Philippine Exchange Aims to Reopen Thursday, Says CEO

Philippine Exchange Aims to Reopen Thursday, Says CEO

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the closure of the Philippine Stock Exchange due to a government-mandated quarantine. Efforts are underway to reopen the market, with challenges related to broker operations and travel restrictions. The decision to reopen lies with the Interagency Task Force. The market is prepared to operate with a skeletal workforce, but broker logistics remain a concern. The exchange assures investors of its business continuity plans and seeks to mitigate any reputational damage.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected challenges in resuming operations according to the speaker?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker describe the impact of the coronavirus on the market?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the Interagency Task Force in the context of the market reopening?

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