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).
Bribery has emerged as the impeachment allegation against Vice President Sara Duterte that Filipinos consider the most serious, according to the latest nationwide survey by OCTA Research. The findings suggest the public distinguishes among the allegations rather than viewing the impeachment case as a single political issue.
Thai companies are exploring investment opportunities in the Subic Bay Freeport, signaling growing regional interest in the Luzon Economic Corridor (LEC) as the Philippines positions the flagship growth corridor as a magnet for foreign capital and supply chain investments.
The Federation of Philippine Industries (FPI) is calling for a tougher crackdown on electricity theft and illegal power connections, arguing that reforms to reduce consumers' electricity bills will have a greater impact if they also address long-standing inefficiencies that continue to drive up costs across the power sector.
The Philippine mango has long been celebrated for its sweetness. Now it has found a different kind of distinction, becoming the muse for an award-winning Japanese porcelain artwork that captures how culture, much like trade, often flourishes through unexpected exchanges.