Issue of May 14, 2017
Mt. Province

66th Courier Anniversary Issue
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BSP office ready by 2018
by Rimaliza A. Opiña

Notwithstanding criticisms on the excavation and cutting of more than 40 trees at the site where the Baguio office of the Bangko Sentral ng Pilipinas will soon stand, the central bank management is pursuing the construction and has announced that it will hire personnel to be deployed at its new branch office.

BSP-La Union Director Rogel Joseph del Rosario said BSP-Baguio will open in 2018 since the projected schedule for the construction is going as planned.

The BSP will need security personnel and administrative staff for its Baguio office.

The Diocese of Baguio earlier belied the claim of the BSP that it approved the project. Diocese spokesperson Fr. Manny Flores in an interview in a local TV station said their attending the consultation should not be equated with acceptance of the project.

Del Rosario said the BSP no longer wants to make an issue out of objections to their project, and maintained that prior to construction, all processes have been followed. He also said the presence of a Baguio office has many advantages.

The BSP said several stakeholders, including environmental groups and the business sector, have been consulted.

The BSP said consultations have been conducted between Jan. 11, 2013 and November 2014.

More than 100 trees, mostly pine, were cut to pave way for the construction of the BSP-Baguio along Loakan.

The BSP said its management would comply with the requirement of the Department of Environment and Natural Resources that it will replace with new saplings every tree it cuts. The BSP will be donating 10,000 indigenous tree seedlings and plant the same at a site to be identified by the DENR.

The building reportedly has “green” design elements that will help ensure the environmental sustainability at the site, such as minimizing the use of paved concrete in favor of natural soil and grass, a rain water harvesting facility to reduce dependence on local water supply, installation of vertical greenery to reduce heat transfer onto the building facades, and the use of high windows to maximize the entry of sunlight into the building.

The BSP said a Baguio branch will foster growth in the local economy and financial system, facilitate the delivery of central banking services in the region, and help ensure a steady supply of currency in the area, even in the times of inclement weather or poor road conditions.

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Baguio Country Club
Department of Tourism – CAR
University of Baguio
Venus Parkview Hotel

Congressman Mark O. Go
Department of Health – CAR
Kings College of the Philippines
Lepanto Consolidated Mining Company
Mayor Mauricio G. Domogan
Narda’s Handwoven Arts & Crafts Inc.
Philex Mining Corporation
Pines City Colleges
Province of Benguet
Sangguniang Panlungsod
SM City Baguio
Social Security System

Assumption Medical Diagnostic Center
Baguio Center Mall
Baguio Central University
Baguio Heart and Lung Diagnostic Center Inc.
Baguio Memorial Chapels Incorporated
Baguio Water District
Bureau of Fisheries and Aquatic Resources – CAR
C & Triple A Supermart
Congressman Ronald M. Cosalan
Curamed Pharmacy
Data Center College of the Philippines of Baguio City Inc.
Department of Agriculture – CAR
Department of Environment and Natural Resources – CAR
Department of Trade and Industry – CAR
Department of Transportation – CAR
Easter College Incorporated
Fabulo Beauty and Image Salon
Fast East Pacific Commercial
Filipino–Japanese Friendship Association of Northern Luzon, Inc.
GMS Technology
Immigration Network Services, Inc.
La Funeraria Paz, Inc.
Mayor Romeo K. Salda
MMS Development Training Center Corporation
Mother Earth Deli Basket
National Economic & Development Authority–CAR
Overseas Workers Welfare Administration
Philippine Science High School – CARC
R.A. Gapuz Review Center
Regional Tripartite Wages and Productivity Board – CAR
Solibao – Ganza Restaurant
Technical Education and Skills Development Authority

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