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Topic: Philippine peso bills

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	Philippine peso bills - Wikipedia, the free encyclopedia
		Philippine peso bills are issued by the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) for circulation in the Philippines.
		The 100-peso bill became subject of controversy after bills printed in London in time for the Christmas season were printed with the President's name misspelled, the first in Philippine history.
		The bill was subject of criticisms by the opposition.
	en.wikipedia.org /wiki/Philippine_peso_bills (948 words)

	Philippine peso - Wikipedia, the free encyclopedia
		The Philippine peso (Filipino: piso) is the official currency of the Philippines.
		The Philippines is one of a handful of countries formerly colonized by Spain that use the peso as their currencies, joining countries such as Mexico, Colombia and Argentina (for more information on this, see peso).
		The peso has been a floating currency ever since, which means that the currency is a physical representation of the domestic debt and whose value directly tied to people's perception of the stability of the current regime and its ability to repay the debt.
	en.wikipedia.org /wiki/Philippine_Peso (2596 words)

	ipedia.com: Philippine peso Article (Site not responding. Last check: 2007-10-09)
		The Philippine peso is the official currency of the Philippines.
		In the 1960s, the value of the peso was 0.50 US dollarss.
		During the 1997-1998 Asian financial crisis, the peso lost its value to 40+ peso to the US dollar and then became 50+ peso to the US dollar during the economic crisis in the time of President Estrada.
	www.ipedia.com /philippine_peso.html (212 words)

	Philippine Coins
		The circulating medium was to be the Philippine silver peso, which was to be legal tender for all debts, public and private, and its value was to be maintained on a parity with the theoretical gold peso.
		All of the coins and bills were readily interchangeable with the United States coins in common use, the dollar being worth two pesos, the half dollar one peso, the twenty-five cent piece a half peso, the ten-cent piece a peseta, the five-cent piece a media peseta and the cent two centavos.
		Peso coins were made of silver before, but today there is little you can buy for one peso, and the smaller coins have become almost meaningless.
	www.bohol.ph /article34.html (1599 words)

	The Unlawyer
		On top of those misprinted 100-Philippine-peso bills - you know, those that misspelled the President’s name - and the conspiracy theories supposedly behind it - a 20-US-dollar note printed on paper with a Del Monte label sticker affixed to it was recently sold at auction for USD 25,300.
		On the other hand the “Arrovo” bills are typically sold at collector’s shops for PHP 400, but Manuel Viloria says they can be had off Ebay for just a little more than their face value.
		How these errors got past quality control is beyond me. In the case of the fruity dollar bill, I think somebody got careless while eating a banana; he (or she) thoughtlessly stuck the label on some currency paper stock and off it went.
	www.unlawyer.net /?p=107 (315 words)

	Lunch over IP: Swiss Design Nonsense (Site not responding. Last check: 2007-10-09)
		What you see there are a rendering of the AIDS virus (on the 200 Swiss Francs bill), of a skull (on the lower-right corner of the 1000), of an embryo (on the 100), and other similar motives.
		Bills aren't just money: they're a representation of a country, a rendering of its identity, they carry emotions.
		On top of those misprinted 100-Philippine-peso bills - you know, those that misspelled the Presidents name - and the conspiracy theories supposedly behind it - a 20-US-dollar note printed on paper with a Del Monte affixed to it was recently so...
	giussani.typepad.com /loip/2005/12/swiss_currency_.html (1356 words)

	Philippines - Wikitravel (Site not responding. Last check: 2007-10-09)
		The Philippines [1] (officially "Republic of the Philippines" - Filipino: Republika ng Pilipinas) is an archipelago of 7,107 islands that lies between Taiwan and Indonesia.
		The people of the Philippines, or Filipinos, are descended from a mixture of Austronesians (related to Malaysians and Polynesians) and of the Southern Han Chinese.
		One peso is equivalent to 100 centavos and coins come in 5, 10 and 25 centavo variants in addition to the 1, 5 and 10 peso coins.
	wikitravel.org /en/Philippines (6465 words)

	B A S I L A N:
		Because of the Philippine government’s adamant refusal to acknowledge the human rights violations committed by the military and its obstinate endorsement of the military solution, a more concerted and more focused international mediation is urgent and necessary.
		While the rest of the Philippines was colonized by the Spanish for more than three hundred years, the Muslims in Mindanao consistently successfully resisted the colonizers’ repeated attempts to establish sovereignty over their region.
		But for a time, members of the Philippine military speak of the Abu Sayyaf as the “dirty tricks department” of the secessionist group Moro National Liberation Front, supposedly committing officially disowned criminal acts which they know would besmirch the reputation of their group but which are necessary for fund-raising purposes.
	www.philippineupdate.com /peacemission.htm (8912 words)

	Bloomberg.com: Top Worldwide
		Arroyo, the second Philippine president since 2000 to face public protests over allegations of corruption, is trying to hold onto power amid accusations that she cheated in the last election and family members took gambling payoffs.
		The peso fell 0.4 percent to 56.09 to the U.S. dollar at the noon break in Manila, on track to the lowest close since Jan. 10.
		The yield on the Philippines' 2014 dollar-denominated bond rose 0.132 percentage points on July 1, the biggest one-day jump since June 9, to 8.278 percent, the highest since June 13, according to Bloomberg data.
	www.bloomberg.com /apps/news?pid=10000087&sid=aGouEeXD9Xx8 (1275 words)

	Khaleej Times Online
		MANILA - Police in the Philippines are warning the public to be wary of counterfeit money during the Christmas season after two suspects were arrested with nearly $100 million in fake U.S. bills and Treasury notes.
		With 100-peso and 500-peso bills the most likely to be faked, she said the central bank had renewed its regular warnings for the Christmas season and handed out pamphlets to help shoppers and retailers look for the security features on genuine notes.
		The peso, worth about 54 to the dollar, is the only legal tender in the Southeast Asian country, but U.S. bills are widely recognised and accepted because of the Philippines’ colonial, trade and security ties to the United States.
	www.khaleejtimes.com /DisplayArticle.asp?xfile=data/theworld/2005/December/theworld_December367.xml§ion=theworld (416 words)

	Bloomberg.com: Market Insight
		The peso gained 0.1 percent in April through June, ending three quarters of declines, on optimism Arroyo would tackle the fiscal shortfall by improving tax collection, cutting spending and selling unprofitable state businesses.
		The peso closed at a record low of 56.35 on Feb. 20, a day after police dispersed Poe's supporters as the Supreme Court prepared to hear a petition to ban him from running on allegations he didn't meet citizenship criteria.
		Philippine unemployment, the highest of 14 Asia-Pacific economies tracked by Bloomberg, rose in April to 13.7 percent, a two-year high.
	quote.bloomberg.com /apps/news?pid=10000177&sid=aPkIMS5PH9Ps&refer=market_insight (1103 words)

	A Journey Through Life: Philippines Archives
		Philippine Medical Tourism website defines medical tourism as a trend wherein citizens of wealthy nations in the west and the middle-east travel to other countries for medical and healthcare services along with rest and recreation.
		A divorce decree obtained in another country, on the initiative of a Philippine citizen, is not recognized or considered valid in the Philippines.
		Divorce Bill Law should be given more importance since it became a common practice that men abandoned their families and children without support and then, start a new family somewhere else.
	www.ladylaila.net /blog/archives/cat_philippines.html (6962 words)

	Rice Terraces Of The Philippine Cordilleras
		Two hundred miles north of Manila, on the island of Luzon in the Philippines, terraced rice paddies rise like giant stairs from the valley floor to an altitude of 5,000 feet along the steep contours of the Cordillera mountain range.
		The Rice Terraces of the Philippine Cordilleras were painstakingly carved from the harsh terrain by Ifugao tribes people using primitive tools and bare hands more than 2,000 years ago.
		An image of the terraces embossed on Philippine peso bills leaves little doubt that the country considers them a national treasure.
	www.theculturedtraveler.com /Heritage/Print/Rice_Terraces.htm (878 words)

	ABS-CBN Interactive
		The Bangko Sentral ng Pilipinas said in November an "insignificant" number of the bills -- with President Arroyo's last name spelled "Arrovo" with a "v" -- were released.
		The peso, often hurt by political uncertainty, has been the best-performing currency in Asia this year, trading at six-month highs around 53.4 to the dollar.
		The Philippine National Police Criminal Investigation and Detection Group on Tuesday said that they have a strong case against Leonardo Capili, the alleged gunman in the slaying of Chief Inspector Renato Marasigan in Pasig City late last month.
	www.abs-cbnnews.com /storypage.aspx?StoryId=25259 (402 words)

	Brudirect.com - World Report
		The foul-up happened at a currency printer in Europe, which was making the bills in time for the Christmas spending spree in the Philippines, one central bank official told Reuters on Monday.
		The number of bills mistakenly released was "insignificant" and some people had returned them, she added.
		The peso, often hurt by political uncertainty, has been one of the best-performing currencies in Asia this year, hitting a six-month high of 54.30 to the dollar last week.
	www.brudirect.com /DailyInfo/News/Archive/Nov05/221105/wn02.htm (172 words)

	All Headline News - President's Name Misspelled On Philippine Bills - April 15, 2006
		Manila, Philippines (AHN) - The Philippine central bank is issuing an apology to President Gloria Macapagal Arroyo after peso bills with her name misspelled were put into circulation.
		The bills are being issued for the holiday shopping rush.
		The peso reached a six-month high of 54.30 to the dollar last week.
	www.allheadlinenews.com /articles/7001142096 (169 words)

	(SWS) The Social Climate
		There was a catch, of course: it was only left-over from the peso bills issued during the Japanese occupation five to eight years earlier.
		The Philippines had already been a republic since 1946, but pre-war peso bills were in circulation, and were real money too.
		Nowadays the cost of holding a peso bill is about ten centavos per year, thanks to Gabby Singson, whereas the cost of holding a dollar bill is only about two cents per year, thanks to Alan Greenspan.
	www.sws.org.ph /sep98.htm (2552 words)

	Crackdown on fake peso bills tightened - Apr. 19, 2004
		NBI Director Reynaldo Wycoco said several units of the bureau are trying to track down the makers of fake bills upon the request of the BSP, which has noticed that numerous fake bills have been circulating lately.
		Most syndicates also forge bills of higher denomination like 500 pesos and 1,000 pesos because it is not easy to get the materials with which to produce the counterfeit bills, Wycoco said.
		The groups usually erase the old information on the phased-out bills and put in the features of 500-peso and 1,000-peso bills.
	www.inq7.net /brk/2004/apr/19/brkoth_2-1.htm (307 words)

	The Manila Times Internet Edition \| OPINION > Is the Palace serious about fiscal reform? (Site not responding. Last check: 2007-10-09)
		The bills cover the excise tax on alcohol and tobacco, expanded value-added tax, lateral attrition, horseracing tax, simplified net income taxation, tax informers reward system, tax amnesty, fiscal incentives, antismuggling, excise tax on nonessential goods, full transparency in tax collection and common carriers tax.
		Committee members take pride—justifiably—in the effects of the bills they helped craft, including the strength of the Philippine peso against the US dollar notwithstanding ceaseless political turmoil.
		For instance, the Philippine General Hospital can have modern equipment for P250 million and yet there is no provision for their purchase in the budget, Recto said.
	www.manilatimes.net /national/2005/dec/16/yehey/opinion/20051216opi3.html (911 words)

	Bloomberg.com: Asia
		The peso gained as Fitch raised the outlook on the country's debt rating to stable from negative on measures to boost public finances.
		``An improvement in the deficit, which is one of the biggest problems for the Philippines, is positive for the peso,'' said Osamu Takashima, chief analyst of the foreign exchange and treasury division in Tokyo at Bank of Tokyo-Mitsubishi Ltd., a unit of Japan's second-biggest lender.
		The peso rose 0.3 percent this week to 54.40 against the dollar, according to the Bankers Association of the Philippines.
	www.bloomberg.com /apps/news?pid=10000080&sid=a9zXydoXMz18&refer=asia (872 words)

	Philippine 100 Peso Note Wrongly Spells President's Name (Site not responding. Last check: 2007-10-09)
		Christmas is a big event in the mostly Catholic Philippines, and the weeks leading up to the festival are especially busy.
		This year, to meet demand, the Philippines Central Bank had some 100 peso notes, worth about $1.84 at current exchange rates, printed in a European country, which it has not named.
		The Central Bank says other batches of 100 peso notes are being printed with the proper spelling of the President's name and over time it hopes to collect the bad bills and destroy them.
	www.voanews.com /english/2005-11-21-voa26.cfm (401 words)

	Peso tumbles past 54 to the dollar on Iraq worries (Site not responding. Last check: 2007-10-09)
		THE PHILIPPINE peso fell below the psychologically important level of 54 to the US dollar on Friday, pressured by Iraq war fears and domestic economic and political concerns, dealers said.
		In early trading Friday, the peso hit a fresh two-year low of 54.10 from Thursday's close of 53.98 amid reports of central bank intervention for the second day running.
		Dealers said the peso was pressured by concerns Congress would not be able to pass amendments to the Anti-Money Laundering Law before the Feb. 12 deadline set by the Paris-based Financial Action Task Force (FATF).
	money.inq7.net /breakingnews/view_breakingnews.php?yyyy=2003&mon=02&dd=07&file=14 (334 words)

	[No title] (Site not responding. Last check: 2007-10-09)
		This report on Combating Corruption in the Philippines (late-1999 to mid-2001) provides an update of the earlier report on the same issue which was published by the World Bank in May 2000.1 The earlier report documented the prevalence of corruption in the Philippines and examined the key institutions engaged in combating this corruption.
		In 2001, the Philippines was rated sixty-fifth (out of 91 countries surveyed) with a score of 2.9, slightly better than its score of 2.8 in 2000, but much worse than in 1999 with a score of 3.6.2 For the Philippines, the 2001 CPI was based on 11 independent surveys during 1999 and 2001.
		In the Philippines, the Makati Business Club represents the progressive elements of the business community who are looking at the larger picture of the economy, not only at their own business interests.
	www-wds.worldbank.org /servlet/WDSContentServer/WDSP/IB/2002/03/15/000094946_02030604013346/Rendered/INDEX/multi0page.txt (16836 words)

	Philippine Elections 2004
		However, while fun fare was the general mood of the recently concluded elections, there were significant signs of a growing passion amongst voters to know the candidates’ profiles, achievements and platforms as well as juicy stories of their personal and political lives.
		An alliance of party-list groups, the Party-list Caucus composed of Abanse Pinay, Akbayan, Sanlakas, among others, said that as much as 2 billion pesos were received by the NPA through the PTC during elections.
		Peso bills stapled on ‘how to vote’ cards seemed the normal thing to expect.
	cpcabrisbane.org /Kasama/2004/V18n2/Elections2004.htm (1603 words)

	Central bank to probe ‘Arrovo’ blunder - INQ7.net (Site not responding. Last check: 2007-10-09)
		WHILE apologetic over a batch of new 100-peso bills that mispelled President Gloria Macapagal-Arroyo's surname, the Philippine central bank has said that it would not let the culprit go off the hook.
		The printing of the controversial bills--where the President's surname was misspelled as "Arrovo"--was outsourced to a contractor from Europe, to ensure a sufficient supply of these bills which are highly in demand during the Christmas season.
		After discovering the error, the BSP withheld the release of the remaining bills.
	news.inq7.net /breaking/index.php?index=1&story_id=57304 (321 words)

	The Peninsula On-line: Qatar's leading English Daily (Site not responding. Last check: 2007-10-09)
		The foul-up happened at a currency printer in Europe, which was making the bills in time for the Christmas spending spree in the P
		Philippine army kills 10 in raid on communist rebels
		MANILA: Philippine troops killed 10 communist guerrillas and arrested 15 in a raid on a rebel meeting in a rice field on the central island of Leyte, the army said yesterday.
	www.thepeninsulaqatar.com /site_search/sitesearch1.asp?searchdate=2005/11/22&ct=D:\websites\d-peninsula\www\data (544 words)

	The Manila Times Internet Edition \| TOP STORIES > NBI seizes P453, 000 fake bills
		Lasala said an NBI agent posed as a buyer and bought a fake P500 bill and a fake P1000 bill from Nestor and Marivic.
		The bills were submitted to the cash department of the Bangko Sentral for examination.
		The bills were complete with watermark and security thread.
	www.manilatimes.net /national/2006/jan/24/yehey/top_stories/20060124top7.html (305 words)

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