THE Philippine Stock Exchange, Inc. (PSE) was named Best Stock Exchange in Southeast Asia by institutional investment magazine Alpha Southeast Asia. The award will be conferred during the Marquee Awards of the Alpha Southeast Asia Deal Awards on Feb. 13 in Kuala Lumpur, Malaysia.
This is the fourth time that the PSE was recognized as the best bourse in Southeast Asia in the last five years.
“The Philippine Stock Exchange stands apart given its continuing investments in its internal systems to facilitate the upside potential the country now represents after years in the shadows of its neighbors,” the award-giving body noted.
“Our accomplishments in 2017 would not have been possible without the hard work of the PSE team and the support of our regulators and various stakeholders. We will continue to do our best to fulfill our vision of becoming a world-class exchange,” said PSE president and CEO Ramon S. Monzon.
The Marquee Awards cited the technology developments, product launches, investment literacy initiatives of the PSE. It also noted the upbeat prospects for PSE this year.
“The upside for PSE remains high as it has the strongest potential for growth in 2018 given the solid economic fundamentals of the country as the global economic outlook improves and investors return to what is increasingly known as the safest haven in Asia with improving investments prospects for foreign and institutional investors.” (PR)