Wednesday, January 12, 2022

MEET MADISKARTE MOMS PH, A NEW ONLINE COMMUNITY OF MOMPRENEURS HELPING FELLOW MOMPRENEURS

The current economic condition has undoubtedly given rise to more home-based “mompreneurs,” or full-time moms wanting to start or grow an online business to earn additional income for their family. But as every entrepreneur knows, starting a business is not always easy, and it helps to have a community of fellow business-minded mommies for much-needed support and encouragement.

This is where Madiskarte Moms PH finds its purpose. A Facebook community launched in the thick of the pandemic, Madiskarte Moms PH encourages entrepreneurship among mommies wanting to earn from home through side hustles while still enjoying quality time with their families. Together with its highly engaging YouTube channel, Madiskarte Moms PH is a safe, friendly space where beginners can interact with more seasoned sellers for tried and tested tips on growing a business while attending to their duties at home.

Powering Filipino business owners with the strongest connections and the most reliable digital tools, PLDT Home Biz has recently reached out to Madiskarte Mom PH’s 95,000 mompreneur members to provide much-needed support for their ventures.


Tuesday, January 11, 2022

Panasonic Ensures Safety of Medical Students and Future Doctors, Equips FEU-NRMF Medical Schools with nanoeTM X Technology

Pursuant to their mission and vision as a company, Panasonic continues to advocate cleaner and fresher air for life. In recent events, the company partnered with the Far Eastern University – Nicanor Reyes Medical Foundation (FEU-NRMF) in Novaliches, Quezon City through a donation in the form of nanoeTM X-equipped Panasonic Air Purifiers as well as Panasonic Portable nanoeTM X Generators for the university’s use in its medical schools.


Monday, December 27, 2021

Achievements, future projects take the spotlight at UnionBank’s E-TalkTales year-ender event

In celebration of its numerous accomplishments and milestones this past year, and to give a small preview of what its customers can expect in 2022, Union Bank of the Philippines (UnionBank) held another iteration of its long-running virtual media roundtable series E-TalkTales last December 15.

During the virtual event, UnionBank Senior Executive Vice President, Chief Technology and Operations Officer, and Chief Transformation Officer Henry Aguda talked about some of the Bank's achievements for the year, while the Co-Founder and CEO of UnionBank's digital-native banking arm UnionDigital, Arvie de Vera, talked about the role that the newly formed digital bank will play in UnionBank's digital transformation journey going forward.


George T. Yang and Jose Mari Chan reunite to invite Filipinos to Share the Light to victims of Typhoon Odette through McDonald’s Kindness Kitchen

McDonald's Philippines Chairman and Founder George T. Yang once again joins forces with one of the country’s OPM icons, Jose Mari Chan in an online video to share the light and happiness of the holiday season. In the short clip, the two friends who first shared the screen in a McDonald’s video for Grandparents’ Day in 2019 give a new meaning to virtual caroling with fun animated versions of themselves caroling one silent night in a classic Pinoy Christmas setting.

The online video is part of McDonald's Philippines 'Share the Light' campaign which aims to spread happiness and kindness this season. To watch the video, check out McDonald's Facebook at facebook.com/McDo.ph.

In the spirit of sharing the light this holiday season to those affected by the recent onslaught of Typhoon Odette, Yang and Chan collaborated for the benefit of the McDonald’s Kindness Kitchen, a program of the Ronald McDonald House Charities (RMHC) that was set up to serve meals for frontliners and marginalized communities. With the support of its partners the Philippine Disaster Resilience Foundation (PDRF), Naval Reserve, Coca-Cola, Air Asia, and the Philippine Airlines, McDonald's activates its Kindness Kitchen to serve 20,000 meals in communities affected by the typhoon.

Since it began its operations in March 2020, McDonald's Kindness Kitchen has served over 550,000 hot meals nationwide. It continues to serve kindness to more communities with the support of its corporate and individual donors.

To find out more about the program and how you can help #ShareTheLight, visit rmhc.org.ph

UnionBank acquires Citigroup’s consumer banking business in the Philippines

UnionBank of the Philippines announced today that it has entered into a Share and Business Transfer Agreement with various subsidiaries of Citigroup Inc. (Citi) to acquire Citi’s consumer banking business in the Philippines. The transaction includes Citi’s credit card, personal loans, wealth management, and retail deposit businesses. 

The acquisition also includes Citi’s real estate interests in relation to Citibank Square in Eastwood, 3 full service bank branches, 5 wealth centers, and 2 bank branch lites. Erramon Isidro M. Aboitiz, Chairman of UnionBank, said, “This acquisition further cements our position as a leading bank in the Philippines, as well as fast-tracks our growth aspirations in the retail banking segment.” Edwin R. Bautista, President and Chief Executive Officer of UnionBank, highlighted that, “Citibank Philippines has a great, profitable and well-run retail portfolio. 

It has the 3rd largest credit card franchise and is a pre-eminent wealth management provider in the Philippines. We look forward to this gamechanging opportunity to leapfrog our credit card business and significantly expand our banking business in the higher end segment of the consumer market.” Mr. Bautista added, “There are clear synergistic opportunities in this engagement. 

We intend to learn from Citi’s expertise to enable UnionBank to effectively build on its success and take the business to the next level. As we embark on this journey, we are committed to retain all of Citi’s key talents and uphold the superior customer experience that Citi has delivered to its customers over the years.” Approximately 1,750 Citi employees, including senior management, are expected to join UnionBank. Mr. Aboitiz added, “We are looking forward to welcoming all employees to the UnionBank family. 

With the strong cultural similarities between the organizations, we believe Citi’s employees will feel at home at UnionBank.” UnionBank is the 7th largest publicly-listed bank in the Philippines and widely recognized to be the leading digitally transformed and most innovative bank in the industry. 

Union Bank of the Philippines (UnionBank) has always been among the first to embrace technological innovations to empower its customers. It embraces the future of banking and is committed to be the Philippines’ leading digitally-transformed bank to best serve the growing needs of Filipinos everywhere. It has consistently been recognized as of one of Asia’s leading companies, ranking among the country’s top universal banks in terms of profitability and efficiency. 

Over the years, UnionBank has garnered a record-breaking number of awards and recognition including: "Asia Trailblazer Institution of the Year" from Retail Banker International; "Best Bank Transformation in South East Asia 2021" from Global Banking and Finance; "Best Bank for Customer Experience in South East Asia 2021" from Global Brands Magazine; 4-Time "Digital Bank of the Year (2018-2021)" from The Asset Triple A; "Most Recommended Retail Bank in Asia Pacific 2021" from BankQuality.com; "Fastest Growing Fintech Company, South East Asia 2021" for UBX from Global Banking and Finance; back-to-back "Best Bank for SMEs" (2020-2021) from Asiamoney; "SME Bank of the Year - Philippines 2021" from Asian Banking and Finance; “Asia’s Best Bank Transformation” from Euromoney; "Asia-Pacific Retail Bank of the Year" from Retail Banker International; "Top 2 Most Helpful Banks in Asia Pacific during COVID-19" from BankQuality.com; "Asia Pacific Digital Trailblazer" for UnionBank and "DX CEO Asia Pacific" for President and CEO Edwin R. Bautista from IDC Asia Pacific DX Awards; "Best Digital Community Impact Initiative, South East Asia 2020" for UBX from CFI.co; "Fastest Growing Fintech Company, South East Asia 2020" for UBX from Global Brands Magazine; "2020 Digital Banker of the Year in Asia-Pacific" for President and CEO from The Asset; three-time "Best Digital Bank Philippines" from Asiamoney and International Finance Magazine; back-to-back Digital Transformer of the Year Philippines" from IDC DX Awards Philippines; "Best Retail Bank Philippines 2020" from Global Banking and Finance, The Asian Banker and The Digital Banker; "Domestic Retail Bank of the Year Philippines" from Asian Banking & Finance; back-to-back "Best Digital Bank Philippines" & "Most Innovative Cash Management Services Bank Philippines" from Global Banking and Finance; "#1 Best Service Domestic Bank in the Philippines" at the 2020 Asiamoney Cash Management Survey; and "Employer of the Year" awards from Stevie Awards for Great Employers, Asian Banking and Finance, and HR Asia. 

UnionBank stands firm in its promise to power the future of banking through "Tech-Up Pilipinas" to best serve the growing needs of Filipinos everywhere, while pioneering innovations for a better world. As of 30 June 2021, Citi’s consumer banking business has total assets of Php 89.5 billion including gross loans of Php 59.7 billion, total liabilities of Php 71.7 billion including deposits of Php 67.8 billion, investment AUM of Php 95.0 billion, and a customer base of close to 1 million. 

The transaction will be effected via (i) an asset and liability transfer of the consumer banking activities of Citibank, N.A., Philippines Branch, (ii) the sale of the shares in Citicorp Financial Services and Insurance Brokerage Philippines, Inc., and (iii) and the sale of Citibank Square building. UnionBank will pay a cash consideration for the net assets of the Citi Philippines consumer business (subject to customary closing adjustments) plus a premium of PHP 45.3 billion. 

Based on the anticipated increase in risk-weighted assets, the required equity is approximately Php 9.7 billion as of 30 June 2021. The acquisition is expected to be financed via a combination of internal resources and a stock rights offering (SRO). The Bank’s key shareholders – Aboitiz Equity Ventures, Insular Life Assurance, and Social Security System – are fully committed to the SRO. The transaction with Citi is expected to close in the second half of 2022. Completion is subject to regulatory approvals, including from the Monetary Board of the Bangko Sentral ng Pilipinas, Philippine Competition Commission, Philippine Deposit Insurance Corporation, Securities and Exchange Commission, and Insurance Commission. Citi will continue to operate its consumer banking business in the Philippines until completion of the acquisition, with no immediate changes in the way it serves its customers. 

All consumer banking operations, including call centers, Citibank online and mobile banking services, will continue to serve Citi’s customers as usual. Customers will be contacted in the coming months with more details. Citi will continue to operate its institutional business in the Philippines. Morgan Stanley is acting as exclusive international financial advisor to UnionBank in respect of the transaction. Milbank LLP and Romulo Mabanta Buenaventura Sayoc & de los Angeles are acting as legal advisors to UnionBank in respect of the transact

Thursday, December 23, 2021

Enjoy a star-studded NBA Christmas weekend with NBA League Pass powered by PLDT Home

An exciting holiday viewing experience awaits Filipino fans as the NBA’s 75th anniversary season – commemorated as NBA 75 – presents a full slate of games during the Christmas weekend from December 24 to 26, 2021. Christmas has always been one of the most highly anticipated days on the regular-season schedule, with sports-loving families turning the Christmas Day games into an annual binge tradition to enjoy together.

On Dec. 26, Christmas games will tip off in the Philippines at 1:00 AM beginning with the Atlanta Hawks versus New York Knicks, with this year’s slate featuring former Most Valuable Player Award winners (Giannis Antetokoumpo, James Harden, Kevin Durant, LeBron James, Russell Westbrook and Stephen Curry) and a collection of young stars (Trae Young, Jayson Tatum, Devin Booker, Luka Dončić and Donovan Mitchell), too.

Keeping NBA fans at the edge of their seats is watching which teams will dominate the holiday festivities, with four of the five matchups never played before on Christmas Day: Boston Celtics vs. Milwaukee Bucks at 3:30 AM; Golden State Warriors vs. Phoenix Suns at 6:00 AM; Brooklyn Nets vs. Los Angeles Lakers at 9:00 AM; and Dallas Mavericks vs Utah Jazz at 11:30 AM. Some Christmas Day fun facts include the Lakers playing on the holiday for the 23rd consecutive year and the Hawks and the Suns making their Christmas Day appearance for the first time since 1989 and 2009, respectively.

Here’s a guide to an entire holiday weekend’s worth of NBA action!

Watch the games between the NBA’s biggest and brightest stars live and on-demand at the convenience of your homes by subscribing to NBA League Pass — the NBA’s premium live game subscription service — powered by PLDT Home.

For as low as PHP 85, PLDT Home customers can subscribe to the 3-Game Choice package, which enables users to watch up to three games of their choice per month. Alternatively, subscribers can select the monthly package for NBA League Pass at PHP 485, which grants unlimited access to an entire season of NBA games in high-definition for the month.

Signing up for an NBA League Pass has never been easier for PLDT Home users, with subscription options listed on their myHome account.



For more information on how to enjoy the NBA League Pass via a PLDT Home subscription, please visit the official website at pldthome.com/nba-leaguepass.

Tuesday, December 21, 2021

THE GOODWILL MARKET DELIVERS PERFECT PRESENTS THIS SEASON OF GIVING

Gift-giving is made simpler with the goodies that have been bundled up for easy delivery by The Goodwill Market. Choose from a wide array of wholesome treats that have been packed into perfect presents to fit any lifestyle. Delivery is also hassle-free as your orders can be delivered directly to friends and family, to help you stay safe at home as you shop for the holidays.