Andrew Tjaardstra

The funding for Green Investments Partnership was raised via FAST-P from a range of global investors; it will be invested in renewable energy, EV infrastructure, transport, water and waste management, for Southeast Asia’s energy transition; some of the projects are perceived as more risky.

The Singaporean Citi veteran has over three decades of experience at the US bank and replaces Tibor Pandi.

Sri Mulyani Indrawati has been a mainstay in the role for the majority of the last two decades; Indonesia has also recently issued a A$800m Kangaroo bond.

Jai Sharma is succeeding Preeti Gupta Mohanty, who is set to take over as senior vice president – finance, international operations.

Kalay, the US bank's current head of global payment services, corporate sales EMEA, is relocating to Singapore for the role.

The US Court of Appeals for the Federal Circuit agreed with another court's verdict that most of the tariffs are illegal; however the tariffs, including 50% on many Indian goods, will stay in place until October 14 to allow an appeal to the Supreme Court.

Aavishkaar Capital provides credit to mid-sized MSMEs operating in the supply chain with a social and environmental impact, in India, emerging Asia such as Indonesia and Vietnam, and Africa.

Postal services across Asia Pacific are dealing with the fallout from the removal of so-called US ‘de minimis’ tariff exemption from small packages below the value of $800 sent to the US; also this week, 50% tariffs on many goods being sent from India to the US have started.

The sustainability linked financing covers greenfield and operational assets across Australia, Hong Kong, Malaysia and Singapore, and involved a consortium of 60 banks. The financing comes after Blackstone and CPPIB's acquisition of the group last year.

The softening jobs market in the US could see the US Fed act in September; however inflation pressure from tariffs are a concern.

The record green loan for the data centre, to be built in Singapore, has been supported by a consortium of banks. Crédit Agricole CIB, DBS and ING were the global coordinators and sustainability structuring agents; the loan has an option to convert into a SLL.

Ebanx sees opportunities in a young, tech savvy population in Southeast Asia; it is also the first Brazilian company to receive a Major Payment Institution licence in Singapore.