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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EMS Group boosts capacity to fuel AI boom

Artificial intelligence is pushing local manufacturing to the limit. Electronics manufacturing giant EMS Group is rolling out an aggressive, multi-year capacity expansion to keep pace with skyrocketing demand for artificial intelligence hardware.

Peso, stocks brace for volatile week ahead

The peso and Philippine equities enter Monday facing another potentially volatile week as investors weigh persistent inflation pressures, softer growth prospects and expectations of further monetary tightening.

Taiwanese manufacturer puts $1.5B into Clark

A Taiwanese manufacturing company is committing up to USD1.5 billion to build a major facility in New Clark City, bringing a potentially large export and jobs boost to the Philippines’ industrial sector.

Hung claims maiden Asian Tour title with dramatic Taiwan Masters finish

Chinese-Taipei’s Hung Chien-yao captured his maiden Asian Tour title at the Mercuries Taiwan Masters on Sunday, sinking a clutch 20-foot birdie putt on the final hole to defeat Australia’s Wade Ormsby by one stroke after nearly surrendering a commanding lead.

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