NHMFC, Biñan City LGU and Baque Corporation kickstart 4PH in Southern Tagalog Region
The National Home Mortgage Finance Corporation (NHMFC) formally signed a Memorandum of Agreement with Baque Corp. in collaboration with the Local Government Unit of Biñan City, Laguna that will kickstart the government’s Pambansang Pabahay Para sa Pilipino Housing (4PH) Program in the Southern Tagalog Region through the construction of the Verida housing project in this city.
Under the agreement, NHMFC will purchase up to Php2 Billion peso-worth of housing loan receivables from Baque Corp.’s residential housing projects.
Verida Residences, a 10-storey condominium with 220 units per building, is the first participation of Baque Corp. and the City of Biñan to the administration’s 4PH Program. It is projected to be completed by the end of 2024. This will be taken out under NHMFC’s Housing Loan Receivables Purchase Program (HLRPP). NHMFC is the country’s only secondary mortgage institution under the umbrella organization of the Department of Human Settlements and Urban Development (DHSUD) led by Secretary Jose Rizalino Acuzar, chairman of the NHMFC Board of Directors.
The construction of the Verida will be done simultaneously with the construction of the Biñan Central Square (BCS) which will likewise house government offices such as NHMFC, DHSUD, Pag-IBIG Fund, Social Housing Finance Corporation (SHFC), GSIS, LRA, LTO, DFA, BIR, NBI and PNP.
Alas Oplas Talent Hub opens at PITX Paranaque
Alas Oplas & Co., CPAs, is delighted to announce the opening of its 10th branch, the Alas Oplas Talent Hub, situated on the 7th Floor, Tower 2, Parañaque Integrated Terminal Exchange (PITX), Paranaque. This significant milestone reflects our commitment to our exceptional workforce, providing them with a convenient and accessible space.
Under the leadership of HR Director Jenny Catapang, the opening ceremony welcomed esteemed individuals, including Founding Partner and Chairman Donnies Alas, Managing Partner Ryan Sabug, Corporate Communication Director Mary Ann Duguran, Partner Mary Grace Paloyo, and respected directors Racquel Villarante, Sofia Rosal, and Cindy Madonero.
The Alas Oplas Talent Hub serves as a vibrant center for accounting professionals to thrive and excel. It aims to provide an environment that encourages collaboration, innovation, and personal growth among its talented employees.
HR Director Jenny Catapang passionately emphasized the significance of the Talent Hub, stating, “The Alas Oplas Talent Hub embodies our unwavering commitment to fostering growth and providing exceptional opportunities for our employees. It is the very essence of our growth zone, where we strive to cultivate talent, ignite creativity, and empower our professionals to soar to unprecedented heights of excellence.”
Alas Oplas & Co., CPAs is determined to strengthen its position as a leading accounting firm through the establishment of the Alas Oplas Talent Hub. This milestone reaffirms our dedication to delivering unparalleled services to our clients while fostering a nurturing and innovative environment that fosters talent and drives forward-thinking.
Lucena City Grand Mardi Gras
Lucena City Grand Mardi GrasSM City Lucena wins the Grand Prize during the annual festivities of city’s Pasayahan Festival with this year float’s theme Grand Mardi Gras with highlights of elegant and colorful masks and jesters, overall materials made of wood frames, painted plywood, recycled and old tarpaulins and rubber mats.
TeaM Energy, Kratos RES Inc. sign power supply deal
PDAX, UnionBank partnership
Philippine Digital Asset Exchange (PDAX) is now officially part of UnionBank Philippines (UBP)’s Digital Business Solutions Partner Referral Program as one of its accredited fintech partners for crypto services and digital solutions.
The partnership of PDAX with UBP allows the leading digital bank to recommend PDAX’s trusted crypto services and digital solutions to their esteemed business-to-business (B2B) clients, legitimizing PDAX even further to a wider market and increasing PDAX’s reach and penetration across various industries.
Through the Digital Business Solutions Referral Partnership Program, UBP customers will be able to gain exclusive access to a curated set of partner solutions that will augment the banking services they are getting from UBP, including PDAX’s crypto services. The program, which aims to “tech up industries through digital synergies and collaboration,” will allow UBP corporate account holders to seamlessly access crypto-based trading at globally competitive prices, top cryptocurrencies, remittance, cross border settlements, digital investments, payments, and other digital assets in real-time through the UBP app with security and liquidity.
Echelon Asia Summit set
e27, Asia’s largest tech and startup media platform, has announced the launch of Echelon Asia Summit 2023.
Organized at Singapore EXPO on June 14-15, the two-day event will feature 5,000 attendees from all over Asia, representing 200+ companies and having over 100+ international world class speakers.
Echelon is a technology event helping startups forge new business connections, unravel new business opportunities, and create a deal flow of new investments across Southeast Asia’s tech ecosystem.
This year, the event will discuss what lies ahead for Southeast Asia’s tech and startup ecosystem, with investment and M&A trends and high-growth sectors being highly volatile given the dynamic economic conditions in the Southeast Asia market. Over the two days, Echelon’s 100+ expert speakers will present opinions on Web3.0, Soonicorns and Changemakers of Southeast Asia, Future Sectors and Investment Trends, M&As, Sustainability, and Growth and Scaling. With the rest of the event involving workshops, roundtable discussions, exhibitions, and networking, Echelon Asia Summit 2023 is a world of opportunities for Southeast Asia startups and investors.
The event will see the return of the TOP100 Program, which will involve the region’s best-in-class startups showcasing their projects for a chance to win programme championship. The TOP100 is a curated program designed to discover, showcase and accelerate the next generation of up and coming startups. The finalists, chosen out of over 500 applicants and now representing over 10 countries, will pitch 5,000 delegates including the top 25 investors.
InLife appointment
Insular Life (InLife) has appointed Stephen Ong as executive vice president and chief agency officer (CAO).
Ong’s notable sales track record in the life insurance industry spans 25 years. As InLife’s CAO, Ong is tasked with the company’s agency expansion, and leading the following InLife Teams: Sales Territories, Agency Expansion, Group/Corporate Sales, Agency Engagement and Services, the InLife Academy, and Agency Licensing.
Ong graduated from the University of Santo Tomas with a degree in BS Biology.
Allianz AsPac partners with INSEAD
Allianz Asia Pacific (AZAP) has announced a partnership with INSEAD, one of the world’s leading business schools to create a training and certification program aimed at transforming and upskilling the organization’s Life and Health business agency salesforce.
The six-month program is a performance-based qualification initiative that recognizes and rewards the top-performing agents across seven markets in Asia and is designed to upskill and revolutionize the learning experience of agents licensed in the Life and Health business. Specially designed and co-created by Allianz and INSEAD, the program follows a hybrid training model comprising of both online and face to face content.
With access to world-class professors, panel speakers, industry practitioners, the curriculum covers a wide range of topics from organizational leadership and customer management to marketing, sales and business strategy, agents will also be able to engage with their peers across the region through proven educational pedagogies and expand their network while learning from one another. This innovative approach aims to provide a holistic professional development experience for agents and accelerate the development of next-generation leaders in the industry.
Fully sponsored by Allianz Asia Pacific, the program offers agents the latest skills and knowledge to stay ahead in a rapidly evolving industry. Top qualifiers will also have the chance to complete their training program at the INSEAD campus in France, exchanging learning experiences with their counterparts for a truly global educational experience.
The program, which is the first of its kind, will be carried out in China, Indonesia, Malaysia, Philippines, Sri Lanka, Taiwan, and Thailand.
