The Philippines staged a strong comeback in equity capital markets in 2025, powered by the blockbuster initial public offering of Maynilad Water Services, Inc., which ranked as the third-largest IPO in Southeast Asia, according to Deloitte’s Southeast Asia IPO Capital Market Report 2025.
Maynilad Water Services Inc.’s market debut came with a splash and a safety net. UBS AG Singapore Branch, acting as the stabilization agent for the utility’s initial public offering, snapped up a hefty 144.3 million Maynilad shares during the stabilization window after the stock slipped below its P15 IPO price.
Ayala Corp., the diversified investment holding company of the Ayala Group, said that the Securities and Exchange Commission (SEC) has approved the amendment of...
As the Philippine initial public offering (IPO) market continues to feel the drag of global headwinds in 2024 and 2025, investor sentiment remains cautious and companies are in no rush to go public. Yet while the pipeline may be quiet, it is far from empty — especially in sectors like infrastructure, healthcare, energy, consumer goods, and tech-enabled services, where growth potential still sparks investor interest.
Globe Fintech Innovations Inc., the operator of mobile payments platform GCash, has announced that its board has approved a stock split—widely seen as a potential prelude to a future initial public offering (IPO).
Philippine exports are poised to sustain double-digit growth this year and outperform government forecasts despite higher US tariffs and other external challenges, supported by strong first-half shipments and a broader mix of products and markets.
Housing regulations designed to speed up project development may instead squeeze developers’ cash flow and further slow housing production, according to Chamber of Real Estate and Builders’ Associations (CREBA) National Chairman Noel Cariño.
Time-sensitive industries, led by semiconductors and electronics, welcomed the normalization of cargo operations at the Ninoy Aquino International Airport (NAIA), after congestion threatened production schedules, jobs, and revenues.
The Philippine Travel Agencies Association (PTAA) is urging Filipinos and travel agencies to practice truthful and responsible travel, warning that the misuse of tourist visas could lead to tighter requirements and greater immigration scrutiny for legitimate travelers.