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After an emergency meeting of PCPPI and PepsiCo executives at 3:00 a.m. on the 27th, [6] the company offered 500 pesos ($18) to holders of mistakenly printed bottle caps as a "gesture of goodwill". [ 12 ] [ 13 ] This offer was accepted by 486,170 people, costing PepsiCo US$8.9 million (240 million pesos).
The first Globe Discount City opened in Houston in November 1960 by United Mercantile Inc. United had formed earlier in 1960 to operate the existing seven-store chain of Danburg's Department Stores which had existed since the 1930s and the forthcoming big-box Globe retail locations – the first three of which were each built with over 100,000 square feet of space. [2]
Globe Telecom, Inc., commonly shortened as Globe, is a major provider of telecommunications services in the Philippines. The company operates the largest [citation needed] mobile network in the Philippines and one of the largest fixed-line and broadband networks. As of November 2023, Globe has 54.7 million subscribers, making it the second ...
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The California gold rush of 1848-1855 meant the gold onza, officially valued at 16 pesos, fetched only about 15 pesos internationally, and it in fact suffered as much as a 33% discount when paid to Chinese merchants who consistently count in silver pesos. As the Spanish government continued to receive these gold onzas as 16 pesos, there ...
In 2007, Bangko Sentral ng Pilipinas (BSP) began the 12-year demonetization process of the New Design Series when the New Generation Currency (NGC) project was started the formal conceptualization process, which was a meeting of the minds of people with diverse backgrounds and ideas: central bankers, artists, technocrats, historians, communication experts, and currency printers to further ...
The rest of the series was released March 2018 consisting of 1, 5 and 25-sentimo and 1, 5 and 10-piso. A 20-peso coin was added to the series on December 17, 2019, in order to replace the overused 20-piso banknote with a coin that could last 10–15 years longer in circulation. [12]
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