Asia and the Pacific

Asia and the Pacific

Coronavirus Will Not Delay the Launch of China’s National Blockchain Network

China’s Blockchain-based Service Network (BSN) will be launching in April 2020, as per schedule. BSN will make it easier for users to deploy their...

Sukuk Issuance Stalls on Subdued Economy

Total Islamic bond or sukuk issuance could potentially take a hit this year, dragged by subdued economic growth. In 2018, when Malaysia’s GDP growth...

RCBC Plans to Raise P3 Billion From Bond Issuance

Yuchengco-led Rizal Commercial Banking Corp. (RCBC) is braving the domestic debt market even with the coronavirus disease 2019 or COVID-19 pandemic, eyeing to raise...

DBS Provides A$212m Sustainability-Llinked Loan to Hong Kong’s Link Reit

DBS Bank has provided a A$212 million (S$177.7 million) five-year sustainability-linked term loan to Hong Kong-listed Link Real Estate Investment Trust (Link Reit). Loan proceeds...

EY Japan to Fight Counterfeit Sake With Blockchain

EY Japan, the Japanese branch of global accountancy firm Ernst & Young, has announced plans to launch a blockchain system for tracking Japanese sake...

Garuda, ‘Severely Affected’ by COVID-19, May Restructure Bonds: Minister

The State-Owned Enterprises (SOE) Ministry is in talks with national flag carrier Garuda Indonesia to restructure its sukuk due in June as the airline...