Squads for sale cram to fill rosters in time for opening

NorthPort, or Pureblends or whatever brand it will carry moving forward, and Terrafirma—the perennial doormat—filled up some of their roster spots with the PBA’s 50th season two weeks away. Apart from re-signing Cade Flores to a new deal, the Batang Pier were able to sign up veteran shooter Von Pessumal, who was let go by

Ombudsman lifts suspension of GSIS’s Veloso

MANILA, Philippines — The Office of the Ombudsman lifted the suspension of Government Service Insurance System (GSIS) president Jose Arnulfo “Wick” Veloso and four other executives. The Ombudsman said their presence will not impede an inquiry into the pension fund’s disputed stock investment. In an order dated Sept. 17, acting Ombudsman Dante Vargas reinstated Veloso

Del Monte Pacific appeals trading suspension

MANILA, Philippines — Del Monte Pacific Ltd. (DMPL) has appealed to the stock exchange to lift its trading suspension. The canned fruit maker said its financial statements and operations “remain reliable” despite a rare disclaimer from its auditor. In a regulatory filing on Friday, the Campos-led company said that while an audit disclaimer would “constitute

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