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In international trade transactions such as import and export of goods, the most commonly used instrument of payment is a letter of credit (LC). Unknown to many, there are many pitfalls and traps in the use of various types of letters of credit that can be risky for businesses and can lead to financial losses when done improperly.

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                    [Title] => Seminar on new ISBP set
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The Center for Global Best Practices in collaboration with the International Chamber of Commerce, will hold a two-day seminar titled “New ISBP 2013 on LC Transactions” on Aug. 27 & 28 at the Edsa Shangri-la, Mandaluyong City, Philippines.

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To help the public understand the Incoterms (shipping terms used for land, air and sea), the Center for Global Best Practices, in collaboration with the International Chamber of Commerce, will hold a pioneering MCLE-accredited seminar titled “New Incoterms: The International Rules in the Interpretation of Trade Terms” on July 4, at the EDSA Shangri-La Hotel in Mandaluyong City.
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 In international trade transactions such as import and export of goods, the most commonly used instrument of payment is a letter of credit (LC).
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The International Chamber of Commerce, in collaboration with the Center for Global Best Practices, is holding a special one-day program entitled, “Incoterms 2000: The International Rules in the Interpretation of Trade Terms.”
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                    [Title] => Bobson maker remains unfazed by competition
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Although not spared from the effects of the entry of more international brands in the market, Filipino-made Bobson apparel remains optimistic to rake in a significant growth in the Philippine market.
                    [DatePublished] => 2009-07-28 00:00:00
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VICTOR TAN

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abtest

Seminar on LC transactions set

October 10, 2014 - 12:00am

In international trade transactions such as import and export of goods, the most commonly used instrument of payment is a letter of credit (LC). Unknown to many, there are many pitfalls and traps in the use of various...

Business

Seminar on new ISBP set

August 12, 2013 - 12:00am

The Center for Global Best Practices in collaboration with the International Chamber of Commerce, will hold a two-day seminar titled “New ISBP 2013 on LC Transactions” on Aug. 27 & 28 at the Edsa...

Business

New Incoterms explained

June 13, 2012 - 12:00am

To help the public understand the Incoterms (shipping terms used for land, air and sea), the Center for Global Best Practices, in collaboration with the International Chamber of Commerce, will hold a pioneering MCLE-accredited...

Business

Seminar tackles how to import with letters of credit

August 22, 2011 - 12:00am

 In international trade transactions such as import and export of goods, the most commonly used instrument of payment is a letter of credit (LC).

Business

Incoterms seminar set in Cebu

March 21, 2011 - 12:00am

The Center for Global Best Practices, in collaboration with the International Chamber of Commerce, will hold a seminar titled “Incoterms 2010: New International Rules in the Interpretation of Trade Terms”...

Business

Know the 13 vital trade terms

February 18, 2010 - 12:00am

The International Chamber of Commerce, in collaboration with the Center for Global Best Practices, is holding a special one-day program entitled, “Incoterms 2000: The International Rules in the Interpretation...

Education and Home

Trade terms seminar up

February 4, 2010 - 12:00am

The International Chamber of Commerce, in collaboration with the Center for Global Best Practices, is holding a special one-day program entitled ‘Incoterms 2000: The International Rules in the Interpretation...

Education and Home

Bobson maker remains unfazed by competition

By Ehda Dagooc | July 28, 2009 - 12:00am

Although not spared from the effects of the entry of more international brands in the market, Filipino-made Bobson apparel remains optimistic to rake in a significant growth in the Philippine market.

Freeman Cebu Business

Seminar on vital trade terms set

March 9, 2009 - 12:00am

MANILA, Philippines - Most often, parties to a contract are unaware of the different trading practices in their respective countries.

Business

Seminar on best practices in letters of credit set

October 22, 2008 - 12:00am

The Center for Global Best Practices will hold a two-day seminar entitled, “Best Practices In Letters of Credit” ...

Business