PSE gearing up for record capital raising in 2025

Despite uncertainties posed by United States (US) tariffs, the Philippine Stock Exchange's (PSE) pipeline for capital to be raised at the bourse is getting more robust with the target for 2025 upgraded again, this time to P186.3 billion as more firms apply to list stocks for the second semester.

- BY JAMES A. LOYOLA

"I'm glad to report, I think we'll be hitting at least P180 billion in capital raising this year, and hopefully more, if there are more applications we receive in the third and fourth quarters," said PSE President Ramon S. Monzon in a press briefing after the bourse's annual stockholders' meeting on Saturday.

At the start of the year, he said the PSE's target was P120 billion and this target was increased to P170 billion last May even without counting the much-anticipated giant initial public offering (IPO) of GCash or Mynt, since the firm has yet to file its application.