Loans
Millions-strong Myanmar diaspora fuels Thai market from craft beer to credit
The community spends over 221 billion baht a year, creating a new consumer market for the kingdom
Singapore households’ net wealth up, but also taking on more debt such as home loans
This marks the 10th straight quarter in which household borrowing has picked up pace
PBOC tells Chinese banks to boost May lending as credit weakness persists
Household and corporate loan demand has remained weak this month
Singapore-based Digital Edge closes US$575 million loan to fund Asia-Pacific expansion
The company will use the money to continue expanding in markets including South Korea, Japan, India and South-east Asia
Aims Apac Reit secures sustainability-linked loan facilities of S$450 million, A$160 million
It has also clinched a A$115 million syndicated loan with a green tranche of A$50 million
China’s US$3 trillion of hidden bad debt prolongs economic pain
Chinese banks are also accelerating write-offs and transfers of bad assets
MUFG affiliate Jaccs acquires 49% of Singapore’s CarTimes Capital as part of regional expansion
This follows a similar move in Malaysia last year as Jaccs increases its automotive footprint in South-east Asia to six markets
Sembcorp picks banks for A$3 billion Alinta loan in Aussie push
The loan arrangers are ANZ Group Holdings, DBS Group Holdings and OCBC, sources say
Chinese banks boost loans to tech sector as Beijing ramps up AI push
Tech financing had been made a priority
Asian banks’ billions in Gulf loans at risk amid Middle East turmoil
Tensions in the region add another layer of instability to global economy
