PHILIPPINE STOCK EXCHANGE: LESS BROKERS UNDER SEC CAPITAL REPLENISHMENT SCHEME

In an interview with Bloomberg's Insight with Haslinda Amin, Ramon Monzon, President and Chief Executive Officer of the Philippine Stock Exchange (PSE), stated that the SEC's capital replenishment scheme had led to a reduction in the number of brokers. He discussed expectations for enhanced market liquidity, capital mobilization and prospects for major IPOs, including GCash and PLDT data centre units。