History of Paper Money in the Philippines The first paper money circulated in the Philippines‚ Pesos Fuertes‚ were issued in 1852 by El Banco Espanol Filipino de Isabel II‚ the first bank established in the country. The banknote‚ "Strong Pesos" in English‚ had denominations of 5‚ 10‚ 25‚ 50 and 100. The American authorities issued silver certificates series dated 1903 to 1918‚ then later replaced these with treasury certificates. The liberation of the Philippines in 1944 gave rise to
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[pic] Divine Word College of Laoag LaoagCity History of The Philippine Money Project in Basic Finance Submitted By: Course: BSBA OM – II Submitted To: Pre-Hispanic Era At least 2000 years before the arrival of the Spaniards‚ the Philippines is home to small seafaring communities. These communities traded with neighboring countries such as Malaysia‚ Vietnam and China through barter. Chinese Ming Dynasty porcelain and metalware
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Chocolate Hills. What’s also notable is that they used pictures which signify the rich wildlife resource of the country. From kulasisi‚ alamid‚ maliputo‚ and tarsier down to the iconic butanding. I was also amazed with how the Bangko Sentral ng Pilipinas (BSP) played with the designs by combining the wildlife symbols with the pictures of country’s natural wonders printed at the back of the bill. Thumbs up for the mere fact that they considered the MOST deserving symbols and not just the famous ones
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continues to become stronger‚ but is it all good for the Philippines especially for our OFW. We are all aware that the Philippines have many OFW and to add that the appreciation in peso would mean an increase in process of goods. The Bangko Snetral ng Pilipinas (BSP) moves to safeguard the country’s financial stability by reviewing the current framework of NDF. With the continuous appreciation of the peso‚ now at 40 to the US dollar‚ traders said that it is due to inflation. THE BSP is thinking of putting
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SYNTHESIS ON GOVERNMENT BANKING INSTITUTION Government banking institutions is supervised and regulated by the Bangko Sentral ng Pilipinas. When we hear about government banks‚ it is easy for us to understand because it’s our government who runs the banks. There are two specialized government banks the Development Bank of the Philippines and Land Bank of the Philippines. The purpose of these banks is to provide services for the government employees‚ and it specifically provides opportunity
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said that central banks redesign banknotes every 10 years. This is to prevent counterfeiters to produce exact copies of the current banknotes. But our former currency series has been in place for almost 25 years. That is why the Bangko Sentral ng Pilipinas decided to change our banknotes. It was December 6‚ 2010 when the new banknotes became available. All six of our banknotes have new designs but have the same size and color as the former currency series. There is a new BSP logo and Seal of the
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Advertising Board of the Philippines The Advertising Board of the Philippines‚ also known as Adboard is composed of eight national organizations involved in advertising that are unified together to uphold the progress of Philippine advertising through self-regulation. Being the umbrella organization of the advertising industry‚ its mission is to practice world class advertising along with advocating professional ethics through responsible and truthful advertising. Adboard was formerly known as
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Chemistry of Anti-money Counterfeiting Technology: The New Generation Philippine Banknotes I. Abstract Counterfeiting money is a big business for criminals. Nearly $70 million of fake currency gets used daily‚ costing consumers millions. In the present day‚ there are many new technologies that have been discovered and studied in order to help put counterfeiters out of business. Our currency is something that we must protect‚ which is why these technologies and discoveries are very important
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Cebuano Study Notes Tom Marking 11/7/2005 Cebuano Study Notes Tom Marking November 7‚ 2005 1 Cebuano Study Notes Tom Marking 11/7/2005 For Cathy‚ Without whom my journey into Cebuano Would never have begun Copyright © 2005 by Tom Marking All rights reserved. The reader may download multiple copies of this document from the web site as long as they are for personal use. Commercial use of this document is prohibited. Modifying this document without the written permission
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Introduction: Educational Tour gives us ideas likewise opportunities to visit prestigious agencies that may help us visualize what we are learning at school. This activity helps us develop our personality since social graces and etiquette are learned too by experience. Moreover‚ important to every student since it is a part of our learning process to acquire more knowledge through actual exposure to the different agencies. Educational Tour: A Narrative. A great way to explore and gain experience
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