PSE re-elects board after new candidates withdraw

Posted at May 06 2012 10:30 PM | Updated as of May 07 2012 10:44 AM

The Philippine Stock Echange re-elected its whole board after all three non-incumbents dropped their candidacies. Chairman Jose Pardo says the two fund managers and one investment banker decided they didn't have enough support and backed the "working team" already in place. Coco Alcuaz reports.