The Bangko Sentral ng Pilipinas yesterday cited the contribution of banks and private companies to the central bank’s over-all policy-making decisions.
BSP Governor Amando Tetangco Jr., in his speech during the 10th BSP Stakeholders’ Awards, said results of the surveys that the central bank gives out to banks and other companies provides monetary officials relevant information vis-à-vis the central bank’s inflation targeting framework.
He said that among others, the continuous improvement in the quality of their surveys provides a good anchor for the monetary policies of the Bangko Sentral ng Pilipinas, the main objective of which is to keep prices low and stable.
SIFI investing in ‘modern’
sugarcane farm technicians
The Sugar Industry Foundation Inc., in coordination with the Sugar Regulatory Administration, is sending children of sugarcane farm workers to a training program at the University of St. La Salle-Bacolod so they could become modern farm technicians, SIFI president Edith Villanueva, said yesterday.
Villanueva said these children, who are high school graduates, will be taught methods in pest control, harvesting, planting and cultivation and were also educated concepts on labor laws and financial management.
The batch will be enrolled in September but unlike the previous one, this will only last for four months and then they will undergo on-the-job trainings.
CENECO sets polls
for board members
The Central Negros Electric Cooperative is holding the election of its board members next month in the northern part of Bacolod, Bago and Silay cities, Sulpicio Lagarde, General Manager of the electric firm said yesterday.
Lagarde said only members whose names appear in the final master list of voters, new members whose applications for membership were approved on or before June 30, shall be allowed to vote, and no proxy is allowed.
He said members should check their names in the master list of voters posted at public and other conspicuous places in their barangays. Those who are not listed, or members who would like to make corrections should immediately write to CENECO through its Member-Consumers Integrated Services Division on or before September 11, showing proof of membership.