Global Trade Alert
Global Trade Alert

Singapore: ADB provided a midterm corporate loan of USD 20 million to New Hope Singapore Pte Ltd

Announcement

08 Dec 2020

In December 2020, the ADB provided a midterm corporate loan of USD 20 million to New Hope Singapore Pte Ltd (NHS) to provide working capital for its operations. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Dec 2020

Revocation date:

No revocation date

Updated: 08 Dec 2020
State loan In force

On 8 December 2020, the Asian Development Bank (ADB) approved a midterm corporate loan of USD 20 million to New Hope Singapore Pte Ltd (NHS). The loan aimed to fund NHS COVID-19 response operating ...

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