For generations, the work of a mananguete has depended on strong legs, steady hands and a willingness to climb towering coconut trees in the dead of night. For mechanical engineer Arniel “Maxi” Cunahap, it also became the inspiration for a patented invention that could transform one of Philippine agriculture’s most dangerous jobs.
The Securities and Exchange Commission is redrawing the rulebook for companies eyeing a stock market debut, proposing a tiered minimum public ownership (MPO) framework that could make it easier—especially for large firms—to list on the Philippine Stock Exchange.
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...
The Bureau of Internal Revenue (BIR) is accelerating digitalization and audit reforms to cut the cost of tax compliance, improve investor confidence and support the Philippines’ industrial expansion.
The British Chamber of Commerce of the Philippines (BCCP) has opposed a proposed pork import holiday and higher tariffs, warning that restricting supplies ahead of Christmas could intensify food inflation while African swine fever (ASF) continues to constrain domestic production.
The MICHELIN Guide 2027 recognized 127 restaurants across Metro Manila, Cavite, Pampanga and Cebu, expanding its footprint across the country and signaling that Philippine dining is becoming harder for the world’s food scouts to ignore.
Philippine cement makers are banking on a pickup in government infrastructure spending to stabilize demand at about 34 million tons this year, as the industry grapples with excess capacity, high energy costs, and a weaker peso.