Tag: IPO

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DA orders nationwide survey to check issues in farm aid distribution

The Department of Agriculture (DA) has ordered a nationwide ground survey of farmer-beneficiaries to verify complaints about allegedly substandard seeds, questionable fertilizer quality, and unreliable farm machinery distributed through government programs.

DTI empowers OFWs with P2B Negosyo Fund

The Department of Trade and Industry (DTI) is providing a boost to returning migrant workers with the launch of its P2-billion OFW Negosyo Fund, a program aimed at turning remittances into thriving local enterprises.

Rising price pressures seen despite February inflation staying within target

Price pressures have been gradually building in recent months, even as February inflation remained within the central bank’s target and broadly in line with market expectations, according to economist Jonas Ravelas.

DOT drives to attract South Korean tourists back

The Philippines is doubling down on South Korean travelers, with the Department of Tourism leading a full-throttle campaign to reclaim its crown as the top overseas destination.

Strong IPOs begin long before listing day—Unicapital

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 stock split fuels GCash IPO speculation

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 starts IPO, aims to raise P624.6M for expansion

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.

Maynilad raising over P43B in proposed IPO

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).

Top Line in advanced talks with strategic investor

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.

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DTI empowers OFWs with P2B Negosyo Fund

The Department of Trade and Industry (DTI) is providing a boost to returning migrant workers with the launch of its P2-billion OFW Negosyo Fund, a program aimed at turning remittances into thriving local enterprises.

Rising price pressures seen despite February inflation staying within target

Price pressures have been gradually building in recent months, even as February inflation remained within the central bank’s target and broadly in line with market expectations, according to economist Jonas Ravelas.

DOT drives to attract South Korean tourists back

The Philippines is doubling down on South Korean travelers, with the Department of Tourism leading a full-throttle campaign to reclaim its crown as the top overseas destination.

Bloomberry exits South Korea casino business after Jeju spin-off

Bloomberry Resorts Corp., the gaming firm controlled by billionaire Enrique K. Razon Jr., has completed its exit from the casino business in South Korea following the spin-off of its gaming operations in Jeju Island.
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