SOUTHEAST ASIA TRADING PLATFORM

The Securities and Exchange Commission has approved last week the participation of PSE in the Southeast Asian Trading Platform. This platform will facilitate trading of Philippine stocks to Malaysia, Singapore and Thailand.

Initially 30 biggest and most liquid stocks would be brought for cross-border trading.

The countries are the Philippines, Malaysia, Singapore and Thailand

The stock exchange are the Philippine Stock Exchange (PSE), Bursa Malaysia (BM), Singapore Exchange (SGX) and the Stock Exchange of Thailand (SET).The four will be electronically interconnected

Benefits for Philippine companies will be the trading of their listed securities to the 3 ASEAN nation.

Benefits for stock buyers, the possibility of buying stocks of the 3 ASEAN nations like:
1. Malaysia -Maybank, Sime darby, CIMB Group, Public Bank and Maxis
2. Thailand - PTT CHEMICAL PUBLIC COMPANY LIMITED,THE SIAM CEMENT PUBLIC COMPANY
LIMITED,THAI OIL PUBLIC COMPANY LIMITED
3. Singapore - SINGTEL, WILMAR INTERNATIONAL, DBS GROUP of Singapore

This platform will change the landscape of stock trading in our country.

Arnel L. Cadeliña
nelcadelina.blogspot.com