As part of the Bangko Sentral ng Pilipinas’ (BSP) celebration of its 23rd anniversary in July, the 2016 Awards Ceremony and Appreciation Lunch for BSP Stakeholders in Region III will be held to recognize the institutions that have provided exemplary support to its statistical undertakings, information needs and advocacy programs. With the theme, “Sustained Partnership, Sustained Economic Growth,” the event will be held on Friday, 5 August 2016 from 10:00 a.m. to 1:00 p.m. at the Xenia Hotel, C.M. Recto Highway, Clark Freeport Zone, Angeles City, Pampanga. Monetary Board Member Felipe M. Medalla will lead in honoring this year’s awardees and stakeholders.
The BSP will give ten awards to outstanding partners: for the Information Support category—two for the Business Expectations Survey (BES), and one for Sources of Information for the Report on Regional Economic Developments; and for the Advocacy Support category—five for the Currency Programs of the BSP and two for implementing BSP Advocacy on the Conduct of Public Information Campaigns.
The Outstanding Respondent among Large and Medium Firms and the Outstanding Respondent among Small Firms will be conferred to the BES respondents selected from among the country’s top corporations in Region III that have participated regularly in the survey by providing timely, complete, accurate and consistent responses. The Outstanding Partner for the Report on Regional Economic Developments will be awarded to the agency or institution that provided the BSP with information support for an effective environment scan of the region. The Outstanding Regional Partner for Currency Programs will be given to the agency or institution that supported the BSP’s currency programs and advocacies in Region III, such as the clean note policy, coin recirculation and demonetization of the new design series. Meanwhile, the Outstanding Regional Partner for Implementing BSP Advocacy on the Conduct of Public Information Campaigns will be awarded to the agency or institution that has supported the BSP’s public information campaigns conducted in Region III.
This awards ceremony is the fourth of the BSP’s regional stakeholders’ events which will be held from July to September 2016 in 12 areas outside the National Capital Region to honor stakeholders in various award categories. Stakeholders of the BSP in the National Capital Region were earlier recognized during the awards ceremony held last 13 July 2016 at the BSP Main Complex, Manila.
This event is expected to further strengthen the partnerships between the BSP and its stakeholders, resulting in a more efficient and effective means of information gathering and conduct of advocacy campaigns to achieve the BSP’s ultimate goal of safeguarding price stability and promoting a healthy financial system as well as ensuring an efficient payments and settlement system in the country.
CAGAYAN DE ORO — The state-run Social Security System (SSS) earned about P1.31 billion from the first three months of implementation of the Loan Restructuring Program (LRP) with penalty condonation, benefitting about 200,000 members who will be able to enjoy full benefits and privileges once...