The Philippine Stock Exchange, Inc. (PSE) and the Taipei Exchange (TPEx) announced the formalization of their strategic partnership, following the signing of a Memorandum of Understanding (MOU) during a special bell-ringing ceremony hosted by PSE on Tuesday, June 10, 2025.
The collaboration marks a significant step towards enhancing capital market development and fostering mutual growth between the two bourses.
In his welcome message during the event, PSE President and CEO Ramon S. Monzon expressed his optimism for the future of the partnership. “This MOU signals the start of our collaborative endeavors, including the sharing of best practices and learning opportunities. I believe that any initiative we will pursue together will ultimately benefit our respective markets and stakeholders,” Mr. Monzon stated.
The MOU outlines several key areas for potential cooperation, reflecting a shared commitment to market innovation and sustainability. These include:
- SME market incubation
- Environmental, Social, and Governance (ESG) practices
- Development of new financial products such as indices, Exchange Traded Funds (ETFs), and bond and equity derivatives.
Mr. Monzon particularly highlighted the PSE’s strategic focus on learning from TPEx’s established strengths. “PSE is particularly keen on gaining insights on the bond and SME markets because these are areas where TPEx is very strong at, and these are the markets we also want to give more focus to,” he added.
The signing ceremony was graced by key officials from both exchanges. TPEx Chairman Li-Chung Chien and PSE President and CEO Ramon S. Monzon led the signing. Also present were TPEx Manager of Strategy and International Relations Iris Lin, TPEx Assistant Vice President of Strategy and International Relations Mandy Lee, PSE COO Atty. Roel A. Refran, Philippine Depository & Trust Corp. President and CEO Theresa B. Ravalo, Philippine Dealing & Exchange Corp. President and CEO Stephanie A. Zulueta, and PSE Capital Markets Development Division Head Mark Frederick V. Visda.
