The Philippine Stock Exchange (PSE) has been conferred the “Marquee Award” as “Best Stock Exchange in Southeast Asia” by institutional investment magazine Alpha Southeast Asia.

The PSE received the award in the 7th Alpha Southeast Asia Best Solution and Deal Awards in Kuala Lumpur, Malaysia. For seven years now, Alpha Southeast Asia, headquartered in Hong Kong, has been awarding people and institutions behind the best and most innovative corporate investments and banking solutions in the region.

Philippine PSE
The award cited the PSE’s record-breaking performance in 2013

 

The award cited the PSE’s record-breaking performance in 2013: Bellwether PSE Composite Index’s (PSEi) breach of 7,000-point mark, remarkable trading growth, significant capital-raising, corporate governance initiatives, enterprise, and best practice approach to risk management.

PSE pro-disclosure stance was also cited by the panel as one of the reasons for foreign investors’ ease of doing business in the country.

“The performance of the equity market underscores how the Philippine equity market has been partially insulated from global volatility as it is dominated not only by local investors but also by foreign investors who believe in the investment fundamentals of the Philippines,”

it said.

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

ASEAN commences work on ASEAN Community’s Post-2025 Vision

Composed of Eminent Persons (EPs), High-Level Representatives (HLRs) from each ASEAN Member State and the Secretary-General of ASEAN, the HLTF is mandated to develop the ASEAN Community’s Vision beyond 2025.

ASEAN on-track to become the fourth-largest economy in the world

According to the ASEAN Development Outlook (ADO) report, the total combined GDP of 10 ASEAN countries in 2019 was valued at $3.2 trillion – making ASEAN the fifth-largest economy in the world, well on track to become the fourth largest by 2030. With a total population of about 700 million people, 61% are under the age of 35 – and the majority of young people are embracing digital technologies in their daily activities.