> ## Content Index > Fetch the complete content index at: https://bullquill.com/llms.txt > Use this file to discover other available public pages before exploring further. # ASEAN Summit Manila Nov 16-18: PSE stays open, flights cut - URL: https://bullquill.com/asean-summit-manila-pse-trading-nov-16-18/ - Published: 2026-11-01T00:05:47.000Z - Updated: 2026-11-01T00:05:47.000Z - Description: Proclamation No. 1447 gives Metro Manila three non-working days for the 49th ASEAN Summit, yet the stock exchange, clearing house and BSP payment rail will operate normally. Here is what closes, what does not, and what is still unconfirmed. - Author: Rowan Ashby - Tags: Markets, Trending, ASEAN Summit, Philippine Stock Exchange, Philippines, Philippine Peso, Bangko Sentral ng Pilipinas, #lang-en, #tr-asean-summit-manila-pse-trading-nov-16-18 ## Key takeaways - PSE sessions run as usual on Nov 16-18: a Securities Clearing Corporation of the Philippines (SCCP) memo dated Oct 14 cites PSE Memorandum CN No. 2026-0051 declaring them regular trading days. - The memo also cites a Bangko Sentral ng Pilipinas (BSP) advisory confirming normal operations of the PhilPaSSplus payment system on those dates, so share settlement proceeds on schedule. - Proclamation No. 1447, signed Sept 17, makes Nov 16-18 special non-working days in the National Capital Region (NCR) only, to ease traffic and secure summit delegates. - Philippine Airlines posted a list of cancelled and rescheduled Manila flights for Nov 14-18 on Oct 30; the Civil Aeronautics Board (CAB) had earlier estimated about 106 flights could be cancelled in that window. - The PSEi closed at 5,680.35 on Friday, Oct 30 (07:00 UTC), down 0.44%, heading into the summit month. The Philippine Stock Exchange will trade normally on November 16-18, 2026, even though Metro Manila observes special non-working days for the 49th ASEAN Summit, according to a clearing memo that also confirms central-bank payment systems will run. That distinction matters for anyone holding Philippine equities or planning trades around the summit: the holiday applies to Metro Manila workplaces, not to the exchange, the clearing house or the BSP's real-time payment rail. ## What happened: ASEAN Summit Manila holiday vs market schedule Malacañang's Proclamation No. 1447, signed on Sept 17 by Acting Executive Secretary Ralph Recto by authority of President Ferdinand Marcos Jr., declared Monday Nov 16 to Wednesday Nov 18 special non-working days across the NCR, according to The Summit Express and Philstar. The stated reasons are to ease vehicular traffic and to let the host country secure the safety of participants. Philstar Life reported that the Philippine International Convention Center (PICC) in Pasay City is the main venue, with other events at the renovated Coconut Palace. On Oct 14 the SCCP, the PSE's clearing arm, issued Memo for Brokers No. 01-1026 to all clearing members. It states that, in view of BSP Peso RTGS Advisory No. BPU-2026-028 and PSE Memorandum CN No. 2026-0051, Nov 16-18 "shall be regular trading days" at the PSE. The Philippine Depository & Trust Corp. (PDTC) will also be open. | Trade date (2026) | Settlement date | Note | | ----------------- | --------------- | ------------------------------------ | | Thu, Nov 12 | Mon, Nov 16 | Settles on first NCR non-working day | | Fri, Nov 13 | Tue, Nov 17 | Normal T+2 cycle | | Mon, Nov 16 | Wed, Nov 18 | Normal T+2 cycle | *Source: SCCP Memo for Brokers No. 01-1026, Oct 14, 2026.* The memo urges clearing members to confirm banking arrangements with their settlement banks, because some bank branches may close or adjust operations. It reminds them of the 12:00 noon deadline on T+1 for collateral and T+2 for cash and securities obligations. ## What we know - **Dates:** The Manila Times, citing the Department of Foreign Affairs, reported the summit runs Nov 16-18\. The Philippine News Agency described a Nov 15-18 window when the countdown launched on Oct 28. - **Attendance:** Malacañang confirmed on Oct 14 that US President Donald Trump will attend, The Manila Times reported. Bernama, citing Russia's Sputnik/RIA Novosti, attributed the confirmation to presidential spokesperson Claire Castro. DFA spokesman Dax Imperial said UN Secretary-General António Guterres will join the ASEAN-UN Summit. - **Flights:** CAB Executive Director Carmelo Arcilla said in a radio interview that about 106 flights to and from Manila airports could be cancelled from Nov 14 to 18, SunStar reported on Oct 27\. At that point only Cebu Pacific had filed with the regulator. Philippine Airlines then published its own list on Oct 30, covering domestic routes plus international services including Singapore and Denpasar (Bali), according to the Philippine Daily Inquirer via The Star. Affected passengers can choose free rebooking, a full refund or a travel fund. ## What we don't know yet - Which bank branches in Metro Manila will close. The SCCP memo flags possible branch closures but lists none; check your own bank's advisory. - A dated, per-meeting schedule. Some local reports have given different dates for parts of the programme, and the full official schedule was not in the sources reviewed by 00:01 UTC on Nov 1. - Whether ASEAN's long-negotiated Digital Economy Framework Agreement will be signed in Manila. This has not been officially confirmed. - Which other dialogue-partner leaders will attend. The DFA said it was still awaiting official notification from several of them. ## Background: the Philippines as 2026 ASEAN chair The Philippines chairs ASEAN in 2026\. It hosted the 48th summit in Cebu in May, and Manila closes the chairmanship year. At the Oct 28 countdown, Foreign Affairs Undersecretary Maria Theresa Dizon-De Vega said the country had "delivered substantive outcomes across all" its priorities, according to PNA. The priorities are peace and security, prosperity corridors and people empowerment. The summit comes at a fragile moment for Philippine assets. The PSEi closed at 5,680.35 on Oct 30, down 25.23 points or 0.44%, according to Trading Economics and Yahoo Finance. The peso closed at P63.74 per dollar that day, up from P63.85 on Thursday, GMA News reported. That followed a run of [record peso lows in late October](https://bullquill.com/philippine-peso-record-low-64-bsp-marcos/), after which Marcos urged the public "Don't panic," according to GMA News. Fiscal headlines, including the [2027 budget fight in the Senate](https://bullquill.com/philippines-2027-budget-pork-senate-bicam/), are also on investors' radar. ## What it means for investors and travellers For investors, the main practical point is that the summit holiday does not stop Philippine equity trading, clearing or the BSP's peso payment system. Orders placed on Nov 12, 13 and 16 settle on Nov 16, 17 and 18 respectively. The PSE and SCCP have not issued any guidance on expected trading volume for those days. For the summit itself, attention is likely to fall on the trade and tariff messages from leaders, any US engagement with ASEAN, and the region's economic-integration agenda. Each could matter for the peso and for [Philippine](https://bullquill.com/tag/philippines/) stocks. Travellers flying through Manila from Nov 14 to 18 should check their airline's advisory directly, because the CAB said more carriers could still file schedule changes. More on the currency is on our [Philippine peso page](https://bullquill.com/tag/philippine-peso/). ## Frequently asked questions ### Is the Philippine Stock Exchange open on November 16-18, 2026? Yes. An SCCP memo dated Oct 14, 2026 cites PSE Memorandum CN No. 2026-0051 declaring Nov 16-18 regular trading days, with clearing, settlement and the PDTC operating normally. ### Why are November 16-18, 2026 non-working days in Metro Manila? Proclamation No. 1447, signed Sept 17, 2026, declared them special non-working days in the National Capital Region for the 49th ASEAN Summit, to ease traffic and secure the safety of participants. ### Where is the 49th ASEAN Summit held? In Metro Manila, with the Philippine International Convention Center in Pasay City as the main venue and some events at the renovated Coconut Palace, according to Philstar Life. ### Are flights cancelled during the ASEAN Summit in Manila? Some are. The Civil Aeronautics Board estimated about 106 Manila flights could be cancelled from Nov 14 to 18, and Philippine Airlines posted its list of cancelled and rescheduled flights on Oct 30, offering rebooking, refunds or travel funds. ## Related on Bullquill - [Sara Duterte impeachment trial: one article left, 14 votes to convict](https://bullquill.com/sara-duterte-impeachment-trial-vote-math/) - [Binance hack: 90% of $6.3bn replenished, North Korea group blamed](https://bullquill.com/binance-hack-recovery-north-korea-thailand/) - [Nasdaq falls 2.86% as Intel plunges 28.6% in AI chip selloff](https://bullquill.com/nasdaq-falls-intel-plunge-ai-chip-selloff/) - [KOSPI gives up early 1.2% gain, closes 1.24% lower as Samsung falls](https://bullquill.com/kospi-rises-chip-rally-samsung-results/) This article is for information only and is not investment advice.