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Compared to regional peers, Thailand is a relatively mature economy, leading companies to try to outpace competitors by venturing into other countries or equipping themselves with better digital offerings. (Source photos by AP and Getty Images) 
Market Spotlight

Thailand leads Southeast Asia IPO resurgence, but has challengers

Listing of tech unicorn Bukalapak boosts funds raised in Indonesia above $2bn

MASAYUKI YUDA, Nikkei staff writer | Southeast Asia

BANGKOK -- Southeast Asian companies have raised more than $10 billion from initial public offerings this year for the first time since 2017 as executives sought capital for expansion and stock exchanges worked hard to woo new listings.

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