Monetary Board Member Juan D. De Zuñiga, Jr. and Deputy Governor Vicente S. Aquino led the awards ceremony for stakeholders of the Bangko Sentral ng Pilipinas (BSP) in Region VIII during the annual appreciation lunch held at the Multi-Purpose Hall, BSP Tacloban Branch, Airport Road, San Jose, Tacloban City on 16 September 2014.
KTrust Commodities, Inc. was chosen as the Outstanding Respondent among Large and Medium Firms for the Business Expectations Survey (BES) in Region VIII. KTrust Commodities, Inc. is an exclusive distributor of global snacking and food brands of Mondelez Philippines (formerly Kraft Foods Philippines).
Business Frontier Corp. was also recognized as the Outstanding Respondent among Small Firms for BES in Region VIII. The company is engaged in the distribution of consumer food and beverage products of Universal Robina Corporation, manufacturing of automated machine-made concrete hollow and paver blocks, river stone crushing plant operations and warehouse leasing.
The Outstanding Partner for the Report on Regional Economic Developments was awarded to the Philippine Statistics Authority (PSA)-National Statistical Coordination Board (NSCB), Tacloban City.
Through this annual event, the BSP gives recognition to BES respondents as well as to public and private institutions that have provided strong support for the BSP’s various statistical undertakings, information requirements, and advocacy programs. The event attests to the successful alliances that have helped the BSP maintain price and financial stability and ensure an effective payments and settlements system. Stakeholders of the BSP in the National Capital Region were earlier recognized during the awards ceremony at the BSP Main Office on 9 July 2014. This year’s stakeholders’ awards marks the first time that the BSP has held its annual stakeholder’s awards in Region VIII and is the ninth in a series of 11 regional events for this year.