Singapore’s Commodities Intelligence Centre Signs Investment Agreement to Establish Its Overseas Digital Trade Platform in Chongqing’s Guoyuan Port

SINGAPORE, Jun 17, 2021 – (ACN Newswire via – Singapore-based Commodities Intelligence Centre (CIC) has signed an investment agreement with Chongqing Liangjiang New District Management Committee. The agreement will see an investment commitment of RMB 10 million (S$2.07 million) by CIC to establish its overseas digital trade platform in China’s Guoyuan Port in Chongqing […]

Trade panel to streamline Customs processes to aid small businesses

The newly established committee for trade facilitation is expected to help micro-, small-, and medium-sized enterprises (MSMEs) to be more active in international trade and widen their access to international goods and services, Finance Secretary Carlos G. Dominguez III said. During its first meeting Wednesday, Mr. Dominguez said the Philippine Trade Facilitation Committee (PTFC), which […]

Foreign ownership curbs seen limiting PHL digital integration with region

RESTRICTIONS on foreign participation have limited the Philippines’ integration with digital trade networks in the Asia-Pacific, the Philippine Institute for Development Studies (PIDS) concluded in a study. The report, How Ready Are We? Measuring the Philippines’ Readiness for Digital Trade Integration with the Asia-Pacific, found that the Philippines has a slightly restrictive policy and regulatory environment for […]

DiMuto and OPAL Announce Agrifood Fintech Partnership to Tackle Trillion Dollar Global Trade Finance Gap

SINGAPORE, Apr 30, 2021 – (ACN Newswire via – DiMuto, a global agri-fintech trade solutions company that provides end-to-end supply chain visibility for global agrifood trade, has partnered with OPAL, a Major Payment Institution (MPI) licensed by Monetary Authority of Singapore (MAS), to provide payment services on the blockchain-powered DiMuto Platform. Lim Ming Wang, […]

S.A.M. Trade (Asia) Pte Ltd (OTC: SMFX) begins US OTC trading

St Vincent & the Grenadines, Apr 14, 2021 – (ACN Newswire) – Global trading broker Samtrade FX Ltd. (Samtrade FX, the “Company”), together with its subsidiaries (the “Group”), announces that its affiliate, S.A.M. Trade (Asia) Pte Ltd, commenced trading March 31 on the US OTC markets under the symbol SMFX.Sam Goh, Founder and Chief Executive Officer of Samtrade FX, […]

Duterte, Putin  talk vaccine, security, trade in teleconference

PHILIPPINE President Rodrigo R. Duterte and Russian leader Vladimir Vladimirovich Putin held a teleconference on April 13, discussing coronavirus vaccines, security ties, and trade opportunities.  The phone conversation, which lasted around 30 minutes, was held in time for the 45th anniversary of diplomatic relations between Manila and Moscow, according to the presidential palace. Mr. Duterte […]

PHL seeking aerospace, electronics deals with France

THE GOVERNMENT is pursuing trade and investment deals in aerospace, electronics, and shipbuilding with France, the Department of Trade and Industry (DTI) said. The DTI held an online meeting with newly-appointed French Ambassador to the Philippines Michèle Boccoz on March 31, during which the parties also discussed trade and investment in clean energy, agribusiness, and […]

Tiger Brokers To Be The One-Stop Online Trading Solution For Investors; Adds Two New Trading Services

SINGAPORE, Feb 4, 2021 – (ACN Newswire) – Xiaomi-backed online trading platform Tiger Brokers Singapore today announced the launch of two new services on their platform – Daily Leveraged Certificates (DLCs), and US-listed over the counter (OTC) stocks, designed to help seasoned investors looking for a full suite of investment options to diversify their portfolios. […]

‘More stable’ global economy under Biden presidency to benefit Philippines

THE PHILIPPINES is likely to benefit from a more stable world economy and subdued geopolitical tensions after United States President Joseph R. Biden, Jr. took office on Wednesday. In his inauguration speech, Mr. Biden offered a message of reconciliation, as the United States looks to restore alliances around the world (Related story on S2/8 ). […]

Singapore online brokerage Tiger Brokers sees strong retail investor growth in Q4 2020 with 108% increase in new user sign ups

SINGAPORE, Jan 20, 2021 – (ACN Newswire) – Xiaomi-backed online brokerage Tiger Brokers Singapore (Tiger Brokers today announced that they saw 108 per cent growth in the number of new investors in Q4 2020 as compared to Q3 2020, with trading volume increased by 215 per cent also on a quarter on quarter basis. […]