President Marcos has urged private corporations to lead by example in advancing transparency and environmental stewardship, calling Maynilad Water Services’ debut on the Philippine Stock Exchange (PSE) a “milestone for good governance and sustainable growth.” Speaking at Maynilad’s Initial...
It’s all systems go for the initial public offering (IPO) of Maynilad Water Services Inc., which is tagged to be the biggest stock offering in the last four years. Amidst the continuing political drama surrounding the floodgate mess, there is no stopping Maynilad’s IPO, especially with...
GCash, the country’s largest mobile wallet, is moving to democratize access to stock market debuts by integrating the fully digital Initial Public Offering (IPO) subscription feature within its GStocks PH platform. In a statement on Wednesday, Oct. 22, GCash said the move, in partnership with...
The debate continues on the extent of the damage the flood control mess has inflicted on the market value of listed companies, with estimates of the loss ranging from a low of ₱185 billion to a high of ₱5 trillion. Admittedly, regardless of the exact figure, the anomalies plaguing the...
The initial public offering of Maynilad Water Services Inc. is expected to proceed this month after the firm has secured commitments from cornerstone investors who will take up over half of the offered shares. On the sidelines of the 57th Finex Annual Conference, Maynilad Chairman Manuel V....
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Wednesday, July 23 reported that Ipo, Ambuklao, and Binga Dams continue to release water amid rising inflows caused by the southwest monsoon, or “habagat.” PAGASA hydrologist Aileen Abelardo said Ipo...
Market sentiment is showing certain signs of improvement, an emerging consensus among the biggest players. Amidst growing geopolitical tensions, the outlook remains positive, with the domestic bourse gradually becoming “more conducive” to initial public offerings (IPOs). Mobile wallet service...
The much-vaunted initial public offering (IPO) of GCASH, the leading mobile wallet service, may be pushed back despite the improved market sentiment following the successful and peaceful mid-term election. Yes, Virginia, market sentiment has shifted from the subdued conditions at the start of the...
The gates of four dams in Luzon remain open on Saturday, Oct. 26, following the onslaught of Severe Tropical Storm (STS) Kristine, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). (PAGASA / MANILA BULLETIN) In the latest data released by...
The number of initial public offerings is expected to surge next year as the expected decline in interest rates increases the attractiveness of equities versus fixed-income securities. In an interview at the sidelines of the EJAP-AboitizPower Renewable Energy Forum, BDO Capital and Investment...
Two major dams in Luzon are set to release water on Monday, Sept. 2, due to ongoing rains affecting the watersheds, said the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). During a press conference, PAGASA Hydrologist Rosalie Pagulayan said that Ipo Dam in...
Two major dams in Luzon are set to release water on Wednesday morning, July 24, due to ongoing rains affecting the watersheds, said the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). During the PAGASA climate forum, Hydrologist Sonia Serrano said that Ipo Dam...
