PSE taps Bloomberg amid global push

Bloomberg APAC head of sales Bing Li (left) and PSE president and CEO Ramon S. Monzon sign a Letter of Intent to formalize a partnership boosting the local capital market.
Photograph courtesy of PSE

Bloomberg APAC head of sales Bing Li (left) and PSE president and CEO Ramon S. Monzon sign a Letter of Intent to formalize a partnership boosting the local capital market.
Photograph courtesy of PSE
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The Philippine Stock Exchange (PSE) seeks to attract more international investors through a landmark partnership with international business news outfit Bloomberg, focusing on global outreach, education and market transparency.
Under a collaboration sealed on Thursday, both organizations will host virtual roadshows, C-suite roundtables and other investor-focused events.
Enhanced training programs for Philippine-based investor relations professionals will also be developed to help local firms better communicate with global markets.
“Our capital markets are home to some of Asia’s most exciting companies. We want to amplify their growth and expansion initiatives, and sustainability endeavors,” PSE president and CEO Ramon Monzon said.
“We trust that upcoming discussions with market participants will spur more global interest in these listed firms and our markets,” he added.
Investors to flock
Bing Li, head of APAC at Bloomberg, said the outreach signals growing openness in the domestic market.
“As global investors seek greater exposure to Southeast Asian assets, they will inevitably be drawn to those markets that show an appetite to grow and evolve in ways comparable to other financial centers around the world,” Li said.
“This initiative can start an important dialogue with local market participants about how they can better tell their story to global investors through transparency and data,” he added.
The partnership is expected to elevate the visibility of Philippine-listed companies abroad while promoting discussions on market development and innovation, strengthening the country’s position in the region’s capital markets.