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IFC deploys local-currency financing to back Sri Lanka solar, storage pipeline

The International Finance Corporation (IFC) is proposing to extend up to $18 million in local-currency financing to WindForce PLC, marking a fresh deployment of...

Singapore expands commuter infrastructure around Jurong Region Line with S$87.3m contract

Singapore-listed contractor OKP Holdings Limited has secured a S$87.3 million ($65 million) contract from the Land Transport Authority to deliver commuter infrastructure works around...

South Korea eyes infrastructure, energy cooperation with Philippines

South Korea is seeking deeper cooperation with the Philippines in energy, infrastructure and manufacturing, President Lee Jae Myung said on Wednesday, highlighting opportunities for...

DEG backs Gulf’s $350m solar-plus-storage push in Thailand

Germany’s development finance institution DEG has committed $50 million in debt to support Gulf Renewable Energy Company Limited (GRE), the clean energy arm of...

ADB plans $300m regional water security program across Indonesia

The Asian Development Bank (ADB) is preparing a $300 million loan to support a large-scale urban water supply program across multiple regions in Indonesia,...

ADB proposes $150m climate-resilient urban infrastructure project in Bangladesh

The Asian Development Bank (ADB) is proposing a $150 million financing package for a major urban infrastructure program in Bangladesh aimed at strengthening flood...

IFC anchors Seraya’s Southeast Asia infrastructure strategy with $25m commitment

The International Finance Corporation (IFC) has committed $25 million in equity to Seraya Partners Fund II, anchoring a dedicated investment sleeve focused on critical...

ADB deploys $60.9m for climate-resilient urban water infrastructure in Papua New Guinea

The Asian Development Bank (ADB) has approved a $60.9 million financing package to upgrade urban water supply and sanitation systems in Papua New Guinea,...

IFC Backs Sumitomo Mitsui’s $250m Digital Inclusion Bond to Expand Asia’s Financial Infrastructure

The International Finance Corporation (IFC) is proposing to invest up to $250 million in senior unsecured notes to be issued by Japan’s Sumitomo Mitsui...