PHILIPPINES TO EMERGE AS THE TOP IPO MARKET IN SOUTHEAST ASIA IN 2021

A clutch of Philippine firms, including newly launched real estate investment trusts (REITs), could make the…

FUND MANAGERS CUT CASH HOLDINGS TO 2013 LEVELS (PRE TAPER-TANTRUM): BofA

Cash levels in investment portfolios have plunged to the lowest since just before the so-called taper…

INDORAMA PURSUING JOB CUTS IN US: REUTERS:

Indorama Ventures PCL is pushing the United Steelworkers (USW) local union representing about 300 workers at…

MINING FIRM WITH ZERO REVENUE: MOST TRADED PSE STOCK WITH 103% GAIN

Abra Mining & Industrial Corp. has no revenue and zero analyst coverage. Yet, the loss-making mining…

THAIBEV CLOSE TO FILING US$10 BILLION IPO FOR ITS BREWERY UNIT

Thai Beverage is planning to lodge a filing to list its brewery unit on the Singapore…

2020 SAW HUGE EXODUS OF THAI MUTUAL FUNDS

Thailand’s mutual fund industry registered a 6.5% decrease in net asset value to 5 trillion baht…

S.E.A’s GRAB, WHICH BEGAN IN MALAYSIA, CONSIDERING IPO IN 2021.

Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States…

FINTECH M&A MAY AFFECT COMPETITION AMONG ASEAN BANKS

Recent acquisitions of small banks in Indonesia by technology firms have highlighted the potential for fintech…

PTT OIL & RETAIL PRICES ITS US$1.8 BILLION (THB54B) IPO

PTT Plc, the country’s largest oil-and-gas company, has priced an initial public offering (IPO) for its…

SIGH OF RELIEF AS ECO-WORLD-UEM SUNRISE M&A CALLED OFF

EcoWorld Development Berhad said today it is no longer pursuing the proposed merger with UEM Sunrise…