1949Jan, 3
The Bangko Sentral ng Pilipinas, the central bank of the Philippines, is established.
The Bangko Sentral ng Pilipinas (lit. 'Central Bank of the Philippines'; commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines. It was established on July 3, 1993, pursuant to the provision of Republic Act 7653 or the New Central Bank Act of 1993 as amended by Republic Act 11211 or the New Central Bank Act of 2019.
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Events on 1949
- 1Apr
Communist Party of China
Chinese Civil War: The Chinese Communist Party holds unsuccessful peace talks with the Nationalist Party in Beijing, after three years of fighting. - 20Jul
1948 Arab-Israeli War
Israel and Syria sign a truce to end their nineteen-month war. - 1Oct
Mao Zedong
The People's Republic of China is established and declared by Mao Zedong. - 2Oct
Mao Zedong
The Soviet Union recognises the People's Republic of China, proclaimed the previous day by Mao Zedong. - 14Oct
People's Liberation Army
Chinese Civil War: Chinese Communist forces occupy Guangzhou.