A 2GW facility being proposed for Dak Lak province by local developer Xuan Thien Daklak has received a government licence.   A Memorandum of Understanding  was...

With more to do and with fewer resources available, treasury professionals are calling for a better experience from banking services and systems. The banking portals...

Ocean shipping electronic marketplace INTTRA has acquired Avantida, a provider of digitised empty container logistics for ocean carriers. Avantida's CEO says the...

Fintech group Edenred is launching an accounts payable solution and deploying a virtual card tool after teaming up with CSI globalVCard. It said the solution offers...

Taiwan-headquartered technology giant Foxconn has completed a blockchain prototype called Chained Finance. It is designed to connect non-bank lenders with suppliers who...

Vietnam will launch in May or June a derivatives market targeting public stocks and government debt in an effort to boost foreign investment. The market will allow...

The Bank of China and the Industrial and Commercial Bank of China have arranged an estimated $1.5 billion for the oil shale-fuelled, mine-mouth power plant in Jordan....

The Japan Bank for International Cooperation (JBIC) and Bank of Tokyo-Mitsubishi UFJ (BTMU) are set to agree $180 million in financing for three offshore patrol vessels...

Banco Sabadell has chosen AxiomSL's strategic platform to automate its regulatory reporting. It will use the platform, which features native XBRL functionality, to...

The Export-Import Bank of Korea (Kexim) and Korea Trade Insurance Corporation (K-sure) are set to help finance Hyundai's construction of a gas processing unit in...

The Africa Finance Corporation has arranged the $350 million financing of a peat to power project in the Gisagara District. Finnfund organised the $35 million mezzanine...

The Oil and Gas Climate Initiative (OGCI) investment arm has appointed Citi as its sole bank provider for cash management and commercial cards services globally. Citi...

Citi has been appointed by the Oil and Gas Climate Initiative (OGCI) investment arm as its sole bank provider for cash management and commercial cards services globally....

There is no shortage of media hype surrounding payment terms and big companies squeezing their suppliers - but do you believe it?

Bharat Petroleum Corporation Limited (BPCL) plans to set up a petrochemicals facility at its Bina refinery in Madhya Pradesh, India. The proposed project is part of...

Ripple's new cost model helps banks analyse their end-to-end cross-border payment costs and overcome inefficiencies. Using the tool, banks enter transactional volume...

State-owned Energy Efficiency Services (EES) signed a €200 million ($212 million) loan last week with KfW to finance the planned expansion...

Blockchain will have an enormous impact on financial services, enabling new financial products to be developed and improving financial inclusion but also raising systemic...

Bulgaria's DSK Bank has selected IBM's private cloud capabilities and completed the migration of its core banking operations to IBM's data centres. It expects...

Ghana's Cocobod has sent bid invitations out to banks ahead of its annual pre-export finance (PXF) refinancing. TXF understands bids are due by 10 April...