The Philippine Corporate Day event, organized by the PSE and DBP-Daiwa Capital Markets Philippines, saw a 37 percent increase in investor turnout and 58 percent increase in the participation of fund houses than the previous year. Philippine Corporate Day was held last January 22 and 23.
"We are pleased with how the Corporate Day was received by Japanese investors. We are glad that we had the opportunity to explain to them the prospects of our local market and that the participating listed firms had the chance to discuss the nature and growth outlook of their respective companies,” said PSE President and CEO Hans B. Sicat.
The organizers also saw a 32 percent increase in meetings between the listed companies and major Japanese investors.
The PSE also held a Philippine Business Environment Seminar in partnership with KPMG Japan, Mori Hamada and Matsumoto Law, and Takara Printing Co last January 21. Nearly 200 investors and corporations participated to learn more about the rules, regulations and prospects of setting up businesses or investing in the Philippines.
The event was attended by Philippine Ambassador to Japan Manuel M. Lopez.
"We understand that when we sent out the invitation to participants in December last year, the event became fully booked within three hours. We are delighted by the strong interest by Japanese investors in our market and we thank our partners for helping us promote more businesses and investments between Japan and the Philippines," Sicat said.
source: www.abs-cbnnews.com
