50th Anniversary of the Bangko Sentral ng Pilipinas

The Bangko Sentral ng Pilipinas (BSP) is the central bank of the Republic of the Philippines. It was established on 3 July 1993 pursuant to the provisions of the 1987 Philippine Constitution and the New Central Bank Act of 1993. The BSP took over from the Central Bank of Philippines, which was established on 3 January 1949, as the country’s central monetary authority. The BSP enjoys fiscal and administrative autonomy from the National Government in the pursuit of its mandated responsibilities.

President Corazon Aquino Visit to Washington

Philippine President Aquino's Visit Highlights Major Policy Changes. The economic, trade, and investment policies of the new government of the Philippines--now six months old--will be explained to the Reagan Administration, Congress, and U.S. business groups when President Corazon Aquino visits the United States in September.Aquino begins her official visit Sept. 17 in Washington, D.C. Later stops include New York, Boston, and San Francisco. The President and her party will conduct several meetings and seminars at which opportunities for investment in the Philippines will be discussed with U.S. companies. These include a seminar in Washington sponsored by the Overseas Private Investment Corporation (OPIC), the U.S. Chamber of Commerce, the ASEAN-U.S. Center for Technology Exchange, and the U.S. Chamber of Commerce, as well as a dinner speech on Sept. 19 to the Philippine American Chamber of Commerce in New York.

Commemorated in silver and gold coins, President Corazon C. Aquino's Visit to Washington was one of the major events that gained importance to the Filipino people after the EDSA Revolution in 1986.