The domestic capital market ground to a complete halt in the first half of the year, failing to log a single initial public offering (IPO) even as Southeast Asian neighbors captured billions in blockbuster listings. According to data from the Deloitte Southeast Asia Mid-Year IPO Snapshot 2026, the...
On June 11, 2026, SpaceX went public. The company debuted at $135 per share, raising approximately $75 billion and achieving a valuation of roughly $1.77 trillion—making it the largest initial public offering (IPO) in history. Overnight, SpaceX became worth more than Boeing, Mastercard, Disney,...
Leading e-wallet GCash will sell up to 13.8 percent of its outstanding stock on the Philippine Stock Exchange (PSE) to raise as much as ₱92.3 billion, in what could potentially be the country’s largest public listing ever. GCash parent company Mynt Inc. announced that it filed an application to...
The long-awaited initial public offering (IPO) of the company behind the popular e-wallet GCash—expected to be the country’s largest-ever listing by raising more than $1 billion—is finally underway as the company formally takes its first step toward going public. Mynt Inc., backed by Globe...
Maynilad Water Services Inc. has tapped International Finance Corp. (IFC) for a $500,000 infrastructure advisory services project aimed at strengthening the west zone concessionaire’s sustainability and resilience strategy. In a disclosure last Monday, June 15, IFC said the project was approved...
Initial assessments found that documents reported to have been leaked in connection with ASEAN 2026 preparations were purely administrative and did not contain sensitive policy or deliberative materials, the Department of Information and Communications Technology (DICT) said on Friday, Jan. 16....
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 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 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...
Filipino-led renewable energy (RE) firm NexGen Energy Corp. (XG) had secured regulatory approvals for its initial public offering (IPO), which will wind up at its July 16 listing at the local bourse. The company announced that it cornered both the go-signal of the Securities and Exchange Commission...
