Tag: Philippine Stock Exchange

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Manulife launches normal shares repurchase

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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

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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

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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

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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

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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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PHILEXPORT seeks e-invoicing delay to protect exporters

Trade & Investments 0
The Philippine Exporters Confederation, Inc. (PHILEXPORT) is urging the Bureau of Internal Revenue (BIR) to defer mandatory electronic invoicing for one year, warning that a year-end rollout could strain exporters and disrupt supply chains.

XPENG enters Philippine market with six EV variants

Mobility 0
Chinese electric vehicle maker XPENG has officially entered the Philippine market, launching six variants across two models as it expands its footprint in Southeast Asia.

St. Luke’s adds laser system for faster vision correction

Education, Health & Science 0
St. Luke’s Medical Center–Global City has introduced the VisuMax 800 femtosecond laser system, expanding its range of advanced vision correction procedures and enabling laser treatment in seconds per eye.

Lopez lifts PUV fare adjustment freeze; new rates start September 28

Transport & Logistics 0
Transportation Secretary Giovanni Lopez has officially ended the moratorium on public utility vehicle fare adjustments, acting on the Land Transportation Franchising and Regulatory Board’s recommendation to restore rate changes put on hold last March. The new fares take effect this coming Monday, September 28, responding to sustained high fuel costs that have strained the sector.

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