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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EastWest simplifies bank access via app with full digital account opening, credit card applications

EastWest has expanded its EasyWay digital banking app to let Filipinos open savings accounts and apply for credit cards entirely from mobile devices, removing traditional hurdles to accessing financial services.

GCash still in early growth cycle, eyes banking expansion 

GCash, the fintech platform used by 49 million Filipinos or 42% of the population, remains in the early stages of development with significant room to expand into banking and other financial services, according to a senior business adviser.

PEZA: Luzon corridor offers ready industrial base

The Luzon Economic Corridor (LEC) can give investors a head start by plugging them into 218 established economic zones and 1,777 locator companies already operating along the Subic-Clark-Manila-Batangas corridor, according to the Philippine Economic Zone Authority (PEZA).

SEC greenlignts ACE Medical’s direct public offering

The Securities and Exchange Commission (SEC) has granted regulatory approval for two key transactions: the direct public offering (DPO) of Allied Care Experts (ACE) Medical Center - Pateros Inc. and the rental pool program of Arthaland Corp., a leading property developer.

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