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MANILA, Philippines – The Philippines missed Southeast Asia’s initial public offering (IPO) rebound in the first half of 2026, with no companies going public even as the region more than doubled the amount of capital raised from stock market debuts, according to Deloitte.
The global advisory firm said in its latest report that the Philippine market remained subdued as issuers weighed valuation expectations, dilution concerns and evolving public float requirements.
READ: Record-breaking: GCash applies for P 92.3-B IPO
Still, it said the country’s IPO pipeline could gain fresh momentum with the expected listings of Mynt Inc., the parent of GCash and PLDT’s Vitro data center REIT.
