Corporate

Manulife has secured approval from the Toronto Stock Exchange for a normal course issuer bid, allowing the insurance company to buy back and cancel up to 42 million of its common shares. Outside Canada and the U.S., Manulife said it may undertake similar buybacks in other markets where it is listed, such as the Philippine Stock Exchange, in compliance with local regulations.

The Philippines is set to ink 11 new loan agreements with Japan under Japanese fiscal year 2026, totaling JPY371.31 billion, roughly USD2.41 billion, strengthening the decades-long development partnership between the two nations.

Independent Commission for Infrastructure chairman Andres Reyes Jr., the former Court of Appeals presiding justice once known for slicing through case backlogs with quiet efficiency, is now helping build a new kind of remedy for bureaucratic gridlock.