Even if Bitcoin is embraced by other emerging economies, trade ties with China, volatile price swings, and the not-so-distant memory of a regional financial crisis may prevent cryptocurrency from ever taking off in Asia.
Southeast Asian countries are making progress in their plans to issue digital currencies with legal tender, or central bank digital currencies (CBDCs). FinanceAsia explores the implications of this shift.
Even as some companies have announced plans to postpone roadshows or meet investors on account of the novel coronavirus outbreak, banks still expect a robust IPO pipeline for Asia in the immediate future.
The spin-off of ThaiBev’s regional beer assets has three characteristics likely to draw investors’ attention. A successful listing will support the tone for future Thai deals, but, more importantly, set it for Asean ones too.