Malaysia-led ASEAN-BAC proposes IPO framework to boost investment in 10-member ASEAN bloc.

Under Malaysia's leadership, the ASEAN Business Advisory Council (ASEAN-BAC) has proposed an initial public offering (IPO) framework aimed at boosting investment across the 10-member ASEAN bloc, which has a population of 680 million and a GDP of $3.8 trillion in 2023. The initiative includes collaboration with the Securities Commission to implement the ASEAN IPO and promote ASEAN Business Entities (ABE) for enhanced market access and corporate social responsibility (CSR) efforts.

October 10, 2024
3 Articles