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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Rice imports set to exceed 5 million MT, surpassing 2024 record

The Department of Agriculture confirmed that rice imports are on track to surpass 5 million metric tons this year, a figure that would exceed the previous all-time high of 4.81 million MT recorded in 2024.

Metro Manila office demand eases in Q3; tenants shift to knowledge, health sectors

Prime Philippines reports office demand softened slightly in the third quarter, with total space rented edging down to 53,200 square meters from 53,300 square meters in the previous three months.

P2.7-B Bayad Center stake sale to Kayana on track for April 2027 full settlement

The Manila Electric Co. (Meralco) confirmed Wednesday it expects to complete full payment for the P2.7-billion sale of its combined stake with subsidiary Corporate Information Solutions Inc. (CIS) in CIS Bayad Center Inc. to Kayana Solutions Inc. by April next year.

St. Luke’s named Southeast Asia’s third WGO center

St. Luke’s Medical Center-Global City has been designated a World Gastroenterology Organisation (WGO) Training Center, becoming only the third facility of its kind in Southeast Asia and expanding the Philippines’ capacity to train specialists in advanced digestive and liver care.

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