Payment news, March 30

Singapore outlines plans to support global commodity derivatives markets and JBIC seals financing deals.

Singapore to support global commodity derivatives market, says MAS's Kola Luu

Singapore is currently one of the key trade financing centres in Asia, said Kola Luu, executive director of the financial markets strategy department at the Monetary Authority of Singapore, in a speech last week. In Singapore, there is a good community of key trade financing and credit insurance players to support the growing intra-Asian trade and the increasing linkages with Latin America.

Speaking at the Commodity Trade and Finance World Asia 2010 conference in Singapore, Luu announced that the Singaporean government is looking into various models and evaluating how best to realise the development of a market-based institution to support the...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222