Marcos unveils first PH polymer banknotes

The Manila Times

Marcos unveils first PH polymer banknotes  President Ferdinand. Marcos Jr. leads the unveiling of the first Philippine Polymer Banknotes Series in a ceremony in Malacañang on Dec. 19, 2024. The polymer series is composed of the 1000-piso polymer banknote, which was introduced in April 2022; as well as new polymer denominations: 500-, 100-, and 50-piso. “Today, I stand before you with pride as we unveil the first Philippine polymer banknote series— a groundbreaking step that embodies the strength, ingenuity, and forward momentum of our nation," the President said in his speech.   VIDEO BY MPC pool  Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe  Visit our website at https://www.manilatimes.net    Follow us:  Facebook - https://tmt.ph/facebook  Instagram - https://tmt.ph/instagram  Twitter - https://tmt.ph/twitter  DailyMotion - https://tmt.ph/dailymotion    Subscribe to our Digital Edition - https://tmt.ph/digital  Sign up to our newsletters: https://tmt.ph/newsletters   Check out our Podcasts:  Spotify - https://tmt.ph/spotify  Apple Podcasts - https://tmt.ph/applepodcasts  Amazon Music - https://tmt.ph/amazonmusic  Deezer: https://tmt.ph/deezer  Tune In: https://tmt.ph/tunein   #themanilatimes #tmtnews #philippines #marcos

Transcript

00:00We will introduce the other three polymer banknotes, starting with the 500-peso polymer banknote which features a science polyvere and an orchid called Acanthotypium mantinyanum.

00:14Now we unveil the one-red piece of polymer banknote with a panalo-peacock pheasant and another orchid, the Ceratocentron pheasibii.

00:34And finally, the 15-peso polymer banknote with a Visayan leopard cat and a Vidal's lanuta.

01:04The new polymer banknote series, composed of 1,500, 100, and 50 nominations, the new banknotes may be used for payment alongside the older banknotes.

01:22Smarter, polymer banknotes have more sophisticated security features against counterfeiting. They also have a lower carbon footprint than their peer counterparts, requiring less energy and resources for production.

01:39Cleaner, polymer banknotes have a smooth and non-absorptive surface, which is more resistant to water, oil, and dirt. Bacteria and viruses also survive for shorter periods on polymer than paper banknotes.

01:56Stronger, polymer banknotes last two to five times longer than paper banknotes. This helps reduce production and replacement costs in the long run. The first Philippine polymer banknote series showcases our nation's rich heritage in biodiversity, featuring protected and native species.

02:18The banknotes also feature clean designs from various regions of the country, promoting our vibrant cultural traditions and heritage. They also have features that aid the visual challenge. Smarter, cleaner, and stronger. The first Philippine polymer banknote series is a symbol of progress and national identity, a celebration of the rich natural heritage of the Philippine people.

02:48The first Philippine polymer banknote series is a symbol of progress and national identity, a celebration of the rich natural heritage of the Philippine people.

03:18The first Philippine polymer banknote series is a symbol of progress and national identity, a celebration of the rich natural heritage of the Philippine people.

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