Tag: Philippine Stock Exchange

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Manulife launches normal shares repurchase

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.

Alternergy marches forward as bell rings

Alternergy Holdings Corp. on Friday, November 21, led the bell-ringing ceremony at the Philippine Stock Exchange (PSE) to highlight its recognition as the first...

President Marcos urges SEC to fast-track reforms for capital market growth

President Ferdinand Marcos Jr. on Tuesday called on the Securities and Exchange Commission (SEC) to streamline its regulatory processes, reduce transaction costs, and accelerate reforms to support the growth of the Philippine capital market, aligning with the goals of the newly enacted Capital Market Efficiency Promotion Act (CMEPA).

It’s a go for Upson’s P4.88 billion IPO

Upson International Corp., a retailer of personal computers and information technology products, has secured the approval of the Philippine Stock Exchange (PSE) for its P4.88 billion initial public offering. 

Some share buyback programs coming to an end

A number of listed companies at the Philippine Stock Exchange have instituted share buyback programs in recent years, primarily to shore up sagging stock...

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En Tsumugi invests in Philippine battery recycling

En Tsumugi is investing in a lithium-ion battery recycling facility in the Philippines, betting on growing demand for local capacity to recover critical minerals as the country’s electric vehicle and battery industries develop.

Security Bank scales sanctions screening ahead of 2027

Security Bank Corp. has expanded its sanctions-screening coverage tenfold as it strengthens financial crime controls ahead of the Philippines’ next anti-money laundering mutual evaluation in 2027.

Revolut eyes Philippine digital banking, payments expansion

Global fintech Revolut is weighing a bigger push into the Philippine financial market, exploring digital banking and electronic money services as it looks to expand its cross-border payments business in the country.

ASEAN energy shift must balance growth, diversity

Energy transition within Southeast Asia must keep pace with economic growth while allowing member states to pursue different routes based on their resources and circumstances, Energy Secretary Sharon Garin said Tuesday, as countries within the Association of Southeast Asia Nation faces surging power demand and mounting pressure to decarbonize.

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