A civil society group, August Twenty-One Movement (ATOM), criticized the Bangko Sentral ng Pilipinas (BSP) for phasing out banknotes featuring Philippine heroes in favor of polymer bills showcasing animals and plants. The group highlighted that P1,000 bills with heroes have not been printed under the current administration. BSP defended the change, emphasizing the importance of biodiversity and Filipino identity alongside heroes. ATOM questioned if this shift undermines the legacy of resistance and sacrifices by past heroes. They also raised concerns about the cultural implications, urging the BSP to balance historical significance and modernization.
PHILIPPINE HEROES ON BANKNOTES: REPLACEMENT WITH ANIMALS SPARKS DEBATE
Latest from Business
The Department of Agriculture (DA) is exploring a partnership with DALI Everyday Grocery to create a
Philippine inflation surged to 7.2 percent in September, up from 6.1 percent in August and reaching
More local government units (LGUs) sought loans in August, with total borrowing requests more than doubling
China Bank Savings Inc. is expanding its financial literacy programs for Filipino public school educators as
Three in five Filipino mobile users want reliable 5G connectivity wherever they go, while 36 percent