Monetary Board Member Ignacio R. Bunye led the awards ceremony for stakeholders of the Bangko Sentral ng Pilipinas in Region I during the annual appreciation lunch at the BSP La Union Regional Office, San Fernando City on 26 July 2011.
MC Colby's Inc. and Consolidated Adhesives, Inc. came out as winners from the 54 qualified top corporations in the region. Outstanding Respondent among Large and Medium Firms for the Business Expectations Survey was conferred to MC Colby's Inc., a fast food restaurant in Dagupan City. The firm started its operations in 1994 and is currently headed by its General Manager, Ms. Carolyn Y. Cua-Sanchez. Also recognized was Consolidated Adhesives, Inc. as the Outstanding Respondent among Small Firms in the region. Headed by its current President, Mr. Mateo T. Chan, Jr., the company traces back its operations in 1975 and is into the manufacture of "Stikwell" brand of water-based industrial adhesives.
Two government agencies-the Bureau of Agricultural Statistics (BAS) Regional Field Office I and the Department of Trade and Industry - Cordillera Administrative Region (DTI-CAR)-were also awarded the Recognition for Information Sources for the Report on Regional Economic Developments.
This annual awards ceremony, which is the seventh for Region I, is a way of giving recognition to Business Expectations Survey respondents and other stakeholders that have provided exemplary support to the BSP's various statistical initiatives, information requirements and advocacy programs. Similar events will also be held in the cities of Davao, Iloilo, Cabanatuan, Zamboanga, Naga and General Santos from August to September 2011.