Standard Chartered has gone live with its B2BeX system in Singapore, offering a web-based trade facilitation platform that, according to the organization, changes the way companies conduct trade. The solution helps businesses manage their supply chain activity by putting importers and exporters on the same platform, a move which should make them both more competitive and efficient. Companies using the platform have experienced between 25 per cent to 50 per cent efficiency gains in their paperwork and administration, according to the bank. The platform also makes available an extensive range of supply chain activities, trade-related services and access to over 20 leading service providers from the shipping, insurance, catalogue and other trade-related lines of business.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.