Asean

Deutsche appoints north Asia loans head – Roch jumps to StanChart – Change of guards in HSBC Philippines, Singapore

Often considered one of the most sophisticated capital markets issuers in Asia, Indonesia is not standing still. Luky Alfirman, director general at the ministry of finance, told GlobalMarkets, a sister publication of GlobalCapital Asia, that more innovative products are on the cards.

Malaysia’s barren IPO landscape is coming back to life, with two food-related issuers filing their long-delayed listings this week.

San Miguel Food and Beverage (SMFB) unveiled a sharply scaled-down secondary offering as it turned cautious after the global selloff in equity markets, with its deal now expected to raise just Ps33.1bn ($613.8m).

Indonesian paper manufacturer Fajar Surya Wisesa started gauging interest on Thursday for a primary capital increase worth as much as Rph3.9tr ($260m) at its market price.

Malaysia’s QSR Brands has filed for an IPO in Malaysia, years after the company mooted a relisting on the local bourse.

Indonesia’s Titan Infra Energy is tapping the offshore loan market for the first time for a $450m five year loan.

Global Logistics Properties, the Singapore-headquartered logistics facilities provider that is the second most frequent issuer of Panda bonds, snapped up another Rmb1.2bn ($170m) in its October outing.

The advance of global warming, highlighted by the Intergovernmental Panel on Climate Change’s report this week, not only demands that the private sector accelerate efforts to cut carbon emissions. Companies must also adapt to the changing climate – and this will involve interacting in new ways, experts say.

Vietnam’s Vinfast Trading and Production has raised a $950m guaranteed term loan to help it buy machinery and equipment from nine German suppliers.

The terrible earthquake and tsunami that hit Indonesia’s Sulawesi island last month has served as a wake-up call for the country’s Ministry of Finance, which is now looking at issuing catastrophe bonds.

Thailand Future Fund hit screens on Friday, with a set of cornerstone investors looking to help get its Bt44.7bn ($1.4bn) IPO across the line.