Miguel Dominguez named president, CEO at AlsonsDev
Alsons Development and Investment Corp. (Alsons Dev) announced the appointment of Miguel Rene Dominguez as its new president and chief executive officer.
Dominguez will succeed Rosie Dominguez, who will be retiring from her position as executive vice president.
Dominguez will concurrently serve as the director for Corporate Strategy for the Alcantara Group’s Agribusiness Unit.
Prior to this new designation, Dominguez served as Alsons Dev’s director. Simultaneously, he was the vice president for operations at the Alcantara Group’s Agribusiness Unit
Dominguez served as governor of Sarangani.
Dominguez’s vision for Alsons Dev is forward-looking and ambitious, recognizing the need to differentiate the company in a competitive market.
MMBC launched
The Philippine Chamber of Commerce and Industry – National Capital Region (PCCI-
NCR) on June 26 launched the 2024 Metro Manila Business Conference (MMBC) at Casa de Polo, Valenzuela City.
The event, held during the PCCI-NCR North Sector Joint
General Membership Meeting, attracted over 100 attendees from CAMANAVA (Caloocan, Malabon, Navotas, and
Valenzuela) chambers and members from the South and Central Sectors.
The launch event showcased the theme of the 2024 MMBC, “Integrating Trade, Technology & Tourism for Sustainable
Economic Transformation (3T’s for SET)” with “Local integration, Global Outlook” as subtheme. This conference is
expected to address key issues affecting the region’s economic landscape and provide a platform for networking and
collaboration among business leaders.
“The 2024 Metro Manila Business Conference represents a crucial opportunity for our business community to come
together, share insights, and chart a course for sustainable economic growth in our region,” said Hernando
Delizo, area vice president for NCR/chairman, 2024 MMBC.
Highlands Coffee is Vietnam’s top F&B brand in customer experience
Highlands Coffee, Vietnam’s #1 coffee chain and one t of global restaurant company Jollibee Group’s brands, has been recognized as the highest-ranked food and beverage brand on customer experience in the 2023 Customer Experience Excellence Study (CEE) by KPMG in Vietnam.
The CEE report, which was commissioned by global consulting firm KPMG, engaged Vietnamese consumers across eight sectors, including Restaurants & Fast Food, Entertainment & Leisure, and Travel & Hotels. Brands were ranked based on KPMG’s Six Pillars of Experience methodology, encompassing Integrity, Empathy, Resolution, Personalization, Expectations, Time, and Effort, offering businesses valuable insights to enhance customer experience strategies.
“Highlands Coffee’s recognition affirms Jollibee Group’s efforts to build well-loved brands in their respective markets. We thank our Highlands Coffee team for their passionate commitment to great-tasting products and exceptional customer experiences. We are also grateful to our customers for supporting Highlands Coffee as we accelerate its growth in Vietnam,” said Ernesto Tanmantiong, president and CEO of the Jollibee Group.
Smart Traveller receives Platinum recognition
AXA Philippines clinched the Platinum Seal, the highest recognition at the Reader’s Digest Trusted Brands Awards 2024 for its Smart Traveller insurance plan.
Building upon its Gold Award in 2023, AXA’s Smart Traveller exemplifies offering comprehensive coverage tailored to meet the diverse needs of modern travelers.
Insured travelers can receive cash benefits to make up for the inconvenience of losing their luggage as well as payouts on non-refundable expenses in cases of trip cancellation or delays.
Beyond the reliable coverage, jetsetters can take advantage of top-notch customer service aimed at elevating their travel experience. From exclusive access to 24/7 travel assistance to the highest medical coverage of up to P3.5 million for emergencies due to sickness and/or accidents, AXA Smart Traveller ensures that every aspect of the journey is seamless and stress-free.
AXA Smart Traveller is also honored in all 27 Schengen area countries,
Elevate raised $5M
Elevate, a Y-combinator-backed fintech startup, has raised $5 million to expand its operations in the Philippines.
This brings its total funding to $10 million from notable investors, including Y Combinator and Goodwater Capital.
Elevate aims to solve the financial challenges faced by Filipino freelancers by offering an innovative platform for receiving payments in USD and providing the highest USD-Peso exchange rates in the market.
Elevate’s product launch in the Philippines aims to address the financial challenges faced by Filipino freelancers.
Elevate’s innovative platform is designed to simplify the process for freelancers in the Philippines to receive payments in US dollars (USD). It supports free and fast deposits from US and international employers and popular platforms like Upwork, Fiverr, PayPal, Deel, and Toptal.
For those transferring assets from USD accounts to Philippine-based banks, the platform offers the most competitive foreign exchange (FX) rates in the market. By partnering with multiple large global FX providers integrated with banks in the Philippines, the platform ensures access to the best rates available, making it a cost-effective solution for maximizing earnings.
In addition to facilitating USD transfers, Elevate offers a Mastercard debit card that users can utilize for online spending.
Sun Life appointment
Ritchie Teo has been named chief investment officer (CIO) of Sun Life Investment Management and Trust Corp. (SLIMTC).
Teo brings more than a decade of expertise in the insurance industry to his role as CIO. His journey with Sun Life began in 2014.
Teo aims to ensure that Sun Life’s clients have the tools they need to achieve their long-term goals.
MUFG, Security Bank partner for MUFG N0W
MUFG Bank, Ltd., part of the Mitsubishi UFJ Financial Group Inc. (MUFG) and Security Bank Corp., gathered more than 150 business leaders, policymakers, industry experts, and partners to its inaugural sustainability conference in the Philippines at Makati Shangri-La on June 19, 2024.
MUFG N0W (Net Zero World) is MUFG’s flagship regional thought leadership series aimed at fostering public-private dialogue and cooperation to tackle sustainability issues and prospects in Asia. In the Philippines, MUFG and its strategic partner Security Bank teamed up to host this event.
With the theme “Scaling up for a decarbonized future – the Philippines’ green transition,” the event featured a keynote speech by Raphael P.M. Lotilla, Department of Energy Secretary, as well as key insights from Bangko Sentral ng Pilipinas deputy governor Chuchi Fonacier.
Bangko Sentral ng Pilipinas Deputy Governor Chuchi Fonacier joined a leadership dialog session during the debut MUFG N0W (Net Zero World) event hosted by MUFG and Security Bank on June 19, 2024 at Makati Shangri-La.
During a special leadership dialogue session, Fonacier reinforced the BSP’s sustainability agenda.
“We know that climate change events and natural hazards can amplify credit, liquidity, and operational risk exposures of banks. This can impact the stability of a financial institution and the financial system. We do not view this agenda as a mere compliance thing, but the end goal is to preserve financial stability and help individual institutions to be operationally resilient and sustainable,” he said
SeaBank Ph marks 2nd anniversary
SeaBank Philippines (A Rural Bank) marks the second anniversary of its mobile banking application and first profitable quarter by offering a cashback rewards program.
With this rewards program, customers can earn cashback incentives across its features for every payment with SeaBank, including SeaBank’s Virtual Debit Card.
“We recognize the increasing adoption of digital payments among our customers, and it has always been our commitment to offer seamless financial management to Filipinos,” Seabank President Marco Cabreza said. “As we have now become financially sustainable, we wanted to express our gratitude to our customers by offering the cashback program that we hope would resonate with them through their digital journey.”
Committed to ensuring customer satisfaction, SeaBank’s cashback program includes incentives such as a P100 monthly cashback with its Scan & Pay feature when scanning QRPh codes with any partner merchant store for in-store purchases. Users can also earn up to P100 monthly cashback when using their linked SeaBank accounts in Shopee purchases.
First-time users are eligible for a P500 Shopee Voucher on their first-ever deposit and a P150 Welcome Reward upon reaching a P10,000 total spend during the first 60 days of activating their virtual debit card.
