Bangko Sentral ng Pilipinas Governor Rafael B. Buenaventura (center) presented the winners of the First BSP Business Expectations Survey (BES) Awards at the second annual meeting of survey respondents at the PICC. Awardees for “Outstanding BES Respondent of the Year” were Meralco Industrial Engineering Services Corp. (MIESCOR) represented by its President Chito Francisco (third from right) and Seacom,Inc. represented by its President Hector Sanvictores (fifth from right). Sectoral awardees were, from right: Latex Products for Industry, Alison Sy; Smart/Piltel for Special Awards, Ramon Isberto; Cohaco Trading for Trade, Napoleon Co; and Jollibee Foods Corporation for Services, Saldie Saldariaga. The awardees were chosen from more than 600 respondents to the BES quarterly surveys based on the quality of their response as to completeness, accuracy, timeliness and response rate. The survey results are important to BSP for crafting market-based monetary and banking policies and to business for finetuning its programs and pricing decisions.