As a consequence of these changes, trading in Treasury markets now moves at extreme speed. It may be that these changes have also led to greater liquidity risk, or sudden declines in liquidity.
The Citi Microentrepreneurship Awards (CMA), as the fruit of such remarkable partnership, serves as an important platform to convey the message that collaboration with a strong shared vision, coupled with responsive policies and platforms, can bring the best out of the Filipino people. It is thus with great interest that I participate in this year’s CMA.