Citystate Savings Bank reels in P735M from CS Capital

2025 年 9 月 26 日 general

MANILA, Philippines Hong Kong-listed CS Capital Investment Pte. Ltd. has completed its acquisition of a minority stake in Citystate Savings Bank Inc. This is a P735.9-million deal that would enable the bank to expand its market reach and speed up digitalization efforts. As a result of the deal, Cabangon-led Citystate gave two board seats to

Maynilad again delays IPO, this time by Nov. 7

2025 年 9 月 26 日 general

MANILA, Philippines — Maynilad Water Services Inc. has again delayed its stock market debut. This time, it is aiming to list no later than Nov. 7. The company said so in a disclosure to the Philippine Dealing and Exchange on Thursday. It had opted to revise its initial public offering (IPO) timetable to accommodate cornerstone

DHL Express to raise prices by 5.9% starting Jan. 1, 2026

2025 年 9 月 25 日 general

MANILA, Philippines — DHL Express has announced price adjustments that will take effect on Jan. 1, 2026. The increase in the Philippines will be 5.9 percent. “We remain committed to helping our customers navigate the complexities of the current global trade landscape, which has been significantly impacted by recent geopolitical shifts,” said Nigel Lockett, country