PH named 2015 Best Stock Exchange in ASEAN

The Philippine Stock Exchange, Inc. (PSE) has been named the 2015 Best Stock Exchange of the Year in the Association of South East Asian Countries (ASEAN) by the annual Alpha Southeast Asia Deal & Solution Awards.

PSE opens first trading day of 2016
PSE opens first trading day of 2016 [via PSE]

The institutional investment magazine’s regional awards cited the PSE for its corporate governance programs and its new trading engine, the PSEtrade XTS.

The awards also recognized the capital raising activity at the Exchange and its PSE index climb to the 8,000 level in April 2015.

The award-giving body citation states, “PSE spent a large part of the year continuously pushing the boundaries and is now striving to encourage world-class standards of disclosure and corporate governance among its listed companies in the Philippines.”

It further stated, “Investors acknowledge the upside for PSE remains high as it has the strongest potential for growth in 2016 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 investment prospects for foreign and institutional investors.”

The award ceremony of the 9th Alpha Southeast Asia Deal & Solution Awards 2015 will be held on February 2, 2016 in Kuala Lumpur, Malaysia. 

In 2013, the PSE also received the Best Stock Exchange in Southeast Asia award from Alpha Southeast Asia magazine.

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The Good News Pilipinas Team is a group of Filipino journalists who advocate putting more good news stories about the Philippines and Filipinos on the media.