Stay updated with breaking news from Personal Data Held. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A €241mn facility extended by the UK export credit agency for the construction of six hospitals in Côte d’Ivoire has been activated after being signed earlier this year. The deal between UK Export Finance (UKEF) and Côte d’Ivoire’s economy and finance ministry includes a combination of direct lending and buyer credit. It is accompanied by ...
The US government has taken aim at China’s solar panel industry in an effort to root out alleged forced labour from American supply chains. Meanwhile the UN has pressed the Asian giant to allow it to investigate claims of human rights abuses in the Xinjiang region. US Customs and Border Protection (CBP) issued a withhold release order (WRO) against Hoshine Silicon Industry Co Ltd, a Xinjiang-based company, on June 24. Shipments from Hoshine containing silica-based products, used to make parts of solar panels, will now be immediately detained upon entering the US. The solar industry is vulne...
Bolero, a provider of trade finance digitisation solutions, has hired Vincent Acors as its new trade finance director for the Asia Pacific region. Based out of Bolero’s Singapore office, Acors will be responsible for business operations and Bolero’s growth strategy to build on the company’s growing presence in the region, as it Acors joins Bolero from MonetaGo, a fintech company that provides digital fraud prevention solutions, where he served a short stint as head of business development for Asia Pacific. He was Prior to Bolero, Acors held various positions in telecoms-based emerging...
ING has launched a new independent company that aims to boost supply chain responsiveness to unexpected global events. Stemly, an autonomous forecasting platform for supply chains, is the first spin-out from of ING’s Singapore innovation lab. The Stemly platform uses autonomous machine learning technology to enable companies to address gaps in decision-making intelligence within supply chain operations – addressing a need that has grown in recent months. According to research carried out by advisory firm Gartner in 2019, the average forecasting error – the difference between predicted a...
The Biden administration has called for tens of billions of dollars in funding for strengthening supply chains for critical goods, after publishing its wide-ranging 100-day review into supply chains for key products. This week, the US government announced the conclusion of its 100-day analysis of supply chain vulnerabilities for pharmaceuticals, semiconductors, advanced batteries and critical minerals. The move follows an executive order (EO) on supply chains signed in late February, where President Joe Biden directed government departments to assess supply chain vulnerabilities for the four ...