Investment grade status opens benefits to PH

The 2018 report from global research and consultancy firm Oxford Business Group (OBG) will map outthe positive impact on the country’s capital market of the decision by Fitch Ratings, Inc. to award the Philippines investment status.

The Report: The Philippines 2018 by OBG will track the new products and services that the Philippine Stock Exchange (PSE) has begun introducing as part of a broader strategic expansion drive aimed at further boosting investor interest. The report analyzes key initiatives such as PSE’s short-selling program to enable investors to hedge and plans to launch a real estate investment trust market.

Marking OBG’s 10-year anniversary of operations in the country, the publication will also explore the investment opportunities emerging from the Philippines’ extensive infrastructure drive. Other topics to be analyzed include the anticipated shift of PSE to derivative products, which will support the exchange’s bid to become more competitive on the regional stage.

The PSE has signed a first-time memorandum of understanding (MoU) with OBG for its upcoming publication. Under the MoU, the exchange’s representatives will help OBG in producing the capital markets chapter of The Report: The Philippines 2018.

Ramon S. Monzon, president and CEO of PSE, said he looks forward to teaming up with OBG for its upcoming report and highlighting the myriad developments taking place at the exchange, which will be of significant interest to investors.

“The Philippine Stock Exchange’s current strategic plan is anchored on three themes: The development of new products and services, reinforcement of measures to widen the investor base and strengthening of capacity-building activities geared toward technology and people transformation,” Monzon shared.

He went on to say, “Obtaining investment grade rating has opened up a lot of doors for the country, and we at the exchange have directly felt its effects. I am delighted that we will have the opportunity to navigate Oxford Business Group’s readers through these exciting changes and highlight others that are fast approaching.”

OBG country director for Philippines Charlotte Van Camp said robust macroeconomic expansion that included six consecutive years of growth above six percent up to and including 2017 had supported the PSE’s plans to augment its portfolio of products and services.

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