IPOSingapore and Philippines trail in Asia IPOs amid SPAC boom in US
ASEAN stock exchanges fail to cash in on region's tech startups
Singapore plans to ride the wave of interest for SPACs, having put forth a regulatory framework, which could be finalized around the middle of the year. © Reuters
DYLAN LOH, Nikkei staff writer
SINGAPORE -- Stock exchanges in the Association of Southeast Asian Nations appear to be getting little love, even as the bloc's tech startups eye opportunities to go public by combining with special purpose acquisition companies, or SPACs, listed in the U.S.