Singapore and Philippines Explore Cross-Listings to Expand Capital Markets
- Reports
- 3
- Developments
- 2
- Repetition
- 33%
New informationRepeats or wire copies
What happened
The Singapore Stock Exchange and the Philippine Stock Exchange signed a memorandum of collaboration. The exchanges agreed to explore cross-listings, depositary receipts, and other initiatives to improve market access and capital-raising opportunities for issuers and investors. Potential offerings include Exchange-Traded Funds, derivatives, and other investment products common to both markets.
Why it matters
The collaboration aims to strengthen connectivity between the two capital markets. This move could broaden investment choices and attract greater investor participation in both Singapore and the Philippines. For the Singapore Stock Exchange, closer ties could give companies more avenues to reach capital and investors across the region.
Who's involved
- Loh Boon ChyeCEO of SGX Group, involved in the strategic agreement with the Philippine Stock Exchange
- Singapore Stock ExchangeSingapore bourse operator that signed the agreement to explore new offerings
- PhilippinesGeopolitical state whose stock exchange is partnering with the Singapore Stock Exchange
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Singapore Stock ExchangeSpeculative
The Singapore Stock Exchange could see increased revenue streams through expanded market reach via cross-listings.
- Southeast AsiaSpeculative
Southeast Asia might see strengthened regional market integration and capital flow across the region.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.How it developed
Newest first. Tap a step to see who reported it.Singapore and Philippines agreed to explore cross-listings and market expansion opportunities.1 source
SGX and the Philippine Stock Exchange are exploring dual listing opportunities.1 source
Keep exploring
The entities involved
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Loh Boon Chye
CEO, Singapore Exchange, Singapore
-
Philippines
archipelagic country in Southeast Asia
- Singapore
Related events
- SMEs in the Philippines are facing difficulties in raising necessary capital through Initial Public Offerings (IPOs).
- Philippines seeks to reduce reliance on China and diversify markets with South Korea, Europe, and other partners.
- Philippines seeks a transition model similar to South Korea and Taiwan through a flagship industrial initiative led by the Marcos administration.
- SGX launched government bond futures for Thailand, Indonesia, Philippines, and Malaysia, aiming to ease trading for European investors.
- A Malaysian semiconductor maker is expanding into the Philippines, with the CDC president emphasizing investor retention and growth.