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Education

Banares, Roselyn C. BSBA- Fin. Mgt4 “Educational Tour” (BSP, PSE and NEDA) BSP destination (Bangko Sentral ng Pilipinas) Sept. 2010 12, 2012 that was the date of our educational head to.

6: 00 am each day is the call up time, that’s why I attempted to wake up early morning to fixed my points and head to school with time. We leave at 7: 30 was and jooxie is first vacation spot was Bangko Sentral ng Pilipinas money museum. BSP allowed us to watch it on how that they made money. I leaned that they consumed of 10 months for making money. They showed us the minting technique of money.

This so took place that I appreciated watching the minting method. I learned also that the amount of money has reliability features of money and the record. In security features there is also a security threads, security fibres, code for the window blind on two hundred peso invoice, florescent creating, optically changing ink, obscured value about 500 peso bill, excellent see- through register and micro prints. Then following we observed the video, the speaker orients us about the old cash that we have in past times. We found different shapes, color, size and kind of money in the Israel.

I have liked the travel in that portion most especially after i tried to enjoy they’re touched screen equipment. We played out puzzles and trivia and we’re completely happy that we received 4 volume of right away of 5 questions. We all also navigate to the BSP library to search about our statement in economic policy. Ms. Rose Garcia helped us to enter in the library although we have no a albhabets of concerns. Then there after we take photos outside the art gallery for the remembrance. All of us also want to consider pictures with the old money that we have however the management of BSP would not allow us.

As its history of the BSP, the art gallery of Bangko Sentral ng Pilipinas. Inaugurated on January 3, 99, as part of the special event of the 50 years of central banking inside the Philippines, the museum showcases the Bank’s collection of values. As repository and custodian of the country’s numismatic heritage, the museum collects studies and preserves coins, paper notes, medals, artifacts and monetary products found in the Philippines during its diverse historical durations. These choices have been added to permanent screen at the useum. Designed to “walk” the visitor by using a number of galleries and museums, individually committed to a specific famous period of the nation, the art gallery visually narrates the development of the Philippine economic climate, parallel for the evolution of its forex. Complementary art from the BSP art collection, together with selected artifacts, boost each photo gallery. A beautiful memorabilia of fifty years of central banking in the Philippines exhibits the advances made in introducing price steadiness, to sustain economic progress in the country.

The exhibition corridor also holds the busts of the governors of the Central Bank/ Bangko Sentral. All of us learned all of this inside the BSP money art gallery. PSE destination (Philippines Inventory Exchange) The second was Philippine Stock Exchange, and this located in to ortigas city. Sir Harvey told us about a brief history of PSE which was each of our speaker. And that we knew the current Filipino Stock Exchange is a conjunction in the Manila Stock Exchange (1927) plus the Makati Stock Exchange (1963). The Manila Stock market, when around, was the first exchange in Manila and the oldest in the Far East.

Irrespective of having persisted separately for nearly three decades, the 2 bourses merged in 1992 under Chief executive Fidel Ramos. Association was deemed ideal because the two exchanges essentially traded the same listings. Ramos also directed for a more efficient capital market. In 1994, its procedures were ramping up with two trading floors , one out of Pasig Metropolis, the other in Makati City. Upon January four 1993, the PSE integrated the Position Trading System , a mechanical way for their procedures. Six months later on, on Summer 15, in addition they adopted the MakTrade trading system.

Although the two devices were connected on March 25 year 1994 to allow for similar opening and closing rates, it was not really until The fall of 13 95 that the devices were specific under the Specific Trading System , working under the MakTrade. In 1998 the Philippine Investments and Exchange Commission known as the PSE a self regulating organization, which allowed it to execute its very own policies and regulations. By 2001, the PSE acquired formed to a stock-shareholder primarily based organization through the shape of the profit making corporation.

It also began trading bonds. Simply by 2003, in order to be more widely held, the exchange just allowed stocks and shares to be listed through an beginning, rather than a preliminary public giving. He as well gathered a game to all of us to be paid attention to him. He gave a cd regarding PSE atlanta divorce attorneys person who responded correctly to his inhibited. He likewise shows all of us and discusses to us what happened in the real stocks and shares trading. This individual teaches all of us the use of electronic digital board and the way to read this. He as well told all of us on how can we buy or sell the stocks inside the trading day.

This individual explained to all of us the importance of stock brokers and where we can meet the stock agents. He as well told us how much the minimum funds that we need to have to buy stocks and options in the market. NEDA destination (National Economic Expansion Authority) Our last destination was the Countrywide Economic Advancement Authority. The NEDA was established in 1973 with Dr . Gerardo Sicat as its initial director standard. With the exception of Sicat, the Prime Minister of the Korea was generally the head from the agency prior to the First Persons Power Revolution. Former Chief executive Corazon C.

Aquino re-organized the NEDA into its present form This summer 22, 1987 until the administration of President Ninoy Aquino. Former president Corazon C. Aquino designated Winnie Monsod as its initially director-general following EDSA I actually. the legal basis of NEDA are the following a present type of the NEDA was organized by Leader Corazon C. Aquino about July 22, 1987 through Executive Purchase No . 230. It defined the structure of the NEDA Board as well as the Secretariat as well as its powers and functions, the powers and functions with the Authority as well as its committees. In July twenty six, 1994, President Fidel Sixth is v.

Ramos signed Memorandum Purchase No . 222 which reactivated the NEDA Board Professional Committee and mandating that the decisions with the NEDA Plank Executive Committee shall be final, executor and binding after the NEDA Board. Upon July 27, 1992, Director Ramos agreed upon Republic Act No . 7640, which constituted the Legislative-Executive Development Prediction Committee (LEDAC). The LEDAC serves as a consultative and advisory human body to the President as your head of the NEDA and gives tips on selected programs and policies, that are essential to the realization of the goals of national development.

While were staying in NEDA the speaker let us to observe their video while he discussing their goal as well as the importance of NEDA and why NEDA set up and their tasks and obligations. The speaker also allow us to asked about this individual discussed and a few of our schoolmates asked a lot of questioned as well as the speaker could be amazed and he informed us that individuals as a group are experiencing a good questioned regarding as to what hi discussed to us. After all of us reached the last vacation spot we return to our college and go back home. Educational head to pictures

This kind of picture was taken while we are in BSP money museum. We took images for remembrance and for system of our last product. All of us also required pictures when we are in the bus and expecting our tourist guide to tell us that we go inside the BSP money museum. This picture was considered when we are in the NEDA and PSE. Friend Harvey we will to take pictures inside the PSE when he gathered his discussion about the PSE. This individual told us to take a picture having the trading floor as our background. We asked him if we can take an image together with him and he agreed.