Supply Chain crunches may ease by second half of 2022

Supply Chain crunches may ease by second half of 2022

Supply chain disruptions aren’t expected to ease until the second half of 2022 The supply chain bottlenecks that have become a fixture of global trade will persist well into next year, according to industry forecasts, but are likely to ease by the start of 2023. A sudden plunge in goods demand at the beginning of […]
Read More
Singapore and Abu Dhabi Pilot Digital Trade Financing System

Singapore and Abu Dhabi Pilot Digital Trade Financing System

Singapore and Abu Dhabi pilot digital trade financing system The world of trade has gained a glimpse of things to come after the completion of the first ever cross-border digital trade financing pilot between two Model Law on Electronic Transferable Records (MLETR)-compliant jurisdictions. The test transaction was carried out by Singapore’s Infocomm Media Development Authority […]
Read More
ICC published a report on setting common standards for sustainable trade and associated financing

ICC published a report on setting common standards for sustainable trade and associated financing

ICC published a report on setting common standards for sustainable trade and associated financing  The International Chamber of Commerce (ICC) has today published a report setting out proposals to tackle the longstanding challenge of defining and setting common standards for sustainable trade and associated financing. The paper, developed in partnership with the Boston Consulting Group […]
Read More
The ICC publishes new global rules for digital trade transactions

The ICC publishes new global rules for digital trade transactions

The ICC publishes new global rules for digital trade transactions Following months of consultation, the International Chamber of Commerce (ICC) has now published its Uniform Rules for Digital Trade Transactions (URDTT), which it says will serve as an overarching framework for a future, fully digital, trade environment. The rules apply to each party involved in […]
Read More
Standard Chartered and Linklogis establish JV to drive sustainable trade finance.

Standard Chartered and Linklogis establish JV to drive sustainable trade finance.

Standard Chartered and Linklogis establish JV to drive sustainable trade finance. Joint venture to launch Olea, a digital blockchain-enabled trade finance platform Standard Chartered, a leading international banking group, and Linklogis, a leading supply chain finance technology solution provider in China, today announced a joint venture to establish Olea, a fully-digitised trade finance origination and […]
Read More