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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ACMobility charging network expands as BYD sales surge 

ACMobility has captured nearly half of the Philippines’ open-access electric vehicle charging network as it rapidly expands infrastructure alongside the surging sales of Chinese EV brand BYD.

Beverage group warns P20 tax could raise drink prices

A proposed P20 increase in the excise tax on sweetened beverages could push up drink prices and put further pressure on consumers and small retailers, the Beverage Industry Association of the Philippines (BIAP) warned.

Taiwan firms target PH energy, healthcare, farm gaps

Taiwanese companies are looking to expand in the Philippines by targeting gaps in energy, healthcare, agriculture, and digital infrastructure, with 125 firms showcasing technologies at Taiwan Expo 2026 in Manila.

ED Council approves key amendments to NSCR, MCIA PPP projects

The Economy and Development (ED) Council, which operates under the Department of Economy, Planning and Development (DEPDev) has given the green light to amendments covering the North-South Commuter Railway (NSCR) Operations and Maintenance (O&M) deal and the Mactan-Cebu International Airport (MCIA) public-private partnership (PPP) project, alongside adjustments to three major development programs and a review of class suspension rules.

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