Retailer Express holds talks for bankruptcy financing
RETAILER Express is asking its lenders for funds to help finance a potential Chapter 11 bankruptcy process, according to sources ...
Tag: Financing
China’s ICBC to provide 300-billion yuan in tourism financing
THE Industrial & Commercial Bank of China (ICBC) will offer 300-billion yuan (S$56.1 billion) in financing to boost the nation’s ...
MAS launches centralised digital platform against money laundering, terrorism financing
THE Monetary Authority of Singapore (MAS) launched Cosmic – which stands for Collaborative Sharing of Money Laundering/Terrorism Information and Cases ...
From coal financing to green lending: OCBC’s chief sustainability officer Mike Ng on the just transition
MIKE Ng still remembers working through the contractual structure and complications of a deal involving the financing of a coal-fired ...
Alibaba-backed fintech Akulaku secures HSBC financing, aims for double-digit growth
SOUTH-EAST Asian online lending platform Akulaku, which is backed by China’s Alibaba, secured US$100 million of debt financing from London-based ...
Olam food ingredients unit ofi secures US$500 million financing
OLAM Group’s food ingredients unit ofi has bagged export credit agency -linked financing of about US$500 million, said the group ...
UBS ditches Credit Suisse plan to phase out coal financing
UBS Group is set to scrap a planned phaseout of coal financing that Credit Suisse had backed, as the global ...
DBS adjusts coal financing policy to include early retirement of coal plants
SOUTH-EAST Asia’s largest lender DBS has adjusted its policy to accommodate the financing of the early shutdown of coal-fired power ...
Aviation financing industry not fully recovered, says BOC Aviation CEO
THE airline and leasing industries bruised by the pandemic have largely recovered – but not aviation financing, said Steven Townend, ...
Unrealistic to fully cut financing to coal companies: Singapore banks
CUTTING all financing for coal companies is unrealistic, said Singapore’s local banks, adding that funding is necessary to ensure the ...
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