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Fridays: Business insights on Southeast Asia's fast-growing economies.

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ASEAN Business

KK Mart plans Bursa Malaysia IPO with 840 million share offering

The sale involves as many as 630 million existing shares and the issuance of 210 million new shares

KK Super Mart outlet at 72G, Jalan Wong Ah Fook, Bandar Johor Bahru, 3 April 2024. It has sued the vendor of the socks bearing the word “Allah” for breach of contract, claiming that its business was sabotaged.
Johor Menteri Besar Onn Hafiz Ghazi (left) and UOB Malaysia CEO Ng Wei Wei at the fireside chat during the JS-SEZ Strategic Forum 2026.
ASEAN Business

MSCI keeps curbs on Indonesian stocks, delays index changes pending reform review

Analysts note that uncertainty surrounding the revisions continues to weigh on investor sentiment

FILE PHOTO: FILE PHOTO: Indonesia Stock Exchange (IDX) signage is seen on its building in Jakarta, April 8, 2025. REUTERS/Willy Kurniawan/File Photo/File Photo
ASEAN Business

Asean’s manufacturing sector struggles to scale AI adoption – not for lack of awareness: panellists

Hurdles include concerns over returns on investment and integrating new technologies with legacy systems

ASEAN Business

Thailand mulls higher public debt for US$30 billion borrowing

Lifting the debt cap by 5 percentage points will open up room for about one trillion baht of fresh borrowing

A man speaks on his mobile phone next to a Thai national flag on the Krungthep bridge in Bangkok, on Sunday, August 18, 2013. Photographer: Dario Pignatelli/Bloomberg *** Local Caption *** GDP Thailand