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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NFA boosts rice stocks, advances modernization at 54

The National Food Authority is ramping up rice procurement, distribution, and facility upgrades as it marks 54 years, with Agriculture Secretary Francisco P. Tiu Laurel Jr. affirming the agency’s vital role in steady, affordable rice supply for Filipinos.

NTC fines 3 Telcos over poor Metro Manila broadband service 

The National Telecommunications Commission (NTC) has launched enforcement proceedings against the country’s three major mobile network operators, imposing daily fines of P100,000 each over persistently poor mobile broadband performance in parts of Metro Manila.

UK Trade Minister visits Jollibee in BGC

UK Trade Minister Anas Sarwar visited Jollibee’s BGC Triangle Drive store in Taguig City this week, as part of his official trip to the Philippines.

East Asian languages catch fire in Indonesia

Indonesia ranks among Duolingo’s five fastest-growing global markets by daily active user growth, reflecting huge national demand for language learning. CEO Luis von Ahn confirmed this during talks with Indonesian creator Raditya Dika at Duolingo’s New York office, saying “We’re very interested in the Indonesian market” and highlighting plans to expand English, Chinese, Japanese, Korean and other language courses for local users.

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