PSE Looking to Revive REIT Under New Administration

The Philippine Stock Exchange, Inc. is said to be keen on reviving certain products and services that have stalled over the past six years or so. PSE President and CEO Hans B. Sicat revealed over the weekend that the PSE is hoping “for an environment that is a lot more open and forward-looking once the new leadership takes over.”

“When I say forward-looking, when you look at products and services in the capital markets, we should really be trying to work to turn these on locally rather than relying on structured things and since the Philippines is doing well, that is enough.” For now, the PSE is not rushing to decide on how the consolidation will go about. It is still awaiting any policy changes in light of the recent election.

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