Philippines may see ETFs and sec lending by Q3

Last year’s appointment of a new chairman at the Philippine securities regulator has led to swift progress on developing new products and services for the market, says Hans Sicat, chief executive of the stock exchange. Teresita Herbosa, formerly co-managing partner of the Angara Abello Concepcion Regala & Cruz law office, took up the post at the Securities and Exchange Commission last April. “We are working particularly closely with the SEC now,” says Sicat, “and the focus see…