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DTI lauds 1st SME to list on PSE this year

DTI Secretary Ramon Lopez MANILA - Department of Trade and Industry (DTI) Secretary Ramon Lopez has lauded real estate developer Haus Talk, Inc. for being the first small and medium enterprise (SME) to be publicly listed for this year. Madlambayan family's business Haus Talk conducted its initial public offering (IPO) on the Philippine Stock Exchange (PSE) on Monday. In his statement during the PSE listing of Haus Talk, Lopez said public listing could help SMEs to expand their businesses by tapping more financial resources through IPO. "May this IPO serve to inspire more MSMEs to aspire for scaling up like Haus Talk. May this also serve to amplify the signal that our capital market is healthy and ready to support the growth of our MSMEs," he added. Lopez also underscored Haus Talk's move for an IPO in the midst of the pandemic. "Haus Talk has taken (the) bold step of joining PSE's hand-holding program, and the results will surely inspire other SMEs to take th

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