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January 4, 2021 | 12:06 am Font Size BLOOMBERG/VEEJAY VILLAFRANCA THE PHILIPPINE Stock Exchange (PSE)plans to introduce new products in 2021 as part of its effort to create an “end-to-end” digital experience for stakeholders. In a statement, PSE President and Chief Executive Officer Ramon S. Monzon said one of the new products is the launch of short selling once some concerns from market participants are cleared. Mr. Monzon said the PSE wants to address the problems raised by foreign investors on the securities borrowing and lending (SBL) rules and regulations that will enable them to participate in the SBL program. He said three items need regulatory clearance, namely: the approval of the Securities and Exchange Commission (SEC) on the Philippine Depository and Trust Corp. (PDTC) to be a lending agent; the SEC’s approval of identified offshore assets as collateral for foreign SBL participants; and the go-signal from the Bureau of Internal Re ....
PHOTO: Government of Davao FERNANDO SUAREZ – although known as the healing priest, he was also a huge supporter of Philippine tennis who sponsored tournaments across the country in different divisions and age-groups. Southeast Asian Games doubles gold medalist Francis Casey Alcantara and Jeson Patrombon – who both used to play tennis with the late priest – were among those who paid tribute to this proud son of Taal, Batangas. A tournament named after him, the PPS-PEEP Fr. Fernando Suarez Cup has been ongoing for three years at the time of his death. He was 52. Continue reading below ↓ PHOTO: courtesy of jino manansala ....