The up to $121m bond is supported by BCA Sekuritas, BNI Sekuritas, Sucor Sekuritas and BRI; the miner is also eyeing a "transformative" acquisition to help sustainability efforts.

As 28 countries, including Pakistan, Laos and Sri Lanka, suffer from a debt trap, despite past criticism and amid high US interest rates, Washington is asking China to help mitigate the debt risks.

Group chief executive officer P. Murlidhar (Murli) Maiya recently discussed the infrastructure debt financing landscape and its scalability with FinanceAsia.

China’s economy will not crash but property and local government debt challenges are undermining a country whose GDP is still growing at around 5% a year.

With China's DeepSeek already shaking up 2025's AI market, around $70bn was raised last year by Asia's tech firms.

The bank has provided funding to a Hong Kong-based insurtech firm, OneDegree.

The fund offers exposure to Southeast Asia-headquartered start-ups via the digital exchange, with commitments starting from $20,000.

The firm is looking to address APAC’s growing private credit market.

Creditors including those based in China are likely to take a haircut from Sri Lanka’s debt restructuring.