Treasury

US president Donald Trump has threatened to increase 25% tariffs on Indian goods, which could hit the pharmaceutical sector hard; the RBI is expected to keep rates steady. There has been some good news for Asian countries in the last few weeks, but much is still in flux.

The facility has been designed to help mid-sized Korean shipping firms through time charter agreements; it is being supported by Crédit Agricole, Barclays and OCBC.

Firms with parent companies overseas in 2024 grew 10% in the city while almost 500,000 have applied to come under talent schemes; in addition, tourism has increased 12% to 24 million in the first six months of this year as the government releases a new business report.

The aim of the Austrian manufacturing group subsidiary is to help develop the country's data strategy through creating an integrated circuit substrate facility at Kulim Hi-Tech Park.

The US is expected to impose 19% tariffs on Indonesian goods; meanwhile, Trump's wider tariff regime is starting to have a more pronounced impact on US inflation.

Amid the uncertainty a US giant has suspended some apparel orders from the country, which is competing with the likes of Cambodia and Vietnam; meanwhile government export subsidies are set to decrease.

The pause in rate hikes was meant to bring relief. Instead, Asia’s treasurers are confronting a new kind of uncertainty – one where FX volatility, not funding cost, is driving strategic risk decisions.

Oversubscribed more than 2.8 times, Kingboard Holdings’ latest HK$8 billion green loan highlights strong lender confidence as the company ramps up regional expansion and emissions-cutting investments.

Many Asian corporates, such as Tata International, are taking a leading global role in trade finance digitisation as they look to boost balance sheets and ensure continued access to credit.

The HKEX-listed Canadian oil driller has filed a share issuance to its creditors to pay for HK$38.4m worth of debt, amidst the company’s painful restructuring process.

Payment Connect, which currently involves 12 financial institutions, links Hong Kong's FPS with China's IBPS, and went live on June 22.

Despite operating in challenging market conditions, loan issuers in Asia continue to support companies across multiple sectors, such as aviation and telecommunications, in their quest to access sustainable finance; CT spoke to corporates and banks about the landscape.