The Philippines is sitting on a goldmine of untapped initial public offering (IPO) opportunities, with over 400 large unlisted companies and state-owned enterprises (SOEs) that could expand the market if reforms make the process more attractive.
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San Miguel Corp.’s ambitious NAIA expansion plan isn’t just about adding terminals—it includes a bold move to relocate general aviation flights out of the airport complex, but will it win over the skeptics?
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SM Prime Holdings (SMPH), the Sy-led property giant, has launched its first share buyback in 22 years, with CEO Jeffrey Lim pointing to the steep drop in the share price as a sign of undervaluation.
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Backdoor listings ignite market buzz with speculative gains but often lead to sharp price drops and diluted shares post-disclosure.
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Davao-based tycoon Dennis A. Uy’s PH Resorts Group Holdings (PHR) is back on the negotiating table, this time with EEI Corp.—a construction leader linked to a powerful political figure—as its fourth potential investor.
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The hub, located within Terminal 3’s multi-level parking building, spans 6,000 square meters. It features 401 parking slots, 18 loading bays, and designated lanes for transport network vehicle service operators like Grab Philippines, aiming to reduce curbside congestion, improve traffic flow, and enhance passenger convenience.
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The simultaneous launch in eight locations, including Makati, Cebu and Davao, marked the comeback of the iconic Tamaraw, now redesigned to meet the evolving needs of Filipinos.
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The owner of Okada Manila has sold publicly-listed shell company Asiabest Group International Inc. to a consortium led by property developer PremiumLands Corp. in a potential backdoor listing deal.
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The biggest mall operator in the Philippines is poised for a record-breaking fourth quarter, fueled by a surge in November foot traffic as moviegoers packed theaters to watch blockbuster local and international films.
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