Tag: Mynt

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Mynt IPO May Put Philippine Stocks Back in Play

The planned initial public offer of Mynt, the company behind GCash, could do more than raise fresh capital. It may provide the Philippine stock market with the kind of growth story it has been missing.

Mynt says to offer 12% stake in planned  IPO

Mynt, the operator of financial super app GCash, has taken a major step toward what could become one of the Philippine market’s largest technology listings after securing board and shareholder approvals for a proposed initial public offering.

Globe earnings climb despite economic headwinds

Globe Telecom opened 2026 with stronger revenues and operating profits as rising mobile data usage, expanding fiber adoption, and growing digital finance contributions helped cushion the impact of a challenging economic environment.

Globe profits hold firm in 2025 as data, GCash drive growth

Globe Telecom closed 2025 with solid earnings despite heavier depreciation and financing costs, underscoring how scale, data-led growth and digital finance continue to anchor profitability even as margins faced pressure.

Ayala’s Mynt secures SEC nod for capital stock change

Ayala Corp., the diversified investment holding company of the Ayala Group, said that the Securities and Exchange Commission (SEC) has approved the amendment of...

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Asian Terminals secures 25-year Manila South Harbor concession renewal through 2063

Asian Terminals Inc. (ATI) has secured a 25-year extension of its contract to run and develop Manila South Harbor, keeping its role as operator of one of the country’s most important gateways until 2063.

Pag-IBIG socialized housing loans jump 175%, 20,000 homes offered in Davao

Pag-IBIG Fund more than doubled its financing for socialized housing in the first 10 months of 2026, extending homeownership opportunities to low-income families as it brings more than 20,000 housing units to a two-day fair in 4PHDavao City.

GSIS net income rises 14% to P123B in 9M 2026

The Government Service Insurance System (GSIS) posted a net income of P123 billion in the first nine months of 2026, up 14 percent from P108 billion in the same period last year, putting the state pension fund on firmer ground to expand services and finance renewable energy programs for its members.

BSP keeps 3% credit card interest cap, raises installment and cash advance fee limits 

The Bangko Sentral ng Pilipinas (BSP) has maintained the 3.0-percent monthly ceiling on finance charges for unpaid credit card balances while raising the limits on installment add-on rates and cash advance processing fees.

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