BSP honors partner institutions in Mindanao

Subscribe Now August 04, 2011 at 06:37pm

The Bangko Sentral ng Pilipinas gave recognition to some of its partner institutions which provided outstanding support to its information and statistical requirements. In its 7th annual awarding ceremony for stakeholders held Tuesday, BSP granted two companies the award on Outstanding Respondent to BSP’s Business Expectations Survey.

The Outstanding Respondent Among Medium and Large Firms was awarded to The Steniel Mindanao Packaging Corporation in Bunawan, Davao City. The company is a manufacturer of corrugated carton boxes, with 192 employees.

Meanwhile, the Outstanding Respondent Among Small Firms award was given to Martsons Food Corporation, a semi-refined carrageenan seaweeds and dried tropical fruits, located in Toril, Davao City.

Ma. Cyd N. Tuaño-Amador, BSP assistant governor to the Monetary Policy Sub-Sector, said that the respondents to their Business Expectations Survey help them to gauge their performance.

“Through your responses, we get a leading indicator of business morale, plans and prospects,” Tuaño-Amador said during the 2001 Awards Ceremony and Appreciation Lunch for BSP Stakeholders.

The Bureau of Agricultural Statistics (BAS) –XI and the National Economic Development Authority – Caraga were also awarded the Information Sources for the Report on Regional Economic Developments.

BAS, an agency attached to the Department of Agriculture, takes charge of the production and the source of official statistics of agriculture, fishery and related fields.

NEDA provides technical assistance on plan and policy formulation, knowledge management, investment programming and monitoring, and secretariat services to Regional Development Council and its bodies.

Tuaño-Amador said their partners “through the years have diligently supported the BSP’s information and statistical requirements as well as our advocacy programs.”

The yearly awarding rite was anchored on the theme: “Ikaw at ang BSP: Working for Sustainable and Inclusive Growth.”


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