Global news and insight for corporate financial professionals
Mongolia, which has been growing at double-digit rates since the short recession that followed the global financial crisis, is struggling to find the right path in making use of abundant resources to improve the lives of its citizens, while providing a stable and fair business environment for investors.
Asia is often portrayed as a land of milk and honey, where liquidity and capital flow freely, and high levels of economic growth continue to attract foreign investors. But not all countries in Asia it seems are reaping the benefits ...
THE NEW NORMAL By Hilary Johnson More companies than ever are launching supply-chain finance programs to reduce costs, ensure the stability of their supply chains and improve working capital efficiency. And growing competition among program vendors is making it easier ...
GOING GLOBAL AND MOBILE By Karen Kroll Companies are increasingly using e-payments and looking at mobile channels. But moving money electronically cross-border can still be an issue. The ways in which organizations are paying their suppliers and business ...
BRAZILIAN PORTS OPEN TO PRIVATE INVESTORS By Antonio Guerrero The Dilma Rousseff administration signed into law new regulations that open the country’s ports to greater private-sector investments. Approved in June, the policies are expected to help attract ...
UNLOCKING HIDDEN POTENTIAL By Anita Hawser and Paula L. Green Global Finance presents the winners of its annual awards for the Best Supply Chain Finance Providers globally and by region. Five years have passed since the global financial ...
A GLOBAL CONNECTION SWIFT’s annual Sibos conference is just around the corner, and this year attendees will gather in Dubai. With Middle Eastern companies following the trend now seen in many emerging markets and increasing the sophistication of their ...
MILESTONES: US-COLOMBIA By Forrest Jones The free-trade agreement between Colombia and the United States spent years stalled in the US Congress, but it just celebrated its one-year anniversary in May, and both sides are hailing the deal as ...
THE GREAT DIVIDE By Susan Kelly As inter- and intra-regional trade in emerging markets continues to grow, the gap between needed and available trade finance is also on the increase. But new financing sources and new tools offer the ...
THE CONTENDER
Cambodia is emerging as a key investment destination—and potential consumer market—for companies focused on Southeast Asia. After more than a decade of 6%-plus growth—with just one hiccup during the global crisis in 2009—this nation of 15 million people has begun attracting serious interest.
MILESTONES: GLOBAL By Erik Heinrich Japan has been invited to participate in negotiations that extend the reach of Nafta into South America and the Asia Pacific region. Other members of the Trans-Pacific Partnership (TPP), expected to be the world’s ...
NURTURING GLOBAL BREADBASKETS By Justin Keay It is time to address developmental roadblocks globally if the world’s food supplies are to meet demand over the next 40 years. There is probably no industry where the basic laws ...
NEW OIL REFINERY TO NEARLY DOUBLE NIGERIA’S OUTPUT By Antonio Guerrero Aliko Dangote, head of the Dangote Group and ranked as Africa’s wealthiest man, will invest up to $8 billion to build a new oil refinery complex in his ...
East Africa is a hotbed of new oil and natural gas finds. Most countries are taking a slow and measured approach to developing their resource boon, but will they avoid the resource curse that plagued many early-developers?
MEETING POINT By Dan Keeler Panama is working hard to become the dominant corporate hub in Central America. With its stable and open economy and its uniquely favorable location as the bridge between North and South America, ...
CHEVRON BOOSTS ITS INVEST-MENT IN AFRICAN BLACK GOLD By Antonio Guerrero Global oil group Chevron approved a $5.6 billion development project in Angola. The Mafumeira Sul offshore oil field will be its second-largest African investment, after the Agbami ...
VIVID LANDSCAPE IN FOREST PRODUCTS By Antonio Guerrero Despite currency volatility and slowing demand from China and Europe, Brazil, Chile and other key Latin American markets continue to churn out wood pulp for export, and the sector is ...
By Gordon Platt GLOBAL WINNERS BEST TRADE FINANCE PROGRAM International Finance Corporation (IFC) IFC, a member of the World Bank Group, offers programs that focus on supporting trade in areas that have the greatest impact on the poor. Georgina Baker, ...
EMBRACING THE MODERN ERA By Gordon Platt Global Finance presents the winners of its annual trade finance providers awards, incorporating the results of our first-ever trade finance readers’ survey. The ancient business of financing trade is now ...
By Gordon Platt REGIONAL WINNERS AMERICAS Citi With its extensive presence in the US, Canada and Latin America, Citi is the largest service provider for private-labeled letters of credit and open account transactions. The bank’s global footprint enables it to ...