Business : China Construction Bank makes move to build regional digital trade platform


Source: bernama.com bernama.com

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|COVID–19 NEWS| By Jailani Hasan LABUAN, July 15 -- China Construction Bank (Malaysia) Bhd (CCBM) and China Construction Bank Corporation Labuan Branch (CCBL) have signed a memorandum of understanding (MoU) with three firms to build a comprehensive “regional single window” (RSW) digital platform to facilitate trade. The RSW has been mooted to promote international trade facilitation with major trading partner nations and to assist small and medium enterprises (SMEs) in export and import financing through an ecosystem approach. It is an artificial intelligence-based trade facilitation digital platform that connects trade finance, insurance and logistics in one single marketplace. In a...