Can softer delisting rules save Manila’s bourse from hollowing out?

The Philippine Stock Exchange (PSE) is considering easing its involuntary delisting rules in response to a growing number of corporate exits from the exchange. This policy review aims to stem the hollowing out of the bourse, which has seen a decline in listed companies. The analysis explores whether relaxing compliance requirements for non-compliant firms could retain listings and maintain market depth, or if it risks lowering market standards and investor confidence. The move reflects broader concerns about the competitiveness and attractiveness of the Philippine capital market.