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).
Top Line Business Development Corp. launched its week-long initial public offering (IPO) on Monday, aiming to sell 22 percent of the Cebu-based company to raise approximately P624.6 million.
West Zone Maynilad Water Services Inc. announced plans to raise up to P43.78 billion in an initial public offering (IPO) at the Philippine Stock Exchange (PSE).
Cebu-based Top Line Business Development Corp. is in advanced discussions with a strategic investor ahead of its upcoming initial public offering (IPO) and listing on the Philippine Stock Exchange (PSE) in early April. The company aims to raise some ₱764 million from the sale of up to 2.14 billion primary shares, priced at an indicative ₱0.38 per share.
The country’s gross international reserves (GIR) reached US$104 billion as at end-May this year, according to preliminary figures from the Bangko Sentral ng Pilipinas (BSP). This reflects a slight drop from the previous month, caused mainly by the national government withdrawing funds from its foreign currency deposits with the central bank to pay off foreign debts, lower value of the BSP’s gold holdings due to falling global gold prices, and net foreign exchange transactions carried out by the central bank.
The Philippine automotive industry is renewing its push for a performance-based incentive program similar to the discontinued Comprehensive Automotive Resurgence Strategy (CARS), arguing that both internal combustion engine (ICE) and electrified vehicle production will be necessary to sustain local manufacturing and meet evolving market demand.
Janytte Siega is stepping into one of the most significant roles in the Philippine meetings and events industry as SM Hotels and Conventions Corp. (SMHCC) taps the seasoned hospitality executive to lead SMX Convention Center Seaside Cebu ahead of its scheduled opening in November 2026.
The Philippines and Japan have broadened their agricultural cooperation to include fisheries, upgrading a 2023 agreement through an enhanced Memorandum of Cooperation (MOC) signed during President Ferdinand R. Marcos Jr.’s state visit to Japan. Signed by Agriculture Secretary Francisco P. Tiu Laurel Jr. and Japanese Agriculture Minister Norikazu Suzuki, the expanded pact aims to speed up technology transfer, modernize both sectors, and strengthen food security amid climate risks, higher production costs, and rising food demand.