Alvin Patrimonio renews partnership with Sika Philippines
Philippine Basketball Association (PBA) legend Alvin Patrimonio has renewed its partnership with Sika Philippines, Inc., a wholly-owned subsidiary of the Swiss-based Sika Group, as its official endorser.
Patrimonio (left) and Christophe Lejeune (right), Sika Philippines General Manager, held the formal signing ceremony to celebrate this latest milestone on June 6, 2022, at the Sika PH office in Taguig City.
“My continuing partnership with Sika PH reflects my strong belief in the company as a major supplier of high-quality construction products to various markets,” the basketball star said.
Lejeune thanked Patrimonio for supporting Sika PH through the years.
“We will continue to strive towards excellence. We aim to be the market leader through quality products supported by a high level of professional service for all types of construction projects,” said Lejeune.
Sika products are used in cement plants, ready-mix concrete industry, precast concrete factories, buildings, infrastructure, industrial and residential projects, and retail stores.
Its product range includes high-quality concrete admixtures, specialty mortars, sealants, adhesives, building finishing solutions, concrete repair, and structural strengthening, flooring, roofing, and waterproofing systems.
Sunland Development expands
Sunland Development Corporation under Sun Group of Companies led by President/CEO, Richard Lim broke ground on Tuesday, July 12, to formally start the construction of its new office building with warehouse, located at P. Casal St. Quiapo, Manila with a leasable space of 34,000sqm.
The groundbreaking event was attended by President/CEO Mr. Richard Lim, Vice President Mr. Kevin Lim, and COO Mr. Simon Tan, of Sun Group of Companies.
The growth of e-commerce is one of the reasons behind the property expansion. Hence, the concept of building offices with warehouse spaces.
The construction and development will be led by Sunland Development Corporation, a real-estate company that is engaged in improving and developing properties nationwide, SDC has constructed a total of 183,240sqm of leasable properties as of today, dedicated to office, warehouse, and commercial use. Due to the rising demand, 95% of the properties were already occupied as of December 2021.
“Following the demand of properties under Sunland Development Corporation, we decided to expand our real-estate business to 500,000sqm to be completed within the next 3 to 5 years. As businesses grow in the Philippines, we realized we want to build more commercial, offices and warehouses to serve clients and mid to high scale businesses.” said Mr. Richard Lim, President/CEO.
The said expansion is set to rise in Metro Manila, Cavite, Bulacan, and Laguna where shopping malls and BPO firms are currently expanding their operations due to favorable market conditions. Aside from developing properties, Sunland Development Corporation is also involved in buying and selling properties.
TechVoc scholarships
Officials of SBFI, Don Bosco Academy Pampanga, Motech Automotive and Sambon P&E with the scholars.
Security Bank Foundation Inc. (SBFI) formalized a partnership with Security Bank clients Motech Automotive Educational Center and Sambon P&E Philippines, Inc., through the efforts of the Security Bank Clark-Angeles and San Fernando branch, to provide technical vocational scholarships for 16 students of Don Bosco Academy Pampanga.
The memorandum of agreement signing and official awarding of scholarship to beneficiary students happened last March 25, 2022.
Under the partnership, Don Bosco Academy will shoulder the tuition fee cost for the 10-month in-center training of scholars to equip them with the necessary technical skills before immersing them in the real world.
To support the scholars on their five-month on-the-job training, Security Bank Foundation will provide monthly transportation allowance to scholars while Security Bank clients Motech and Sambon will augment the support through additional allowances. Upon completion of the 15-month program, scholars are expected to gain Technical Education and Skills Development Authority national certificates in Automotive Servicing and Electrical Installation and Maintenance. Motech and Sambon may also hire the scholars based on their on-the-job training performance.
Globe Business pushes for digitalization of MSMEs
Globe Business reaffirmed its support for the digital adoption of higher educational institutions and MSMEs at this year’s Inclusive Innovation Conference of the Department of Trade and Industry’s (DTI) Competitiveness and Innovation Group.
The two-day annual conference held at Batangas State University gathered university and college leaders, industry executives and start-up stakeholders. They identified and discussed the types of innovation needed to drive economic progress and competence in a 21st-century global economy through a mix of plenary sessions, keynote speeches, panel discussions and high-level presentations.
Supporting the event, Globe Business put the spotlight on the critical need to reimagine technology’s critical work in Philippine education and make learning more accessible to all Filipinos.
“Tuloy ang Edukasyon, Tuloy ang Pag-asa,” a Globe advocacy campaign centered on the idea that education is the key to a better future was introduced to the higher education leaders who joined the event.
BPI Capital bags multiple awards
FinanceAsia, one of the region’s leading finance publications, recently recognized BPI Capital Corp.(BPI Capital) as the Philippines’ leading investment bank in several categories.
BPI Capital, the investment banking arm of the Bank of the Philippine Islands (BPI), bagged the titles of Best Investment Bank, Best DCM (Debt Capital Markets) House and Best ECM (Equity Capital Markets) House in the FinanceAsia Country Awards 2022.
As the Best Investment Bank, BPI Capital’s transactions over the past year have served clients in various sectors, including but not limited to aviation, construction materials, real-estate, renewable energy, and consumer goods.
Recognized as the Best DCM House, BPI Capital’s deals were landmark transactions for the year 2021 given how unique and innovative they were with respect to other issuances.
As the recipient of Best ECM House, BPI Capital was acknowledged for its commitment to the development of the Philippine Equity Capital Markets, which saw unprecedented amounts of fundraising activity in 2021. This award also recognizes the landmark transaction which BPI Capital successfully completed over the previous year.
