SunStar
+ February 15, 2021 IN A recent award ceremony, the Securities and Exchange Commission (SEC) and the Institute of Corporate Directors (ICD) lauded four Ayala companies for leading the way in terms of corporate governance in the country.
Ayala Land Inc. (ALI) and Globe Telecom made it to the top three Philippine publicly-listed companies (PLCs) while Ayala Corporation and Bank of the Philippine Islands (BPI) were among companies who made it to the Asean Asset Class.
The occasion was the recognition of the awardees of the 2019 Asean Corporate Governance Scorecard (ACGS) Philippines Awards.
By way of background, SEC Chairman Emilio Aquino explained that the Asean Capital Markets Forum (ACMF), in partnership with the Asian Development Bank (ADB), developed the Asean Scorecard as part of its efforts to promote regional integration in the Asean region.
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Capital markets ‘doing very well’ despite pandemic PSE report By TED CORDERO, GMA News
Published December 18, 2020 2:42pm Despite the economic shock triggered by the COVID-19 pandemic, the Philippine equities market remained stable, according to a report by the Philippine Stock Exchange (PSE). In a report during a recent meeting of the industry overseer Capital Market Development Council (CMDC), the local bourse operator said the local stock market dipped by only 9.4%, closing at 7,080.62 as of December 2 this year, compared to the 2019 finish of 7,815.26. PSE president Ramon Monzon said the equities market has been steadily recovering since its unavoidable sharp decline to 4,623 in March when the government began imposing a Luzon-wide lockdown to curb the spread of the virus.
Published December 19, 2020, 6:30 AM
The local equities market is “doing very well” despite the global economic shock triggered by the pandemic, the Department of Finance (DOF) said, citing a report of the Philippine Stock Exchange (PSE).
In a statement, the DOF quoted PSE President Ramon Monzon as saying that the Philippines’ equities market dipped by only 9.4 percent, closing at 7,080.62 as of December 2 this year, compared to the 2019 finish of 7,815.26.
The capital raising activities have also been “doing very well” especially last November, the DOF quoted Monzon during a recent meeting of the industry overseer Capital Market Development Council (CMDC).
PSE file photo (Photo credit: https://www.pse.com.ph)
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