PSE sees relaxed rules enticing startups to go public Apr 6, 2021 6:55 PM PHT The Philippine Stock Exchange (PSE) is banking on relaxed rules to entice high-growth and startup companies to go public amid the coronavirus pandemic. The local bourse operator recently amended its listing rules, relaxing profitability and operating history requirements, as well as including a temporary relief clause in applications due to the pandemic. The new rules also feature a sponsor model for companies intending to list on the small, medium, and emerging (SME) board. Under the sponsor model, a company will be evaluated in the first instance by a listing sponsor accredited by the PSE.