Month: August 2019

  • PH & China, An Exchange of Art and Culture

    PH & China, An Exchange of Art and Culture

    Since 2002, Bank of China Manila has been working towards boosting bilateral cooperation in the economic, financial, and trade fields between China and the Philippines. From efforts like the SME Cross-Border Trade and Investment conference, where Filipino businesses were matched with Chinese investors, to the facilitation of two panda bond issuances, the bank has been steadfast in pursuing its mission of bridging the Philippine and Chinese markets.
     
    That mission goes beyond business, as Bank of China Manila extends its efforts to bridging people. “Our two countries have been friends for a long time. We share many similarities, but we also share many differences. Through this exchange of cultures, we hope to enhance the understanding between the peoples of Philippines and China,” said Mr. Deng Jun, Country Head of Bank of China Manila.

    In partnership with the Metropolitan Museum of Manila (MET), the Chinese Culture and Art Association, and China Daily Mail, Bank of China is launching an international arts and cultural exchange program between China and the Philippines. The project brings together five Filipino artists and five Chinese artists to participate in a brief residency in historically and culturally significant locations that will juxtapose similarities and nuances of people, place, and nature. It will culminate in two group exhibitions in both countries with corresponding public programs.

    Tina Colayco, President of the Metropolitan Museum of Manila and
    Mr. Deng Jun, Country Head of Bank of China Manila

    A shared advocacy

    In its aim to bridge cultures, Bank of China is endeavoring to unpack and highlight the similarities between the Philippines and China. For both countries, rapid growth has at times led observers to disregard the negative impact of economic activity on the environment. But environmental protection has now become a common goal for both nations to preserve their vast natural resources.

    It is this kinship with the living environment that inspired the theme for the cultural exchange. Dubbed “In Harmony with Nature”, the program seeks to present the issue of climate change and mankind’s stewardship of the natural environment, from an artist’s perspective.
     
    This kind of advocacy is something Bank of China is no stranger to. “We care deeply about the environment, and that extends to our business as well. We implement a strict Green Financing policy where we only finance projects that do not damage the environment,” said Mr. Deng.

    An exchange of art and culture

    For this project, ten renowned Filipino and Chinese artists have been chosen for the caliber of their work, the strength of their practice, and potential synergy with their counterparts. They are some of the most distinguished in their respective countries, and are able to convey complex non-art concepts through their artistic lenses.
     
    First, the participants will undergo a brief residency in Palawan before returning to Manila to exhibit their work at the MET. This initial leg will be punctuated with a collaborative/interactive painting that will be held during the exhibit’s opening day. After the art exhibition in the Philippines, a counterpart art exhibition will be held in China. It will then be the Filipino artists’ turn to visit China for a similar residency and collaborative painting activity.

    Deng Jun, Country Head of Bank of China Manila (first from left), Celeste Diokno, Managing  Director of Bank of China Manila (first from right),  and Tina Colayco, President of the Metropolitan Museum of Manila (second from right), flank Filipino artists (from L-R) Rico Lascano, Phyllis Zaballero, Norberto Carating, and Manuel Baldemor. Together with Jonahmar Salvosa (not in photo), they will be participating in an upcoming culture and art exchange program that seeks to generate awareness for environmental harmony.

    The participating artists from the Philippines are Manuel Baldemor, Rico Lascano, Phyllis Zaballero, Norberto Carating, and Jonahmar Salvosa. Their Chinese counterparts are Kuku Chai Bukuk, Cai Zhixin, Ding Jie, Hao Ping, and Liu She.

    By: Cathy Llanes

  • RCBC leads the way to open banking in the country

    RCBC leads the way to open banking in the country

    Imagine being able to secure loans with some of the lowest interest rates in the banking industry. Or conveniently transferring funds from one bank account to another, or perhaps, experiencing the best possible customer banking service around.

    To get all these and other “perks”, most financial institutions would require one to become their preferred client. But in today’s digital technology and in the global banking industry, getting access to all these benefits is simply a matter of banking customers securely sharing their data with other financial institutions. This is the beauty of open banking.

    Open banking enables financial services customers such as companies, entrepreneurs and ordinary depositors and borrowers, to have access to various products and services from competing banks and other financial institutions by allowing the latter to digitally and securely access their financial information. Customers can compare product offerings and avail of the best ones that suit their needs and fit their capabilities, thereby helping them earn more from bigger savings interest rates, avail of loans more easily, and pay more conveniently, towards managing and improving their finances.

    With the concept of open banking, financial institutions such as banks—big and small—fintech companies, and other players, can share their respective clients’ data through the use of application programming interfaces (APIs). These APIs enable customers or the data subjects to share only data pertinent to the product or service they are looking to avail and not the account credentials.

    The European Union (EU) initiated PSD2 (Revised Payment Service Directive) as an emerging Open Banking standard. This is a game-changer in the industry as banks’ monopoly on their customer account details will soon disappear. This required European banks to provide Open APIs which does not need additional customized developments. It reduces barriers to innovation and limits the big banks’ “walled gardens.” In fact, even the Philippines’ data privacy law was influenced by EU’s stringent data protection regulation, including the adoption of the General Data Protection Regulation (GDPR).

    Open banking can enable banks and other financial institutions to have access to data that will enable them to process loan applications quicker or better advise their clients on their finances. This encourages banks to be more competitive, leading to more affordable products, faster services, better customer relations, and investing in digital technologies, to the benefit of customers.

    This is what Rizal Commercial Banking Corporation (RCBC) hopes to spearhead in the industry as it recently became the first local bank to advocate and implement open banking, affirming its position as a digital trailblazer in the financial industry.

    But more than encouraging competition among banks, RCBC aims to lead the way to open banking in the country to become the Filipinos’ prime financial inclusion partner.

    “With open banking, we can power the transactions of rural banks, cooperatives, micro-financial institutions and other small players, giving their customers access to a wide array of financial services using RCBC Open APIs,” said Lito Villanueva, RCBC Chief Innovation and Inclusion Officer.

    Already, RCBC has beefed up its open banking capabilities by establishing API partnerships with leading fintech companies; local payment networks PESONet and Instapay; and IBM Blockchain World Wire remittance.

    Through open banking, RCBC aims to serve the global financial services needs of more than 30 million customers of fintechs, rural banks, cooperatives, and micro-financial institutions all over the country.

    John Paulo Ondra Caparros

    Public Relations Department

    Strategic works, Inc.

    +63.893.7472 | +639. 17.158.7918

    john.caparros@stratworks.ph

    2nd Floor Zaragoza Building, 102 Gamboa Street, Legaspi Village, Makati City PH

  • How to Raise the Bar on Your Company’s Cybersecurity

    What are your business’s current standards when it comes to internet safety?  We live in a data-driven world, so protecting your company from cybercriminals is a must.  Here’s how to ensure your business’s information is protected, and what to do if you fall victim to a data breach.

    Crunching the numbers

    It’s an unfortunate fact that as our culture has come to rely more heavily on technology, cybercrime has become increasingly sophisticated.  Hiscox reports some alarming statistics, including 47 percent of small businesses experienced at least one cyber attack in the past year, generating an average loss of $34,604.  Big businesses experienced an average loss of $1.05 million. If your business should happen to fall victim, it’s crucial to act fast so you can minimize the damage.  Hiring a team of digital forensics specialists from companies like Secure Forensics can mean not only quickly putting a stop to the immediate trouble, but could also mean recovering the lost data, identifying the attackers, figuring out where they broke into your system, and deciding how to proceed so it never happens again.  

    Red flags and tripwires

    Cybercriminals have a number of clever tactics for breaking into your system.  Ransomware, phishing emails, viruses and such, are typically delivered in effectively deceptive ways, and they often target the human element of the equation.  In other words, for most businesses, their primary vulnerability lies in their staff. It’s crucial to train your employees on common techniques used for social engineering attacks so they aren’t lulled into giving away vital data.  Links that direct them to other websites, emails that request sensitive information, or strange attachments are potential windows into your business’s world.  

    Spell out security

    Developing effective policies and explaining them clearly to your employees is in everyone’s best interests.  As The Balance Small Business explains, an internet usage policy should provide clear boundaries for your staff, helping them fully understand the expectations for protecting company data.  Discouraging the use of company equipment for personal internet accounts can help everyone steer clear of many dangers, and can also help boost productivity.  You can use a template to assist you in developing your business’s internet usage policy.  

    Another area of weakness is password creation and maintenance.  Many people opt for one or two passwords they recycle for all their accounts.  While that can make it easy for them to remember the passwords, if your staff members elect to do this for personal and business accounts, your business can be all the more vulnerable.  With that in mind, you can encourage your employees to choose more effective passwords.  Some experts recommend a dozen characters or more for optimal results.  The good news is, longer passwords are often as effective, or even more secure, than passwords comprised of impossible-to-remember character and number combinations.  Your people can select a lengthy word or phrase and make it work, or consider adding a password manager to help protect your business all the more.

    Talking things through

    In every respect, it’s important to keep the lines of communication flowing with your employees.  Not only should they be alert to potential cyber threats, they should be well aware of your policies.  At the same time, they need to realize the importance of coming to you immediately if they see a problem.  It’s all too easy to click the wrong link or accidentally open a deceptive email, so let your employees know they won’t be punished for honest mistakes.  If there is a breach, Fast Company recommends an immediate response, informing your entire staff of whatever details you have.  When it comes to cybercrime, knowledge is power, and time is definitely money.  The sooner you can make everyone aware and start dealing with the issue, the better off your company will be.

    While it’s impossible to become entirely immune to cybercrime, you can search for ways to improve your company’s defenses.  Educate your employees, develop appropriate policies, and act quickly if there is trouble. By raising the bar on security, you can protect your business effectively.  

    Dean Burgess

  • Young celebrities to reward IG fans with stylish Vivo S1 for #OOTD

    Young celebrities to reward IG fans with stylish Vivo S1 for #OOTD

    Fans of Darren Espanto, Vern Enciso, Verniece Enciso, Chie Filomeno, and Julie Anne San Jose are in for a treat!

    The young showbiz personalities are so excited with the upcoming launch of the stylish Vivo S1 smartphone that they are giving their Instagram followers a chance to get their hands on the first-ever handset in Vivo’s latest S series.

    From August 26 to September 8, interested participants should post their own OOTD (outfit of the day) that mirrors the Skyline Blue or Diamond Black color schemes of the new S1 phone. To qualify, they must tag their favorite celebrities and Vivo in their OOTD posts.

    The celebrities will then choose from the creative IG posts to determine which of their fans will receive the new S1 smartphone.

    The Vivo S1 has a 6.38″ Full HD SuperAMOLED screen that houses an in-display fingerprint sensor. It packs a 6GB RAM and 128GB ROM which are powered by a fast-charging 4500mAh battery.

    The mid-tier smartphone has a 32MP AI selfie camera and an AI triple lens set—16MP main, 8MP secondary, and 2MP wide-angle camera—for amazing photos and videos.

    But the feature that will definitely catch everyone’s attention is the S1’s sleek back cover design which showcases a gradient glossy finish on the Skyline Blue variant and a diamond cut design on the Diamond Black variant.

    With its cutting-edge features and superb finish, the Vivo S1 is clearly not just a smartphone, it’s a fashion statement!

    So, what are you waiting for? Put on your best OOTD that reflects the Vivo S1’s Skyline Blue or Diamond Black theme and get ready to impress your celebrity idol!

    About Vivo

    Vivo is a leading global technology company committed to creating trendsetting smart mobile innovations and services. Vivo is devoted to forming a vibrant mobile internet ecosystem, and currently owns and operates an extensive network of research operations, with R&D centers focusing on the development of cutting-edge consumer technologies including 5G, AI, mobile photography and next-generation smartphone design.

    In recent years, Vivo has taken frequent efforts in the sports field and is committed to promoting the mutual penetration of the brand’s diverse fields and diversifying its brand image. Vivo Philippines announced its partnership with the NBA by the end of 2018.

    Currently, Vivo has over two hundred million users enjoying its mobile products and services around the world. Vivo is present in 18 markets globally and features offline retail stores in over 1,000 cities worldwide. In the Philippines, Vivo is the top3 smartphone brand in terms of market share with 1.5 million users nationwide.

    For inquiries about Vivo, visit the Vivo website at vivoglobal.ph or check out their Facebook (https://www.facebook.com/vivophil), Instagram (https://www.instagram.com/vivo_philippines/), and Twitter (https://twitter.com/vivo_phil) accounts.

    Best Regards,

    John Paulo Ondra Caparros

    Public Relations Department

    Strategic works, Inc.

    +63.893.7472 | +639. 17.158.7918

    john.caparros@stratworks.ph

    2nd Floor Zaragoza Building, 102 Gamboa Street, Legaspi Village, Makati City PH

  • Shopee and Unilever promote charity with successful #BeautyThatCares Sale

    Shopee and Unilever promote charity with successful #BeautyThatCares Sale

    Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, partnered with Unilever, the leading beauty and personal care company in the Philippines, for the #BeautyThatCares sale in August. The campaign was a big success as it leveraged e-commerce to increase awareness for UNICEF, The Philippine LGBT Chamber of Commerce, and Future Faces.

    Martin Yu, Associate Director, Shopee Philippines, said, “We are very proud to partner with Unilever for this philanthropic cause. This partnership has given us the opportunity to empower our users to support causes they believe in. Through the #BeautyThatCares sale, participating advocacy groups are able to reach a wider audience. Aside from our post-sale donation, we hope the continued support from our users will go a long way for these groups.”

    At the same time, Dorothy Dee-Ching, Unilever Philippines’ Vice President for Beauty and Personal Care says, “The #BeautyThatCares philosophy is grounded in purpose: to care for the people, the society, and the planet. Each brand under the Unilever Beauty and Personal Care category has its own thrust, acting as a compass for all its campaigns and innovations. It’s not just about what products we put out, but also why we develop them at all. We want Filipinos to feel that they are being cared for by the brands they love. We are grateful for our partnership with Shopee—they have allowed us to reach more people online and raise the visibility of our purpose.”

    The sale, which ran from August 7 to 9, gave Shopee users the opportunity to show their support for causes they believe in by buying Unilever products on the shopping platform. 20% of the proceeds from the sale went to the three partner organizations of Unilever.

    Benefitting from the sale are:

    • UNICEF – champions the rights of children everywhere in the world so they can reach their full potential.
    • The Philippine LGBT Chamber of Commerce – advocates for safe workplaces that promote equality.
    • Future Faces – a group of young adults that use repurposed plastics to provide nutritious meals to children in impoverished areas.

    Shop Unilever personal care products on its official store on Shopee at  https://shopee.ph/unilever_personalcare. Visit the Shopee website at https://shopee.ph/ and download the Shopee app for free via the App Store or Google Play.

    For more information, please contact:

    Erin Tagudin

    Public Relations Manager

    Contact: 09178457508

    Email: erin.tagudin@shopee.com

    Catherine Llanes

    Media Relations Manager

    M2_EmailSig2

    T. +63 2-332-10-31 loc. 103

    M2COMMS  | M2SOCIAL  | M2LIVE  | PROI

  • ‘Conscientious Consumerism’ Trend to Bring New Life to PH Coco Industry

    ‘Conscientious Consumerism’ Trend to Bring New Life to PH Coco Industry

    Pertinent issues facing the coconut industry, such as best farming practices, supply and value chain, takes centerstage in the World Coconut Congress organized by the United Coconut Association of the Philippines.

    At the second World Coconut Congress, industry players here and abroad come together to tackle issues that are shaping the landscape — one of which is best practices in coconut farming and product development that local players, like ProSource International Inc. (ProSource), are focusing on.

    Organized by the United Coconut Association of the Philippines (UCAP), the conference centralizes on coconut supply and value chain. Covering wide-ranging topics — from coconut solutions for health and environment, coconut biodiesel, to the latest on coconut oil health research — the said event seeks to promote Philippine coconut products globally.

    At present, there is an observed paradigm shift in worldwide market behavior on choosing healthier and sustainable alternatives known as ‘Conscientious Consumerism’, as defined by the Network of Business Sustainability. With this, more and more consumers are seen to be promoting local industries, patronizing cruelty-free cosmetics, reducing plastic use, and generally, turning to healthier and more ethical diets.

    To the key players in the Philippine coco industry, the eminence of the coconut trade stems from the significant shift in consumer values towards healthful living. For them, it is but an exciting opportunity to strike on now that the concept of “going green”, or lessening our environmental impact by way of creating more informed choices, is deliberately finding its way into Filipino sensibilities.

    “The concept of ethical consumerism is already established in people’s behavior, and as practitioners in this field, we see strong opportunities in penetrating this market,” said ProSource’s CEO Ricky E. Santos, who, as a key producer from the coconut industry, believes that businesses like them should also start adapting to the conscientious commerce trend.

    “There has been an increase in veganism over the past decade even in meat-heavy countries like the Philippines. Through this thriving lifestyle, we believe that coconut production is one huge market that we all should keep an eye on,” he added.

    ProSource, for one, started innovating with the Coconut. They have introduced to the market the likes of coconut calming oil, organic coconut wraps, coconut crunch, and its classic hero product, the Virgin Coconut Oil, among others. This is foreseen to be a springboard for other players to also start getting creative with the fruit with its promise of a warm reception from the market.

    “We are one of those who put our strong faith in the ‘tree of life’. It is indeed that, as the fruit can be broken down into a wide range of by-products — from food, medicines, supplements, beauty products, and even personal care commodities,” said Santos.

    Worldwide values of coconut products have developed steadily since 2014, and in 2017, with the Philippines reportedly exporting coconut oil at over $1.46 billion in total returns, putting the country amongst the world’s top coconut producers.

    With the significant shift in consumer values towards healthful living, and the local industry players’ ingenuity to toil on this worldwide demand, the Philippines is once again set to be in the forefront of the global stage — with its competitive edge of the mastery of the miracle fruit.

    To know more about how ProSource can enable you in achieving a conscientious lifestyle, visit ProSource’s website at   and ‘like’ their official Facebook page at www.facebook.com/ProSourceVCO/

    John Paulo Ondra Caparros

    Public Relations Department

    Strategic works, Inc.

    +63.893.7472 | +639. 17.158.7918

    john.caparros@stratworks.ph

    2nd Floor Zaragoza Building, 102 Gamboa Street, Legaspi Village, Makati City PH

  • Shopee Announces Global Superstar Cristiano Ronaldo  as its Latest Brand Ambassador

    Shopee Announces Global Superstar Cristiano Ronaldo as its Latest Brand Ambassador

    Cristiano Ronaldo to join Shopee in a wide range of initiatives, starting with 9.9 Super Shopping Day.

    Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, announces its partnership with global football icon Cristiano Ronaldo as its newest brand ambassador. Cristiano Ronaldo will work with Shopee in a wide range of initiatives to engage and inspire people in the region, starting with Shopee’s signature annual shopping event, 9.9 Super Shopping Day.

    Chris Feng, Chief Executive Officer at Shopee, said, “We are delighted to announce our partnership with Cristiano Ronaldo, one of the greatest athletes of our time. He is an inspiration to many, and his dedication to football matches the deep commitment we have towards our users. Together with Cristiano Ronaldo, we look forward to creating a lasting positive impact for our region.”

    Cristiano Ronaldo said, “I am proud to be Shopee’s brand ambassador as we share the same ambition to be the best in our fields. I am always improving my game for my fans and my team, just as Shopee innovates to benefit their users in this region. I am excited by this partnership, and I look forward to creating more special moments for my fans together with Shopee.”

    Cristiano Ronaldo joins Shopee’s 9.9 Super Shopping Day

    From left: Cristiano Ronaldo, Global Football Icon; Chris Feng, Chief Executive Officer at Shopee

    Shopee’s announcement of Cristiano Ronaldo as its latest brand ambassador is in line with the return of its signature annual shopping event, 9.9 Super Shopping Day. Cristiano Ronaldo will join a series of initiatives as Shopee brings users and fans across the region closer to the global football icon:

    • Cristiano Ronaldo stars in Shopee’s newest 9.9 TVC: Cristiano Ronaldo will be at the center of Shopee’s new television commercial premiering on August 16, which will air in all seven Shopee markets in the region.
    • Watch Cristiano Ronaldo live only on Shopee: In a first for Southeast Asia and Taiwan, fans will be able to get up close and personal with Cristiano Ronaldo via a range of exclusive content available only on Shopee Live. More information will be announced on Shopee’s app and social media platforms at a later date.

    Catch the premiere of Shopee’s television commercial with Cristiano Ronaldo on August 16.

    Find out more about Cristiano Ronaldo and 9.9 Super Shopping Day at http://shopee.ph/ShopeexRonaldo.

    Download the Shopee app for free via the App Store or Google Play.

    Catherine Llanes

    Media Relations Manager

    M2_EmailSig2

    T. +63 2-332-10-31 loc. 103

    M2COMMS  | M2SOCIAL  | M2LIVE  | PROI

  • BDO bags 4 awards at the 9th Asian Excellence Awards

    BDO bags 4 awards at the 9th Asian Excellence Awards

    BDO Unibank, Inc. was again honored at the recently held Asian Excellence Awards, bagging highly-coveted titles such as Asia’s Best CEO, Best Investor Relations Company, and Best Corporate Communications.

    BDO’s chairperson Teresita Sy-Coson and president and CEO Nestor V. Tan were chosen as Asia’s Best CEOs (Investor Relations) for their superior leadership and excellence in driving the overall management and growth of the Bank.

    Meanwhile, BDO executive vice president and head of Investor Relations & Corporate Planning Luis S. Reyes Jr. was awarded Best Investor Relations Professional (Philippines). The Best Investor Relations Professional is given to those who excelled in keeping investors well-informed about the developments in their company. Investor relations is critical to generating shareholder value for investors.

    Spearheaded by Corporate Governance Asia, the 9th Asian Excellence Awards is a highly-coveted recognition for corporates that have adopted the highest standards of ESG (Environmental, Social, and Governance) in the way they operate and grow their businesses.

    Winners for this year were picked from several countries across the region, including China, Hong Kong, India, Japan, Korea, Indonesia, Malaysia, Singapore, Taiwan, Thailand, Vietnam, and the Philippines.

    Strategically linked to its corporate vision and core values, corporate governance is an integral part of the bank’s operations.  From mere compliance, the bank has successfully put in place a framework, policies, committees, and initiatives that not only strengthened its financial position but also enhanced its reputation among its shareholders and foreign investors.

    The bank’s corporate governance philosophy–empowerment with accountability–”gives its leaders the freedom to move the business forward without undue restraint but are expected to act with due care, responsibility, and accountability,” the bank told to Corporate Governance Asia. As such, BDO is able to deliver its commitment to its shareholders: sustainable corporate growth and long-term value creation.

    “When we set out on our mission to honor Asia’s finest executives and corporates, we embark on a journey to enhance their standards of corporate governance, and through this advocacy to institutionalize the best practices across the region, we recognize that they key to long-term sustainability and success of companies us having a solid reputation in the market and exemplary business models, and how they are applied and conducted in accordance with the highest principles of corporate governance,” Mr. Aldrin Monsod, founder, managing director and publisher of Corporate Governance Asia said in honoring this year’s winners.

    About BDO Unibank, Inc.

    BDO is a full-service universal bank which provides a wide range of corporate and retail banking services. These services include traditional loan and deposit products, as well as treasury, trust banking, investment banking, private banking, rural banking, cash management, leasing and finance, remittance, insurance, retail cash cards, credit card services, and stock brokerage services.

    BDO has one of the largest distribution networks, with more than 1,300 operating branches and over 4,000 ATMs nationwide. It also has a full-service branches in Hong Kong and Singapore as well as 23 overseas remittance and representative offices in Asia, Europe, North America, and the Middle East.

    BDO ranked as the largest bank in terms of total assets, loans, deposits, and trust funds under management based on published statements of condition as of March 31, 2019. For more information, please visit www.bdo.com.ph.

    BDO Unibank, Inc.
    BDO Corporate Center
    7899 Makati Avenue
    Makati City 0726, Philippines
    Tel +63(2) 840-7000
    www.bdo.com.ph

    Chesca Ortega
    PR and Events Specialist
    Roar Agile Communicators Corp
    roar.ph chesca.roar@gmail.com