02.11.2009 - DA, PSE eye commodity futures market in Philippines
From Mb.com.ph: The Department of Agriculture and the Philippine Stock Exchange (PSE) have teamed up to start the process of reviving the country’s commodities futures market after the first one turned out to be a sham and collapsed over 20 years ago. Agriculture Secretary Arthur Yap and PSE president Francis Lim signed a memorandum of agreement last Friday to so they can work together to prepare everything necessary for the electronic trading of spot commodities and, eventually, commodity futures............................Full Article: Source