Bloomberg APAC Head of Sales Bing Li and PSE President and CEO Ramon S. Monzon signed a Letter of Intent to seal a partnership dedicated to strengthening the Philippine capital market.
The Phiippine Stock Exchange and Bloomberg have partnered to launch a series of joint investor outreach activities inside and outside of the country with the aim of broadening the global investor community’s understanding of the Philippine capital markets.
As part of the new joint effort, both organizations will work together on a series of events targeted at international investors, including virtual roadshows and C-suite roundtables.
In tandem, both groups will work together to explore enhanced training opportunities for Philippine-based Investor Relations professionals.
The new collaboration between Bloomberg and PSE will see both companies embark on a wide-ranging education campaign for investors and listed companies, in support of PSE’s efforts to drive greater awareness of Philippine capital markets and fostering discussion about potential market development opportunities and innovations.
PSE President and CEO Ramon S. Monzon said that the initiative is an important step in the development of Philippine capital 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. We trust that upcoming discussions with market participants will spur more global interest in these listed firms and our markets,” Monzon noted.
Bloomberg Head of APAC Bing Li said the outreach initiatives and growing openness of the Philippine capital market are an important signal to investors looking to access the region.
“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.
“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. We’re proud to work with the PSE and Philippine-based companies as they showcase their value to institutional investors everywhere,” he added.