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 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 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).
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.
A number of listed companies at the Philippine Stock Exchange have instituted share buyback programs in recent years, primarily to shore up sagging stock...
San Miguel Corp.-led New NAIA Infra Corp. (NNIC) has secured US government support to upgrade security screening systems at Ninoy Aquino International Airport, as the operator prepares the country’s main gateway for sharply higher passenger volumes.
Del Monte Pacific Ltd., led by the Campos group, saw its net income nearly triple in the first quarter of its fiscal year ending July, reaching $16.11 million (roughly P1 billion) from just $5.5 million a year earlier.
Visa and Maya have expanded their partnership to let users add Maya wallet cards to Google Wallet and use Google Pay across all Maya Visa cards—credit and wallet versions, both physical and virtual.
Cerberus Capital Management is looking to expand its Philippine investments after turning around the former Hanjin shipyard in Subic, where investments by the US firm and its tenants have reached USD500 million and created about 6,000 jobs.