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Bangladesh economy set to grow 6.6% in FY22, forecasts IMF

  Bloomberg Bangladesh’s economic growth is expected to increase to 6.6% in the fiscal year ending June in 2022, according to the International Monetary Fund (IMF), as the coronavirus pandemic abates and policies remain accommodative. Growth may rise to 7.1% the fiscal year after that, the IMF said in a statement on its website, citing an improvement in the external ...

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GoTo to hire banks for $1bn Indonesian IPO

  Bloomberg GoTo Group has hired banks to help it raise around $1 billion from an initial public offering in Indonesia, according to people familiar with the matter. The company, formed as the result of a merger by the country’s two most valuable internet startups, has picked PT Mandiri Sekuritas and PT Indo Premier Sekuritas as underwriters for a local ...

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IPOs in Asia facing headwinds after record year of fundraising

  Bloomberg After a bumper year of stock listings, Asian companies may find it hard to repeat the success in 2022 given the prospect of rising interest rates and China’s tightening grip on Big Tech. Thanks to a blistering first half amid a global boom, initial public offerings in the region have reached $190 billion so far this year, a ...

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