Singapore

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.

Asia Pacific Resources International Group, a pulp and paper producer also known as April, is self-arranging an up to $1bn offshore loan.

Two prominent Asian markets approved dual-class securities this year, but the CFA Institute this week warned of a host of risks that the structure poses to investors.

Singapore dollar bond issuance came back to life in the third quarter of this year, setting the stage for a further ramp up in activity.

Taipei Fubon Bank has hired Sean Liu, a former ANZ loans banker, to its Singapore office.

Singapore-listed Hong Leong Asia plans to raise S$202.3m ($146.3m) from a rights offering to help pay for a land acquisition in the city-state.

CapitaLand has raised a S$300m ($218m) sustainability-linked loan from DBS, the first of its kind from Asia’s real estate sector.

State Street Associates has hired Qi Wang as head of research for Asia Pacific, effective immediately.

Energy and commodities trader Mercuria is back in the loan market for its annual fundraising, seeking a $1.1bn multi-tranche borrowing.

DBS has teamed up with Singapore-based Impact Investment Exchange to set up a $100m Women’s Livelihood Bond Programme.

Keppel-KBS US Real Estate Investment Trust said on Monday it is considering raising new equity to help pay for an acquisition in Washington.

Mapletree Logistics Trust sealed its second overnight fundraising for the year and its largest follow-on offering in a decade on Wednesday, bagging S$375m ($274m) to acquire properties in Singapore.