CITY OF SAN FERNANDO -- The Bangko Sentral ng Pilipinas (BSP) will host the third of its series of conferences in "Gearing Up for External Competitiveness" Tuesday at 2:00 p.m. at the Holiday Inn in Clark Freeport.
BSP's Lou Laconsay said the conference aims to raise the awareness of exporters, importers, organizations of overseas Filipinos, business process outsourcing (BPOs), and other entities with foreign exchange dealings and obligations, on the various ways to manage their foreign exchange risks, and highlight the factors that impact on the country's external competitiveness.
She said the event will provide an opportunity for participants from the business sector, the banking community, the academe, and government agencies in Pampanga and nearby provinces to discuss issues that impact on the country's external competitiveness.
Resource speakers for the conference will come from the academe, a multilateral organization, the banking sector, and the BSP.
Topics that will be covered include: the overview of the country's competitiveness landscape; selected country experiences on determinants of external competitiveness; the strategies for managing foreign exchange risks; the BSP's regulations on hedging; and measures and reforms to enhance the competitiveness of Filipino exporters.
The first and second of the series of conferences were held at the BSP Complex in Manila on May 7 and at the Marriott Hotel in Cebu City last June 25. The participants were composed of representatives from exporters and importers organizations, government agencies, the academe, media and BSP officials.
Meanwhile, Laconsay said the BSP will launch its Economic and Financial Learning Program (EFLP) 1 including the re-launching of the BSP Economic and Financial Learning Center (EFLC)-Pampanga and the opening of the Financial Education Expo Exhibits on July 28 at 9:00 a.m. at the newly inaugurated BSP Pampanga Branch in Barangay Sindalan.
The BSP-EFLP is part of the bank's advocacy in promoting greater awareness and understanding of essential economic and financial issues and concepts to help the public acquire the knowledge and develop skills needed in making well-informed economic and financial decisions and choices.
After the launching rites, Laconsay added, a series of learning sessions and activities intended for the pre-working and the working and employed individuals will follow.
Among the activities are the stakeholders' appreciation lunch and awarding ceremony; public information campaign on the role of the BSP in the economy 2; financial empowerment course 3; and financial learning campaign for overseas Filipinos and their beneficiaries. (Jovi T. De Leon)