Capital markets are enablers of socio-economic development; they foster meritocracy, corporate governance, innovation and entrepreneurship, leading to jobs creation and economic growth.
"Through a Memorandum of Understanding, PCCI and The Philippine Stock Exchange, Inc. (PSE) organized the Capital Market Development Committee to promote efficient practices that will enable businesses, particularly SMEs, to consider raising funds through the capital markets for growth and expansion.
The Committee has three (3) specific objectives:
1. Encourage/expand listing of SMEs in the PSE;
2. Raise awareness for new products and services; and
3. Undertake advocacy initiatives on issues concerning capital market development."