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Deloitte sees more IPOs next year

Deloitte is cautiously optimistic about initial public offerings (IPO) at the Philippine Stock Exchange (PSE) in 2025, noting that more money had been raised this year despite a dearth of listings.

'The buzzword is cautious optimism,' Deloitte Audit & Assurance Partner Darren Ng said in a briefing on regional prospects on Tuesday, adding that for the country, 'I think there should be more IPOs happening in 2025 and [from] a mix of different industries.'