NHMFC boosts engagement with housing originators
The National Home Mortgage Finance Corporation (NHMFC) recently held a Focus Group Discussion (FGD) to boost engagement with various housing loan originators and encourage their involvement in crafting the guidelines for the Corporation’s proposed Bulk Purchase of Housing Loan Receivables.
Real estate developers from various regions in the country participated in the consultation meeting, which aims to solicit insights and feedbacks on the proposed Housing Loan Receivables Purchase Program (HLRPP) Bulk Purchase scheme.
Housing loan receivables under HLRPP namely, Purchase of Originated Economic/Low-Cost Housing Receivables (HLRPP 1 — HOME), Socialized Housing Loan Take-out of Receivables Purchase Program (HLRPP 2 — SheLTeR), and Building Eligible Resilient Dwelling for Everyone (HLRPP 4-BERDE) are intended to qualify under this bulk take-out program.
Meanwhile, in Roxas, Isabela, NHMFC in collaboration with real estate developer Uanjelle Land Incorporated (Uanjelle) also held an Originator and Borrowers’ Orientation on the documentary requirements, including legal documents, and processing of housing loan borrower’s application under the HOME and SHeLTeR Programs. More than 600 borrowers from this province attended the orientation and more than 200 housing loan applications were received by NHMFC during the event.
NHMFC has lined up a series of originator and borrower’s orientation on HLRPP, while the recently held FGD is just the first in a series of consultative meetings on the proposed HLRPP Bulk Purchase. More will be held within the year to gather additional insights from NHMFC’s partner-originators.
‘Meet the SheEO’
First Metro Asset Management Inc. (FAMI) joined the worldwide celebration of Women’s Month by hosting Smart Women Invest, a financial and investment literacy online event specifically catered to help Filipinas transform from savers to investors.
This year’s event, entitled “Meet the SheEO: Celebrating Women Leaders in the Workplace”, gathered women who excelled in the field of pharmaceutics, household and consumer product, and health and beauty: Vanee Gosiengfiao, general manager of Sanofi Consumer Healthcare Philippines; Marites Tejero Dagdag, president and general manager of Clorox Company Southeast Asia Region; and May Abarquez, president of BellaFaccia Inc. and former general manager of The Generics Pharmacy. The event was hosted by FAMI president Karen Liza Roa.
The discussion kicked off with the SheEOs sharing their life hacks and strategies in organizing their day-to-day activities. They also highlighted the trend of having women leadership and its importance in every organization. But as they go deep into the topics of women in general, it became a morning of empowerment and inspiration for those who want to break barriers and do important financial decisions that could change the course of their life and achieve their goals with a positive mindset. The three women also gave their advice to women who are just learning to become financially independent and become CEOs in their own field someday.
Singlife PH is Dream Employer of the Year
Singlife Philippines has been recognized as the Dream Employer of the Year for 2021 by Workbean, the Philippines’ first and only employer branding platform.
Singlife, a mobile-first savings and protection company, aims to become an employer of choice and to provide people with opportunities to work in a collaborative, agile, and technologically advanced company.
The company has given its employees the opportunity to grow and improve themselves. It also challenges them to innovate and use their expertise to challenge the status quo and develop meaningful solutions for customers.
Singlife Philippines was chosen for the award through a two-month survey run by Workbean across its social media platforms and email newsletters among its members and followers.
Security Bank bags top spots at PDS Awards
Security Bank Corp. was recognized by the country’s fixed income exchange, the Philippine Dealing System (PDS) Group at the 17th PDS Annual Awards on March 25.
The bank bagged, for the second consecutive year, the Top Fixed-Income Cash Settlement Bank award for generating the highest volume, as measured by the total number of fixed-income transactions settled. The bank was also ranked fourth by PDS in the Top 5 Corporate Securities Market Makers for 2021.
Now on its 17th year, the PDS Annual Awards continue to recognize the outstanding performance, leadership, and innovation of financial institutions that contribute to the development of the domestic capital market.
AboitizPower embraces innovation
With the theme, “Celebrate your Innovation DNA,” Aboitiz Power held recently its first 1AP Innovation Summit, gathering employees from different business units to underscore the need to collectively develop the unique set of characteristics necessary to hone the culture of innovation within the organization.
The summit culminated with an ideas generation and pitching activity among the participants where more than 20 innovation projects were presented.
The event also featured talks from AP executives, key industry leaders and partners, such as Emilie Sydney-Smith, chief executive of EXO Works, Energeia managing director Ezra Beeman, and Luis Gonzales, the lead for data science and artificial intelligence (DSAI) of Aboitiz Data Innovations.
Among the initiatives undertaken by Aboitiz Power are the migration of the distribution utilities’ IT infrastructure from on-premise servers to the Amazon Web Services (AWS) as part of its
Digital Transformation Strategy or DigitaLeap program and the Asset Performance Management Predictive Analytics System in its Therma South facility.
The Outstanding Young Men of 2021
The Junior Chamber International (JCI) Philippines will hold The Outstanding Young Men (TOYM) Awards on April 8 to recognize exceptional young Filipinos, who have achieved professional excellence in their chosen fields, and tirelessly worked towards inspiring meaningful positive change in today’s Filipino society.
TOYM is an annual national recognition awarded to Filipinos between 18 to 40 years of age who have made significant contributions to their field or community. This year, despite the limitations posed by the COVID-19 pandemic, TOYM recognizes the valuable contributions of this year’s awardees who dedicated their time and effort to make significant impacts to the community.
“We at TOYM empower the youth to make waves of progress for themselves, our communities, and ultimately our country,” said TOYM president and Metro Pacific Investments Corpo. chief finance, risk and sustainability officer Chaye A. Cabal-Revilla.
TOYM Awardees for 2021 are Ariestelo Asilo for Social Entrepreneurship; Iloisa Romaraog-Diga for Agricultural Entrepreneurship; Eleazar Abraham “Abe” Orobio for Education and Culture; Anna Oposa for Environment Marine Conservation; Jayeel Cornelio, PhD for Education: Sociology; Maria Yzabell Angel Palma for Science and Technology; Jaime Alfonso Aherrera for Medicine: Cardiology; Lou Sabrina Ongkiko for Education and the Academe; Jaemark Tordecilla for Digital Journalism; and Melvin Sanicas for Medicine.
JCI Philippines has effectively promoted leadership and exemplary innovation among the youth, showcased through their service to the community and the nation, their professional excellence and untarnished integrity, and their exemplary leadership.
CYDEF, OmniSecuritas partnership
Cyber Defence QCD Corp. (CYDEF) and OmniSecuritas Technologies recently announced a long-term strategic partnership where OmniSecuritas Technologies will be CYDEF’s exclusive Philippine distributor of its entire suite of ‘Zero Trust’ cybersecurity products.
The partnership will undertake joint marketing, joint execution of sales and contracts, implementation of business process outsourcing of labor and services, and customer support in both Canada and the Philippines.
The partnership is significant new customer base for Smart-Monitor and Smart-AV products of CYDEF and will allow OmniSecuritas Technologies to offer the Philippine market one of the world’s leading and most innovative cybersecurity product suites
Vista Land and Lifescapes has committed to deploying Smart-Monitor and Smart-AV across its network.
Simmons now at Kuysen
Simmons, the world’s leading premium mattress brand, partnered with Kuysen Enterprises to bring better sleep to more consumers in Philippines.
Kuysen’s first foray into the bedding industry saw the store with eight Simmons mattress models displayed such as mattresses and bedding accessories, from Beautyrest to Dreamscapes, featuring the patented Pocketed Coil Technology Simmons has been known for.
The mattresses are also curated for the Filipino sleepers. Additionally, Simmons NeckCare and NextGen pillows are also made available to provide good spinal alignment while one sleeps. These pillows are either microfiber filled or memory foam filled. Both pillows have 60 mini pocketed coils in them and are fully imported from Italy.
Simmons is the preferred hotelier supplier to many luxurious hotels globally and in the Philippines.
Kuysen represents over 50 world-class and internationally esteemed brands of home furnishings and fixtures and has become the preferred partner of the country’s prime properties developers.
New face of Isuzu Makati
On March 30, 2022, Isuzu Philippines Corp. (IPC), with Isuzu Gencars, Inc (Gencars), launched the new face of Isuzu Makati, the brand’s latest dealership in the country to formally adopt the corporate design philosophy known as the Isuzu Outlet Standard (IOS).
Gencars has 7 branches under its wing — Isuzu Legaspi, Isuzu Naga, Isuzu San Pablo, Isuzu Batangas, Isuzu Batangas City, Isuzu Sta.Rosa, and Isuzu Makati.
The latter is the group’s first branch to bear the IOS and on-going plans are in the works for the other branches. Over the years, the said group has earned a reputation as one of the brand’s most trusted partners and helped extensively expand its reach in the Southern part of Luzon.
