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).
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.
The Philippines and Canada have elevated their bilateral relationship to a Strategic Partnership, signaling a broader push to deepen trade, investment and labor cooperation as both countries target the completion of negotiations for a bilateral free trade agreement (FTA) before the end of the year.
Globe has laid out its progress in building a more connected, resilient, and sustainable Philippines in its 2025 Integrated Report, titled “Foundations for the Future: Building Resilience Through a Connected Nation.” The document outlines how the company is embedding sustainability into its core strategy, balancing business growth with expanded digital access, environmental responsibility, and transparent reporting.
The national government's outstanding debt climbed to P18.55 trillion at the end of May as robust domestic borrowing more than offset the relief from a stronger peso, underscoring Manila's continued reliance on the local bond market to fund its spending program.
In a major shift for the local telecom industry, rivals PLDT Group (including its wireless arm Smart Communications) and DITO Telecommunity have signed a landmark agreement to share critical network infrastructure nationwide.