Asean

GlobalRMB is reporting from Sibos 2015 in Singapore this week. Here we round up the best from day one of the conference including DBS CEO Piyush Gupta and Boston Consulting Group. Keep checking throughout the day for new updates.

AAA Oils and Fats, a trading subsidiary of palm oil processor and distributor Apical Group, is in the market for a loan of up to $130m.

Coal miner Adaro Energy, which has been in talks with its relationship banks for a loan to refinance debt, has sent out a formal request for proposals.

In this round-up, Hong Kong RMB clearing dropped in September, Macau's RMB deposits and cross-border settlement also fell in July, South Korea's RMB deposits kept contracting in September, and Bank of China Budapest branch formally launched RMB clearing services.

The Singapore Exchange (SGX) has picked UBS as the general counterparty for its upcoming over-the-counter (OTC) electronic bond trading platform called SGX Bond Pro.

Singapore Exchange (SGX) is looking to replicate the success of companies CME Group, Deutsche Bourse and the London Stock Exchange Group in evolving the indexing business, as passive investing gains popularity in Asia.

Japan Post sets sail with IPOs — Datang Environment files in HK — Banpu Power eyes Thai float — Larsen & Toubro seeks $300m listing

The Islamic finance market is looking to welcome its first Chinese participant after Country Garden Holdings this week announced plans to issue a Murabahah sukuk. But the property developer’s currency of choice — the ringgit — suggests that plenty of work is needed for sukuk to gain traction in north Asia, writes Rev Hui.

Standard Chartered has reorganised its capital markets operations, splitting its DCM and loan syndications units. Coinciding with the rejig is the departure of Aaron Russell-Davison as the head of debt capital markets, with more changes expected to take place.

Duo leads Tata Chem’s sterling financing — ONGC to net $1.775bn from four — Viettel Cambodia beams $50m loan — Minsheng Leasing trims borrowing to $150m

Poultry feed producer Charoen Pokphand (CP) Indonesia is tapping the syndicated loan market for a $355m dual-currency fundraising, split between rupiah and dollars.

A $550m three tranche borrowing for Bank Rakyat Indonesia (BRI) has launched into general syndication, but not all the mandated lead arrangers and bookrunners are looking to sell down.