Hans Sicat - updates

Rappler's latest stories on Hans Sicat


Hans Sicat is new ING Bank country manager

Jul 24, 2017 - 12:42 PM

He will be replacing Consuelo Garcia who is retiring after 26 years with the bank

NEW CHIEF. Hans Sicat says he hopes to build on and expand the business that Garcia and the ING global team have successfully established. Screenshot from Ayala Land YouTube page

PSE announces 58 listed companies are now Shariah-compliant

Apr 07, 2017 - 8:16 PM

The latest count is its highest record since October 2015

HIGH RECORD. The PSE announces 58 companies are now Shariah-compliant, the highest record since October 2015.

PSE's 9-month income increases by 12%

Nov 10, 2016 - 5:13 PM

The PSE chief says the local bourse saw foreign investors liquidate their positions and take a risk off approach ahead of the September US Federal Reserve meeting and the volatilities in the commodities market

TEMPERED. The lower operating income, however, was tempered by the 89.5% gain in other income to P165.93 million arising from the recognition of donated property related to the PSE's move to the Bonifacio Global City, and mark-to-market gains on investments. Photo by Ryan Lim / Malacanang Photo Bureau

PH stocks continue to sink, peso slightly recovers

Sep 27, 2016 - 8:45 PM

Some analysts say the continuous outflow of hot money from the equities market is mainly because of global developments

GLOBAL DEVELOPMENTS OR DUTERTE? Philippine stocks continue to decline while the Philippine peso recovers from a two-day losing streak

PSE's net income inches up despite 'unusual' low trading volume

Aug 15, 2016 - 8:18 PM

Meanwhile the chief of PSE says the company is on track to raise its P200 billion target before 2016 ends

INCHES UP. PSE'S net income for the first half of 2016 is at P372.70 million, up by 1.6% from P366.84 million in the same period in 2015. File photo by Rappler

Global equities volatility hits Philippine stock market

Feb 27, 2016 - 12:05 PM

The Philippine stock market is not spared from the backlash of China’s economic slowdown and the US Federal Reserve’s decision to gradually raise interest rates

TAKE A HIT. 2015 was a challenging year not only for the Philippine stock market but to the global equities market in general. Philippine Stock Exchange file photo

PSE named 2015 best stock exchange in Southeast Asia

Jan 04, 2016 - 6:05 PM

The Philippine Stock Exchange is hailed for its new trading system and corporate governance programs among others

CHEERS PSE'S DAY 1. Filipino traders cheer during the first trading day of the year 2016 at the Philippine Stock Exchange (PSE). Photo by Mark R. Cristino/EPA

PSE funds surge in 2015, still below target

Dec 31, 2015 - 3:00 PM

Fund raising activities at the local bourse total P184 60 billion 3 94 billion in 2015 despite global financial market volatility

BELOW TARGET. Funds raised at the Philippine Stock Exchange (PSE) in 2015 falls below the local bourse's target

More IPOs before 2015 ends – PSE

Nov 26, 2015 - 2:16 PM

It has been a year of highs and lows for the local bourse which started the year in record breaking fashion before global instability pulled the index back

PSE to honor listed, trading firms in Bell Awards

Nov 24, 2015 - 2:42 PM

The awards aim to encourage listed firms trading participants to excel in corporate governance

FETE. The Philippine Stock Exchange aims to recognize listed firms and trading participants that have shown good corporate governance through the annual Bell Awards. In file photo are: President Benigno S. Aquino III, assisted by Finance Secretary Cesar Purisima and Trade and Industry Secretary Gregory Domingo suring a bell ringing ceremony in April 2015. Photo by Gil Nartea / Malacañang Photo Bureau

PSE hopes to acquire 95% of PH Dealing System Holdings

Oct 06, 2015 - 5:44 PM

PSE is waiting to secure relief from the Securities and Exchange Commission before proceeding with the purchase of a majority stake in PDSHC

BUYOUT. The buyout by Philippine Stock Exchange of Philippine Dealing System Holdings Corporation's shareholders will finally pave the way for the merger of the equities and fixed-income exchanges.

Tech startups gain prominence; PSE takes notice

Aug 29, 2015 - 5:00 PM

Startup events like Elevation Pitch illustrates the vast potential of 12 early stage startups and attracts an expanding circle of financiers and their networks

Worst may be over for PH stocks

Aug 26, 2015 - 12:20 PM

A GDP number over 5 7 will probably entice buyers back to the market analysts say

PH stock exchange records longest trading halt

Aug 25, 2015 - 3:36 PM

2nd UPDATE The local bourse halts trading for about 5 hours due to technical issues and clarifies it has nothing to do with the drop in Philippine stocks

Listing revenue pulls PSE net income in first half

Aug 15, 2015 - 9:24 AM

Net profit for the first 6 months falls by 35 7 to P366 84 million

A DRAG. PSE says it did not see the same transaction sizes as it did last year, adversely affecting its profit levels

New PSE trading system goes live

Jun 22, 2015 - 12:01 AM

The new trading system provided by Nasdaq will deliver a more responsive service says the PSE

PSE delays rollout of new trading platform

May 31, 2015 - 9:35 PM

The delay is to accommodate further testing required by the SEC

PSE to raise P1.15B for PH dealing system funding

May 28, 2015 - 5:06 PM

The local bourse is eyeing to acquire 100 interest in the operator of the country’s markets for fixed income securities and foreign exchange

AEC 2015: Will PH firms be market disruptors?

May 21, 2015 - 10:28 AM

Businessmen analysts and senior government officials weigh in on how the Philippines will fare once the ASEAN Economic Community comes into force in December and the challenges it has to address now

READY OR NOT. Is the Philippines ready for the upcoming ASEAN economic community? File photo by Rappler

PSE shareholders approve plans to buyout PDS

May 03, 2015 - 10:02 PM

The proposed deal was put to shareholders at the stockholders meeting that saw 14 of 15 current directors re elected

PPPs can add 2% to GDP annual growth - DOF

Apr 21, 2015 - 8:14 PM

The government has identified and lined up public private partnership projects making it easier for the next administration to implement them says Finance Undersecretary Gil Beltran

Asia CEO Forum

Aquino rings in PSE celebrations

Apr 14, 2015 - 11:36 AM

UPDATED PSEi trading has doubled during President Aquino’s tenure reaching a new record of 8 127 48

President Benigno Aquino III marks PSEi celebrations

PSE trading up by 40.4%, net foreign buying surging

Apr 05, 2015 - 10:43 PM

Net foreign buying surged to P48 87 billion up 182 from this time last year

No fee hike as PSE shifts to new trading system

Jan 16, 2015 - 11:23 PM

The national bourse assures participants that fees will be retained as it launches a new trading platform in May

PSE postpones Shariah sub-index project

Jan 11, 2015 - 5:43 PM

PSE s sub indexing project is stalled anew but the local bourse will continue to screening listed Shariah compliant firms

Business losses: Papal visit's unintended consequences

Jan 11, 2015 - 2:47 PM

Malacañang’s idea to declare a holiday when Pope Francis visits the Philippines has an unintended consequence to the business sector

SEMICONDUCTOR WORKERS. The Philippines aims to go beyond merely assembling semiconductors and other electronic exports and enter the high-value stage of designing and inventing electronics. File photo by AFP

PSE: market ripe for more SME listing

Dec 23, 2014 - 10:09 AM

With the recent success of newly listed firms Xurpas and Double Dragon the Philippine Stock Exchange urges more SMEs to get listed

PSE has 2 trading days left in 2014

Dec 22, 2014 - 5:15 PM

Due to the long holidays there will only be 2 trading days left at the Philippine Stock Exchange in the remaining weeks of 2014

Stock market bullish despite flat finish in 2013

Dec 29, 2013 - 8:24 PM

The bourse s target capital earnings for 2014 remains at P200 billion pinning its hopes on 10 companies that are slated to conduct IPOs

File photo by AFP

PSE awarded best bourse in SE Asia

Dec 23, 2013 - 3:17 PM

The PSE is given the award for achieving a record breaking year despite market volatilities worldwide

BEST BOURSE. The PSE was named as the best market in South East Asia by Alpha South East Asia. File Photo by PSE

47 Shariah-compliant firms named

Dec 16, 2013 - 6:47 PM

The Philippine Stock Exchange identifies 47 companies that comply with Shariah law

SHARIAH-COMPLIANT. The Philippine Stock Exchange takes this opportunity to provide a Shariah law compliance listing. AFP FILE PHOTO

11 firms awarded for exemplary corporate governance

Nov 20, 2013 - 5:17 PM

Five publicly listed firms and 6 trading participants are recognized during the 2013 Bell Awards sponsored by the Philippine Stock Exchange

BEST PRACTICES. The Philippine Stock Exchange recognizes firms that adhere to high corporate governance standards in its annual Bell Awards. This photo shows PSE president Hans Sicat delivering his remarks during the awards night on November 19. PHOTO BY CHERRIE REGALADO/RAPPLER.COM

PSE to release list of Shariah-compliant firms

Nov 20, 2013 - 3:58 PM

The regulator wants to generate more investments from the Muslim market

MUSLIM INVESTMENTS. The local bourse is coming up with a list of Shariah-compliant firms to attract more investments from the Muslim community. AFP PHOTO

Another broker offers online, mobile stock trading

Oct 22, 2013 - 2:37 PM

The PSE launches CohercoTrade ph the second online trading platform following BASecOnline in August

ONLINE TRADING. The Philippine Stock Exchange signs up BA Securities as first broker to avail of off-the-shelf online trading platform. File photo by AFP

PH stocks to continue rise on US debt deal

Oct 20, 2013 - 7:26 PM

But the central bank warns volatility will remain as the US finds a permanent solution to its debt issues

BETTER DAYS AHEAD. The local capital market is expected to post gains in the coming days due to recent developments in the US. Photo by AFP

No record high for capital earnings in 2013

Oct 18, 2013 - 12:35 PM

The Philippine Stock Exchange is unlikely to surpass its record high capital earnings in 2012

LOWER IPO PROCEEDS. The Gokongwei group's retail arm cuts the value of its maiden public offer. Photo by AFP

Broker to offer online, mobile stock trading soon

Aug 13, 2013 - 7:19 AM

Part of the future plans for PSETradex is to launch a wireless application so investors can trade on their smartphones

ONLINE TRADING. The Philippine Stock Exchange signs up BA Securities as first broker to avail of off-the-shelf online trading platform. File photo by AFP

More people invested in stocks in 2012 - study

Jun 20, 2013 - 6:17 PM

The Philippine Stock Exchange records a 6 jump in the number of retail accounts maintained by brokers for the year

MORE INVESTORS. Number of retail investors in the Philippine Stock Exchange (PSE) increased in 2012. Photo by AFP

PSE partners with Korea Exchange for new disclosure system

Jun 06, 2013 - 4:26 PM

The new system will use electronic templates so that disclosure information can easily be posted real time

SYSTEM UPGRADE. The PSE partner with KXE to upgrade its disclosure system. Photo by Aya Lowe/Rappler

Policy changes drag mining stocks — PSE chief

May 28, 2013 - 9:00 AM

Philippine Stock Exchange PSE president Hans Sicat says the changes in the mining policy are behind the dismal performance of the mining stocks

CHANGE IN FISCAL REGIME. Philippine Stock Exchange (PSE) president Hans Sicat says the changes in fiscal regime drag the country's mining industry. Photo by Lean Santos/Rappler

PSE launches new trading platform

Apr 01, 2013 - 12:50 PM

This system will allow brokers to enter and monitor their orders online as well as via mobile phones and tablets

NEW PLATFORM. The PSE's new PSETradex allows investors to make trades online.

'Sky-high optimism' in PH boosts PSE 9-mo income by 103%

Nov 16, 2012 - 5:12 PM

PSE says it has benefited tremendously from the favorable local economic environment and sky high optimism in the Philippines

SEC may revise rules to get real estate trusts going

May 25, 2012 - 5:35 PM

The real estate investment trust or REIT law was introduced in the Philippines 3 years ago but no company has put up a REIT yet due to stringent rules


Aquino celebrates PSE's record highs

Mar 06, 2012 - 12:21 PM

President Benigno Aquino III rings in the success of the Philippine Stock Exchange breaking the 5 000 level 2 days in a row