Tan brothers want a slice of gin market
Brothers Lucio Tan III, president and chief operating officer, and Kyle Tan, executive vice president, who are now at the helm of Tanduay’s new leadership, are eyeing a share in the country’s lucrative gin market through Ginto.
Ginto is now available in Luzon, where there is a high concentration of the gin market.
Year-on-year, Tanduay has been lording over other brands, capturing over 90 percent of the country’s rum market.
Tanduay’s barrel ageing facilities house 200,000 oak barrels with a capacity of approximately 40 million gauge liters.
Barrel-aging gin gives it a classic aged spirit flavor like caramel, oak, vanilla, and smoke. If the barrels were previously used for other spirits, the gin also takes the flavor of those spirits.
For Ginto, the barrel-aging process translates to its distinct taste — hints of citrus, juniper, and berry with wood notes. This also contributes to a golden amber color, reminiscent of the Philippines’ golden sunsets.
Like Tanduay, Ginto is made from quality ingredients sourced locally and underwent strict control checks to ensure that wherever their customers are around the world, they would enjoy the same proudly Philippine-made product.
SB Finance expands reach to mass market
SB Finance Co. Inc. (SBF) has launched its latest campaign called Dito, Pwede! as it expands its reach to the mass market and help reset economic growth in the new normal.
Set to offer new loan products this year, SBF through Dito, Pwede! hopes to raise awareness about SBF’s loan products as more Filipinos look for a reliable financial partner that can help them bounce back from the effects of the pandemic.
“SB Finance’s goal is to create products and services to support the average Filipino and the small businessmen in their financial needs while creating a customer-centered journey in the new digital normal. To do this, we needed a strong partner who has an extensive experience in the field of consumer finance who can guide us in the right direction,” said SB Finance president and chief executive officer Abbie Casanova.
Currently, SB Finance offers a personal loan product as part of its offering.
Calambakuna at SM City Calamba
As the vaccine rollout reaches the provincial areas, the SM Supermalls continue to partner with local government units by providing a safe, convenient and readily accessible venue for vaccination. In Southern Luzon, SM City Calamba in partnership with the Calamba City local government opened a vaccination site at the mall’s cinema lobby. “Calambakuna sa SM Calamba” aims to serve 300 residents a day. Photo shows Calamba City Mayor Justin Marc Chipeco (2nd from left) with SM Supermalls SAVP John Jason Terrenal, AVP Angel Toreja and Mall Manager Rae Anne Maranan.
Vaccination, financial protection vs COVID
Malayan Insurance has recently rolled out its Vital Cover insurance product, a protection plan to help manage the ill effects of the new coronavirus disease 2019.
Vital Cover is an accident and hospitalization cover that provides loss of life cash assistance, a daily hospital income benefit for a maximum hospital confinement of up to 14 days, when the policyholder is stricken with Covid19, dengue or chikungunya.
Malayan Insurance, a member of the Yuchengco Group of Companies, noted the next best thing available to defeating the virus is to get the anti-virus vaccine injections.
It added the next best thing to embracing all the accepted precautionary health safety measures is to get insurance protection.
“It is important that Filipinos have the best possible protection from all sorts of risks especially during this time of uncertainty,” said Malayan Insurance vice chairperson Yvonne Yuchengco.
Sagot Ko, Puhunan Mo
In order to help more those employees displaced by this global health crisis, AAA Cosmetics and Trading Company with brands like Immune CEE Vitamin C +Zinc, GlutaGlow Slimming Drinks, GlamHigh Cosmetics By Andria and GracefulSkin Essentials has come up with “Sagot Ko, Puhunan Mo or SKPM Project.
SKPM provides an initial FREE capital or investment in the form of AAA Cosmetics and Trading Company Products Mix for the chosen or approved individual to sell. Since extra budget these days is scarce, Group Chairman Andrew Troy Nicolas said, “We like to help those workers displaced by this pandemic; they surely want to work but their companies were affected and needed to remove them. We like to help out and for them to continue to help their family.”
To join, apply via AAA Cosmetics and Trading Company Facebook Page to submit necessary proofs of work displacement, wait for approval within a week. If approved, Orientation follows, and products will be received to sell in SRP.
Co-Founder and Brand Chief Executive OfficerGrace Bondad Nicolas reiterated that this is for those employees or workers displaced by this pandemic, a very specific group. According to her, “We already did some testing on different individuals from different background and we decided that those who were working before and lost their jobs are more determined to earn. It’s a cycle, they need to reorder from the free resellers package we provide in order for this program to be successful for themselves. Other sectors can apply but still need to be approved.”
This is the Corporate Social Responsibility and project of AAA Cosmetics and Trading Company.
Villarica calls on Filipinos to rethink pawnshop services
Villarica Pawnshop, one of the country’s leading pawnshops have called on Filipinos to rethink the way they see pawnshop services especially in this time of pandemic.
In the past years, especially in 2020 at the height of the lockdown and the pandemic, the purpose of the pawnshop industry has transformed in the eyes of the Filipino public. Pawnshops have become quick access locations for cash in areas that have remained unserved by banks and traditional institutions, and some, like Villarica Pawnshop, have been partnered with by the banks for more convenient financial access by Filipinos wherever they may be, even for quick capital for their business as well as local and international cash remittances from their loved ones abroad.
Villarica has also become an access point for bills payment, point-of-sale withdrawal, auctioned jewelry selling and even mobile phone and internet service loading on top of the traditional services of jewelry and item pawning in exchange for convenient and honest appraisal for cash.
“We want the Filipino to know that we are here to serve and be a partner in hard times,” said Lester Villarica, Vice President for Operations. “And we can guarantee fair appraisal, in fact the highest appraisal rates in the country today.”
He said there is a need for people to start investing on themselves, and in their dreams to start their own small business and Villarica can help them.
Lester Villarica added that Villarica’s more than 600 branches nationwide accept an array of items, from jewelry to gadgets, as collateral.
Villarica collects no service charge from clients, offers lower interest rates on loans, high appraisal rate, and have also adopted the standard one-month term for all loans in addition to the 90-day reglementary grace period within which to pay the loan and redeem the pawned items.
Visit www.villaricapawnshop.ph for more information.
Female tech leaders share insights
QBO Philippines, in partnership with Australian Aid, Investing in Women, JobStreet Philippines, Microsoft, and Youth Business International, recently hosted a panel discussion among female tech leaders on the topic of “Leading Through a Pandemic: Lessons from Pinay Tech Leaders.”
Katrina Chan, executive director of QBO Philippines and IdeaSpace Foundation, opened the discussion and shared insights on her experience in heading one of the pioneering companies in the Philippine startup industry. In line with the organization’s mission to grow, develop, and collaborate with the ecosystem and startup community, QBO’s program Startup Pinay aims to encourage and empower more women to enter and lead the startup industry.
Kat Luna Abelarde (PLDT Global), Grace Vera Cruz (Grab Philippines), Kass Monzon (Workbean), and Elaine De Velez (Frontlearners) also shared what women leaders bring to the table, especially when the pandemic has significantly affected both employees and customers.
This session is part of the initiatives of Startup Pinay, a program that encourages more women to be part of the tech and startup industry. “We hope that by sharing our story, more people are encouraged to explore the local tech space. We hope to inspire more women to take the lead and consider founding their own startups in the future.”
