2022 a difficult year for IPOs as recession looms, growth prospects fade
Listings fell by 44% worldwide over year-ago period; S'pore IPO scene stays muted
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The year 2022 is turning out to be a difficult one for companies looking to raise funds in both the public and private markets, with the International Monetary Fund recently warning that the global economy could be in a recession next year.
A combination of high inflation and rising interest rates has resulted in slower growth across many economies and companies are having a harder time raising the funds they need to grow, experts said.