Treasury

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.

Surveys show Hong Kong's SMEs facing rising costs, late payments, a tight credit stance from banks, and tariffs, despite an overall economic recovery in the SAR; bad weather has also been an issue this summer.

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.

The move by the global payment and treasury management firm follows the acquisition of Transfar Pay from the Transfar Group.

Annapoorna Venkataramanan, head of treasury, risk, insurance and capex investments, ArcelorMittal Nippon Steel India, revealed to CT the firm's strategy towards capital investments and treasury transformation in the fast-changing steel sector.

This idea behind the framework is to improve liquidity management and operational speed through six key policy areas.

Agreements to import more goods from the US rather than from the Middle East or other Asian nations could heighten inflation risks; however Bangladesh's apparel sector should benefit.

The bank is expecting the economy to slow in the second half of the year as the impact of US tariffs kick in; SMEs and housing loans are of particular concern.