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).
Foreign direct investments flowing into the country slowed during the first five months of 2026, marking a notable drop compared to the same period last year.
Mitsubishi Motors Philippines Corp. is preparing for a bigger Philippine footprint, betting on locally produced hybrid vehicles, higher factory output, and stronger sales as it seeks to turn the country into a more important production and export base.
Electricity rates for Manila Electric Co. customers will edge lower in August as a P9.5-billion regulatory refund offsets higher transmission, tax, and other pass-through charges.
The Philippine Deposit Insurance Corp. is pushing sweeping legislative reforms to modernize the country’s deposit insurance system, including broader coverage, faster claims payment, and new powers to contain financial crises.