PSE sets P175-B capital-raising goal for ’26

Despite the “crisis of confidence” arising from the flood control scandal, the Philippine Stock Exchange is targeting capital-raising activities this 2026 to reach as high as P175 billion, including the much-awaited initial public offering (IPO) of fintech unicorn GCash. “We raised about P140 billion last year. I said, give it a 20 percent to 25