Loans

OUE Reit gets S$100 million unsecured loan facility

Proceeds will be used for capital expenditure, working capital and general funding purposes

Created in early 2020, ofi accounted for nearly 40% of the group’s total revenue in financial year 2024.

Olam unit bags US$1.12 billion dual-currency loan facility

It will be used to refinance ofi’s existing loans and for general corporate purposes

Finance minister Ekniti Nitithanprapas says the package will help increase liquidity and reduce costs through low interest rates for small- and medium-sized businesses.

Thailand plans US$8.3 billion support for small business

It includes soft loans and loan guarantees to boost liquidity

Lower interest rates have sparked interest from HDB flat owners who had taken higher fixed-rate bank packages in 2022 and 2023, and reached the end of their loan lock-in periods, says Joel Lim, associate director at Dollarback Mortgage.

More HDB flat owners refinancing to cheaper bank loans as interest rates drop to 3-year low

Lenders competing to offer attractive refinancing options means that homeowners are spoilt for choice

Nouryon was looking to push out its debt maturities by more than two years from April 2028, but shelved the deal amid concerns about higher costs in the chemicals sector.

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

Moody’s cuts Nouryon’s Q4 estimates amid macro uncertainty and weak demand in construction markets

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

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

It’s to encourage them to build or renovate properties

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.

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

China has been struggling to overcome the collapse of demand for borrowing linked to the property sector

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

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

The nation’s markets are just recovering after the social unrest, which has subsided, sparked a sell-off in stocks and bonds

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.

Chinese banks face profit squeeze as loan growth falters

Besides the lower interest rate environment, the lenders face mounting pressure to offer cheaper loans to help stimulate the economy

OCBC posted a 7% fall in Q2 net profit to S$1.82 billion, largely due to a decline in interest rates in Singapore and Hong Kong.

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

Group CEO Helen Wong describes the bank’s first-half results as “stronger than anticipated”