Abaca industry in peril over use of polymer in peso bills
LIGAO CITY, Albay, Philippines — Rep. Jose Bong Teves Jr. of Talino at Galing ng Pinoy (TGP Partylist) has urged the Bangko Central ng Pilipinas (BSP) to rethink replacing abaca (manila hemp) with polymer in making peso bills as it has a negative effect on the local abaca industry. The Bicol region, a top producer […]
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