WITH Christmas just around the corner, the Bangko Sentral ng Pilipinas (BSP) Governor bared his wishes, particularly in deepening the capital markets. In a presentation during the 119th Meeting of the Capital Market Development Council (CMDC), BSP Governor Eli M. Remolona Jr. said there is a need to deepen the…
BEYOND the confines of their quarterly meetings, the Capital Market Development Council (CMDC) is hardly known. But their deliberations, decisions, advocacies and projects have long-term impact on the country’s financing scenario and ultimately on the whole economy. Let me explain. The CMDC is a government-private sector voluntary organization of major…