I watched this movie last December 31 on free TV. Mga Kwento ni Lola Basyang (Stories of Grandma Basyang) is inspired by the work of the famous Filipino writer Severino Reyes. This Sampaguita Picture production, is an anthology of two stories. My viewing of this movie led me to believe that even five decades ago, the fantasy genre is one of the mainstays of Filipino pop culture.
Dolphy, the Philippines' King of Comedy starred in "Si Pedrong Walang Takot" (Fearless Pedro).This is about a cowardly man named Pedro who gains courage by means of an enchanted bell that he used to scare away the kapre (a hairy giant).
The second one is " Ang Prinsesang Naging Pulubi" (The Princess Who Became a Beggar). A princess from a faraway land (portrayed by the glamorous Gloria Romero) rejected all of her high-profile suitors, believing that material riches cannot provide genuine happiness. Her act of constantly spurning her suitors provoked the ire of his father, the King. He decreed that she be given to the first beggar who finds his way to the royal garden. From this beggar (Juancho Gutierrez), she found true love.