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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DA: 250K MT frozen fish imports with new incentives

The Department of Agriculture has issued supplemental guidelines for importing up to 250,000 metric tons of frozen fish and aquatic products to keep supplies steady during the lean fishing season.

Eala out of Asian Games tennis finals; keeps bronze

Alex Eala’s Asian Games gold-medal dream began Thursday like a script written for a Filipino tennis fairy tale. It ended instead with a familiar piece of hardware.

Gov’t bolsters action plan to safeguard sugar sector, protect supply and livelihoods

The government, led by the Department of Agriculture (DA) and Sugar Regulatory Administration (SRA), is stepping up coordinated efforts to tackle challenges facing the sugar industry, from destructive pests to rising costs and market competition. Under the direction of President Ferdinand Marcos Jr., the agencies are rolling out immediate support and policy reforms to secure production, sustain thousands of jobs, and keep fair prices and steady supplies for Filipino consumers.

Disinflation streak ends as September inflation seen to surge to 6.9%

The country’s four-month streak of slowing price increases is poised to come to a sharp halt, with headline inflation projected to accelerate to 6.9 percent year-on-year in September, up from 6.1 percent in August.

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