintech focused on providing cross-border payment and exchange-rate...

10 July 2017

How blockchain can prevent warehouse receipt fraud

Blockchain technology could help prevent fraudulent transactions in trade finance, especially in warehouse receipts, by leaving a permanent and public information trail...

10 July 2017

SABB taps Bolero to offer electronic trade documentation

The Saudi British Bank (SABB) is partnering with Bolero International to offer electronic trade documentation solutions to corporate clients. The trade bank will be the...

10 July 2017

XL Catlin upgraded to full Berne Union membership

XL Catlin has become the newest full voting member of the Berne Union, the association for the global export credit and investment insurance industry. XL Catlin will be...

10 July 2017

UKEF appoints Jem Eskenazi as CTO

UK Export Finance (UKEF) has appointed Jem Eskenazi as its chief technology officer. He will be responsible for innovation and adoption of new technologies. He has...

10 July 2017

Mizuho completes DLT-based trade finance transaction

Mizuho has completed a trade finance transaction between Australia and Japan, digitising all documentation - from issuing the letter of credit to delivering trade...

10 July 2017

Kashima Port offshore wind project awarded

Ibaraki prefectural government in Japan has awarded the 93.6MW Kashima Port offshore wind project to Kajima Offshore Wind Power, a consortium comprising Wind Power Energy...

10 July 2017

EFA Group branches into supply chain finance

Singapore’s EFA Group, an asset manager with a historical focus on trade finance, has launched a new supply chain finance (SCF) and receivables fund aimed at...