Mynt Inc., the operator of the dominant mobile wallet GCash, is planning to raise as much as ₱87 billion ($1.5 billion) in an initial public offering (IPO) that would mark the largest corporate debut in the country’s history. The financial technology firm plans to offer up to 9.23 billion...
The planned $1 billion initial public offering (IPO) by GCash parent Mynt Inc. is poised to inject much-needed liquidity into the Philippine stock market by drawing back international fund managers. “Over the long term, if Mynt performs well in the stock market and becomes part of the index...
With Mynt-GCash racing to become the first Philippine financial technology (fintech) initial public offering (IPO) to raise $1 billion and sister company Vitro Inc. also seeking approval for a ₱24-billion real estate investment trust (REIT) stock market debut, market experts are weighing whether...
Local equities face renewed downward pressure as resurfacing geopolitical friction in the Middle East and prospects of further domestic monetary tightening threaten to derail a recent market rally. Investor sentiment is turning bearish following the postponement of peace negotiations between the...
Vice President Sara Duterte will not attend the April 29 hearing of the House Committee on Justice on the impeachment complaints filed against her, her legal team said. At a press conference on April 23, defense spokesperson Atty. Michael Poa confirmed that Duterte would maintain her decision not...
Las Piñas City Mayor April Aguilar said residents can expect stronger flood prevention efforts as the city government rolled out newly procured heavy equipment to intensify its environmental and clearing operations. Aguilar unveiled a brand-new excavator and payloader -- massive reinforcements in...
The Office of the Vice President (OVP) under VP Sara Duterte on Tuesday, April 21, announced the extension of operating hours for its “Libreng Sakay” (free ride) program across the National Capital Region (NCR) in response to the scheduled three-day transport strike, set to run until April 23....
The Civil Service Commission (CSC) on Tuesday, April 21, reminded all government officials and employees to file their Statement of Assets, Liabilities, and Net Worth (SALN) on or before April 30, in compliance with Republic Act No. 6713 or the Code of Conduct and Ethical Standards for Public...
The Las Piñas City government released cash aid to 3,900 senior citizens across nine barangays as part of the first-quarter social pension program for 2026. Las Piñas City Mayor April Aguilar said the payout, led by the Department of Social Welfare and Development (DSWD), was conducted at the...
This week, stock market investors will continue to take cues from developments in the Middle East, particularly whether the temporary ceasefire will hold and if there will be progress in United States (US)-Iran negotiations. “Investors are expected to monitor developments among the countries...
The Department of Foreign Affairs (DFA) on Wednesday, April 8, said the Philippine government has expressed “cautious optimism” over the planned peace talks between the United States and Iran, which will be facilitated by Pakistan. In a statement, the DFA said it is hopeful that the...
Filipinos can expect partly cloudy to cloudy skies with isolated rain showers or thunderstorms across Metro Manila and the rest of the country on Easter Sunday, April 5, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). In its 5 a.m. bulletin,...
