Geographical Errors in new Philippine Peso Bills - Tubatahha, Palawan Subterranean and Batanes Errors

Bangko Sentral ng Pilipinas (BSP) recently released the new designs of six major denominations in the Philippines last thursday. The new peso bills featured the late Philippine Presidents and the most amazing tourist destinations and animals in the country. The new money are majorly accepted by the Philippine public, however, some critics found out that there are some errors in the geographical locations of famous tourist spots like Tubatahha Reefs, Batanes Islands and Palawan's Subterranean Park.

New 1000 Peso Bill Errors

Based on local reports, Tubatahha reefs are placed with over 300 kilometers distance from the actual area as reflected in Republic Act 10067 - an Act signed by President Gloria Macapagal Arroyo specifying the exact ordinates of the tourist spot.

Northernmost islands of Batanes are not included in the banknote, according to newmediaph blog, upper islands of Batanes are group of the most beautiful islands in the Philippines so they should have been reflected.

New 500 Peso Bill Errors

"The location in the bill makes it seem that the park is inland. They should have moved the marker nearer to the upper edge and a bit lower and closer to Puerto Princesa. In any case, we believe that this is forgivable." -- as quoted from newmediaph


Bangko Sentral ng Pilipinas is not yet giving their official statements regarding the geographical glitches found.

Image credit: newmediaph.blogspot.com

Errors of BIR in posting the Top Individual Taxpayers of 2009 - Bandong and Taparan complain

The Bureau of Internal Revenue (BIR) seemed to have an error in declaring the Top Individual Taxpayers for 2009. This was after two of the top listed millionaires complained to BIR.

Rosabelle Bandong, a six-years Associate Editor turned to be the second top taxpayer having a tax paid of P57,867,521 where according to her tax returns proof, her paid tax was only P57,000.


Similarly, according to local news reports, Atty. Francis Carlo Taparan, P38,750,002 who landed at No. 4 as the BIR's top taxpayer in 2009 proved that he just paid a total of 38, 000 pesos.
 

BIR admitted that a rounding off errors happened causing wrong names to appear in the list. Meanwhile, they are seeking apology to the affected employees and said that a reshuffling of encoders will be made to ensure reliability and minimize carelessness in entering the data. Bandong and Taparan, upon their complains were already removed in the Top Individual Taxpayers for 2009.

New Philippine Peso Bill Design for 2010 Pictures released by Bangko Sentral ng Pilipinas

The new Philippine Peso Bill designs were released by Bangko Sentral ng Pilipinas and Noynoy Aquino (President of the Philippines) on December 16, 2010 at Malacanang Palace. As posted in my previous post entitled, "New Design of Philippine Money released by BSP", the designs of back and forth of the six denominations featured the faces of the previous Philippine Presidents and the major tourist attractions and destinations from different parts of the country.


Picture of the New Philippine Peso Bill

Image credit: Wikipedia

New Design of Philippine Money released by BSP this 2010 - Bill Pictures

Bangko Sentral ng Pilipinas (BSP) released the new designs of the six denominations of Philippine money for 2010. The launching was led by Noynoy Aquino, President of the Philippines at the Malacanang Palace on Thursday, December 16, 2010.

The image of the former President Corazon Aquino together with his late husband,  Benigno "Ninoy" Aquino featured the new 500 peso bill. "It does make me happy, as a son and as a Filipino, to have my parents in the same bank note. It is a testament to what they sacrificed for our people, and a testament to their love for our country", Noynoy said in an interview.

Redesigned Philippine money are equipped with stronger security features to detect if it's fake or not.

As reported, the designs of the six Philippine denominations are as follows:

P20 Bill Design
In front of the 20 peso bill is Manuel L. Quezon. At the rear part are the Palm Civet from the Cordilleras and the Banaue Rice Terraces.

P50 Bill Design
In front was Sergio Osmenia while the Taal Lake and its rare Maliputo milky fish at the back.


P100 Bill Design
In front was Manuel Roxas while Mayon Volcano and the Butanding, the world's largest fish that can be found at Donsol Sorsogon were featured at the back.


P200 Bill Design
Featuring the new 200 bill design was Diosdado Macapagal while the Chocolate Hills of Bohol and the famous Tarsier were at its back.

P500 Bill Design
Corazon Aquino and Benigno Aquino Jr. were featured in the new 500 peso bill. At the rear part are Puerto Princesa Subterranean River National Park at Palawan and the blue-naped parrot that can be found at Mindoro and Palawan.

P1,000 Bill Design
Fronting the bill are Josefa Llanes Escoda, Vicente Lim and Jose Abad Santos while at its back are the Tubbataha Reef Marine Park and South Sea Pearl.

According to reports, part of the security measures for the new denominations are serial numbers, security fibers, threads, see-through mark, embossed prints and the like.

Image credit: gmanews.tv