The first tugrik-linked bond from Mongolia will help to fund a local dairy company and sets a much-needed benchmark in the country's capital markets that remain constrained by Covid-19.
The cancellation of a stake sale in the country’s flagship coal mining company comes as economic growth and ratings agencies cast a shadow on the economy.
Backed by healthy gold reserves and multilateral agencies keen to improve infrastructure, the outlook for the Central Asian republic is positive. However, the population’s tense relationship with China must be addressed if it is to make serious economic headway.
Two of the world’s largest development lenders kick-start 2019 with a combined $95 million investment in AC Energy’s inaugural $410 million certified climate bond, listed on the Singapore exchange.
Indonesia’s problems have reignited debate about how countries can protect themselves from destabilization by foreign capital flows, and their borrowers from foreign exchange risk.
The government is preparing sweeping changes to domestic bond market regulation as foreign investors dip into local currency corporate debt for the first time.
Michael Barrow, head of the ADB's private sector unit, explains how the multilateral lender is switching course to mobilise private sector capital to help build the region's infrastructure.
Growing in confidence on the international stage, it is vital Asia’s maintains its impressive momentum. We examine how the private sector can get involved.