Philippine Stock Exchange
Overview
Filipino language
This move has drawn much criticism from other regional groups.In 1987, a new constitution introduced many provisions for the language.Article XIV, Section 6, omits any mention of Tagalog as the basis for Filipino, and states that:...
: Pamilihang Sapi ng Pilipinas) is the national stock exchange
Stock exchange
A stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and...
of the Philippines
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...
. It is one of the oldest stock exchanges in Southeast Asia
Southeast Asia
Southeast Asia, South-East Asia, South East Asia or Southeastern Asia is a subregion of Asia, consisting of the countries that are geographically south of China, east of India, west of New Guinea and north of Australia. The region lies on the intersection of geological plates, with heavy seismic...
, having been in continuous operation since its inception in 1927. It currently maintains two trading floors, one at the Ayala Tower One
Ayala Tower One
Tower One & Exchange Plaza is one of the tallest and most well-known skyscrapers in the Philippines. It has a height of 160 metres . The building has 35 floors above ground level, and is originally planned to be the first of three towers for the Ayala Triangle...
in Makati City
Makati City
The City of Makati is one of the 17 cities that make up Metro Manila, one of the most populous metropolitan areas in the world. Makati is the financial center of the Philippines and one of the major financial, commercial and economic hubs in Asia...
's Central Business District, and one at its headquarters in Pasig City
Pasig City
The City of Pasig is one of the city municipalities of Metro Manila in the Philippines and was the former capital of the province of Rizal prior to the formation of this grouping of cities designated as the National Capital Region...
. The PSE is composed of a 15-man Board of Directors, chaired by Jose T.
