PSE aims to boost overseas Filipino investments

The Philippine Stock Exchange (PSE) is aiming to attract more overseas Filipinos to invest in the local stock market.

Currently, less than 1% of overseas Filipinos have PSE accounts, according to PSE President Ramon S. Monzon.

To encourage greater participation, the PSE has signed a memorandum of understanding with the Commission on Filipinos Overseas (CFO) during the CFO's 45th anniversary celebration.

The MoU includes initiatives such as learning sessions and information campaigns to educate overseas Filipinos about investing opportunities.

Through this collaboration, the PSE will launch financial literacy programs including webinars, training sessions, and access to online platforms like the PSE Academy, guiding overseas Filipinos on investing in IPOs and market data.

The CFO sees this partnership as a way to strengthen political, economic, and cultural ties between Filipino migrants abroad and their home country.