News related to
work

Receivables financing facility enables competitive open account terms and supports international growth

SHANGHAI, CHINA – Media OutReach Newswire – 21 April 2026 – Tradewind Finance has provided a USD 2.5 million non-recourse export factoring facility to a cable manufacturer based in Vietnam. The facility, structured by Tradewind’s Shanghai office, converts export receivables into immediate liquidity and provides credit protection on buyers in the United States and Australia.

With this structure in place, the exporter maintains 90-day open account terms for its international buyers without placing pressure on working capital.

How Longer Payment Terms Strained a Manufacturer’s Liquidity

The client is a cable manufacturer with over 30 years of operating history in Vietnam. For most of that period, the company relied on advance payments and letters of credit to manage its export transactions.

As competition in global cable supply increased, buyers began requiring open account terms as a condition of continued business. The exporter transitioned accordingly, but the shift created a significant gap between production costs and the moment of payment collection.

The company had export credit insurance in place, which provided partial protection against buyer default. However, the residual risk exposure of 10 to 20 percent remained uncovered, and the insurance did not address the working capital shortfall that came with extended payment cycles. Despite a strong order book and established buyer relationships, the exporter’s cash position was under pressure.

How the Facility Works: Converting Receivables into Working Capital

Tradewind structured a non-recourse export factoring facility aligned with the client’s trade flows to the United States and Australia. The facility operates as follows:

• Advance funding: Tradewind advances up to 90 percent of each invoice value shortly after shipment, converting receivables into available cash.
• Credit protection: Because the facility is non-recourse, Tradewind assumes the buyer credit risk. By leveraging this structure, the exporter benefits from 100% credit protection against buyer default or insolvency.
• Collections management: Tradewind manages the receivables administration and collection process, reducing the operational burden on the exporter’s finance team.

This structure replaces the partial protection previously offered by export credit insurance with a more comprehensive solution that covers both the financing gap and the full buyer credit risk on approved receivables.

What This Means for the Exporter

With the facility in place, the exporter can offer 90-day payment terms to its buyers without absorbing the cash flow impact internally. Production cycles are no longer constrained by the timing of buyer payments, and the company has a predictable source of liquidity tied directly to its shipment activity.

The non-recourse structure also removes a layer of financial uncertainty. Rather than relying on insurance with residual exposure, the exporter now operates with full credit coverage on approved buyers through Tradewind’s facility.

Why Tradewind Was Selected

Tradewind was selected for its ability to structure receivables financing solutions for cross-border trade flows involving multiple buyer markets. Key factors in the decision included:

• Over 25 years of experience in international trade finance, with particular depth in export factoring across Asia, the Americas, and Europe
• Local structuring capability through Tradewind’s Shanghai office, with direct knowledge of Vietnamese export markets
• A financing structure tailored to the client’s specific trade corridors and buyer payment terms
• Consistent execution and clear communication throughout the onboarding process

A Facility Built Around the Client’s Trade Flows

“This facility gives the client a reliable source of working capital tied directly to its export activity,” said Chris Chang, Regional Commercial Director, Far East at Tradewind Shanghai. “By structuring the solution around their specific trade flows to the United States and Australia, we were able to address both the financing gap and the credit risk exposure in a single facility.”

Facing Similar Pressure from Extended Buyer Payment Terms?

Tradewind structures receivables financing solutions for exporters managing cash flow across international trade corridors. Whether you are dealing with longer payment cycles, buyer credit risk, or the operational complexity of cross-border collections, we can help you find the right structure for your situation.

Contact us at www.tradewindfinance.com to discuss how a tailored trade finance solution can support your export business.Hashtag: #Tradewind #TradewindFinance #Cable #Vietnam #Factoring #Manufacturing

https://tradewindfinance.com/
https://www.linkedin.com/company/tradewindcn/
Wechat: 德益世国际保理

The issuer is solely responsible for the content of this announcement.

About Tradewind Finance

Founded in 2000, Tradewind Finance is a global trade finance company specialising in cross-border receivables financing, export factoring, supply chain finance, and credit protection. Tradewind maintains a network of offices across Bangladesh, Bulgaria, China, Hong Kong SAR, Hungary, India, Pakistan, Turkey, the United Arab Emirates, and the United States, alongside its headquarters in Germany. By combining financing, credit protection, and collections into a single integrated solution, Tradewind helps exporters and importers manage working capital, reduce risk, and grow their international trade with confidence.

China Unicom Delivered a Masterclass in Connected Marathon Events

Marathon events typically feature high-density crowds with an extensive demand for uploads. China Unicom and Huawei turned to 5G-A 3CC on 3.5 GHz and 2.1 GHz for the event, ensuring an uplink fulfillment at 20 Mbps surpassing 99.6%, along with a peak speed of field-tested 677 Mbps. This impressive uplink performance provided consistent and reliable support for 4K/8K broadcasting and real-time collection and editing while also enabling fans to share and stream smoothly.

Such unrivalled experience is underpinned not only by high-quality networks but also flexible operations. China Unicom and Huawei used intelligent base stations to build 5G-A intelligent, elastic channels for the event. This facilitated differentiated scheduling for livestreaming, voice and video calling, and short videos to ensure smooth experiences for fans even at heavy-traffic moments.

5G-A GigaUplink Takes Embodied AI to New Heights

In a global first, the E-Town half-marathon features a pioneering format that sees human and robot runners compete simultaneously. The humanoid robots were divided into an autonomous navigation group and a remote-control group, running on the same course and evaluated using mixed timing methods. Each humanoid robot requires approximately 10 Mbps uplink for video uploads, environment sensing, gait control, and autonomous navigation. Dedicated uplink slices were reserved to ensure a positioning accuracy of up to sub-decimeter level and an average end-to-end latency of less than 30 ms throughout the racing course, which provided strong support for the video uploads, obstacle avoidance, cornering, and sprinting of humanoid robots. While offering technical upgrades to sports events, this promoted the adoption of humanoid robots on a large scale.

Qin Yang, Deputy General Manager of China Unicom in Beijing spoke proudly of the excellent connections his company provided for the 2025 World Humanoid Robot Games as a global strategic partner and the 2026 Beijing E-Town Half-Marathon event as the exclusive official communications sponsor. “5G-A and AI are essential digital infrastructure, enabling us to bring embodied AI to sports. Given the new dynamics of AI development, we will double down on our priorities over connectivity, computing power, services, and security to sharpen our competitive edges as a preferred telecom partner for intelligent sports and a core enabler for intelligent industry transformation. Moving forward, we will accelerate our innovation-driven push to strengthen our digital infrastructure and drive the high-quality growth of embodied AI in China and beyond.”

Samuel Chen, Vice President of Huawei’s Wireless Network Business Marketing, said this humanoid robot half-marathon offers a good example of deepening integration between mobile technology and embodied intelligence. “Beyond redefining connectivity for sports, it has shown us what intelligent production and life will look like in future. We are always dedicated to building excellent 5G-A networks together with operators based on user-centered innovation to ensure GigaUplink, low latency, and high reliability for differentiated mobile AI services. This will enable us to continuously drive the high-quality growth of the digital economy.”
Hashtag: #Huawei #ChinaUnicom

The issuer is solely responsible for the content of this announcement.

By Nantoo Banerjee Pakistan may be right that peace in Lebanon is essential for talks between the US and Iran. But, the key question is: will Iran’s theological regime ever ask its terror sponsor, Hezbollah, to go soft on Israel which lately launched massive waves of airstrikes across southern Lebanon, hitting over 200 Hezbollah targets, […]

The article Pakistan’s Back-Channel US-Iran Peace Negotiation May Not Work appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

This year’s ESG Achievement Awards are centred around the theme “Shaping a Resilient Future Through People and ESG,” placing a strong emphasis on ESG education and human capital development. In today’s fast-evolving landscape, organisations are increasingly recognising that sustainable success depends not only on strategy, but on equipping people with the right skills, capabilities, and mindset. This year, entrants are invited to showcase how they embed ESG into their culture, invest in talent development, and foster accountability and employee engagement in ESG across all levels of the organisation.

In addition to continuing to recognise holistic ESG excellence across environmental stewardship, social responsibility, and governance, the Awards introduce new award that reflect evolving market priorities. And the newly launched Outstanding Women Empowerment Awards will celebrate organisations that drive measurable progress in gender equality, workplace inclusion, and leadership representation.

Mr Paul Pong, Co-Founder of IESGB, highlighted the significance of this year’s theme, stating, “As ESG continues to mature, we are seeing that resilience is built not only through strategy, but through people who understand how to turn ESG principles into action. This year’s Awards are designed to recognise organisations that are investing in human capital, reinforcing ESG ownership, and embedding sustainability into the way they work every day.”

Mr Vincent Pang, Chairman of the Jury Panel, shared his perspective, saying,”What truly distinguishes the strongest entries is not just ambition, but tangible evidence — measurable progress, genuine execution, and long-term impact. Under this year’s theme ‘Shaping a Resilient Future Through People and ESG,’ we are especially looking for organisations that embed ESG into their culture, invest in human capital development and ESG education, and drive meaningful inclusion and women’s empowerment.”

The Awards will continue to honour excellence across a comprehensive range of categories, covering corporate ESG performance, innovative projects, sustainable vision, talent development, and individual leadership. With a distinguished and diverse jury panel comprising experts from academia, finance, corporate governance, and sustainability, submissions will be evaluated based on impact, innovation, transparency, and alignment with ESG principles. Winners of the ESG Achievement Awards 2025/2026 will be celebrated at the prestigious Awards Ceremony Luncheon, scheduled for September 2026. The Awards continue to serve as a leading platform for knowledge exchange, peer learning, and recognition of best practices that contribute to a more sustainable and resilient economy.

Award Categories

Key Dates (Subject to change)

Jury Panel (in alphabetical order of last name)

Hashtag: #IESGB

The issuer is solely responsible for the content of this announcement.

IESGB

The Institute of ESG & Benchmark (IESGB) is a non-profit organization founded in 2020, dedicated to advancing environmental, social, and governance (ESG) practices in Hong Kong and beyond. Through professional training, certification, and industry collaboration, IESGB promotes ESG education and fosters the development of a robust and sustainable ecosystem that drives long-term value and positive impact.

Compared to the previous flagship model PR1055X launched in 2021, the new PR1060W brings significant upgrades in operational smoothness, embroidery precision, and overall productivity.

Intelligent Matrix Copy Function – Handle Large Orders with Ease

The PR1060W is equipped with an advanced matrix copy function that automatically calculates and arranges the maximum number of repeated patterns according to different hoop sizes, making full use of the available embroidery space. This feature effectively reduces fabric waste and repeated hooping procedures, significantly boosting productivity — ideal for handling high-volume orders.

For example, when using a 180 x 130mm embroidery hoop, the machine automatically duplicates the design into 4 identical patterns. When switched to the larger 360 x 200mm hoop, it can automatically replicate the design into up to 20 identical patterns.

Expanded Embroidery Area with Wireless Workflow

The PR1060W features a spacious 360 × 200mm embroidery field and comes with over 1,280 built-in designs and more than 100 fonts (including 3D fonts), offering greater creative freedom.

Once the design is ready, users can wirelessly transfer the file directly from a laptop or smartphone to the machine, eliminating complicated file transfer steps and making the workflow more efficient for both personal creations and bulk enterprise production.

10-Needle System – Multi-Color Embroidery in One Go

Equipped with 10 needles and 10 spool stands, the PR1060W can automatically switch between up to ten thread colors during embroidery, eliminating the need for frequent manual thread changes. This greatly reduces production time for complex multi-color designs.

Combined with auto-threading, auto-trimming, and jump stitch functions, the entire embroidery process becomes smoother and more stable, allowing users to complete high-quality work faster.

Advanced Camera Positioning – Significantly Enhanced Accuracy

The PR1060W is upgraded with optical camera positioning technology. Through the machine’s LCD screen, users can see the exact needle drop position in real time, enabling clear preview of the design before stitching. Even on small areas such as caps and sleeves, precise positioning is achievable, greatly reducing the risk of misalignment.

Versatile Embroidery Accessories

Brother offers a wide range of accessories* for the PR series, including specialized hoops designed for caps and socks. The machine supports automatic hoop detection, which instantly recognizes the installed hoop size and displays the available embroidery area on screen — no manual input required, making operation safer and more reliable.

In addition, the quick-release magnetic hoops secure fabric with simple magnetic attachment. They are particularly suitable for thick or delicate materials, preventing clamp marks or damage while improving embroidery quality and saving preparation time.

*Additional purchase required

Hong Kong Exclusive Local Support

Purchasers of the PR1060W enjoy Brother Hong Kong’s official warranty service, covering comprehensive repair and maintenance. Optional professional on-site installation and basic operation training services are also available, delivered by experienced local technical teams to help users quickly master the machine and start production without delay.

BE1 Embroidery Studio – Professional Design Partner

The powerful BE1* Embroidery Studio software supports high-precision complex pattern creation and fully integrates with CorelDRAW® vector editing tools. Users can easily convert photos into embroidery designs and apply various special effects, including hand-stitched and sparkling styles — ideal for highly customized projects.

*Additional purchase required

Opening a New Chapter in Embroidery Business

With its intelligent positioning, high productivity, and versatile functions, the new PR1060W makes embroidery work smoother and more efficient. Whether you are expanding a personal embroidery business or enhancing enterprise-level production capabilities, this flagship machine can be the key enabler to unlock greater commercial possibilities.

For more information on the PR1060W or to arrange a product demonstration, please feel free to contact Brother

Where To Buy

Customers can WhatsApp 3187 0505 or email [email protected] to contact a sales manager for detailed quotations, inquiries about purchasing details, product information, and after-sales service. If you are interested in learning more about product operations, you are welcome to schedule a product demonstration, and we will arrange for a product manager to assist you. For more details, please stay updated via the official website or the Brother Love DIY HK Facebook page.

PR1060W Specifications

Hashtag: #Brother #PR1060W #商用自動刺繡機 #客製化 #刺繡設計

https://www.brother.com.hk/
https://www.facebook.com/lovediy.com.hk
https://www.instagram.com/lovediy.com.hk/

The issuer is solely responsible for the content of this announcement.

About Brother Hong Kong

Founded in 1908, Brother is now a leading brand that produces quality innovative products for the print and imaging, labelling and sewing markets. Key products include laser printers, Multi-Function Centers (MFCs), fax machines, labelers, label printers, and a wide range of home and industrial sewing machines.

Brother International (Hong Kong) is one of the leading suppliers of home, office, and industrial products in Hong Kong. Established in 1994, it has been serving customers in Hong Kong and Macau for over 30 years. According to IDC’s Global Hardware Peripheral Tracker report, Brother’s A3 multifunction colour inkjet printer has been the number one in shipment volume in Hong Kong for 18 consecutive years from 2008 to 2025, reaffirming Brother’s business success in the region.

For more information about Brother, please contact us via WhatsApp at 3187 0505 or visit www.brother.com.hk.

Andhra Pradesh Chief Minister N. Chandrababu Naidu has cast Amaravati’s quantum push as a test of whether the country can build strategic technology capacity at home rather than remain tied to foreign platforms, using the launch of two indigenous open-access facilities to argue that partnership with global companies need not mean dependence. The remarks came days after the state unveiled Amaravati 1S and Amaravati 1Q on World Quantum Day, presenting the project as both a technology milestone and a political statement about capability.

Speaking in Amaravati, Naidu pushed back on questions over reliance on companies such as IBM, saying the starting point mattered less than whether domestic institutions could absorb, adapt and eventually build. He described the new facility as proof that companies and researchers in the country are capable of producing quantum systems, while acknowledging that the path to scale will involve collaboration. That framing is central to the state government’s pitch: use foreign alliances where useful, but ensure design, testing, skills and manufacturing depth are developed locally.

The immediate trigger for that argument was the April 14 launch of the Amaravati Quantum Reference Facility, or AQRF, spread across SRM University-AP in Amaravati and Medha Towers in Gannavaram. Andhra Pradesh has described the systems as the country’s first indigenously built, open-access quantum computer test beds, intended to let researchers, startups and industry users test hardware under operating conditions rather than rely only on closed imported machines. Officials say the site is designed to validate processors, cryogenic systems, amplifiers and control electronics, with access for hands-on study and benchmarking.

That matters because quantum computing remains a field in which much of the world’s high-end hardware is controlled by a small number of companies and laboratories. Andhra Pradesh officials and syndicated reports on the launch said about 85 per cent of the facility’s components were manufactured domestically, a claim being used to support the government’s assertion that a “sovereign hardware ecosystem” is now possible. The systems were developed with support from institutions including the Tata Institute of Fundamental Research, the Indian Institute of Science and the Defence Research and Development Organisation, alongside younger firms working on hardware integration.

Yet the sovereignty message sits alongside a second reality: Amaravati’s longer-term quantum ambitions still rely on international corporate participation. IBM, Tata Consultancy Services and the Andhra Pradesh government announced in May 2025 that the planned Quantum Valley Tech Park in Amaravati would seek to host an IBM Quantum System Two with a 156-qubit Heron processor, subject to export licences and final agreements, while TCS would work on algorithms and applications. Naidu himself described that project at the time as part of the National Quantum Mission and a route to job creation and industrial use cases.

That leaves Andhra Pradesh trying to strike a careful balance. On one hand, the state wants the credibility, tooling and developer ecosystem that come with IBM and TCS. On the other, Naidu is signalling that strategic depth cannot rest on access alone. His comparison with the telecom sector was meant to make that case: the country did not master mobile and network technologies overnight, but built capability over time through policy support, local firms and institutional confidence. In quantum, he appears to be arguing for the same sequence — collaborate first where necessary, but move steadily towards domestic competence.

The wider national backdrop supports that ambition. The National Quantum Mission, approved in April 2023 with an outlay of Rs 6,003.65 crore running through 2030-31, is meant to seed research, industrial development and applications across computing, communications, sensing and materials. The Department of Science and Technology says the mission aims to develop intermediate-scale quantum computers in the 50 to 1,000 physical qubit range and has already set up four thematic hubs led by IISc Bengaluru, IIT Madras, IIT Bombay and IIT Delhi. Amaravati’s project is therefore not operating in isolation; it is seeking to attach itself to a national push that is still in its build-out phase.