SM among Asia’s Top Community Care Companies
Consistent with its staunch advocacy of sustainability, SM Investments Corp. (SMIC) has been recognized as among the Top Community Care Companies in Asia at the Asia Corporate Excellence and Sustainability (ACES) Awards 2020.
ACES acknowledged SM for the conduct of SM Foundation Inc. (SMFI)-led flagship programs — the Scholarship Program and the Kabalikat sa Kabuhayan (KSK) Farmers’ Training Program.
The Top Community Care Companies in Asia award is presented to companies which have enriched the communities through various outreach initiatives.
SMFI’s well-established scholarship program, which first accepted applicants in 1993, provides Filipino youth with access to quality tertiary education. To date, SMFI has supported 8,576 college and technical vocational scholars all over the country.
“Our late founder Henry Sy Sr. believed that education is the greatest equalizer. And we continue to uphold that with each passing year as we help weave deserving students’ dreams into personal triumphs,” SMFI executive director for Education Linda Atayde said.
In a similar way, SMFI’s KSK program, launched in 2007, aims to equip farmer-participants with knowledge on suitable agricultural technology to produce high-value crops and to promote sustainable agriculture, and has introduced farmers to an urban gardening program to advance food security. Today, 26,776 farmers have been beneficiaries of this program nationwide.
“We are truly grateful for this recognition. The call of the times is food security. SMFI’s KSK program aims to address this and enable farmers to help their families and communities have access to fresh and nutritious produce as well as bridge the market for farmers’ products,” said assistant vice president for Livelihood and Outreach Cristina Angeles.
ACES Awards acknowledges inspiring companies and individuals across Asia who exemplify best practices in leadership, sustainability and corporate social responsibility. MORS Group, which aims to assist companies, corporate leaders, and eminent industrialists to share a platform to exhibit leadership and sustainability excellence, among others, is the sole organizer of ACES Awards.
FWD bags back-to-back awards
FWD Life Insurance Corp.(FWD Insurance) of pan-Asian FWD Group won the Digital Insurance Initiative of the Year at the 5th Asian Banking & Finance Insurance Asia Awards (IAA) while the International Data Corporation’s Financial Insights Innovation Awards (IDC-FIIA) 2020 named FWD Group as Best New Insurer in Asia.
“Innovation is at the core of our DNA. (Through technology) we’re always developing our products to make them responsive and accessible to our customers’ evolving needs,” said Li Hao Zhuang, FWD Insurance president and chief executive officer.
FWD Insurance’s digital initiative FWD Tapp, dubbed the ‘one-tap insurance app’ won in this year’s IAA, the third year in a row that the insurer has received recognition at the awards.
“FWD Tapp has taken our customer engagement and customer experience to the next level,” Li Hao said. “It is a testament of our customer-led strategy, which is focused on making insurance accessible and convenient for our customers”.
FWD Insurance’s other digital services with cutting-edge technology include: AI2 (Artificial Intelligence + Agent Insights), a trusted digital advisory; and Underwrite Me, which provides customers with seamless online experience.
The KanDüü product suite, now available on Lazada, offers reasonably priced, digitally available coverage with rewards.
FWD’s innovative use of technology to achieve business objectives also garnered it the Best New Insurer in Asia Award from the IDC-FIIA.
Ryan Kim, FWD Group chief digital officer said, “This prestigious award goes a long way towards recognizing FWD’s outstanding achievements with our innovative use of digital technology.”
FWD Insurance won multiple awards in 2019: the Master Agency Award from the GAMA International Leadership Awards; Asia’s Best Employer Awards from the Employer Branding Institute and the Marketing Initiative of the Year.
FWD Group ranked ninth place in the 2020 Million Dollar Round Table (MDRT) Global Ranking for Multinational Companies (MNCs). Earlier this year, FWD Insurance also maintained its top three ranking, the third year in a row, in the ASEAN Corporate Governance Scorecard (ACGS).
Singapore Tourism Board salutes Filipino heroes
The Singapore Tourism Board (STB) has launched a video titled, “We Salute You”, to pay tribute to the overseas Filipino workers (OFWs) who have been working courageously alongside Singaporeans, to help keep Singapore running during COVID-19.
Recognizing the difficulty that OFWs feel while separated from their families, the video features five Filipino unsung heroes who have been contributing to Singapore’s COVID-19 response, and heartfelt messages from their families back home, sending them strength and words of encouragement.
“We appreciate the fortitude and dedication that our Filipino friends in Singapore have shown during these trying times. STB wanted to express our thanks by providing something most valuable to our Filipino friends – hearing words of motivation and encouragement from their loved ones. Through this video, we salute you, and look forward to the day we can emerge safely from this together,” said John Conceicao, Singapore Tourism Board executive director for Southeast Asia.
The Singapore Tourism Board acknowledges and honors their efforts with the following message in the video, “Saludo kami sa galing niyo (We salute you for your expertise and dedication).”
MUFG, Security Bank pledge to support Filipino students in Japan
Security Bank and MUFG Bank Ltd, together with other MUFG companies and strategic partners in Asia, have pledged approximately P183 million to support Southeast Asian students in Japan who are facing economic difficulties during the COVID-19 pandemic.
The multimillion education fund will be distributed evenly across four beneficiaries, namely Thai Students’ Association in Japan, Embassy of the Republic of Indonesia in Japan, Association of Filipino Students in Japan, and Embassy of the Socialist Republic of Vietnam in Japan. It will provide much needed financial aid to offset the economic hardship of students due to the COVID-19 pandemic.
“We are very grateful for the help extended by MUFG Group of Companies, with Security Bank as their local Filipino bank partner,” said Patrick Razo, president of the Association of the Filipino Students in Japan (AFSJ).
Security Bank has long been committed to supporting the education of the Filipino youth. Despite the COVID-19 pandemic, Security Bank continues to invest in providing means for students to continue learning.
“Security Bank welcomes opportunities that allow us to extend our education advocacy to Filipino students in Japan,” said Takashi Takeuchi, executive vice president and head of Alliance Segment, Security Bank.
Security Bank is among MUFG’s strategic partner banks, joining other financial institutions within the MUFG network such as Bank of Ayudhya, or Krungsri, in Thailand, Bank Danamon in Indonesia, and VietinBank in Vietnam.
“Just as we are working closely with clients to build resilience in their businesses during these trying times, we hope that this support package will not only provide some measure of relief to students in need but demonstrate our long-term commitment to the deepening of bilateral ties between Japan and key Southeast Asian markets in the MUFG network,” said Yuichi Yamagishi, managing director and country head, Manila Branch, MUFG Bank Ltd.