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 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 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).
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.
A number of listed companies at the Philippine Stock Exchange have instituted share buyback programs in recent years, primarily to shore up sagging stock...
San Miguel Aerocity Inc. (SMAI), developer of the New Manila International Airport (NMIA), on Thursday confirmed the project incorporates robust, long-term flood mitigation engineering designed to protect both the airport and surrounding towns from Bulacan’s well-documented flooding risks—while clarifying the airport is not the cause of recent floods.
McDonald’s Philippines is expanding its electricity supply partnership with COREnergy to 23 more restaurants in the Visayas and Mindanao, seeking to lower power costs and make a major operating expense more predictable as it grows its nationwide network.
The Bank of the Philippine Islands (BPI) has become the country’s first universal bank to earn both ISO/IEC 27001:2022 (information security) and ISO/IEC 27701:2019 (data privacy) certifications, underscoring its commitment to protecting customer information amid growing digital transactions.
The Department of Finance (DOF) has opened nationwide consultations on the proposed ProGRESS Bill, putting its next tax reform package before businesses, taxpayers, and other stakeholders as the government refines the measure ahead of its legislative push.