Polymer banknotes are becoming a global standard, with over 40 countries adopting them. (ECB/PIA7-Bohol) TAGBILARAN CITY, Bohol (PIA) — The Bangko Sentral ng Pilipinas (BSP) characterized the ...

From the outset, the project was controversial, with critics lamenting the elimination of the images of democracy icons ...

THE Department of Agriculture (DA) said on Sunday that it will seek to reverse a central bank decision halting the use of abaca fiber in Philippine banknotes. “We will request that the Bangko Sentral ...

The Bangko Sentral ng Pilipinas (BSP) is going full steam ahead with its plan to saturate the country with polymer banknotes that it believes to be more durable, tamper-proof, and environment-friendly ...

AGRICULTURE Secretary Francisco Tiu Laurel Jr. is asking government agencies to help support the abaca industry. "We will ...

The Department of Agriculture (DA) said it will request the Bangko Sentral ng Pilipinas (BSP) to reconsider the use of abaca ...

Specifically, the production of abaca, a hemp indigenous to the Philippines. In 2023, the country produced 86 percent of global abaca supply. The old banknotes were fashioned out of 20 percent ...