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Record $4.9 Billion Raised In South-East Asia IPOs In First Half...

Companies in South-east Asia raised a record US$4.9 billion through initial public offerings (IPOs) in the first six months of this year, according to...

South Korea Aims To Update Free Trade Agreement With ASEAN

South Korea's trade ministry said on Tuesday (Jul 27) it has launched talks with ASEAN to update their free trade agreement (FTA) and further...

Bank Indonesia: Sharia Growth Overtakes National Economic Growth

The growth rates of the sharia economy in 2020 and early 2021 have been better than those of the national economy, Bank Indonesia (BI) has said. "In...

Goldman Sachs Says Covid Delta Variant Could ‘Significantly’ Hit Growth In...

Covid-19 infections are surging in several major Southeast Asian economies, and that has led Goldman Sachs to cut its 2021 growth forecasts for most...

After Acquiring Gojek’s Thai Operations, Can An AirAsia Superapp Soar In...

Low-cost carrier AirAsia has stepped up its digital ambitions by acquiring tech behemoth Gojek’s operations in Thailand, but industry watchers say the airline faces...

Indonesia Central Bank Slashes 2021 GDP Outlook To 3.8%

Indonesia's central bank has cut its forecast for 2021 economic growth to 3.8% based on early assessment of the impact of recent coronavirus restrictions,...

Bukalapak Targets $1.5 Billion in Biggest Indonesia IPO

Online marketplace Bukalapak aims to raise as much as 21.9 trillion Indonesian rupiah ($1.5 billion) in an initial public offering, the first of Indonesia’s...

Is Garuda Indonesia On The Brink Of Bankruptcy?

COVID-19 has battered Indonesian flag carrier Garuda’s revenue and sent earnings plunging, causing trading of the airline’s shares to be halted recently after a...

Asian Equities See Foreign Outflows In June As Virus Woes Weigh

Foreigners turned net sellers of Asian equities in June for a second consecutive month, as growing inflationary pressure and a spike in coronavirus cases...

What Does 8% Growth Mean For Asia When Thousands Are Still...

A tiny financial center of 5.7 million people is gradually preparing for life after the pandemic, as vaccination rates increase, social distancing measures ease...

Indonesia businesses warns risk of layoffs, bankruptcies from new COVID-19 curbs

Indonesian business groups on Thursday urged authorities to ensure there is enough financial support for companies, warning that otherwise new restrictions to tackle a...

Indonesia close to IPO overhaul to lure mega tech listings like...

Indonesia is close to finalizing a sweeping revamp of listing rules, paving the way for South-east Asian start-up giants from Bukalapak.com to ride-hailing leader...

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