{
  "id": 17186342,
  "title": "ADB expands Singapore presence to draw more private capital into Asian projects",
  "url": "https://urgent.news/2026/10/30/adb-expands-singapore-presence-to-draw-more-private-capital-into",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T05:23:04.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/adb-expands-singapore-presence-draw-more-private-capital-asian-projects"
  },
  "original_language": "en",
  "account": "The Asian Development Bank (ADB) is expanding its presence in Singapore to attract more private capital for infrastructure and development projects across Asia. This move coincides with Singapore's upcoming chairmanship of the Association of Southeast Asian Nations (ASEAN) in 2027. ADB has doubled its staff in Singapore to around 30 specialists, aiming to secure $13 billion in private capital annually by 2030. In an interview, ADB's director general for private-sector operations, Isabel Chatterton, emphasized that Singapore provides an \"unparalleled first-row seat\" to engage with investors, aligning their financing requirements with regional projects. Private capital rose from $6.8 billion in 2024 to $8.5 billion in the previous year, and Chatterton expects it to increase further this year. A key challenge is aligning investors' varied risk and return expectations with the region's needs. ADB has developed a pipeline of bankable projects and provided financial structuring and blended finance to reduce risk. The institution sees potential for family offices to play a larger role in financing regional development. Key areas of interest for investors include energy transition, circular economy, digital businesses, and infrastructure projects. ADB has also facilitated large syndicated loans, such as a US$721 million facility for HDBank in Vietnam, and a $500 million syndicated loan in India. By supporting Singapore's ASEAN chairmanship, ADB expects to play an \"increasingly active role\" in the region, with more stakeholders establishing a presence in Singapore.",
  "summary": "The lender expects to play an active role in supporting Singapore’s 2027 Asean chairmanship",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Fortune",
        "title": "Rakuten Capital’s Saemin Ahn is ‘pessimistic’ on Southeast Asian VC: Good startups are getting ‘a lot less oxygen’",
        "url": "https://urgent.news/2026/10/30/rakuten-capitals-saemin-ahn-is-pessimistic-on-southeast-asian-vc-good",
        "published": "2026-10-30T07:00:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}