Ep. 28 - The Philippines Just Drew a Line With Washington. Malaysia Just Rewrote Its IPO Rules. And the Whole Region Is Doing Something Nobody Is Tracking as One Story.
Two stories from Southeast Asia this week, and almost nobody connected them.
The Philippines unveiled the marker for the Pax Silica industrial hub in New Clark City. Twenty plus companies expressed interest. A dozen are billion-dollar US firms. And on the same day, Manila publicly rejected the US request for diplomatic immunity and US legal jurisdiction over the zone. The hub will operate under Philippine law.
Malaysia rewrote the rules of how startups go public on Bursa. VC firms can act as listing agents. Retail investors can participate for the first time. A real funding escalator from…
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