Asean

MUFG Bank has tapped David Uy as head of project finance for Asia.

Rajeev Sahney, head of global banking Southeast Asia at HSBC, is retiring, according to an internal memo seen by GlobalCapital Asia.

The Republic of the Philippines focused on investors keen to buy long-dated bonds by selling a dual tranche dollar deal this week. The $3bn trade featured a chunky $2.25bn 25 year portion that easily trumped the sovereign's last similar outing.

Singapore's DBS Bank has launched a digital bond issuance platform featuring software from Nivaura that will allow issuers to launch deals at the click of a button.

Thailand’s Gulf Energy Development Public Co is seeking a multi-billion loan in dollars and baht to fund the acquisition of telecommunications firm Intouch Holdings, giving banks yet another opportunity to finance a jumbo deal from the southeast Asian country. But there are challenges ahead, writes Pan Yue.

Singapore-based agriculture company Olam International is tapping shareholders through a rights issue, to raise S$601.7m ($447.2m) to repay debt from a recent acquisition.

ANZ has appointed Niro Somasekeran as head of corporate finance for south and southeast Asia.

RHB Bank enticed investors with a rare bond from Malaysia’s banking sector, drawing in more than twice the demand for a $500m deal.

Singaporean logistics company GLP used a subordinated perpetual bond structure to raise $300m of green funds this week.

Taiwan’s Central Trading & Development Corp is set to close a $320m loan for its Vietnamese business soon, as it waits for a few banks to receive their internal approvals.

Philippine real estate investment trust MReit filed for IPO approval this week. It is targeting up to Ps27.3bn ($562.3m), which would make it the country’s largest Reit listing.

Tyre manufacturer Gajah Tunggal had to battle weak sentiment around Indonesian credits to sell a $175m bond this week.