Central bank launches new bank notes

By Charlene Cayabyab and Jovi T. De Leon
Tuesday, July 19, 2011
CITY OF SAN FERNANDO — The Bangko Sentral ng Pilipinas (BSP) San Fernando branch launched Tuesday the new generation Philippine Bank Notes, known as new generation currency (NGC), for cash handlers.
The launching was made at the Ephatha Hall of the Social Action Center of Pampanga in Barangay Maimpis here.
The morning briefing was attended by government officials and representatives from regional agencies, offices, as well as students and teachers. The afternoon forum was for bankers and financial institutions.
The features of six new bank notes is a combination of technology and tradition, according to BSP currency analyst Joan Ballacillo, who described the high-security laden P20, P50, P100, P200, P500 and P1,000 bills as difficult to forge or counterfeit.
The NGCs also feature “bio-guard” that can last up to three years to prevent the transfer of bacteria and diseases.
“Much of the bills in circulation have been retained but the design has been enhanced. The NGCs now have embossed prints, asymmetric serial numbers, security fibers, watermarks, see-through marks, superimposed concealed value, security threads and for the P1,000 bill, the optical variable ink,” said Ballacillo.
She added it is important that the bills be handled properly and not be tampered.
For his part, Acting Regional Director Tomas Carino Jr. told Sun.Star Pampanga that it may still take about two to three years before the NGCs come in full circulation.
“There is just a small percentage of it in circulation because of printing considerations. In two to three years, they will be in full circulation just in time for the demonetization of the current bills in circulation,” he said.
He also said the innovations made on the new banknotes can be described by 4Ms — maganda, matibay, malinis and makulay.
According to Cariño, the new banknotes’ designs were made to pay tribute to Filipinos who became part of Philippine history, and highlight iconic spots.
Hard to counterfeit
The BSP also assured that the new generation of banknotes is difficult to counterfeit.
Carino said the new banknotes have added security features aside from their serial numbers.
The banknotes also have security fibers, which are red and blue, embedded on the paper at random glow in two colors under ultraviolet light, he added.
The new banknotes also have watermarks and security threads.
Carino said the watermarks show a shadow image of the portrait of the personality on the paper money and the numeral value of it is seen at the blank space of the note when viewed against the light from either side of it.
The security threads, he said, runs vertically across the note, which is also visible from either side of the note.
Ballacillo, however, said the Central Bank cannot stop individuals who would still try to copy the money.
“Of course, we cannot stop them from copying it. But, we assure the public that they will not be able to copy it as it is,” Ballacillo said.
Reward system
She said the BSP has a reward system called “Bayani Ka Na, Magkakapera Ka Pa,” which awards individuals who can provide confirmed information on counterfeiters.
Joshua Ayuste, acting assistant manager of the BSP-Pampanga, also said there are only P702 million worth of new bank notes circulating across the country.
“That is only a small number of new notes circulating so there is nothing really to worry about counterfeiting,” Ayuste said. (With reports from Aurora Catu, Sun.Star Pampanga Intern)
Published in the Sun.Star Pampanga newspaper on July 20, 2011.

Source: http://www.sunstar.com.ph/pampanga/local-news/2011/07/19/central-bank-launches-new-bank-notes-167774

Clark Wine Center was built in 2003 by Hong Kong-based Yats International Leisure Philippines to become the largest wine shop in Philippines supplying Asia’s wine lovers with fine vintage wines at attractive prices. Today, this wine shop in Clark Philippines offers over 2000 selections of fine wines from all major wine regions in the world. As a leading wine supplier in Philippines, Pampanga’s Clark Wine Center offers an incomparable breadth of vintages, wines from back vintages spanning over 50 years. Clark Wine Center is located in Pampanga Clark Freeport Zone adjacent to Angeles City, just 25 minutes from Subic and 45 minutes from Manila.

Residents of Pampanga Angeles City, Subic, Tarlac and Clark Philippines know of this wine shop as one of the best places in Clark, a good night out place and simply the best place to hang out, enjoy some good wine with cheese on the roof deck with good atmosphere, or just relax and unwind with friends and family in a cool place. This wine shop in Clark Pampanga is recognized by many to be one of the best places to buy fine vintage wine in the Philippines. Located near Mimosa Leisure Estate surrounded by golf courses, resorts and a casino, this well known wine shop is frequently visited for its good selection of wine not available in Manila or Subic. Clark Wine Center is open 7 days a week from 10am to 8pm. Private dinners, wine tastings and group gatherings can be organized by advanced reservation.

Foodies and wine lovers travel north from Manila to wine and dine at Philippines’ best fine dining restaurant in Pampanga Clark Freeport worth the 60-minutes drive for a memorable evening of good food with vintage wine at Yats Restaurant & Wine Bar. Most guests would stop by this famous wine shop called Clark Wine Center to bring home a few good bottles of fine vintage wine also. Other visitors may find the wine selections in some of the restaurants in Angeles City Pampanga to be less than interesting, so they stop by this wine shop near Angeles City Pampanga Clark Philippines, buy some good wines and bring these bottles of good vintage wines to the restaurants so they can enjoy the dinner.

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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.

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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