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 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 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).
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.
A number of listed companies at the Philippine Stock Exchange have instituted share buyback programs in recent years, primarily to shore up sagging stock...
The Bangko Sentral ng Pilipinas (BSP) has extended fresh financial support to four major institutions delivering critical healthcare and humanitarian aid across the country, donating a total of P40 million.
The Philippine cosmetics industry is stepping up efforts to cut packaging waste and improve recovery systems as companies navigate mounting responsibilities under the country’s Extended Producer Responsibility (EPR) framework.
Insular Life (InLife) is encouraging more Filipinos to consider careers in financial advisory, citing opportunities for financial independence, flexible work arrangements and personal fulfillment through helping clients achieve greater financial security.
Three business and governance groups are urging Congress to tighten safeguards against hidden ownership, conflicts of interest and circumvention of procurement rules as lawmakers work to finalize a proposed government contracting integrity law.