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).
Gilas Pilipinas was hanging on by a thread in overtime, with Jordan threatening to snatch away a game the Philippines had spent the night clawing back into.
International Container Terminal Services Inc. (ICTSI) announced Friday it will acquire 100 percent ownership of TLG Acquisition Holdings (RF) Proprietary Limited (TLG), a leading integrated port and cargo-handling services provider operating across Mozambique, Namibia, and South Africa.
Listed PhilWeb Corp. (PSE: WEB) has elected Lance Y. Gokongwei as chairman of its board, completing a governance overhaul following his P2.02 billion strategic investment in the company and appointment as a director in July.
The Bangko Sentral ng Pilipinas (BSP) today welcomed the Japan Credit Rating Agency (JCR)’s affirmation of the Philippines’ “A-” investment-grade credit rating with a stable outlook, a vote of confidence in the country’s solid economic fundamentals even amid growing global uncertainty such as the ongoing conflict in the Middle East.