Philippine firms turn more pessimistic in Q3

MANILA, Philippines — Businesses in the Philippines grew less confident in the third quarter, held back by the seasonal lull during the “ghost month” and the drag from US tariff headwinds, the Bangko Sentral ng Pilipinas (BSP) reported on Friday. Consumers, however, turned slightly more optimistic, buoyed by expectations of rising incomes and improving job

Maynilad postpones IPO again to Nov. 7

MANILA, Philippines — Maynilad Water Services Inc. delayed its initial public offering (IPO) a second time, this time aiming to list by Nov. 7 to give investors time to better understand its business. READ: Maynilad wins cornerstone investor support In a disclosure to the Philippine Dealing and Exchange Corp. on Thursday, the concessionaire said it