Casinos may lead Philippines IPO revival in 2025, top bank says
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Philippine casinos Okada Manila and Hann Casino Resort may revive IPO plans in 2025, targeting to raise around US$200 million each; BDO Capital's Gabriel Lim and Eduardo Francisco discuss potential market recovery; Philippine shares in technical correction due to economic growth concerns and US election uncertainties; only three companies listed in 2024, missing IPO targets; BDO's stock index estimate revised amid global uncertainties; optimism remains for the consumption-driven economy despite challenges.
#Philippines #Ipo #Casinos #StockMarket #BdoCapital #OkadaManila #HannCasino #EconomicGrowth #Investments #FinancialNews
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