In celebration of its 25th anniversary, the Bangko Sentral ng Pilipinas (BSP) will honor its stakeholders who have provided exemplary support to its statistical undertakings, information needs, advocacy programs and various initiatives and activities during the 2018 Awards and Appreciation Ceremony for BSP Stakeholders in Region XI. With the theme Reinforcing Partnerships, Defying New Challenges this event will be held on Tuesday, 17 July 2018, from 10:00 a.m. to 1:00 p.m. at The Apo View Hotel, 150 J. Camus St., Davao City.

The BSP will confer nine awards to its outstanding partners: for the Information Support category�two awards 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�one for the Consumer Protection, three for the Currency Programs of the BSP, and one for Implementing BSP Advocacy on the Conduct of Public Information Campaign. One Gold Hall of Fame Award will be accorded to the outstanding partner who won in the same award category for three consecutive years.

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 the Regions who have participated regularly in the survey by providing timely, complete, accurate and consistent responses. The Outstanding Partner for Sources of Information for the Report on Regional Economic Developments will be awarded to the agencies or institutions that have provided the BSP with information support on the Regions. The Outstanding Consumer Protection award will be given to the agencies or institutions that promptly responded to referrals on matters concerning the advocacy of the BSP to uphold consumer protection. Meanwhile, the Outstanding Regional Partners for Currency Program will be given to the agencies or institutions that supported the BSP's currency programs and advocacies in the Regions such as the clean note policy, coin recirculation and demonetization of the new design series. Lastly, the Outstanding Regional Partner for Implementing BSP Advocacy on the Conduct of Public Information Campaigns shall be given to the agencies or institutions that have supported the BSP's public information campaigns in the Regions.

Region XI will kick-off the BSP's 2018 Regional Awards and Appreciation Ceremonies, which will be held from July to September 2018 in the 12 regions/areas outside the National Capital Region. Stakeholders of the BSP in the National Capital Region were earlier recognized during the awards ceremony held last 10 July 2018 at the BSP Main Complex, Manila.

In keeping with the theme, reinforcing partnerships with stakeholders will improve the collaboration of BSP and its partners in gathering information and conducting advocacy campaigns. This will help in defying new challenges in carrying out BSP's objectives of safeguarding price stability and promoting a healthy financial system as well as ensuring an efficient payments and settlement system in the country.

Source: Bangko Sentral ng Pilipinas (BSP)