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Singapore F&B expert Andrew Tan brings global flavors to Araneta City’s World Kitchens

Sunday, January 19, 2025

Andrew Tan

Meet the man who helps bring the world’s best dishes to Metro Manila’s newest dining destination

Get ready to embark on a world-class culinary journey as World Kitchens, the newest and most exciting dining destination, opens its doors soon at Araneta City’s Gateway Mall 2.

Inspired by the comfort food of the world, WORLD KITCHENS is a one-of-a-kind, first-of-its-kind 5-star dining destination created by Singapore’s food and beverage guru Andrew Tan Hock Lai. With 15 show kitchens and international chefs specializing in unique cuisines, this giant full-table-service restaurant offers a variety of international dishes at affordable prices. Serving great food at a single table, and using AI technology for seamless ordering, World Kitchens redefines dining as a global culinary experience.

He is highly regarded for his expertise in crafting menus tailored to the unique themes and requirements of specific events, as well as the refined tastes of prestigious guests. His meticulous attention to detail and culinary artistry have earned him opportunities to curate extraordinary dining experiences for some of the world's most distinguished figures. Among them are Singapore's founding father Lee Kuan Yew, the UK's Prince Andrew, former U.S. Vice President Al Gore, and Japan's Emperor and Empress.

Tan is also renowned for his pioneering efforts in infusing technology into the F&B industry, particularly at Singapore's Colours by the Bay. He introduced innovative wireless systems with table-side ordering through handheld devices, self-service kiosks for personalized and convenient ordering, and payment solutions for faster and more secure transactions. By integrating technology to customize guest preferences and enhance loyalty programs, he set a new standard for blending innovation with hospitality.

"Keeping with times is not good enough. A restaurant must be well conceptualized and creatively designed with an infusion of arts to engage and to evoke the emotions of the audience,” Tan explained.

On making World Kitchens

His latest endeavor, the 2,544-square-meter World Kitchens, embodies his passion for creating dining experiences that are innovative, inviting, and designed to bring people together. Fifteen show kitchens, each helmed by international chefs, serve a medley of dishes that reflect the culinary traditions of every corner of the world.

“I love to eat, and I know how hard it is sometimes to decide what to order when you’re at a restaurant. That’s how the idea for World Kitchens came to life. Whether you’re traveling, dining with family, or out with friends—everyone has different tastes. You can order from different kitchens and enjoy exactly what you’re craving. It’s all about making dining an experience everyone can enjoy together,” Tan shared.

At World Kitchens, authenticity of taste is important as it is at the heart of every dish. He believes that food should transport diners to the places that inspired it, offering a culinary journey like no other.

“We want to invite everyone to experience World Kitchens, where every dish takes you on a journey. When you eat Japanese food, it’s like dining in Japan. When you try Italian, it’s prepared by an Italian chef just for you. Even our Filipino dishes are made by the best of the best, ensuring every meal feels truly special,” he explained.

True to Tan’s innovative thinking, World Kitchens showcases a seamless fusion of tradition and technology. It introduces a quick and effortless way to order from all of its kitchens with just a few swipes and taps on your phone, ensuring that every dining experience is not only delicious but also delightfully convenient. His vision elevates the dining experience and provides a culinary atmosphere that combines comfort with sophistication.
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EastWest Rural Bank Supports National Children's Month Celebration in Tacloban City

Monday, January 13, 2025


In honor of National Children’s Month, EastWest Rural Bank (EWRB) joined hands with the Department of Education’s (DepEd) Learners’ Rights and Protection Office (LRPO) for a meaningful and impactful celebration hosted by Region VIII. The well-attended event took place on November 25, 2024, at the People’s Center in Tacloban City, leaving a lasting impression on participants and stakeholders alike.

With over 400 attendees, including students, teachers, DepEd representatives, and local officials coming from different regions, the event highlighted the importance of creating a safe and supportive environment for Filipino children by engaging, empowering, and equipping the youth with the tools they need to thrive in school.

"At EastWest Rural Bank, we are dedicated to empowering communities and creating opportunities that transform lives," said Sheila Marasigan-Bajado, President.

EastWest Rural Bank demonstrated its focus on uplifting communities through education and support. The bank’s team actively engaged with participants throughout the entire event, providing over 100 educational kits to selected students and distributing giveaways, such as fans, mini notebooks, and ball pens to attendees. These contributions reflect EWRB’s ongoing efforts to promote learning and community involvement. EWRB also took the opportunity to showcase its Komo mobile app, which offers user-friendly and secure banking features tailored to modern lifestyles.

Asec Dexter A. Galban of DepEd praised the solid support of partners like EastWest Rural Bank in his keynote address, emphasizing the impact of collaborations in creating opportunities for Filipino learners. "Collaborations like these with EastWest Rural Bank are vital in creating opportunities that inspire and empower our Filipino learners," Galban pointed out.

DepEd Region VIII Director Evelyn R. Fetalvero also acknowledged EWRB during her opening remarks, expressing gratitude for the bank's consistent participation in educational initiatives. "We deeply appreciate EastWest Rural Bank’s support for our educational initiatives and support to the welfare of our youth," said Fetalvero.

The event concluded with a pledge of commitment and unity dance, symbolizing the collective effort to ensure a brighter future for Filipino children.

In celebration of EastWest Bank’s 30th Anniversary, this initiative reflects EWRB’s ongoing dedication to corporate social responsibility, championing education, and uplifting the communities it serves, exemplifying the bank’s promise of going “Further for You.”

For more information about EastWest Rural Bank’s initiatives and services, please visit www.eastwestruralbank.com.ph.

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Get More for Less with Pertua SF-10 and SKY-100: Affordable Fully Synthetic Oils with 2x the Mileage

Wednesday, January 8, 2025

Pertua

Looking for high-quality engine oil without breaking the bank? Pertua, a trusted name in innovative lubrication, introduces SF-10 for gasoline engines and SKY-100 for diesel engines — two of the most affordable fully synthetic engine oils available in the Philippines. What’s more, these oils offer 2x more mileage than other fully synthetic oils, ensuring excellent value and performance.

Enduring Power, Protection, and Savings

● SF-10 is formulated to provide exceptional lubrication for gasoline engines, keeping cars, SUVs, MPVs and Crossovers running smoothly under various conditions.

● SKY-100 is a fully synthetic diesel engine oil suitable for a wide range of diesel-powered vehicles such as SUVs, MPVs, and Light Trucks.

Powered by DuraSyn Technology

Both oils are powered by Pertua’s proprietary DuraSyn Technology, which minimizes engine friction, reduces operating temperatures, and extends oil drain intervals. With these products, drivers can expect prolonged engine life, fewer oil changes, and fuel savings.

Exceptional Value in the Market

Pertua SF-10 and SKY-100 are among the most cost-effective options for fully synthetic oils, delivering 2x the mileage of competing products. Whether you're an everyday driver or a performance enthusiast, Pertua provides an excellent balance of protection and value for your money.

Make the Switch Today

Why settle for less? Upgrade to Pertua’s SF-10 and SKY-100 and experience enhanced performance and savings.

SA PERTUA, MAY ILALAKAS PA!

For more information, visit pertua.com.
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Emirates to retrofit an additional 71 A380s and B777s, extending airline’s nose-to-tail cabin refreshes to 191 aircraft

Tuesday, May 21, 2024

Move ensures product consistency across fleet and more refreshed aircraft in active service well into the mid-2030s

Emirates has unveiled that it will be completely refurbishing another 43 A380s and 28 Boeing 777 aircraft, expanding its retrofit program to 191 aircraft.

The original plan called for 120 aircraft - 67 A380s and 53 777s to undergo full refurbishment. The Boeing 777 remains the backbone of the Emirates fleet, and the A380 is the airline’s flagship customer favorite, and the expansion of the refurbishment program ensures Emirates continues to provide customers with an unparalleled travel experience. 

“We’re topping up our multi-billion-dollar investment in the retrofit program to introduce cutting-edge cabin products on more of our A380s and Boeing 777s, demonstrating a clear commitment to elevating the customer experience with a best-in-class suite of products across every cabin. The addition of more aircraft fitted with our newest generation seats, updated cabin finishings and a contemporary color palette also marks a significant step in ensuring more customers can consistently experience our premium products across both aircraft types,” said Sir Tim Clark, President, Emirates Airline.

Emirates has retrofitted 22 A380 aircraft so far, and in July of this year, the first Boeing 777 will undergo an interior refresh. Each Boeing 777 aircraft will take approximately two weeks to refurbish before entering service. Plans include the refurbishment of the First-Class cabin, all new Business Class seats making a debut on the aircraft in an updated 1-2-1 seating configuration, in addition to 24 of the latest Premium Economy seats, giving customers more premium options to choose from.

Along with the addition of the Premium Economy cabin, the Emirates Boeing 777 will be configured with 332 seats in four classes, featuring eight First Class suites, 40 Business Class seats, and 260 Economy Class seats. To make room for the new Premium Economy cabin, 50 Economy seats will be removed.

Refurbishment work for the Emirates fleet is completely being managed and executed in-house at the airline’s Engineering Centre, with over 250 project personnel currently working round the clock, supported by 31 major partners and suppliers who have set up workshops both in the facility and offsite to deliver the refreshed cabins.

Once the last aircraft rolls out of the retrofit program and the project is fully complete, the airline will have installed 8,104 next-generation Premium Economy seats, 1,894 refreshed First Class suites, 11,182 upgraded Business Class seats and 21,814 Economy Class seats. 

Emirates currently operates its refurbished A380 aircraft fitted with Premium Economy to New York JFK, Los Angeles, San Francisco, Houston, London Heathrow, Sydney, Auckland, Christchurch, Melbourne, Singapore, Mumbai, Bangalore, Sao Paulo, and Dubai. The airline will be boosting services with the new cabin to Osaka in early June.

The airline will be serving 42 cities with Premium Economy by February 2025 with the A350 entering its fleet in September of this year, in addition to the newly refurbished Boeing 777s also slated to begin serving more cities with the highly sought after cabin later this summer.
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Streamlining Logistics with ML Moves: A Game-Changer in Convenience

Thursday, May 2, 2024



In doing business, efficiency and convenience are paramount, especially when it comes to logistics. Recognizing this, M Lhuillier introduces ML Moves, a comprehensive service designed to simplify shipping and handling processes for both individuals and businesses. Here are the various facets of ML Moves and how it revolutionizes the way we send and receive packages:

Walk-in Transactions

With ML Moves, sending packages has never been easier. Customers can simply drop off their items at any M Lhuillier branch offering the service. Upon arrival, the staff assists in the inspection, facilitates the necessary paperwork, and collects the corresponding fee. Whether it's a local delivery or an international shipment, ML Moves ensures a seamless process, leveraging partnerships with trusted local courier services and DHL Express for global destinations.

E-Commerce Solutions

ML Moves isn't just about sending packages; it also enhances the e-commerce experience, particularly for online shopping platforms like Lazada and Shopee.

Returns: Gone are the days of fretting over return shipping fees. Approved return or refund requests can be conveniently processed by dropping off the item at any M Lhuillier branch. The package is then swiftly returned to the seller, sparing customers from additional expenses.

Branch Pick-Up: Tired of waiting for deliveries at home? Opt for branch pick-up and collect your packages at your convenience from the nearest M Lhuillier branch. No more missed deliveries or lengthy waits. Plus, Shopee customers in Metro Manila have the added perk of paying cash on delivery (COD) at a specific pick-up branch, giving them ample time to prepare for payment.

Sellers' Drop-Off: M Lhuillier extends its convenience to sellers as well. Selected Lazada and Shopee sellers can utilize designated M Lhuillier branches as drop-off points for their parcels. Couriers from these platforms then periodically collect the parcels for onward delivery, streamlining the entire process for sellers.

ML Moves represents a paradigm shift in logistics, combining speed, efficiency, and convenience into a single, innovative solution. Whether you're an individual sending a package to a loved one or a business fulfilling orders for your customers, ML Moves simplifies the entire process. It also underscores M Lhuillier's commitment to being the bridge between families, businesses, and their logistical needs, reaffirming its position as the "Tulay ng PaMLyang Pilipino" (Bridge of the Filipino Family). Embrace the future of logistics with ML Moves and experience a new level of convenience like never before.



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Revolutionizing Financial Inclusion: M Lhuillier and GCash Join Forces in Groundbreaking Partnership

Friday, December 8, 2023


In a significant leap towards financial inclusion and technological innovation, two industry giants, M Lhuillier and GCash, have forged a groundbreaking partnership. This collaboration not only signals a new era in the financial landscape of the Philippines but also promises to empower millions by providing convenient, secure, and accessible financial services.

M Lhuillier, a renowned financial service provider with a rich history has been a trusted name in the Philippines. With a vast network of branches across the archipelago, M Lhuillier has been instrumental in providing services such as pawnshop, remittance, and other financial services. On the other hand, GCash has emerged as a leading mobile wallet in the Philippines. Its user-friendly interface and extensive array of services, including bills payment, fund transfers, and online shopping, have made it a staple in the lives of many Filipinos seeking seamless digital financial solutions.

The partnership between M Lhuillier and GCash brings forth a synergy that leverages the strengths of both entities. M Lhuillier's extensive physical presence complements GCash's digital prowess, creating a comprehensive financial ecosystem that caters to diverse consumer needs.

In a move set to redefine the convenience and accessibility of the country’s digital financial landscape, GCash users can now enjoy the ease of cashing in and cashing out at any of the over 3,000 M Lhuillier branches across the country.

The Cash In service fee is completely waived for the initial P8,000 cash in within a month. This means users can enjoy a fee-free transaction when making their first cash in. However, for amounts exceeding the P8,000 limit, a nominal 2% charge will be automatically deducted from the user's transaction. This transparent fee structure ensures that users are well-informed about any applicable charges beyond the specified limit, maintaining financial transparency and user trust.

For those needing to draw funds from their GCash accounts, M Lhuillier branches now offer a convenient Cash Out service. With a vast network of locations, finding a nearby M Lhuillier branch is easier than ever. While making a Cash Out transaction, users should take note of a reasonable 2% service fee automatically deducted from their account. This fee ensures a reliable and secure cash withdrawal process, providing users with peace of mind and the assurance that their financial transactions are handled with the utmost security.

The M Lhuillier and GCash partnership is a significant milestone in the financial landscape of the Philippines. By combining the strengths of a trusted traditional financial service provider with a dynamic and innovative digital platform, this collaboration sets the stage for a future where financial services are not only accessible but also tailored to the evolving needs of the Filipino population especially the unbanked and underserved. As the partnership unfolds, it holds the promise of transforming the way individuals perceive and engage with financial services, ultimately contributing to a more inclusive and digitally empowered society.
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DOST-STII, Converge, and Pacific Kabelnet Group Join Forces to Amplify DOST Streaming Experience

Wednesday, September 20, 2023

In an unparalleled collaboration, the Science and Technology Information Institute (DOST-STII), Converge ICT Solutions, Inc. (Converge), and Pacific Kabelnet (PKN) Group announce a strategic collaboration to make DOSTv programs widely accessible separately via Converge's forthcoming free streaming service and through PKN Group's notable services, Vision and Fiber TV, in Metro Manila and across other regions in the country.

DOST Secretary Renato U. Solidum Jr. articulated his confidence in the partnership as one of the department’s milestones in taking the extra mile in promoting science, technology, and innovation in the country. “To Converge and PKN Group, thank you very much for helping us spread the good news, for collaborating with us under one mission and one goal of building a culture of science, technology, and innovation - a vision that is deeply rooted in our shared commitment to push for socio-economic development for the benefit of our people and for our country.”

For his part, Director Richard P. Burgos of the DOST-STII expressed his excitement in the newfound partnership with Converge and PKN, always believing that science communication will benefit more from the use of digital technology where the Filipinos will reap the benefits.

"We hope that every day it’s the Filipino people who will benefit, as they learn more from science and technology,” Director Burgos said. "With Converge and the PKN Group, we are poised to further our commitment to bring science closer to the people." 

DOST-STII will be launching four of its programs targeted towards a wide range of viewing demographics to create a culture of science within the Philippine population. The department aims to educate and raise awareness about science and technology (S&T) through its Video on Demand (VOD) streaming cooperation with Converge and the services of the PKN Group.

To be part of the offering to the viewing public are the flagship programs of the DOST-STII that make science stories more popular and relatable. One program is “Siyensikat: Pinoy Popular Science Para sa Lahat” which is a 30-minute science telemagazine show that highlights the fulfillment of aspirations and gratitude from ordinary people seeking science and technology solutions.

Seeking to expand its audience and encourage viewers to see S&T as an aspirational career, the “ExperTalk” show is another 30-minute science program that features interviews and engagement with Filipino scientists and science and technology experts that chronicle their personal experiences as scientists and their contributions to the field of S&T that offer solution to everyday problems of the people.

To further show the benefits of science and technology in the lives of the Filipino people, a mini-documentary show called “Sinesiyensya” will feature real-life stories of Filipinos whose dreams and perseverance paid off with the help of science, technology, and innovation. Likewise, to capture the interest and entertain the young and young-at-heart audiences, “Animagham” will feature short, animated clips intended to make science attractive, educational, informative, and entertaining.

Converge CEO and Co-Founder, Dennis Anthony H. Uy, said, "Technology has the power to reshape societies. We are glad that we can be used as an avenue for learning and development, especially of younger viewers. As I’ve always said, there is no lack of talent among Filipinos. We’re very gifted in Science and Technology, but we just need the proper ecosystem to develop science-minded individuals. Programs such as DOSTv are one concrete way of creating this ecosystem.”

Converge has been making a major play in promoting digital democracy in the Philippines through streaming and VOD. Last month, the ICT company announced its collaboration with TapDMV by launching BlastTV, a complimentary streaming value-added service for its subscribers under the first in the market “Watch Now, Pay Zero” initiative.

Atty. Frank Abalos, CEO of the PKN Group, added, "This collaboration enriches the offerings for our subscribers, especially in Luzon. With DOSTv's addition, our audience will enjoy an even broader spectrum of on-demand content."

DOST-STII, Converge, and PKN sealed their tripartite agreement at a signing event at Converge's head office in Pasig City. Present at the event are DOST Secretary Dr. Renato U. Solidum Jr., DOST Undersecretary for Scientific and Technical Services Ms. Maridon O. Sahagun, DOST-STII Director Richard P. Burgos, Converge CEO and Co-Founder Dennis Anthony Uy, and PKN CEO Atty. Frank Abalos.

Serving as witnesses to the agreements are Converge Integrated Marketing Senior Manager Vianca Carla Remorozo, Converge Marketing Services Manager Ricardo De Jesus, PKN General Manager Jonathan Ruby, PKN Marketing Manager Adriane Faye San Jose, DOST-STII OIC-CRPD Rodolfo P. De Guzman, and DOST-STII FAD Chief Arlene Centeno.
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UnionBank drives growth for Filipino entrepreneurs at BSL Business Week 2023

Thursday, August 3, 2023

BSL Business Week 2023


Union Bank of the Philippines (UnionBank) continues its unwavering commitment to supporting micro, small, and medium enterprises (MSMEs) in the Philippines through its digital platform, UnionBank GlobalLinker. Recently, the bank demonstrated its dedication by sponsoring this year's Barangay San Lorenzo (BSL) Business Week, held from June 21 to 23, 2023, at the Glorietta Activity Center in Makati City.

Spearheaded by the City Of Makati, BSL Business Week is an annual gathering of stakeholders in the country's MSME sector that aims to provide support and opportunities to enterprising Filipinos and help drive growth for their businesses. The annual event brings together business experts from the private and public sectors to enable and empower the attending entrepreneurs.

This year’s BSL activities included: a three-day bazaar showcasing products from long-time and starting MSMEs, one-on-one coaching and mentorship sessions conducted by entrepreneurship experts, and entrepreneurial learning sessions. UnionBank and UnionBank GlobalLinker subject matter experts were featured prominently in some of the sessions. UnionBank SME Market Insights Head Jennifer Rayala and UnionBank Senior Product Manager and Squad Lead for Digital Supply Chain Finance Ron Arceo led finance supply chain discussions. While another session focused on MMSE business digitization that led to business network expansion courtesy of UnionBank’s Global linker platform as guided by UnionBank GlobalLinker Community Lead Gerome Melo.

Featured at the UnionBank booth were its different products and services meant to assist entrepreneurs in managing and growing their businesses. UnionBank’s support of the BSL Business Week was aligned with its TECH UP Pilipinas nation-building advocacy aimed at accelerating financial inclusion by future-proofing society though digital innovations. 

To learn more about UnionBank's solutions for MSMEs, visit www.unionbankph.com/msme/products.








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UnionBank’s Selyado 5.0 Focuses on Privacy-Enabled Secure Systems

Monday, July 17, 2023


Union Bank of the Philippines (UnionBank) recently held the fifth iteration of its annual Selyado series, which focused on data privacy and security. Led by data privacy and cyber security experts from the public and private sectors, the event entitled “Selyado 5.0: Fostering A Privacy-Enabled Secure System,” aimed to raise awareness and promote privacy-enabled secure ecosystems for Filipinos, through four different activities held from May 17 to June 7, 2023.

“This year’s Selyado is all about empowering ordinary Filipinos with knowledge that will help them safeguard their data and privacy, which is invaluable in a world where threat actors are becoming more innovative in their methods of causing harm in the digital space,” said UnionBank Data Privacy Office Head and Deputy Data Protection Officer Atty. Jesse Pauline Solis, who presided over the event. 

Kicking off the event on May 17 was “Selyado on Wheels: School Edition,” a symposium designed for Grade 10 students held in partnership with Pasig City Science High School. It featured Privacy Compliance Officer Atty. Danniel Amorin, who provided practical strategies for safeguarding personal information; and DevSecOps engineer Johann Paolo Abog, who discussed cybersecurity fundamentals, including identifying phishing and scams and securing accounts and sensitive data. UnionBank’s Chief Information Security Officer Joey Rufo delivered the closing remarks, emphasizing that the youth who are safe and secure online are the hope of the nation.

On May 24, UnionBank led an online roundtable discussion where Rufo, together with the Data Protection Officers of the Aboitiz Group (Christine Kempeneers of Aboitiz Equity Ventures, Ed Monares of Pilmico Food Group, Atty. Ernie Villarin of Visayan Electric Co., Inc., and Atty. Mischele Sta. Ana of Aboitiz Land) talked about data privacy and the importance of data subject rights.

On May 26, the Bank held a “Selyado on Wheels” symposium for the students of the Banilad Center for Professional Development in Cebu City with the theme "Fostering a Privacy-Enabled Secure Ecosystem." The event played a crucial role in cultivating a privacy-conscious and cyber-resilient community, particularly among the youth.

Selyado 5.0 culminated on June 7 with a series of discussions led by experts, who delivered insightful talks that addressed critical aspects of data privacy and security. National Privacy Commission (NPC) Deputy Commissioner Atty. Leandro Angelo Aguirre, emphasized the significance of safeguarding personal data, particularly for the younger generation. He cited potential risks posed by online quizzes and surveys designed to extract sensitive information, and underscored the role of parents as the “frontline defenders” and encouraged them to: be vigilant, read terms and conditions, and monitor their children’s online activities. 

Atty. John Fajardo of Fajardo Law Offices, introduced “PrivaSEA”, a new perspective on privacy. “Privacy is like the open sea. The implications are vast, and you can easily drown in it. That’s why you need to learn how to navigate through it effectively,” shared Fajardo. Fajardo also presented information about data subject rights, discussing familiar topics such as website cookies and the importance of maintaining control over personal data. He then emphasized the need for responsible online behavior and urged attendees to approach terms and conditions with a sense of responsibility, to empower them to make informed choices. 

Mircosoft’s Senior Security Specialist Abigail Roces shared valuable insights on the current state of internet users and highlighted the various online threats targeting children. She cited the importance of vigilance and the need for proactive measures to protect children and their personal data, and provided practical tips and best practices to enhance data privacy and security for families, including teaching children to be cautious when encountering suspicious emails, links, or files from unknown sources. “We need to be vigilant. There’s no room for complacency in today’s world. Criminals know that children are easy prey,” Roces said. “The internet offers several opportunities, but it also poses several risks that we guardians and parents must address. We have to take the necessary steps to protect our children and their personal data.”

SELYADO 5.0 successfully showcased the commitment of industry professionals from the NPC, Microsoft, and UnionBank in fostering a privacy-enabled secure ecosystem, which is in line with the Bank’s “Tech-Up Pilipinas” advocacy that aims to promote digital literacy among Filipinos.
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UnionBank named Best Private Bank and Best Private Bank for Succession Planning

Thursday, July 13, 2023

 

At The Digital Banker's Global Private Banking Innovation Awards 2023, UnionBank continues to reinforce its position as a highly trusted wealth management organization. UnionBank’s Private Banking Group was bestowed the “Best Private Bank, Philippines” and “Best Private Bank for Succession Planning” at the awards gala dinner held at Raffles Singapore last June.

The Global Private Banking Innovation Awards, organized by Global Private Banker and The Digital Banker, identifies, honors, and celebrates the world’s preeminent Private Banks, Family Offices and Wealth Managers that demonstrate elite levels of advisory, unbiased research, bespoke solutions, and their distinguished individuals’ contributions to the industry. Winners are organizations and industry leaders identified as trailblazers in pushing boundaries and pioneering innovation in the private wealth landscape.

"We share these awards with our clients, our sincerest gratitude for your continued trust and support, and of course, I would like to extend my deepest appreciation to my talented and hardworking team,” said UnionBank’s Private Banking Group Head, Senior Vice President Atty. Arlene Joan T. Agustin, upon accepting the awards, “this recognition is a testament of UnionBank Private Banking's unwavering commitment to our clients and a reminder to keep striving for even greater success for Union Bank of the Philippines.”

The Bank 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. As UnionBank Private Banking Group establishes itself as the go-to local Private Bank for wealth management, family services advisory, and succession planning, it has amassed an impressive collection of honors and accolades since 2020 from local and regional banking-award giving bodies. The Digital Banker awards are their latest following recognition as “Best for Wealth Transfer/ Succession Planning Philippines” and “Best for Philanthropic Services Philippines” from Asiamoney earlier in 2023.

UnionBank Private Banking seeks to unlock possibilities for its clients by giving them the edge and the power to navigate their wealth towards financial legacy. On its journey to become a Great Retail Bank, UnionBank is determined to be an enabler of the Philippines’ bid to be a G20 country by 2050.
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What you need to know about opening a business in PH?

Thursday, June 22, 2023

In the Philippines, micro, small, and medium enterprises (MSMEs) comprise 99.58% of all businesses in the country, employ 64.67% of the entire workforce, and are the economy's driving force. These businesses, which include small community stores or sari-sari stores, water refilling stations, laundry stations, and many others, contribute to the country's GDP and provide essential services to the local communities.




Such is the outsized importance of MSMEs that the United Nations (UN) designated every June 27 as International MSME Day to raise awareness on their immense contributions to the UN Sustainable Development Goals (SDGs). These enterprises play a pivotal role in driving local and national economies while also supporting the livelihoods of the working poor, women, youth, and vulnerable groups.


It’s no surprise that many Filipinos want to open their own small businesses. A recent survey by Philippine research firm OCTA Research showed that 81% of adult Filipinos want to be entrepreneurs. This desire to start their own businesses reflects the recognition of the opportunities and potential that MSMEs offer in terms of economic growth and empowering individuals and communities.


If you’re one of the Filipinos who want to try their hand at starting their own businesses, here are some tips that can help you get started.


Starting an MSME in the Philippines


The first step of every aspiring entrepreneur is deciding what kind of business to open and where to open it if you plan on having a physical storefront. It’s essential to conduct thorough research whether there’s a market for your product or service, enough foot traffic, and if the location is appropriate for it.


Aspiring entrepreneurs can also explore a hybrid phygital (a physical and digital portmanteau) setup, offering online payments or e-commerce options to widen reach and market.


Second, once you’ve decided on the business and where to open it, get your necessary documentation and permits. In the Philippines, businesses must register with the Department of Trade and Industry (DTI), if they’re a sole proprietorship, or with the Securities and Exchange Commission (SEC) if it’s a partnership or a corporation.


Businesses also need to get a Mayor's permit or municipal license from the city or municipality where the establishment is located. They must also register with the Bureau of Internal Revenue (BIR) to ensure proper taxation. Suppose they plan on employing other people to help run the business. In that case, registrations with other government agencies such as the Department of Labor and Employment (DOLE) and Social Security System (SSS) are also required.





This may seem like a lot of steps. Still, these registrations and permits ensure that you’re able and willing to run your business properly and legally by following applicable laws and regulations. For a full list of registration and permit requirements, DTI has compiled a list here.


Beyond securing the location and required permits, an important step in running a business is to protect your business from any unwanted incidents including injuries, burglaries, and accidents. Consider getting small business insurance like NegosyoCare. Created by regional insurtech Igloo in partnership with Malayan Insurance and GCash, NegosyoCare is an insurance product specifically designed to protect MSMEs.


“MSMEs are the backbone of the economy, but they often run on tight budgets and have limited access to financing. This puts them at risk when unexpected events knock and disrupt their operations. That's why having small business insurance, like NegosyoCare, is so important. It offers affordable and accessible coverage, giving these businesses the protection they need without breaking the bank,” said Mario Berta, Igloo Philippines Country Manager.


Available via GCash’s GInsure marketplace, NegosyoCare premiums begin at P160 for one-month coverage and up to P525 for one-year coverage. It provides coverage for accidental deaths, total permanent disability due to accident, and disablement or dismemberment due to accident for up to P50,000. Benefits also include medical reimbursement for accidents for up to P5,000, fire cash assistance for P10,000, and coverage for burglary and housebreaking for P10,000.


These tips only scratch the surface of what it takes to run a business in the Philippines. Still, by taking these steps, aspiring entrepreneurs can set themselves up for success and remember: protect your small business with NegosyoCare, available at the GCash GInsure Marketplace.


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UnionBank and PDAX: Future Proofing Financial Service Providers

Sunday, June 4, 2023


Union Bank of the Philippines (UnionBank) and the Philippine Digital Asset Exchange (PDAX), Inc. have recently signed a memorandum of agreement (MOU) to forge a partnership that will provide relevant solutions aimed at offering cutting-edge solutions for fintechs, tech companies, digital services companies, MSMEs, and corporate clients of UnionBank through Crypto-as-a-Service.

UnionBank and PDAX held The MOU signing ceremony last took place on April 26 at the UnionBank Plaza in Pasig City. The event was attended led by with PDAX CEO and Founder Nichel Gaba; PDAX Chief Business Development Officer Kenneth Chua; Assistant Vice President - Sales of UnionBank Fintech Business Group (FBG) Andrew Garcia; and Senior Vice President - Corporate Banking Group of UnionBank Angelica Balangue.

"I wish to thank PDAX for embarking on this journey with UnionBank as we ideate, co-create, and 'tech-up' the organizations which aim to include crypto services in their key offerings, primarily those in the payments segment," said Garcia. "May this partnership bring forth a more open and digitalized future for our business clients, our communities, and our country."

"Though we are signing this agreement today, we do feel at PDAX that our partnership has been in place from the very beginning, not only from a commercial standpoint with you as our banking partner, but also in the fact that we have very aligned values. We value responsible innovation, we value making services more accessible to Filipinos and we believe that the future of banking is digital," said Gaba.

"The path to digitalization is very rarely a straight line, and so we always need partners like UnionBank who have taken up the mantle of industry leadership in order to put our industry firmly committed in that path. So, we signed this [agreement] today to join you to make digital services more accessible," Gaba added.

"This program brings together the fintech, tech, and digital service companies and their unique value-added services for the benefit of our UnionBank clients. Services such as Crypto-as-a-Service by PDAX together with the other solutions of our fintech partners clearly augment the standard product offerings of the Bank," said Balangue.

The partnership with PDAX reinforces UnionBank’s “Tech-Up Pilipinas” advocacy by making financial service provider clients future-ready.

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UnionBank recognized for IP Awareness and Protection

Tuesday, May 30, 2023


At the culminating activity of the National Intellectual Property Month (NIPM), banking trailblazer UnionBank of the Philippines (UnionBank) was recently recognized by the Intellectual Property Office of the Philippines (IPOPHL) for its support for intellectual property (IP) awareness and protection.

The 2023 Gawad Yamang Isip Awards and Fashion Night, themed “Women and IP: Accelerating Innovation and Creativity”, was held at The Manila Hotel last April 26, 2023. It highlighted the IP protection of Filipino textiles and fabrics through a fashion showcase. UnionBank was presented with a plaque of recognition for its partnership with (IPOPHL) in championing the protection of digital innovation technology intellectual properties. UnionBank’s Senior Vice President and Head of Blockchain and API Business Group, Metaverse Center of Excellence and Government Projects, Catherine Anne Bautista-Casas, accepted the citation for the Bank. 

“One thing we always talk about at the UnionBank Innovation Camp is that, for us, IP patents aren’t just legalities or papers on the wall…it represents the creative ideas of our employees and the values that we have established as a bank when we decided not just to digitize, but innovate,” said Casas. “When we innovate, we don’t just create something for our customers. We promote the development of our society, give opportunities to people to create new things, and inspire other companies to do the same.”

“As a digital innovator, IP protection is important to us, naturally because of the numerous patents we file for our solutions and products. But more than that, IP protection safeguards the ideas of employees, who work hard to develop solutions that greatly benefit our customers,” Casas shared. “Whether it be in technology, science, engineering, or the arts…IP protection gives creators the credit they deserve for their societal contributions.”

The 2023 Gawad Yamang Isip Awards and Fashion Night, attended by other distinguished guests including Sen. Maria Imelda Josefa Remedios "Imee" Romualdez Marcos and Department of Trade and Industry Secretary Alfredo E. Pascual, was meant to underscore the importance of IP protection in the creative industry and emphasize the significance of IP in relation to the country’s social, cultural, economic, and technological development. 

UnionBank is known for its digital banking innovations as it was the first to introduce numerous industry solutions like selfie banking, an open-source application programming interface platform, and the country's first-ever fully digital and paperless banking branch, The Ark. UnionBank has consistently been introducing innovative solutions that continue to redefine the way Filipinos look at banking. With the bank’s expertise in a wide range of emerging technologies, including data science, artificial intelligence and machine learning, blockchain, cloud computing, and extended reality, UnionBank is on the way to building a digital banking dynasty as it has collected numerous awards including a 6-time Best Digital Bank recognition from The Asset among others.
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Asialink taps UBX for digitalization of finance business

Friday, April 14, 2023

UBX, the leading open finance platform in the Philippines, has been named the official technology partner of Asialink Finance Corp., one of the leading non-bank financial institutions in the Philippines that provides secured business loans, and personal financing and refinancing products nationwide, as it expands and improves its suite of financial services for the benefit of millions of Filipinos. 

Under the agreement, UBX will support Asialink in digitally transforming its lending processes via UBX SeekCap and its payment collections, enabling it to expand the reach and operational efficiency of its already lucrative lending business.

“UBX and Asialink share the same goal of driving financial inclusion not only for individuals but also for growing businesses. Through this partnership, we will co-create various digital financial solutions that are sustainable and inclusive, promoting economic growth and recovery in the long run,” UBX Business lead for Lending Magelllan Fetalino said. 

Micro, small, and medium enterprises (MSMEs) make up around 99.51 percent of all businesses in the Philippines. Traditionally, these businesses have no access to financing to grow due to the stringent requirements imposed by banking institutions. The partners aim to further democratize access to this financial tool to empower small businesses to accelerate their growth and contribute even more to the economy.

The UBX and Asialink partnership will simplify the processing of business loans through a digital platform, cutting down the costs and lead approval time for loans. At present, most banks provide a minimum approval time of 30 days, with high-interest rates and burdensome requirements which are designed to discourage lenders from availing loans.

“Asialink’s vision is to be at the forefront of the financing industry, by providing inclusive financial access to MSMEs and their Communities, in the Philippines and Asia, a goal that we share with UBX. By providing accessible, fast, and convenient loans which will be powered with UBX’s technologies, we are several steps closer towards achieving our goals as strong government partners for economic growth, while making a positive impact on the lives of Filipinos both in the country and abroad,” said Eillen B. Mangubat, President and COO of Asialink Finance Corporation

In 2022, UBX doubled down on collaborations with various players in different industries such as the metaverse, insurance, the women’s sector, and even government institutions to advance its goal of including everyone. 

“Our strategy is to join hands with like-minded organizations to advance our goal of inclusive finance. As the country’s leading open finance platform, we are always on the lookout to partner with companies–and recently, even government institutions–which aim to shape the future of finance and sustainability,” UBX President and CEO John Januszczak.
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E-Commerce Made Easy: LBC Business Solutions and Gencys Digital Trading Team Up to Revolutionize E-commerce and Help Filipinos Succeed

Saturday, April 8, 2023

LBC Business Solutions
LBC Business Solutions partners with Gencys Digital Trading. In the image are (left to right)  Recolle Delos Reyes: Account Manager, Business Solutions; Jerome S. Santos: Senior Vice President, Business Solutions; Nadine Ann Luceña: President; Hernani Razon: CEO; Charlie Gos: CMO 

As the internet and mobile selling platforms continue to expand, e-commerce has become increasingly popular. By transitioning to this platform, traditional businesses can reach a wider audience, reduce overhead costs, and offer customers the convenience of shopping anytime, anywhere. LBC continues to support the growth of the e-commerce industry and is committed to helping businesses succeed in this exciting and dynamic marketplace. 

LBC, the premier logistics company in the Philippines, has always been at the forefront of innovation in the industry. Recognizing the growing importance of e-commerce for businesses, LBC has been proactively diversifying its capabilities to address the unique needs of online retailers. With a dedicated Business Solutions arm, LBC has crafted a suite of e-commerce delivery solutions that cater to the global Filipino market.

To ensure the success of these solutions, LBC has partnered with Gencys Digital Trading, a company that shares LBC's passion for helping e-ComPreneurs build sustainable systems while maximizing their profitability. This partnership has leveraged the latest e-commerce platforms and services, providing customers with a seamless end-to-end delivery experience.

“By partnering with a dependable end-to-end logistics provider like LBC Business Solutions, we have e-commerce solutions on-call ready to be tailor-fitted to make doing business so much easier for the Filipino of today,” Jerome Santos, Sr. Vice President of LBC Business Solutions said. “From cross border, first mile up to last mile order fulfilment – we can work hand in hand to mix and match our services to give our customers exactly what they need to succeed.”

“As a specialist in this industry, we aspire to achieve the level LBC reached in making their name synonymous to logistics, in the sense that e-commerce would equate to Gencys. We plan to do this by continuously improving our systems, tapping Six Sigma to continually improve our processes, become efficient in helping fellow eComPreneurs build their business,” Hermani Razon, Gency’s Chief Executive Officer elaborated. 

“With LBC, all the tools in e-commerce, such as the chatbot, the payment method, ERP, virtual cards, and all that, in the end, it all boils down to matching the tool to what the enterprise needs. The e-commerce industry won’t be successful now if the courier is not organized. LBC is number one in the courier business; they have the system; they have the processes. They have already transitioned from traditional to full e-commerce,” said Nads Lucena, President of Gencys.

Santos revealed that LBC provides their partners with the strength of its network reach and ability to bring products even to areas that are difficult to access. “We have never failed on that commitment,” he said.

LBC continues to work in tandem with its many business partners in a diverse range of industries to ensure that their business needs are fulfilled—to move things faster and better—and contribute to the growth of the economy. 

To know more about LBC’s business solutions, visit: https://www.lbcexpress.com/business-solutions.
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UBX partners with PGA Sompo for cyber insurance

Wednesday, March 15, 2023


UBX, the leading Open Finance Platform in the Philippines, has tapped global top insurance company PGA Sompo Insurance Corp. (PGA Sompo) to beef up its customer protection mechanism through personal cyber insurance. 

UBX will serve as the principal policyholder for its end-users who are covered by the group insurance. Customers are guaranteed financial protection against electronic fund transfer fraud, identity theft, online retail fraud, purchase protection, and other cybersecurity-related threats. 

This serves as an additional safety measure on top of the existing safety and security layers that UBX has deployed for its customers.

“While the use of technology in finance has grown exponentially these past few years, threats to security have increased as well. The trust and confidence of our clients are two of our most prized assets and we are committed to ensuring the safety of our users, most especially their financial security. Together with PGA Sompo, we can confidently give them peace of mind in using our open finance platform,” UBX President and CEO John Januszczak said.

This cyber insurance covers all end users of UBX platforms such as i2i, the banking-as-a-service platform of UBX; BUx, an end-to-end payment solutions platform; and Sentro, an online shop builder. 

Among the top barriers that hinder users and merchants alike from digital adoption is security. For Philippine digital users, failed deliveries, incomplete deliveries, damaged products, and fraudulent transactions are usual experiences when transacting online. On the other hand, financial institutions usually go through down times as well when unexpected glitches occur which lead to paralysis of operations.

A big part of providing services requires an understanding of customer perspective and in the age of information, data is an important currency. Since it approaches customer experience from an empathic perspective, UBX makes it a point to meet present demands by prioritizing data security, which is the primary concern of both corporations and individuals. 

“More than just giving them the technology to enhance their operations, we want to make sure that businesses, organizations, and financial institutions are protected from external threats as they undertake their journey towards digital transformation,” Marc Gorospe, Business Lead for Insurtech at UBX, explained. 

Gorospe added that it is high time to add to the layers of security across all UBX platforms as the number of its clients and customers continue to grow, cementing its position as the preferred open finance platform in the Philippines. 

The Bangko Sentral ng Pilipinas has recently mandated banks and financial institutions to strengthen their policies on customer confidentiality and security. Now more than ever, major players in finance are required to double their efforts in achieving this goal.

“As advocates of financial inclusion, we are always on the lookout for like-minded individuals and institutions who are just as committed to putting the trust and confidence of their clients and customers above anything else to guarantee an equal and level playing field for all,” said Januszczak.
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Allianz announces record-breaking €152.7 billion total revenues for 2022 in financial results report

Wednesday, March 1, 2023

Allianz Financial Results


Global insurance leader Allianz recently released its full-year financial results for 2022, announcing a record-breaking €152.7 billion (₱8.92 trillion) in total revenues. This marks a growth of 2.8%, coming from €148.5 billion (₱8.67 trillion) in 2021.

“Our performance is the product of thoughtful design, reliable execution, relentless simplification, and disciplined capital management,” said Oliver Bäte, CEO of Allianz SE. “In an unpredictable world with growing risks and societal imbalances, we are proudly demonstrating our ability to leverage the benefits of Allianz’s scale for our customers, our employees, and our shareholders.”

The insurance giant further noted a total growth of 5.7% in operating profit, from €13.4 billion (₱782.5 billion) in 2021 to €14.2 billion (₱829.2 billion) in 2022, driven by excellent performance in Property and Casualty and Life and Health. Allianz made a strong €6.2 billion (₱362.1 billion) and €5.3 billion (₱309.5 billion) in operating profits for both business segments respectively.

“The numbers are outcomes of what we do with our clients, and last year was the year when we had the highest number of customer satisfaction ever,” Bäte added. “People are looking for institutions they can trust, and Allianz is booming. With our record results, Allianz has consolidated its position as one of the world’s largest, most resilient, and trusted global financial institutions.”

Allianz similarly saw a remarkable 17% increase in total operating profit in Asia, amounting to €674 million (₱39.4 billion). Life and Health operating profit soared 20% higher to €532 million (₱31.1 billion), while Property and Casualty rose by 8%, or €141 million (₱8.2 billion).

“Asia as a region has always been synonymous with boundless promise, potential, and opportunity,” said Anusha Thavarajah, Regional CEO of Allianz Asia Pacific. “Our strategy to focus on distribution and customers through delivering the best in digital, products, and services has resulted in a strong and resilient performance amid difficult market conditions.”

Allianz Asia Pacific’s achievements were underpinned by its strategy to focus on strengthening its distribution capabilities and leveraging the strength of the Allianz brand to build unrivaled propositions. The integration of sustainability enhances the value proposition for its customers and ensures that it consistently meets their needs in the evolving landscape of the insurance business.

“These results would not have been possible without the dedication, talent, and commitment of our employees,” said Thavarajah. “As we look to the year ahead, we will continue to place our focus on our customers and our people to strengthen our presence as a leading player in all our markets across Asia.”

The Allianz brand also continues to see strength in growth and market presence in the Philippines. Allianz PNB Life was ranked 3rd in terms of Gross Written Premium, or the total premium income earned, and New Business Annualized Premium Equivalent (NBAPE), or new sales attained within a specific period, in the Philippine Insurance Commission’s Quarter 3 performance report for 2022. As of December 2022, Allianz PNB Life achieved an 18% increase in NBAPE, or ₱3.7 billion.

“Our successes are the result of a joint effort of the people at Allianz,” said Allianz PNB Life President and CEO, Alexander Grenz. “Because of their hard work, resilience, and dedication to excellence, Allianz PNB Life is able to stay true to its purpose of securing the future of Filipinos, as well as bring sustainable solutions to our customers and giving them confidence to face tomorrow’s challenges.”

Since 2019, Allianz has been recognized as the number one insurance brand in the world. As a leading insurance provider, Allianz PNB Life’s products and services are designed to meet the lifetime financial planning, wealth accumulation, and well-being aspirations of Filipinos. For more information, please visit www.allianzpnblife.ph
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Boehringer Ingelheim Philippines is awarded Top Employer for the 5th year in a row

Tuesday, February 14, 2023

 

Boehringer Ingelheim (Philippines) Inc. is awarded Top Employer for the 5th year in a row.

Boehringer Ingelheim has been awarded for the third year in succession a “Global Top Employer” by the Top Employers Institute, one of the world’s 15 best employers. Regionally, it has been recognized as a Top Employer across ASEAN, Korea, Australia, and New Zealand (ASKAN). 

The certification highlights the company’s commitment to prioritizing mental health for employees, in addition to nurturing talents to instil a changemaker mindset. 

Boehringer Ingelheim’s employer offerings do particularly stand out in the dimensions of wellbeing, work environment, as well as rewards and recognition. The results reflect the company’s holistic employee healthcare and wellbeing approach that, beyond its emphasis on mental health, integrates concepts of physical, social, and financial health. Through dedicated programs and offers, its employees receive support that is relevant for them and their families. This includes a work environment of physical and emotional security, an inclusive way of working together creating a sense of belonging, mental health awareness initiatives and manager trainings, focus on work-life-balance, opportunities for volunteering, and competitive pay and benefits.

“We are honored to receive this recognition by the Top Employers Institute both globally and regionally. With over 2,800 employees from 24 different nationalities in our diverse region, this is a testament to our commitment to the well-being and growth of our employees. Boehringer Ingelheim is dedicated to creating a diverse and inclusive workplace through our established leadership development initiatives and extensive talent development programmes that bring out the best in our people. In these changing times, we remain dedicated to our people and ensure that they remain engaged, empowered and appreciated,” said Armin Wiesler, Regional Managing Director and Head of Animal Health, ASKAN, Boehringer Ingelheim.

In the Philippines, Boehringer Ingelheim has won the award for five consecutive years running and is recognized by the Institute for its exemplary focus on talent development and employee engagement, specifically during the height of the pandemic. These were evident in the quick adaptation and implementation of Boehringer Ingelheim’s Future of Work concept in providing a more flexible working environment, championing employee initiatives under the ASKANCares program, and driving sustainability through the company’s ‘Sustainable Development - For Generations’ framework. 

Nurturing talent and instilling a growth mindset is driven throughout the organisations’ key employee programmes with the aim to support broader skill sets development and create a fulfilling work environment. Some of these programmes include the Regional Talent Move programme which aims to build agility and resilience by allowing employees to take on a stretch assignment in a different country for up to six months to work on a project or business problem, and the B-effect project that is run in partnership with Ashoka, an international network focused on social entrepreneurship and teaches employees to create positive change and innovation by developing a change maker mindset using a six step process. 

“We constantly challenge ourselves to raise the bar of our people’s well-being and consistently invest in developing their skills and the value they can bring to the organisation and society. By doing so, our people are equipped with leadership and entrepreneurial skills to improve outcomes for patients and animals,” said David Serés, Human Resources Director, ASKAN, Boehringer Ingelheim.

Boehringer Ingelheim has stepped up its commitment towards sustainability within Asia Pacific by launching initiatives such as Making More Health that enable employees to reach their full potential and impact on health and societal challenges. While partnering with the Global Alliance for Rabies Control (GARC), many employees have participated in animal vaccination campaigns to help control and prevent the spread of rabies in the region, making an impact on animal health. In addition, employees’ general well-being and growth mindset are nurtured through a variety of learning and training experiences, regular team discussions, employee assistance and stress relief programs, family days and disease awareness talks.

Boehringer Ingelheim has been listed among the top employers in multiple countries and regions for the past nine years. This year, Boehringer Ingelheim will receive the award in 29 countries, as well as additional certifications in Europe, the Asia Pacific, and – ranked first – the Latin America regions.
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