Latest news with #Asean
The Sun
5 hours ago
- Business
- The Sun
Sector diversity, regulatory strength fuel Bursa Malaysia IPO pipeline: Baker Tilly
PETALING JAYA: Malaysia's capital market is experiencing a notable upswing in 2025 as Bursa Malaysia is forecasting a significant increase in new public listings, with expectations set at 60 initial public offerings and a targeted total market capitalisation of RM40.2 billion. According to Baker Tilly Asia Pacific's latest publication Pathways to the APAC Capital Markets, Malaysia's momentum builds on a robust 2024, during which 55 companies chose to list and collectively raised RM7.4 billion, marking the highest number of listings in Asean by volume. The sectors represented in Malaysia's listing pipeline is diverse, the report said, adding that companies from consumer goods, healthcare, logistics and technology are showing strong interest in going public. These industries are being buoyed by a combination of government incentives and heightened investor appetite, both of which are contributing to a dynamic and attractive investment environment, the report noted. 'Malaysia has always punched above its weight when it comes to capital markets,' said Andrew Heng, who is the group managing partner of Baker Tilly Malaysia. 'As confidence returns to the region post-pandemic and amid geopolitical realignments, we expect more companies to explore IPOs and cross-border listings – and Malaysia will be on their radar,' he said in a statement. One of Malaysia's key advantages is the relative ease of access it offers to both local and foreign companies seeking to list, the report said. The structured framework of the Main Market and the ACE Market provides clear pathways for companies at various stages of growth, making Malaysia a practical choice for businesses looking to tap into public capital. Regulatory stability enhances Malaysia's appeal as a listing destination. The report also noted that Securities Commission Malaysia and Bursa Malaysia continue to demonstrate strong oversight while remaining open to innovation. Notable steps include progressive moves toward enhanced ESG reporting and the development of alternative fundraising frameworks, ensuring that the market remains both secure and forward-looking. These factors collectively position Malaysia's capital market as a serious contender for companies and investors seeking opportunity and stability in the region, according to the report,
The Sun
6 hours ago
- Business
- The Sun
Sector diversity, regulatory strength fuel Bursa Malaysia IPO pipeline
PETALING JAYA: Malaysia's capital market is experiencing a notable upswing in 2025 as Bursa Malaysia is forecasting a significant increase in new public listings, with expectations set at 60 initial public offerings and a targeted total market capitalisation of RM40.2 billion. According to Baker Tilly Asia Pacific's latest publication Pathways to the APAC Capital Markets, Malaysia's momentum builds on a robust 2024, during which 55 companies chose to list and collectively raised RM7.4 billion, marking the highest number of listings in Asean by volume. The sectors represented in Malaysia's listing pipeline is diverse, the report said, adding that companies from consumer goods, healthcare, logistics and technology are showing strong interest in going public. These industries are being buoyed by a combination of government incentives and heightened investor appetite, both of which are contributing to a dynamic and attractive investment environment, the report noted. 'Malaysia has always punched above its weight when it comes to capital markets,' said Andrew Heng, who is the group managing partner of Baker Tilly Malaysia. 'As confidence returns to the region post-pandemic and amid geopolitical realignments, we expect more companies to explore IPOs and cross-border listings – and Malaysia will be on their radar,' he said in a statement. One of Malaysia's key advantages is the relative ease of access it offers to both local and foreign companies seeking to list, the report said. The structured framework of the Main Market and the ACE Market provides clear pathways for companies at various stages of growth, making Malaysia a practical choice for businesses looking to tap into public capital. Regulatory stability enhances Malaysia's appeal as a listing destination. The report also noted that Securities Commission Malaysia and Bursa Malaysia continue to demonstrate strong oversight while remaining open to innovation. Notable steps include progressive moves toward enhanced ESG reporting and the development of alternative fundraising frameworks, ensuring that the market remains both secure and forward-looking. These factors collectively position Malaysia's capital market as a serious contender for companies and investors seeking opportunity and stability in the region, according to the report,
The Sun
6 hours ago
- Business
- The Sun
Sector diversity, regulatory strength fuel active Bursa Malaysia IPO pipeline
PETALING JAYA: Malaysia's capital market is experiencing a notable upswing in 2025 as Bursa Malaysia is forecasting a significant increase in new public listings, with expectations set at 60 initial public offerings and a targeted total market capitalisation of RM40.2 billion. According to Baker Tilly Asia Pacific's latest publication Pathways to the APAC Capital Markets, Malaysia's momentum builds on a robust 2024, during which 55 companies chose to list and collectively raised RM7.4 billion, marking the highest number of listings in Asean by volume. The sectors represented in Malaysia's listing pipeline is diverse, the report said, adding that companies from consumer goods, healthcare, logistics and technology are showing strong interest in going public. These industries are being buoyed by a combination of government incentives and heightened investor appetite, both of which are contributing to a dynamic and attractive investment environment, the report noted. 'Malaysia has always punched above its weight when it comes to capital markets,' said Andrew Heng, who is the group managing partner of Baker Tilly Malaysia. 'As confidence returns to the region post-pandemic and amid geopolitical realignments, we expect more companies to explore IPOs and cross-border listings – and Malaysia will be on their radar,' he said in a statement. One of Malaysia's key advantages is the relative ease of access it offers to both local and foreign companies seeking to list, the report said. The structured framework of the Main Market and the ACE Market provides clear pathways for companies at various stages of growth, making Malaysia a practical choice for businesses looking to tap into public capital. Regulatory stability enhances Malaysia's appeal as a listing destination. The report also noted that Securities Commission Malaysia and Bursa Malaysia continue to demonstrate strong oversight while remaining open to innovation. Notable steps include progressive moves toward enhanced ESG reporting and the development of alternative fundraising frameworks, ensuring that the market remains both secure and forward-looking. These factors collectively position Malaysia's capital market as a serious contender for companies and investors seeking opportunity and stability in the region, according to the report,
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First Post
8 hours ago
- Business
- First Post
Asean is China's B-team, India has no interest in having a trade deal with them: Piyush Goyal
At a time when India is engaged in multiple trade negotiations, Union Commerce Minister Piyush Goyal has slammed Asean countries as the 'B-team of China' and has called the trade deal with the bloc 'silly'. read more Union Commerce Minister Piyush Goyal has slammed Asean countries as the 'B-team of China' and has dubbed trade deals with them as 'silly'. Goyal's remarks have come at a time when India is holding trade negotiations with various countries and blocs, such as the United States, European Union (EU), Australia, and New Zealand. In recent time, India has signed trade deals with the United Kingdom and United Arab Emirates (UAE). Speaking at the India Global Forum in the UK, Goyal said in an apparent swipe at the previous Congress-led government that India was 'more focused on doing trade agreements with countries who were our competitors' instead of building complementary partnerships, according to NDTV Profit. STORY CONTINUES BELOW THIS AD Goyal called such an approach 'silly'. He included the India-Asean trade agreement among such deals and said members of the Association of Southeast Asian Nations bloc were 'B-team of China'. 'If I do an ASEAN agreement with Indonesia, Malaysia, Thailand, Vietnam, Cambodia, Laos, it really is silly, because I'm opening up my market to my competitors,' said Goyal. In an apparent reference to the issue of China manipulating country of origin norms by routing its goods via Asean countries, Goyal said that the bloc had become the 'B-Team of China'. Goyal further said, 'Instead of that, we're focusing on Australia and New Zealand, which will take another three to four months.' India and Asean signed the ASEAN–India Free Trade Area (AIFTA) in 2010. While the agreement led to the increase in trade by volume, the balance of trade remains heavily in favour of Asean countries. Coupled with the issue of China gaming the trade pact, the AIFTA has often drawn criticism about not being as beneficial to India as envisioned. Besides the United States, EU, Australia, and New Zealand, India is currently also negotiating trade deals with the trading bloc European Free Trade Association (EFTA), which comprises Iceland, Norway, Liechtenstein, Switzerland. India is also holding trade talks with Chile and Peru.
South China Morning Post
9 hours ago
- Politics
- South China Morning Post
Asean credibility at stake amid soaring Thailand-Cambodia border tensions: analysts
Asean risks a fresh blow to its already dented credibility if it fails to de-escalate tensions between Thailand and Cambodia , analysts have warned, as a deadly border skirmish and a political leak threaten to trigger broader regional fallout. Advertisement 'A full-blown border war between Thailand and Cambodia will damage Asean's credibility,' Abdul Rahman Yaacob, a research fellow at the Lowy Institute's Southeast Asia programme, told This Week in Asia. 'The regional organisation is already under fire for being perceived as not effective in dealing with the Myanmar crisis.' Since its founding in 1967, the Association of Southeast Asian Nations has been credited with helping avoid conflict among its members. But that legacy now faces a critical test, observers say, amid a weeks-long stand-off following a May 28 clash that left one Cambodian soldier dead – the first fatal border flare-up since 2011. Tensions intensified after a phone call between Thai Prime Minister Paetongtarn Shinawatra and former Cambodian leader Hun Sen leaked on Wednesday, revealing informal efforts to calm the situation. In the recording, Paetongtarn referred to Hun Sen as 'uncle' and urged him to disregard a Thai military commander, saying: 'He just wants to look cool … but in truth what we want is peace.' 03:41 Thai government hangs by thread as leaked phone call shreds PM Paetongtarn's credibility Thai government hangs by thread as leaked phone call shreds PM Paetongtarn's credibility The leak triggered political backlash in Thailand, where critics accused Paetongtarn of undermining the military and appearing overly deferential to Hun Sen. The uproar led to the withdrawal of a key coalition partner and intensified scrutiny of the Shinawatra family's close personal ties with Cambodia's ruling elite. Advertisement Paetongtarn later defended the call as part of a negotiation tactic but apologised for the resulting 'public resentment'.
