More MSMEs out to brave IPO mart
Philippine Daily Inquirer
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Good morning! More MSMEs are out to brave the IPO mart as 16 new companies are expected to make their debut. Meanwhile, the Gokongweis exit a loss-making petrochemical business which has been dragging down JG Summit’s profitability.
The 2024 GDP growth has been pegged at 5.8%, but Finance Secretary Ralph Recto says that the government might have missed its 2024 growth target. If the 2.2% decline in agriculture sector output is anything to go by, the writing seems to be on the wall.
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