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(Eagle News) – “Folded bank notes, whether paper or polymer, can still be circulated and accepted for payment,” the Bangko Sentral ng Pilipinas (BSP) advised the public on Tuesday, July 12. The BSP said it issued this advisory to clarify and “address concerns raised on social media regarding non-acceptance by some establishments of folded 1000-Piso polymer banknotes.” Retailers and banks should accept folded bank notes, both the paper and polymer type, for day-to-day payment […]
New P1,000 polymer banknotes to be released in phases starting April 18 (Eagle News) – The Philippines has a new P1,000 polymer banknote which has more security features and more durable than the usual paper banknotes. The new P1,000 polymer banknote was presented to President Rodrigo Duterte on Wednesday, April 6, by Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno and Monetary Board members in a ceremony held in Malacanang. He received the 1000-Peso […]
EINDHOVEN, Netherlands (Reuters) — Researchers say they have developed a new polymer material which can ‘walk’ when a single fixed light source shines upon it. Co-lead author Dirk Jan Mulder, of Eindhoven University of Technology (TU/e) told Reuters: “The special type of plastic is made of a liquid crystalline polymer, which means they are built out of compounds like liquid crystals that we see in (LCD) displays. They have a certain order in them which […]
