24/02/2017
In two appeals on the validity of demands under standby letters of credit (SBLCs) and the application of the fraud exception, the Court of Appeal has ruled in each case that: the beneficiaries were entitled to demand payment under the SBLCs; they had not acted fraudulently in issuing the demands; and there was no basis for restraining the relevant banks from paying against the demands...
23/02/2017
MANILA, PHILIPPINES (16 February 2017) - The Asian Development Bank's (ADB) Trade Finance Program (TFP) has issued its first guarantee for Myanmar, supporting the import of fertilizers from Italy...
10/02/2017
Announced today, the project could prove telling in its impact with shipments and transactions of goods in one of the world's major trading hubs...
08/02/2017
Below, we reproduce a document that posted to the Blog...