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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Converge ICT, AmCham Visayas ally to advance central PH digital transformation

Converge ICT Solutions Inc. and AmCham Visayas have formed a strategic alliance to drive digital transformation across the Visayas, boosting economic growth and enterprise resilience. Through Converge Global Business, their partnership was highlighted at the recent “Digital Transformation in Action” forum at Bai Hotel Cebu, attended by executives, officials, and industry leaders who recognized robust digital infrastructure as key to innovation and modernization.

Cebu panel clears Monterrazas development to proceed

A Cebu City technical committee has recommended allowing the 118-hectare Monterrazas de Cebu development to proceed after finding that its inspected water-retention facilities exceed design requirements, according to developer Mont Property Group.

2Go, Sy-group firms launch centralized logistics-permit system

Logistics firm 2Go Group Inc. partnered with SMX Convention Center, Central Business Park, and SM Estates to roll out a unified permit and logistics facilitation system at SMX and Mall of Asia Complex, formalized via MOU Tuesday.

Indian firms eye $66.8M PH investments, 7,500 jobs

Indian technology and manufacturing companies are lining up as much as USD66.8 million in investments in the Philippines that could generate up to 7,500 jobs, strengthening economic ties between Manila and New Delhi while spreading new projects beyond Metro Manila.

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