Southeast Asia IPOs lose steam as caution spreads over Trump tariffs

Malaysia sees increase while listings fall in Thailand and Indonesia

20250807N SEA IPOs

Malaysia was the lone bright spot in the first half, with four more IPOs than a year earlier. (Photo obtained by Nikkei)

FUMIKA SATO and TOMOYOSHI OSHIKIRI

SINGAPORE/JAKARTA -- Initial public offerings in Southeast Asia decelerated in the January-June half of this year, with both the number of listings and the amount of fundraising falling, as some companies decided to stay put to assess the impact of U.S. tariffs.

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