Japanese firms keen to invest in PH stocks

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More Japanese investors expressed interest in investing in the Philippines during the just-concluded Philippine Corporate Day in Japan organized by the Philippine Stock Exchange, Inc. (PSE) in partnership with DBP-Daiwa Capital Markets Philippines.

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“We are pleased that Japanese investors remain very interested in the Philippine market despite the volatilities experienced by equities worldwide since the start of the year,” PSE President and Chief Executive Officer Hans Sicat said.

Aside from the PSE, seven other listed companies participated in the Philippine Corporate Day held on Jan. 28 and 29, including Ayala Corporation, International Container Terminal Services Inc., JG Summit Holdings Inc., Manila Electric Company, Metro Pacific Investments Corporation, San Miguel Corporation, and Universal Robina Corporation.

The roadshow generated over 70 meetings with fund houses and investors.

“I am confident that we were able to highlight the compelling growth story of the Philippines, especially since the composition of our listed companies in the roadshow provided the Japanese investors a very diverse representation of the industries we have,” Sicat said.

This year’s Philippine Corporate Day is already the fourth roadshow to Japan by the PSE and some of its listed companies.

PNA

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