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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EJ Obiena defends Asian Games crown, sets record

Ernest John “EJ" Obiena defended his Asian Games pole vault title Tuesday, but the Filipino champion left Japan with something almost as intriguing as the gold medal: a six-meter question left unanswered.

Colliers flags property slowdown as developers turn selective 

The Philippine property market is slowing, but developers are not exactly heading for the exits. Instead, a weak economy, higher borrowing costs, and geopolitical uncertainty are prompting a more deliberate approach to launches, leasing, and expansion, according to Colliers Philippines.

Philippines pushes ASEAN export controls to curb illicit tobacco trade

The Philippines is pushing for a coordinated ASEAN approach to illicit tobacco trade, proposing that exporting countries require cigarette shipments to comply with the regulatory and tax requirements of their declared destination markets.

Innovation makes InLife insurance accessible

InLife is stepping up efforts to make insurance easier to access as Filipinos increasingly turn to digital platforms for financial and everyday services.

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