Industry (Page 8)

According to Inquirer.net, the Bangko Sentral ng Pilipinas (BSP), has spent P4 billion (US$89 million) on two “superline” printing machines so it will not have to outsource the printing of banknotes. Two years ago, a European printer supplied 80 million 100-peso notes on which President Gloria Macapagal-Arroyo’s was misspelled asRead More…

According to a 15 August 2006, article in The Manila Times, the Bangko Sentral ng Pilipinas (BSP) will cease outsourcing the printing of bank notes in 2007 in the wake of an embarrassing mistake made public last November. In an attempt to ensure a sufficient supply of 100-piso (US$1.95) bankRead More…