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).
The Department of Energy (DOE) confirmed on Monday that fuel prices will rise across the board this week, ending two consecutive weeks of reductions, as global oil markets remain volatile amid developments in the Middle East.
The National Power Corp. (NPC) is ramping up fuel storage capacity across its off-grid power facilities to secure energy supply and cut high delivery costs in remote communities nationwide.
In a major corporate move that underlines its long-term strategy, Lopez-led First Philippine Holdings Corporation has formally turned down an acquisition proposal from global private equity giant Kohlberg Kravis Roberts & Co. L.P. The decision preserves the parent company’s full equity control over its power generation arm, First Gen Corporation, despite an attractive financial premium offered by the international investor.
Globe has thrown its full support behind Education Secretary Sonny Angara’s call for telcos and social media platforms to join hands in strengthening online protections for Filipino children, as the Department of Education seeks broader industry collaboration to secure young people in digital spaces.