Philippine Bourse Plans Cebu Expansion

The Philippine Stock Exchange’s newly elected directors are planning to expand to Cebu.

The Philippine Stock Exchange’s (PSE) newly elected directors are planning to expand to Cebu, GMA News reports. The directors are seeking to speed up PSE’s participation in the trading link with the Association of Southeast Asian Nations (ASEAN) bourses in Bangkok, Kuala Lumpur and Singapore.

The PSE will soon start its Cebu City office, which will serve as the staging point for various capital markets development activities targeted for the Visayas island. The PSE’s former finance secretary, Jose Pardo, has been elected as the board Chairman, while Hans Sicat got another term as president and CEO.

Click here for the story from GMA News.