Philippines market operator has record-breaking year, sees more listings of Reits, SMEs ahead

Buoyant activity on PSE comes on back of efforts to make it more friendly as listing destination, says president

Published Fri, Nov 26, 2021 · 05:50 AM

Singapore

THE Philippine Stock Exchange (PSE) has had a stellar run over the past year, with capital-raising activities approaching records, as well as its largest-ever initial public offering (IPO) coming to the market.

The buoyant activity on the exchange comes on the back of efforts undertaken in recent years to make it more friendly for companies as well as real estate investment trusts (Reits) to list, PSE president Ramon Monzon told The Business Times in an interview.

And he remains hopeful that some of these initiatives will continue to pay off in the coming years.

Between 2018 and 2020, Monzon said more capital raisin…