Amidst a sluggish market and investor wariness, Maynilad Water Services Inc. (MYNLD) surged to one of the year’s most sought-after listings, with its landmark initial public offering oversubscribed 2.7 times.
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Maynilad Water Services Inc. is poised to make history on Friday, not just as the biggest initial public offering (IPO) in recent memory, but also for a special VIP guest.
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The state gambling regulator’s revenue suddenly fell in the third quarter of 2025 as a broader government crackdown on online gaming interrupted a relentless growth streak since the global pandemic faded three years ago.
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Philippine Airlines (PAL) has added Southwest Airlines Co. as its third US partner, strengthening its trans-Pacific network and giving travelers more seamless connections across America.
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The local stock market limps toward year-end battered and bruised, as investors cling to faint hopes of a "Santa Claus rally" to lift spirits after a punishing year of losses and fading confidence.
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Metropolitan Bank & Trust Co. notched a record P37.3-billion net income in the first nine months of 2025, its highest so far, as steady loan expansion, improving margins, and strong cost control lifted results.
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Luxury spending in the Philippines is entering a quieter era as a national corruption crackdown pushes even the flashiest buyers to lie low.
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Philippine stocks extended their slide, nearing recent lows as foreign funds pulled out and confidence wavers amid corruption probes, soft growth signals, and mounting market unease.
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One of the most contentious issues during President Corazon Aquino’s administration in the mid-1980s was the debate over the U.S. military bases agreement—whether to allow the continued presence of American forces at Subic and Clark. Among the personalities who steadily—and inevitably—found themselves involved in the heated debates was then Congressman Felicito Cruz Payumo.
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