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Article: DA, PSE move towards agricultural commodity trading.
- Article from:
- Philippines News Agency
- Article date:
- October 31, 2009
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By Lilybeth G. Ison
MANILA, Oct. 31 (PNA) -- The Department of Agriculture (DA) and the Philippine Stock Exchange (PSE) on Friday sealed a partnership that will lay the foundation for a commodities trading platform in the country.
PSE President and Chief Executive Officer Francis Lim, in his speech, said that this partnership "allows the country to respond actively to the changing landscape in the financial and commodities markets."
"We are very thankful to the DA for its support to this milestone project for the study of an organized commodities market in the Philippines," he said.
Lim said that an organized commodities exchange can ...