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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BSP gives P40M to health, humanitarian bodies

The Bangko Sentral ng Pilipinas (BSP) has extended fresh financial support to four major institutions delivering critical healthcare and humanitarian aid across the country, donating a total of P40 million.

Cosmetics industry ramps up sustainability push under EPR

The Philippine cosmetics industry is stepping up efforts to cut packaging waste and improve recovery systems as companies navigate mounting responsibilities under the country’s Extended Producer Responsibility (EPR) framework.

InLife advisers highlight financial independence, career opportunities

Insular Life (InLife) is encouraging more Filipinos to consider careers in financial advisory, citing opportunities for financial independence, flexible work arrangements and personal fulfillment through helping clients achieve greater financial security.

Business groups urge stronger safeguards in procurement bill

Three business and governance groups are urging Congress to tighten safeguards against hidden ownership, conflicts of interest and circumvention of procurement rules as lawmakers work to finalize a proposed government contracting integrity law.

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