Overseas news

12/11/2024

Vietnam Pavilion: A gateway to international business opportunities for European enterprises

The European – Vietnam Free Trade Agreement (EVFTA), which was officially signed in 2019, has marked a significant milestone in strengthening economic cooperation between the two regions. To facilitate international businesses, particularly European enterprises in accessing products information, finding business partners and expanding into the Vietnamese market, the Vietnam Trade Promotion Agency under the Ministry […]

24/10/2024

FCI and MonetaGo unveil global invoice registry to combat fraud

FCI, the global representative body for factoring and financing of open account domestic and international trade receivables, has announced a new partnership with MonetaGo, a leading global provider of fraud prevention technology. The partnership will grow the adoption of enhanced fraud prevention measures, including interoperable receivables recording centres, to drive meaningful action in combatting fraud […]

16/10/2024

Poland set to become industrial and logistics powerhouse

According to Savills latest Spotlight report, Poland has just 5.8 years’ worth of available industrial & logistics development land, 20% less than the UK. The firm believes this should dispel common myths about the Polish market, unlocking significant investment potential. One criticism commonly levelled at the Polish logistics market when compared with other western European […]

10/10/2024

Vietnam is the most improved place to do business, according to EIU’s Business Environment Rankings

A long-term study of EIU’s proprietary Business Environment Rankings (BER) reveals that Vietnam improved its business environment the most between 2003 and 2023. The country achieved a 1.7-point forecasted improvement between 2003 and 2028 (out of 10), the highest of 82 countries. Vietnam’s meteoric rise in the index is due to its adoption of several […]

23/09/2024

Commerzbank and Deutsche Börse subsidiary Crypto Finance join forces

Commerzbank and Crypto Finance, a subsidiary of Deutsche Börse, are now offering Commerzbank’s corporate clients in Germany secure and easy access to crypto assets. The joint service will initially focus on bitcoin and ether, targeting selected existing Commerzbank corporate clients in Germany. Under this strategic partnership, Commerzbank will manage the custody of digital assets, while […]

11/09/2024

Belgian economy expected to post broadly stable third-quarter growth of 0.2%

Belgian economic growth came in at 0.2% in the second quarter of 2024. We currently expect GDP growth to remain stable in the third quarter. According to the latest statistics, Belgian economic growth came in at 0.2% in the second quarter of 2024. This is in line with the NAI’s earlier flash estimate but lower […]

12/08/2024

ClearBank secures Dutch banking licence and expands to Europe

ClearBank, the enabler of real-time clearing and embedded banking, today announced it has expanded into Europe, working to fulfil client demand for Euro settlement and accounts. The newly established ClearBank Europe N.V. secured a Credit Institution Licence from the European Central Bank, under the supervision of De Nederlandsche Bank. The licence underlines the bank’s leading […]

30/07/2024

Summer of extremes in France

An alliance of left-wing parties pulled off a surprise victory in French parliamentary elections and is now the biggest force in French politics. The results were unexpected, with polls predicting National Rally would emerge as the dominant force after a commanding performance in the first round of voting last week. How this election translates into […]

10/07/2024

Linkflow Capital: SME loan interest rates spike to 8.16% in 2023

Linkflow Capital’s annual SME financing research shows a significant tightening of credit conditions for Singapore SMEs in 2023, with average loan quantum dropping 42% to $130,000 from $224,000 in 2021. The study, based on data from 2,466 unique users of Linkflow Capital’s SME loan comparison portal, reveals that average business loan interest rates spiked to […]

08/07/2024

More investment in skills development is key to Africa’s growth potential

Improving access to, and the quality of, skills development will help Africa harness the growth potential of a fast-growing and increasingly skilled workforce of young Africans, according to the 2024 edition of Africa’s Development Dynamics: Skills, Jobs and Productivity, published today. 85% of the total expected increase in the global working-age population by 2050 will […]

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