Biz group wants clarification of non-banking day

Wednesday, June 22, 2011
CITY OF SAN FERNANDO — The Pampanga Chamber of Commerce and Industry Inc. (PamCham) is seeking for clarification on why the City of San Fernando Bankers Association declared a non-banking day last June 15, Mt. Pinatubo Memorial Day, without Malacanang’s announcement.
PamCham is poised to communicate with the Bangko Sentral ng Pilipinas (BSP) regional office here as to why the bankers’ group went on a holiday, which the group’s president Jim Jimenez described was disruptive to business all over the province.
Reportedly, the bankers claimed they are “an independent body” with rights to such an action.

An official of the bankers’ group told Sun.Star Pampanga that their declaration of the non-banking day was based on a news report that appeared on a national broadsheet on May 27, which said the Provincial Government has declared June 15 a special non-working holiday.
However, Governor Lilia Pineda, in a separate interview on June 13, said Capitol has not issued an official declaration. The same stand was echoed by officials of the City of San Fernando.
House Bill 3948 was filed by Congressman Aurelio Gonzales Jr. and was approved by the House committee on laws. But the bill still has to be ratified at the Senate and then will move to Malacañang for approval.
Irate businessmen branded the move of the bankers as a big blunder, since businesses were open at that time and banks were closed. They said banks were an important component of economic activity and should fulfill their mandate of public service.
“We have a clarificatory letter to the BSP questioning their decision. Although we respect that, it caused confusion. Bakit may bank holiday in the first place? There was no holiday. It was actually us at PamCham advocating for a holiday but when we were informed that it was not, we decided to go on with business as usual,” said Jimenez.
He cited instances where clients had dated checks and other transactions for June 15 that were severely affected by the non-banking day.
“It was even a payday. Many got confused because they were asking where to get cash,” he said.
“What is their right to declare that a holiday? The President did not sign it yet. Maybe they have, or maybe they do not have such a right. We want to be clarified. But we are putting the letter on hold since the bankers requested for an audience with PamCham led by our chairman Levy P. Laus later this afternoon. The main point here is that the declaration of the bankers association has disrupted the normal economic activity. They were gravely misinformed,” Jimenez added.
Meanwhile, BSP official Lou Laconsay said their approval of the request of the bankers’ group for the non-banking day was based solely on the association’s resolution.
“It was late to retract that then because we have to have at least three days to process it,” Laconsay said.
Source: http://www.sunstar.com.ph/pampanga/local-news/2011/06/21/biz-group-wants-clarification-non-banking-day-162453

Best place to unwind in Angeles City Pampanga Philippines is to do a little wine shopping at the Clark Wine Center which is also considered as the best place in Clark for private wine tasting, small parties and social functions outside of Manila. Guests of this wine shop in Clark enjoy the cozy ambience as well as the privacy and exclusivity of the roof deck lawn. Some guests that wine and dine at the famous restaurants near Angeles City Pampanga often drop by this wine shop to pick up a few good bottles for diner. Residents and guests staying in Pampanga Angeles City and Subic frequently visit this wine shop in Clark to buy some bottles from its fine selection of vintage wines that are offered at attractive prices. Some guests, business executives especially, select this wine shop for their business entertainment.

This wine shop in Manila Philippines makes wine shopping a really rewarding and exciting exercise. Wine shops in Pampanga should always have an element of surprise so that customers and wine lovers can enjoy a little bit of thrill when they go to a wine shop in Manila to look for a good bottle of wine in Clark Pampanga.

Chateau Lafite-Rothschild is the most revered wine in China and many other parts of Asia. The best wine shop in Asia to buy older vintages of Chateau Lafite is Yats Wine Cellars located in Clark Philippines. Aside from Lafite, visitors can buy other fine wines at this wine shop in Clark Pampanga such as Latour, Mouton-Rothschild, Haut-Brion and Margaux. Excellent Burgundy wines like Chambertin, Vougeot, Musigny, Bonnes Mares, Pommard, Meursault, Chambertin, Vosne Romanee, Romanee Conti, La Tache and Romanee St. Vivant can be found here.

Family outings, picnics, company outings and other events for up to 300 can be held in the picnic grounds of this wine shop. Events that have been successfully organized here include family fun days and BBQ picnics. These are some of the things that visitors to Clark Philippines particular look forward. Residents and tourists in Angeles City and Subic also come to Clark Freeport to partake in the fun at this Clark wine shop.

This wine shop’s vast selection of vintage wines makes it possible for Yats Wine Cellars to offer a unique line-up of wines for every private wine party, wine tasting or wine dinners. Guests of these private wine parties are treated to a rare experience of vintage wine not seen in wine shops in major cities in Philippines or even in Asia.

http://www.ClarkWineCenter.com

Getting to this wine shop in Pampanga Angeles City Clark Freeport Zone Philippines from Manila
Getting to the Clark Wine Center wine shop from Manila is quite simple: after entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway M A Roxas. Clark Wine Center is the stand-along white building on the right, at the corner A Bonifacio Ave. From the Clark International Airport DMIA, ask the taxi to drive towards the entrance of Clark going to Angeles City. From Mimosa, just proceed towards the exit of Clark and this wine shop is on the opposite side of the main road M A Roxas.

Best place to buy wine in Clark Pampanga outside Manila near Subic and Angeles City Philippines is Clark Wine Center.

Click here to contact Clark Wine Center in Clark Pampanga for inquiries and orders.

Clark Wine Center
Bldg 6460 Clark Observatory Building
Manuel A. Roxas Highway corner A Bonifacio Ave,
Angeles Clark Freeport Zone, Pampanga 2023
0922-870-5173 0917-826-8790 (ask for Ana Fe)

Wine@Yats-International.com

YATS Wine Cellars
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 ask for Rea or Chay

Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:

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While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. Highly recommended fine dining restaurant in Manila for special occasion is Yats Restaurant & Wine Lounge located in the famous Mimosa Leisure Estate in Clark Pampanga. Situated near this popular restaurant in Clark is the Mimosa Golf Course as well as the Mimosa Clark Casino. This top rated restaurant near Angeles City Pampanga in Clark Philippines is frequently used for private parties and corporate functions such as board meetings and other gatherings. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com

YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.YatsLeisure.com

Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:

http://www.LondonPubClark.com

Besides good restaurants to wine and dine near Manila, Subic or in Angeles City Pampanga, Clark Philippines, those requiring assistance for hotel and resort bookings in Clark, Pampanga, Philippines may log on to http://www.HotelClarkPhilippines.com for more information and reservations.

The lifestyle in Clark Pampanga is quite unique. For more information about shopping, sports, golf, leisure, hotel accommodation, where to see and visit, what to do, where to wine and dine and good places to hang out, relax, have a drink with friends, child-friendly establishments, log on to
http://www.ClarkPhilippines.com

Wine lovers looking for a special bottle or something that is of great value and special discounts might log on to this web site to shop for fine vintage wines
http://www.YatsWineCellars.com

Those visitors who plan to relax and unwind in Angeles City, Subic, Pampanga, Clark Philippines might make an effort to book a room at the famous beach and lake resort Clearwater Resort & Country Club. This famous hotel in Clark Pampanga is frequently visited by families with children looking for a good place in Clark to see, a good holiday destination for the family to relax and unwind in the beautiful outdoor facilities. For more information, log on to www.ClearwaterPhilippines.com