The signing ceremony, highlighted by a symbolic bell ringing, took place at the PSE headquarters and was attended by senior executives from both the Philippine Stock Exchange and Taipei Exchange.
This strategic agreement aims to foster cooperation in several critical areas of market development, particularly on small and medium enterprises (SMEs), environmental, social and governance (ESG) initiatives, and innovative financial products.
In his welcome remarks, PSE President and CEO Ramon S. Monzon emphasized the importance of the partnership:
“This MOU signals the start of our collaborative endeavors including the sharing of best practices and learning opportunities. I believe that any initiative we will pursue together will ultimately benefit our respective markets and stakeholders.”
The MOU outlines potential areas for joint initiatives including SME market incubation programs, enhancement of ESG standards, and the development of products such as indices, exchange-traded funds (ETFs), and bond and equity derivatives. These areas are seen as vital for market diversification and resilience.
Monzon noted that the PSE is particularly interested in learning from TPEx’s strong track record in bond and SME markets.
The collaboration aligns with PSE’s long-term goal of creating a more inclusive and dynamic capital market ecosystem that supports the growth of local enterprises and enhances investor participation. —Ed: Corrie S. Narisma
