PSE hails DA support for development of commodities markets.

Philippines News Agency | November 1, 2009 | Copyright

MANILA, Nov. 1 (PNA) -- The Philippine Stock Exchange (PSE) has lauded the leadership of the Department of Agriculture (DA) for its assistance in setting up a commodities market in the country.

"This partnership allows the country to respond actively to the changing landscape in the financial and commodities markets. The prevailing demand and supply conditions are putting pressure on commodity prices," PSE president Francis E. Lim said.

Lim said the growing population and urbanization have served to increase and will continue to increase demand for food ...

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