Many may think the phrase “trade finance” is really just a euphemism for financial complexity. Yet the historically paper- and manually-intensive processes are giving way to modernisation and digitisation. Pay close attention to the changes.
Before the crisis trade was growing faster than GDP. Now it isn’t, buffeted by a dangerous mix of economic and political headwinds.
Ireland is a potential beneficiary as businesses relocate from the UK post-Brexit, but this is undermined by the threatened disruption and complexities that increasingly appear to be a likely consequence.
The recent NotPetya cyberattack underlined the need for organisations to address their exposure and how to mitigate the risk.
A shortage of trained staff and a forecast declining labour market mean that radical reform will be needed to retain investors’ interest in the country, a report suggests.
Despite the country’s latest financial bailout, the outlook for Greek corporates over the next year is no better than mixed according to trade credit insurer Atradius.
The just-concluded talks on reviving the Trans-Pacific Partnership have repercussions for international trade, particularly in the absence of the US as a TPP member.
While offering a range of benefits, smart contracts also present users with major challenges and won’t fix inefficiencies in a company’s supply chain.
While protectionism has gained greater publicity in recent years, there is good reason to believe that trade barriers will continue to be removed.
Steel producer thyssenkrupp and chemicals group BASF were among the multinationals to report on their experiences at the recent SAP Ariba Live event in Prague.