{"id":276565,"date":"2020-11-25T03:30:30","date_gmt":"2020-11-25T08:30:30","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=276565"},"modified":"2020-11-25T03:30:30","modified_gmt":"2020-11-25T08:30:30","slug":"bsp-denies-spending-for-new-logo","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2020\/11\/25\/bsp-denies-spending-for-new-logo\/","title":{"rendered":"BSP denies spending for new logo"},"content":{"rendered":"<figure id=\"attachment_151973\" aria-describedby=\"caption-attachment-151973\" style=\"width: 960px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/02\/Bangko-Sentral-ng-Pilipinas.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-151973\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/02\/Bangko-Sentral-ng-Pilipinas.jpg\" alt=\"\" width=\"960\" height=\"638\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/02\/Bangko-Sentral-ng-Pilipinas.jpg 960w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/02\/Bangko-Sentral-ng-Pilipinas-300x199.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/02\/Bangko-Sentral-ng-Pilipinas-768x510.jpg 768w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/02\/Bangko-Sentral-ng-Pilipinas-20x13.jpg 20w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/a><figcaption id=\"caption-attachment-151973\" class=\"wp-caption-text\">The statement was issued a few days after a news report said the central bank allocated about PHP52.5 million for this year for its new logo. (File Photo: Bangko Sentral ng Pilipinas\/Facebook)<\/figcaption><\/figure>\n<div dir=\"auto\"><strong>MANILA<\/strong>\u00a0\u2013 The Bangko Sentral ng Pilipinas (BSP) on Tuesday denied allegations that it spent millions for the design and development of its new logo.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">In a statement, the central bank said the new logo, a gold-colored full-bodied eagle with wings spread upward, \u201cwas developed by in-house talents who shared their skills in the process. Thus, no procurement was required.\u201d<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cThere is no truth to reports that it spent millions of pesos in relation to its new logo,\u201d it added.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">The statement was issued a few days after a news report said the central bank allocated about PHP52.5 million for this year for its new logo.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Quoting the central bank\u2019s final annual procurement plan for 2020,\u00a0<a href=\"http:\/\/www.google.com\/url?q=http%3A%2F%2FBilyonaryo.com.ph&amp;sa=D&amp;sntz=1&amp;usg=AFQjCNHdn-bJLyyKA91R5W9w5FjO-Z5oHw\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=http:\/\/www.google.com\/url?q%3Dhttp%253A%252F%252FBilyonaryo.com.ph%26sa%3DD%26sntz%3D1%26usg%3DAFQjCNHdn-bJLyyKA91R5W9w5FjO-Z5oHw&amp;source=gmail&amp;ust=1606307503637000&amp;usg=AOvVaw0TJsZzqpEPWuh4F5BNF9m2\">Bilyonaryo.com.ph<\/a>\u00a0cited the PHP30-million budget of the Corporate Affairs Office (CORAO) for public relations and advertising programs for BSP branding, circulars, advisories, notices and corporate ads; and the PHP15 million for production and replication of advertising materials for television and radio, among others.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">It also cited the PHP7.5-million budget allocated for public relations and advertising programs for the whole year.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Earlier, the central bank said the new logo will be done in phases, with details scheduled to be announced in January next year.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cThe current logo, which was introduced in 2010, will still be used in the meantime,\u201d it said, adding \u201cthe new logo was endorsed by the National Historical Commission of the Philippines prior to the Malaca\u00f1ang approval in November 2020.\u201d<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0\u2013 The Bangko Sentral ng Pilipinas (BSP) on Tuesday denied allegations that it spent millions for the design and development &hellip;<\/p>\n","protected":false},"author":33,"featured_media":151973,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,16,95],"tags":[],"class_list":["post-276565","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-news","category-news-ph","mauthors-joann-villanueva","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/276565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=276565"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/276565\/revisions"}],"predecessor-version":[{"id":276571,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/276565\/revisions\/276571"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/151973"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=276565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=276565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=276565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}