Why Thailand is becoming Asean economic superstar

Nobody needs to be reminded that businesses are in a challenging environment; some sectors are still managing the fallout of the Covid-19 pandemic, and many are dealing with the impacts of the global economic crisis.

However, it’s not all doom and gloom. Although the global IPO (Initial Public Offering) market is currently in a dip, there are glimmers of positivity, particularly across Asean. Insights from BDO show strong overall momentum for IPOs across the Asean markets, with high customer activity levels despite some sectors still feeling the effects of the pandemic. In Malaysia, for example, total IPOs in terms of number and market capitalisation for 2022 will be at record levels from the last few years. Indonesia is also anticipating a peak in investment appetite in the…