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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Vivant Water desalination project boosts Cebu water supply

Vivant Water has begun supplying desalinated water to the Metropolitan Cebu Water District (MCWD), adding an initial 5 million liters per day to the system as Cebu seeks more reliable sources to meet rising demand.

Australian investors with A$1.4 trillion scout Philippine deals

Australian institutional investors overseeing nearly A$1.4 trillion in assets are in the Philippines this week to scout deals in energy, infrastructure, and other strategic sectors, bringing a potentially deep pool of long-term capital to the country.

IBPAP coalition targets global firms for $50B IT-BPM goal

The Philippines’ IT-BPM industry is mounting a fresh global investor push to help drive annual revenues past USD50 billion by 2028, with industry groups and corporate partners targeting new markets and higher-value operations.

Globe AT HOME, Grab expand on-demand fiber internet service to key PH cities 

Getting fiber internet at home is now as simple as ordering food delivery, as Globe AT HOME and Grab expand the country’s first order-and-install WiFi-on-demand service to more customers in Metro Manila, Cebu, and Davao.

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