Mindanao Daily Business (November 20, 2014)

Page 1

Mindanao Daily NEWS

ALUMINUM OCTANORM PARTITION BOOTH Attention: Event Organizers and Mall Exhibitors

CALL: (088) 880-4562 for booth reservations

BUSINESS . ECONOMY . CORPORATE . BANKING Your Mindanao-wide Business Newspaper

0917-549-4986

0917-719-4986

Brand New. Accessible within CDO. Competitive Price vs. Davao competition

Available FOR RENT In CDO and Mindanao

BSP holds gearing-up confab for external competitiveness Volume III, No. 147

Thursday

Editor : Cheng Ordoñez

C

AGAYAN de Oro City - The Banko Sentral ng Pilipinas (BSP) held its second Conference on Gearing up for External Cometitiveness (CGUEC) for 2014, yesterday, November 19, after a similar conference was held at the Subic Freeport in Zambales last May. BSP Monetary Board Valentin Araneta said the GCUEC forms part of the BSP’s Economic and Finance Learning Program. “We intend to bring toBanko Sentral ng Pilipinas (BSP) Monetary Board Valentin Araneta (center) discusses external competitiveness during the conduct of the Conference on Gearing up for External gether members of the busiCompetitiveness (CGUEC) for 2014, yesterday, November 19, 2014, at Limketkai Luxe Hotel, ness sector, academe and the Cagayan de Oro City. ​Joining Araneta in the media forum were Dr. Rogier van den Brink​ government in the Northern (left)​, lead economist in the Poverty Reduction and Economic Management Department of BSP, and Mr. Zeno Ronald Abenoja, head of the Department of Economic Research, BSP. Mindanao region and pro​​(Photo courtesy of Jason Raval/BSP)​. vide an opportunity out-

See 2014 story on Page B1 12 November 20,

sourcing to raise the awereness of exporters, importers, organizations of overseas Filipinos, business process outsourcing firms and entities with foreign currency dealings and obligations on the various ways to manage their foreign exchange risks,” Aranata said. The conference also discussed topics such as the recent economic developments and outlook, foreign exchange rate and policies, strategies for managing foreign exchange risks, BSP’s regulatory framework on hedging, and cross-country experiences on achieving external competitiveness. Araneta opened the

CGUEC and provided an overview of the prospects for the Philippine economy and issues on external competitiveness. Resource persons for the conference came from the academe, multilateral organizations, the financial sector and government agencies, aside from BSP itself. Joining Araneta in the media forum were Dr. Rogier van den Brink, lead economist in the Poverty Reduction and Economic Management Department of BSP, and Mr. Zeno Ronald Abenoja, head of the Department of Economic Research, BSP. (Cheng Ordonez/BSP)

Editorial: e-mail: mindanaodailynews@gmail.com • Advertising: e-mail: mindanaodaily.ads@gmail.com Contact: 0917-7121424, 0947-8935776


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Mindanao Daily Business (November 20, 2014) by Mindanao Daily News - Issuu