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

SEC lifts Jia Financing suspension

MANILA, Philippines — The Securities and Exchange Commission (SEC) has lifted its temporary suspension order on Jia Financing Inc., allowing the company to resume operations. In a statement sent to the Inquirer on Friday, Jia Financing said it was focused on small and medium enterprise (SME) financing, clarifying that it was not an unauthorized online

PAL lines up nonstop Cebu-Guam flights for December

MANILA, Philippines — Flag carrier Philippine Airlines (PAL) is boosting its Visayas network with the launch of nonstop flights between Cebu and Guam beginning Dec. 16. In a statement Friday, the air carrier said the new routes using its Airbus A321ceo aircraft would run thrice weekly. READ: PAL A321ceo retrofit takes off Introducing this new