MANILA, Philippines — To strengthen the competitiveness of companies involved in international trade transactions, which includes banks, manufacturers, importers, exporters, traders, lawyers, entrepreneurs, C-level executives (CEOs, COOs, CFOs) and board directors, the Center for Global Best Practices will host two special training programs this March at the EDSA Shangri-La Hotel, Mandaluyong City, Philippines:
These are
a) Incoterms 2020 (Effective Jan. 1, 2020) featuring the revised international rules in the interpretation of trade terms 9:00 a.m. to 5:00 p.m. | Wednesday, March 22. Incoterms refers to shipping trade terminologies that are crucial to all importers, exporters, traders, bankers, procurement specialists, CFOs, accountants, lawyers and everyone engaged in local and international trade. Wrongful application of these trade terminologies could be disadvantageous and costly for your firm.
b) Mastering the basics of Letters of Credits (LC) 9:00 a.m. to 5:00 p.m. | Thursday and Friday, March 23 and 24. LC is a payment instrument that is widely used in international trading of goods and one of the safest and most reliable commercial payment instruments. This unique program is filled with best practices cases and examples, insights and advice on saving costs in LC operations that bankers will never tell you, bad tricks used by some companies to victimize others, liabilities of banks, remedies in discrepancies and more!
Both programs will empower participates and their organization when dealing with international suppliers, bankers and traders.
Singapore-based and International Chamber of Commerce-accredited trainer and subject matter expert, Victor Tan, MBA (Strathclyde), ACIB, MinstAM, is an authority in the field of trading and banking with more than 15 years of banking experience covering the areas of international trade finance, remittances, guarantees, import and export departments. He has worked with various international banks since 1977 starting with Standard Chartered Bank, Amsterdam-Rotterdam Bank, Bangkok Bank, Royal Trust Merchant Bank and lastly Barclays Bank, where he was deputy head, trade finance.
Since 1992, he has been conducting highly specialized training in Jakarta, Bangkok, Singapore and Philippines — including Bangko Sentral ng Pilipinas and US Embassy in Manila. He also holds a Master of Business Administration degree from University of Strathclyde, UK and is a qualified life associate member of the Chartered Institute of Bankers, London.
Registration is open to the general public. For details and a complete list of other Best Practices programs, visit www.cgbp.org You may also call Manila lines (+63 2) 8556-8968 / 69 or (+63 2) 8842-7148 / 59.
CGBP is an accredited training provider of Bangko Sentral ng Pilipinas, Anti-Money Laundering Council, Securities and Exchange Commission, PRC-Board of Accountancy, DILG-Local Government Academy, Governance Commission for GOCCs, and Civil Service Commission.