MANILA -- The Philippine Stock Exchange (PSE) is forecasting that initial public offerings will double this year after a weak 2023, but analysts caution that rate cuts could be key to hitting that ambitious target.
Markets
Philippine stock exchange eyes IPO rebound after weak 2023
Interest rate cuts crucial for more new share sales this year, analysts say
The Manila bourse expects six IPOs this year, double the number in 2023. (Photo by Ken Kobayashi)
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