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).
Lawmakers have filed a measure seeking to create the country’s first formal system for consumer-controlled financial data sharing, alongside a new independent commission, to help millions of Filipinos prove their credit standing and gain easier access to financial services.
GoTyme Bank has partnered with the Philippine Statistics Authority to become one of the first local banks to connect directly to the National ID Authentication Services. This integration lets customers open accounts in as fast as five minutes without scanning or uploading physical papers. Instead, they may use their PhilSys ID QR code, card number, or basic name and birth details for real-time, official checks. The move removes common hurdles that keep many Filipinos from accessing banking services, supporting the bank’s goal of easier, more inclusive finance for all.
Maibarara Geothermal Inc. (MGI) has signed a deal with Lopez Group affiliate ThermaPrime Drilling Corp. to carry out exploratory drilling across Batangas and Laguna from 2026 to 2027. Led by the Yuchengco group, MGI said the work will check untapped areas for possible new geothermal power facilities. The project will involve up to four wells drilled to depths of up to 3,000 meters, with operations set to begin in October this year and finish by May 2027. MGI currently runs a 32-megawatt geothermal plant in Batangas.