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).
Surigao Doctors’ Hospital, Inc. has become the first medical facility in Surigao del Norte and northeastern Mindanao to run entirely on renewable energy, through a supply partnership with the country’s largest renewable energy producer, First Gen Group.
Glory (Philippines), Inc. is looking to expand its Philippine operations beyond manufacturing into logistics and other value-adding services, potentially broadening the country’s role in the Japanese company’s global supply chain.
The Department of Agriculture (DA) and Department of Energy (DOE) are exploring cheaper, more varied feedstock options to make local bioethanol price-competitive with imported fuel—while safeguarding farmers and existing crop industries—as the government eyes a higher fuel-ethanol blend and reduced reliance on imported fossil fuels.
The Department of Agriculture (DA) is seeking a P198.45-billion budget for 2027—P17.25 billion or 8 percent less than the P215.69 billion approved for 2026—even as it faces persistent pressures to secure food supply, boost farm incomes, and strengthen national food security.