Business group: Non-banking day disruptive for business
By Ian Ocampo Flora
June 16, 2011
CITY OF SAN FERNANDO — The Pampanga Chamber of Commerce and Industry expressed concern on the holding of a non-banking day Wednesday by some banks in the province, adding the group is puzzled with the move as June 15 has not been declared as an official holiday.
PamCham president Jim Jimenez cautioned that the banking sector should be careful in declaring non-banking days based on policies and regulations set by the government.
To recall, news reports about the alleged Provincial Government’s declaration of June 15, the day Mt. Pinatubo erupted, as a holiday has led some local banks to declare a non-banking day in the province. This year marks the 20th anniversary of the volcano’s eruption.
A bank official who requested anonymity told Sun.Star Pampanga that the bank’s decision was based on an internet clipping and a report from a national broadsheet, which stated that the Provincial Government of Pampanga has “formally declared” June 15 of this year as a special non-working holiday in the province. Pampanga Governor Lilia Pineda, however, denied issuing such a declaration.
“We respect the move of the banking sector. However, we should exercise caution and should verify first if the news is true or not,” Jimenez said.
He said the non-banking day is counterproductive for business and would lead to confusion since most businesses are open today for regular transactions and operations.
“It is confusing since businesses are open and the banks are closed. It affects clients not just of business but also of the banks. There should be a consensus to protect the interests of the clientele in general,” Jimenez said.
There are also reports that some banks in the province have opted not to join the non-banking day. It’s business as usual for the Pampanga except for Angeles City, whose local legislative body passed an ordinance declaring a special holiday in the city.
June 15 will be a normal working day for the rest of the cities and municipalities in the province.
The House of Representatives committee on revision of laws had earlier approved House Bill (HB) 3948, a measure that seeks to declare June 15 as Mount Pinatubo Memorial Day and a special non-working holiday for Pampanga and Angeles City.
However, the bill has yet to be approved into law as it awaits approval of in the House plenary and the Senate
Source: http://www.sunstar.com.ph/pampanga/local-news/2011/06/14/business-group-non-banking-day-disruptive-business-161128
Fine dining in Manila Philippines, wine and dine at Yats Restaurant & Wine Bar, great wine list
Many tourists traveling north to Baguio or Bataan make a stop at Clark Philippines to relax and unwind at this famous fine dining restaurant. Conveniently located in the Mimosa Leisure Golf Estate, next to the Casino and the well known 36-hole championship golf course of Mimosa, frequently visited Yats Restaurant & Wine Bar is a well known destination for tourists and residents of Angeles City Pampanga and Manila to be one of the best fine dining restaurants in the Philippines. Wine lovers from Manila and all other cities in Asia already know of Yats Restaurant for its award winning 2700-item wine list. This resto bar is generally regarded as the best restaurant in Clark Pampanga.
Places to go during holidays in Philippines, wine & dine in Clark at Yats Restaurant & Wine Lounge, one of 600 restaurants in the world to win Wine Spectator’s Best of Awards of Excellence Wine List.
Recent opinion survey of frequent travelers heading north towards Subic and Clark Pampanga revealed that the number one most frequently visited fine dining restaurant in Pampanga is Yats Restaurant & Wine Bar located in Clark Philippines. Reasons given include good food, excellent service, an elegant, cozy and upscale ambience, availability of exclusive private dining rooms, a nice garden for outdoor alfresco dining and cocktail parties. There are two very impressive wine cellars that contain some of the world’s finest wines and rare vintages. Yats Restaurant is already recognized as one of the top rated restaurants in the Philippines. It is frequently visited not only by local residents but also tourists arriving in the Philippines for a memorable dining experience.
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(045) 599-5600
0922-870-5178
0917-520-4401
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How to get to this fine-dining restaurant in Clark Pampanga? Once you get to Clark Freeport, go straight until you hit Mimosa. After you enter Mimosa, stay on the left on Mimosa Drive, go past the Holiday Inn and Yats Restaurant (green top, independent 1-storey structure) is on your left. Just past the Yats Restaurant is the London Pub.
Yats Restaurant & Wine Bar
Mimosa Drive past Holiday Inn, Mimosa Leisure Estate,
Clark Freeport Zone, Pampanga, Philippines 2023
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay
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