As the regulator, we shall not only continue to maintain the order and normal functioning of the market, and will also support, as usual, our practitioners in their development and uphold the lawful rights of our financial consumers. In commemorating the anniversary of our Motherland and the MSAR, we gather together delightfully.
This lack of confidence can be seen in the various business surveys over recent years and has been clearly apparent through the Reserve Bank’s regular program of meetings with firms across the country (Graph 6). This reported lack of confidence is consistent with firms being uncertain about the future and risk averse in their decision making.