PBA welcomes Titan Ultra Giant Risers after NorthPort sale

MANILA, Philippines–The PBA officially approved Pureblends Corporation’s purchase of the NorthPort franchise, with the team to be known as the Titan Ultra Giant Risers. Official schedules and rosters for the upcoming 50th season revealed the new team’s official name, which had been an open secret for weeks even when the sale was still pending league

IPO-bound Maynilad bags pioneering Green Equity label

MANILA, Philippines — Water utility concessionaire Maynilad Water Services Inc. bagged the first Philippine Green Equity label as regulators seek to deepen the local capital market by attracting more investors toward sustainability initiatives. In a letter to Maynilad on Sept. 26, the Securities and Exchange Commission (SEC) markets and securities regulation department confirmed that the water

IMI shutters Kuichong facility as part of China consolidation

MANILA, Philippines — Integrated Micro-Electronics Inc. (IMI), the listed semiconductors and electronics manufacturing arm of the Ayala Group, has shut down its Kuichong facility to consolidate its China business in a single location. In a regulatory filing on Wednesday, IMI said final production activities in Kuichong ended on Tuesday, Sept. 30. They are now integrating operations

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