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Bolero International Ltd., an electronic trade finance solutions provider, reports that it has opened a new office in Singapore’s Raffles Place financial district.
The new office will bring Bolero “closer to corporate, logistics and financial customers based in and operating out of the region,” according to a company statement. In addition, the company is “committed to transforming world trade using electronic trade practices to make transactions more efficient, paving the way for improved working capital, accelerated time to cash and more effective credit line management,” officials say.
In addition, Bolero has appointed a new business development director, Kay Ren Yuh, who has a “strong background in shipping and trade technology,” the company says, adding that it is “now in the process of recruiting additional technical resource and support.”
Bolero also maintains offices in London, Hong Kong, Shanghai and Tokyo.
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