The Business Times

Loans

Energy & Commodities

GIC, Carlyle-backed chemicals firm Nouryon shelves US$5.8 billion loan amid investor unease

The plan is to build 3 million affordable houses a year and address a supply gap that the country’s 280 million people face.
Property

Indonesia to subsidise loan interest for small-scale developers, homeowners

Despite the government’s effort to funnel cheap credit into manufacturing and the high-tech sectors, overall loan demand remains sluggish as corporate profits thinned and jobseekers face gloomier prospects.
Banking & Finance

China’s credit expansion slows on weak demand, slower bond sales

Pertamina’s shipping arm is seeking a separate loan of about US$700 million for the construction of vessels.
ASEAN Business

Pertamina seeks US$2.5 billion loan as Indonesia dollar deals rise

Net profit of Industrial and Commercial Bank of China is estimated to fall 0.8% year on year in the first half, analysts' forecasts show.
International

Chinese banks face profit squeeze as loan growth falters

OCBC on Friday posted a 7 per cent fall in Q2 net profit to S$1.82 billion, largely due to a decline in interest rates in Singapore and Hong Kong.
Companies & Markets

OCBC warns of greater challenges in H2 as ‘chain reaction’ from US tariffs unfolds

The bank was also compensated for lost profits it could have earned through lending its funds to other customers.
Banking & Finance

UOB awarded S$17.7m in civil suit against Lippo Marina Collection over inflated housing loans

Hong Kong’s banks are coming under increasing pressure to offload loans backed by real estate assets after rolling them over or amending the original terms in the past to avoid writedowns.
Global Enterprise

Hong Kong’s US$25 billion pile of soured debt spurs talks to form ‘bad bank’

Signage at the New World Tower, which houses the headquarters of New World Development Co., in Hong Kong, China, on Thursday, Sept. 26, 2024. New World Developmen suspended trading of its shares in Hong Kong on Thursday morning, amid reports that Chief Executive Officer Adrian Cheng is poised to step down. Photographer: Leung Man Hei/Bloomberg
Property

New World closes record US$11.2 billion loan refinancing deal

The Bank of Thailand logo is pictured in Bangkok, Thailand, January 30, 2025. REUTERS/Chalinee Thirasupa
International

Thai household debt drops to five-year low as new loans shrink

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