the Philippine Star carried almost identical headlines the other day. ?Remittances surged to $1.48B in May‚? said the Inquirer. ?OFW remittances hit record high in May‚? said The Star. One cannot miss the celebratory tone in which Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. shared this piece of good news with reporters. ?The stream of remittances from overseas Filipinos continued to show signs of strength despite lingering global economic fragilities‚? he announced. The loss of OFW jobs
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Roselyn C. BSBA- Fin.Mgt4 “Educational Tour” (BSP‚ PSE and NEDA) BSP destination (Bangko Sentral ng Pilipinas) September 12‚ 2012 that was the date of our educational tour. 6:00 am in the morning is the call time‚ that’s why I tried to wake up early morning to fixed my things and go to school in time. We leave at 7:30 am and we’re first destination was Bangko Sentral ng Pilipinas money museum. BSP allowed us to watch the video on how they made money. I leaned that they consumed of ten months
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Chapter 1 THE PROBLEM Background of the Study The Municipality of Bayambang is a first class municipality in the province of Pangasinan‚ Philippines. According to the latest census‚ year 2011 it has a population of 103‚145 people in 17‚897 households. It is composed of seventy seven (77) barangays. The town is now headed by Honorable Engr. Ricardo M. Camacho who has been elected as Municipal Mayor. Bayambang is a historic town. It stands with enduring pride as the first town in Pangasinan
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1521-1897 During the Spanish occupation‚ when they came here in the Philippines in 1521 they brought with them the first European coin called teston. Also it is the first silver coin. When the Galleon trade exercised the earliest coins during the Spanish colonization was the Macuqinas or the cobs. It has a irregular‚ oddly-shaped coins stamped with a cross
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For the past decades‚ the Filipinos used the peso bills launched on 1985 for economic purposes. However‚ a new drive to place new banknotes in the peso bills circulation has pushed the Central Bank of the Philippines (Bangko Sentral ng Pilipinas) to make an inapt move towards the said matter. The problem focuses on the immediate demonetization of the old banknotes in the year 2017. According to BSP‚ old banknotes will lose its monetary value and shall never be used in the market. As 2017 is fast
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INTERNAL AND EXTERNAL DEBT OF THE PHILIPPINES I. Introduction “A national debt‚ if it is not excessive‚ will be to us a national blessing.” * Alexander Hamilton. From the statement above‚ candidly‚ it was right. Sometimes we need to borrow money in order to finance what we really needed‚ especially when we are financially deprived. Most people have debts of their own and it comes in many forms‚ like bank loans‚ mortgage loans‚ notes payables‚ bonds and its interests‚ or simply from
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Rap and hip hop historically served as a vehicle to recognize and empathize marginalized voices. Conveying a sense of dissatisfaction with personal‚ communal‚ and global conditions‚ rap music becomes a mode of edutainment and a calling for social change. However‚ the grating deliverances of rap songs can ironically alleviate the anger of the community simply through representation and shared narratives. Filipina American rapper and producer Ruby Ibarra continues to rise in fame and engages in this
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microfinance market. This Asia Focus report reviews the growth of the Philippines microfinance industry and discusses the implications of commercial banks entering this market. What is Microfinance? The Philippines central bank‚ Bangko Sentral ng Pilipinas (BSP)‚ defines microfinance as the provision of a broad range of financial services such as deposits‚ loans‚ payment services‚ money transfers and insurance products to the poor and low-income households and their microenterprises.i The financial
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Sharen P. Cupido 7-St. Therese The Philippine Drug Enforcement Agency (PDEA) (Filipino: Kawanihan ng Pilipinas Laban sa Droga) is the lead anti-drugs law enforcement agency‚ responsible for preventing‚ investigating and combating any dangerous drugs‚ controlled precursors and essential chemicals within the Philippines. The agency is tasked with the enforcement of the penal and regulatory provisions of Republic Act No. 9165 (R.A. 9165)‚ otherwise known as the Comprehensive Dangerous Drugs
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Katipunan Avenue PORK EMPANADA by Tony Perez (from his story collection Eros‚ Thanatos‚ Cubao‚ Cacho Publishing House‚ 1994) Translated into English by Jessica Zafra Do you go to Katipunan often? You’ve probably seen Frankie’s Steaks and Burgers‚ beside the new Cravings‚ near Lily of the Valley Beauty & Grooming Salon. If you’ve seen it‚ then you’ve probably seen Bototoy. Monday through Saturday Bototoy climbs the winding path from Barangka to the service gate behind Ateneo Grade School
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