Treasury

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.

As a result of the conflict, oil prices have risen ahead of the US Fed's meeting this week; meanwhile many flights have been cancelled or diverted, and the safety of ships in the Strait of Hormuz is under scrutiny.

Near-shoring, more suppliers and scoring systems are advised for Chinese retailers in reacting to tariff uncertainties.

Wendy Ooi has joined the Japanese bank from Standard Chartered, effective June 16.

The global pizza chain will sell 3.2% of its shares in DPC Dash through an accelerated bookbuild; it will keep a 3% stake.

Despite a tentative US, China deal, uncertainty around tariffs has increased demand for trade finance products from Asian corporates, as firms look to reroute supply chains, derisk and improve working capital.

The current head of ANZ Papua New Guinea will be based in Shanghai and will report to Simon Ireland, ANZ’s managing director, international.

DBS and UOB are providing a $411m loan for a joint project from Singapore data centre developer DayOne and the Indonesia Investment Authority; the aim is to supply 5% of Indonesia’s projected data centre capacity by 2029.