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 Tourism Promotions Board (TPB) Philippines has partnered with the Primer Group of Companies to launch "The Philippines by Foot," a new initiative positioning the country as a top destination for walking and mindful travel.
A massive shipment of imported onions left abandoned at the Manila International Container Port (MICP) is now set for disposal after laboratory tests confirmed the cargo poses health risks, intensifying government action against deteriorating perishable imports clogging port facilities.
Once a vital source of food and livelihood for communities in Malapatan, Sarangani, the Sapu Masla River had deteriorated due to poor waste management and slash-and-burn farming practices. Uncontrolled soil erosion from deforested uplands carried silt downstream, turning waters murky, increasing flood risks, and threatening local livelihoods.
The Manila Electric Company (Meralco), led by Manuel V. Pangilinan, and the Philippine National Police (PNP) have reaffirmed their partnership to stop the theft and pilferage of power facilities and materials across Meralco’s service area.