Gov’t, PSE team up to boost OFW investment literacy

The Commission on Filipinos Overseas (CFO) has teamed up with the Philippine Stock Exchange (PSE) to strengthen investment literacy among overseas Filipinos and encourage their participation in the country’s capital markets.

The partnership was formalized through a memorandum of understanding signed Tuesday, coinciding with the CFO’s 45th anniversary celebration. The initiative aims to empower Filipinos abroad—particularly permanent residents and their families—to become active investors in the Philippine stock market.

CFO Secretary Dante “Klink” Ang II said the collaboration aligns with the agency’s broader mission to deepen the economic, political, and cultural engagement of Filipinos living overseas.

“Beyond sending remittances and saving, we want overseas Filipinos to take part in shaping the nation’s economic growth by investing in our capital market,” Ang said in a statement.

PSE President and CEO Ramon Monzon welcomed the agreement, noting that less than 1 percent of Filipinos abroad currently hold stock market accounts. “By partnering with the CFO, the PSE can now reach a significant segment of the population that has been largely untapped,” he said.

Under the partnership, the two agencies will roll out educational initiatives, including webinars, online training, and access to the PSE Academy platform. These efforts will guide overseas Filipinos through the fundamentals of investing, subscribing to initial public offerings (IPOs), and understanding market data.

The PSE and CFO emphasized that the campaign is part of a broader effort to convert millions of overseas Filipinos into stakeholders in the country’s long-term economic trajectory through informed participation in the local stock market.