The fashion export market in Asia exhibited resilience in May, as major production hubs like Bangladesh, China, India and Vietnam continued to respond to demand from key Western markets. Economic factors impacted the sector, leading to a mixed picture for the near-term prospects of the industry. Bangladesh Bangladesh’s fashion export industry faces a complex economic […]
Month: June 2024
IFC partners with Li & Fung, LFX and Air8 to support SME growth and digitalization
In June, Air8 embarked on a strategic partnership with the International Finance Corporation (IFC) to enhance supply chain sustainability. With the support of LFX and Li & Fung, this alliance represents a major leap towards a greener and more responsible supply chain. Back Row: Riccardo Puliti, Regional Vice President for Asia and the Pacific […]
Innovating Textile Trade: Air8’s data-driven approach to empower SME exporters
In an interview by Just Style Magazine with Alvin Ho, the President of Air8, Alvin shared how innovation transforms textile trade for growth. Just Style: Can you outline Air8’s origins and the mission and vision of Air8? Air8 has been created in late 2021 to address the widening working capital gap, particularly for SME exporters […]
Trade Financing explained: It’s not just about providing cash
In a recent interview with Anushruti Singh from SME Futures, Alvin Ho, President of Air8 explained the concept of trade financing. In today’s market, goods flow seamlessly from one corner of the world to another. However, behind this seamless exchange lies a complex web of financial instruments and solutions collectively known as trade financing. […]