TFC CAPITAL TO ZIMBABWE
TFC Capital Ltd, Samoa the investment banking business of TFC Financial Group has applied to the relevant Authorities to set up a new subsidiary in Zimbabwe.
As the application proceeds we will report further.

TFC BROKERAGE SUPPORTING THE TURN AROUND IN ASIA
TFC Brokerage continues to be integrally involved in the risk management procedures of financial institutions and corporates. We have recently created several credit and political risks mitigations; including a trading company involved in fisheries commodities where current credit lines and flexibilities from their current export credit agency were greatly improved by a private market carrier (in contradiction to much recent media reporting).

During a recent European trip, TFCB’s Managing Director, Mr. Mark Cooper was involved in the annual specialist trade credit and political risks insurance market review in London. A consensus view, from the attendees, indicated the worst of the economic crisis has yet to be seen. A combination of restrictive lending practices, increased regulation and increases in banking spreads will require the insurance industry to continue to play its part in enabling international trade.

Claims already paid in 2009 have clearly shown the importance and success of specialist insurers, bankers and intermediaries in the trade finance arena and TFCB looks forward to continue its central role within Asia trade and project finance.’

PHNOM PENH SEES REWARDS IN SUPPORTING AGRICULTURAL PROJECTS
TFC Capital (Cambodia) Pte Ltd, the Group's Investment Bank in Cambodia is supporting the development of rice growing in Cambodia.

After 10 months of promoting and networking, TFC's Cambodia Office is now on the verge of a breakthrough in bringing investors into the Cambodian Agricultural sector. Two major rice traders and cultivators and a milling giant have visited Cambodia on the introduction of TFC Capital Cambodia. A preliminary MOU is expected to be in place by end of this year and a pilot program for cultivation of rice is expected to commence by first quarter of 2010. TFC Capital (Cambodia) is also developing rubber and palm oil production. This month TFC Capital (Cambodia) participated with its rice growing partners in The Rice Trader, World Rice conference in Cebu, Philippines.

The Managing Director, Mr. T. Mohan will now focus on bringing these agricultural projects to completion whilst Ms. Mona Mom will manage the existing business development and portfolio of deals.

TFC资本在辛巴威
贸易融资金融集团之银行投资业务已向辛巴威政府申请成立新子公司。若有进一步消息将会再作公佈。

贸易融资保险顾问支持亚洲地区復甦
贸易融资保险顾问继续积极投入金融机构及企业风险管理程序，我们最近增设多个信贷及缓和政治风险措施，其中包括一家从事渔业买卖业务的贸易公司，现有之信贷额及弹性度均因為一家私人运输企业而大大提升。

贸易融资保险顾问之董事总经理，Mr. Mark Cooper在最近一次欧洲旅程中，参与在英国伦敦举行的贸易信贷及政治风险保险市场研讨会议。观参与者之意见， 反映最恶劣之经济困难将会出现。 一连串之严谨借贷措施，加强法例，以及增加银行之风险分担也令保险业界在国际贸易中发挥其重要角色。

在2009年间已完成之索偿个案已清楚显示专门保险从业员，银行家，及中介企业在贸易融资范畴之重要性及成功性。贸易融资保险盼望能继续在亚洲贸易及项目融资上担当中央角色。

金边支持农务事业可见回报
TFC资本(柬埔寨)，本集团在柬埔寨之投资银行业务，支持柬埔寨稻米种植发展。
经过十个月时间的宣传及交际网路， TFC资本(柬埔寨)办事处一直在突破，接近引入投资者进军柬埔寨农务事业。两位重要粮米交易商及种植商，以及一位磨坊巨亨為进一步认识TFC资本(柬埔寨)而到访柬埔寨。初步的谅解备忘录将於本年底前完成，而有关种植之试验计划亦预计於2010年第一季前落实。

除此以外，贸易融资亦专注发展橡胶及欖树油生產。TFC资本(柬埔寨)参与在本月在菲律宾宿雾举行之世界粮米高峰会。

TFC是一家以香港为基地的财务服务供应机构。如需更多的相关资料，请到我们的公司网站www.tfcfinancialgroup.com    浏览或以电邮  tfc@tradefinancecorp.com    联络我们。