Sustainability, consumption, digitalisation to drive Asean deals, fundraising in H2: bankers

SOUTH-EAST Asian companies in the businesses of sustainability, consumer goods and services, and digitalisation will likely be the drivers of capital market activity in the second half of 2023, market players say.

The region is “extremely well-placed” to benefit from any global market recovery, said Jwalant Nanavati, managing director and head of South-east Asia investment banking at Nomura.

He expects four big themes to drive growth in the region from the second half of 2023: energy transition, digitalisation, consumption, and financial inclusion.