Monetary Board Member Armando L. Suratos led the awards ceremony for BSP stakeholders in Region III during the annual appreciation lunch at the BSP Cabanatuan Branch, Cabanatuan City on 1 August 2012.
Among the 89 qualified top corporations in Region III that are respondents to the Business Expectations Survey (BES) in 2011, Producers Savings Bank Corporation and G.G. Cundangan Food Corporation emerged as winners. Producers Savings Bank Corporation was conferred the Outstanding Respondent award among Large and Medium Firms for the BES. Headed by its President, Mr. Edmundo C. Medrano, the company started its operations in 1995 and is providing thrift banking services.
G.G. Cundangan Food Corporation was also recognized as the Outstanding Respondent among Small Firms in Region III. Established in 1998, the company operates a fast food business in Bulacan. It is headed by Mr. Gerardo Cundangan.
The Department of Trade and Industry (DTI) in Region III was also awarded the Recognition for Information Sources for the Report on Regional Economic Developments. It is headed by Regional Director Blesila A. Lantayona.
This annual event is one way by which the BSP gives recognition to BES respondents as well as public and private institutions that have provided exemplary support to the BSP’s various statistical initiatives, information requirements and advocacy programs. Stakeholders of the BSP in the National Capital Region were earlier recognized during the awards ceremony at the BSP Main Office on 4 July 2012. The event in Region III, which the BSP has been holding since 2005, is the third among the regional events for this year. Similar occasions will be held in the remaining six areas outside the National Capital Region from August to September 2012.