DBP lends P1.286B for first heart, brain center in CALABARZON
State-owned Development Bank of the Philippines (DBP) has granted P 1.286-billion in funding support to a Batangas-based healthcare institution to enhance the delivery of basic and specialized health services in the Cavite-Laguna-Batangas-Rizal-Quezon (CALABARZON) region, a top official said.
DBP President and Chief Executive Officer Emmanuel G. Herbosa said the loan extended to Global East Medical Center Lipa, Inc. (GEAMC) under the Bank’s Strategic Healthcare Investments for Enhanced Lending & Development (SHIELD) program will finance the construction of the first and only heart and brain center in Region IV-A.
“DBP’s credit support to GEAMC Lipa is in line with the Bank’s thrust of providing critical financial support to private healthcare providers for the improvement of the delivery of healthcare services to the Filipino people, especially those in the countryside,” Herbosa said.
Global East Medical Center Lipa Inc. is a private corporation owned and operated by practicing medical practitioners and business experts in Lipa City. The new facility is expected to bolster the capacity of the region to cater to the growing demand for medical services which currently stands at 219,235 inpatient bed days and 150,621 outpatient visits.
Herbosa said that under the agreement, P 1.136-billion will be utilized to partially finance the construction of a seven-storey Level 2 hospital strategically located along the J. P. Laurel National Highway in Lipa City while the remaining P150-million will cover the acquisition of medical equipment and machineries.
UPAY makes payment, collections a breeze
UnionBank has developed UPAY, a single platform that allows businesses to completely manage the end-to-end payment and collections process.
Powered by UnionBank’s award-winning digital technology, UPAY offers a wide selection of payment methods and channels their clients can choose from, ranging from Visa and Mastercard debit and credit cards, bank transfers, and popular e-wallets like GrabPay and GCash to PCHC Paygate, Instapay QR, and multiple over-the-counter channels.
UPAY is equipped with a variety of tools for a quick and hassle-free payment solution. It accepts widely used payment channels and has an advanced reporting and reconciliation system that provides access to useful payment and collection data.
UPAY can be built into the client’s website or app. The system also gives real-time notifications for clients to easily track and reconcile payments while its advanced reporting and consolidated systems provide comprehensive reports and real-time transaction confirmation.
Newest action sports concept store
The Primer Group’s Boardriders is the newest concept store to cater to the needs of young minded people who are inspired by a passion for outdoor action sports.
Featuring Quiksilver, Billabong, ROXY, RVCA, DC Shoes, and Element, Boardriders offers premium products to outfit every adrenaline junkie out in search of epic adventures.
Whether it’s swimwear to jump into your next dive, or a cool new pair of kicks to shred the next ramp, there’s something for you at Boardriders.
Bringing the Boardriders experience to all, Boardriders launched its first store this August 13 at SM Mall of Asia. Participants of this exclusive event included Angel Jones, The Lost Boys, Pocholo Barreto, Cha Ocampo and Bea Benedicto.
The event started off with welcoming remarks from the Boardriders team, an introduction about the brand and the inspiration behind the new concept store design as well as the announcement of exciting new collections. Guests were free to mingle while they enjoyed refreshments and entertainment from Kokoi Baldo Band, and special gifts were given to the media partners and ambassadors.
The Saint Teresa of Calcutta Award (STCA) has announced the 2021 and 2022 winners of the distinguished Philippine-based humanitarian awards after a one-year hiatus due to the pandemic.
Angela Maria Luna Pangan was named the 38th STCA awardee for 2021, while Consuelo Misa Balbero was recognized as the 39th STCA awardee for 2022. Both awardees were commended for their steadfast commitment to children’s welfare and protection.
Pangan is president and chair of the NORFIL Foundation, a non-profit organization that helps neglected, abandoned, or disabled children gain access to basic services, shelter, and rehabilitation programs.
Balbero, on the other hand, heads the child caring agency Kanlungan sa Er-Ma Ministry Inc. as administrator and executive director. Her direction and passion for upholding children’s rights and protecting the youth have enabled KSEM to reach out to abused and homeless children.
STCA is a recognition program dedicated to the late St. Teresa of Calcutta and is an annual project of the AY Foundation Inc. (AYF) and the Manila Jaycees.
Honda Cars Philippines Inc. (HCPI) provided health and safety materials and equipment to Don Jose Integrated Highschool in Santa Rosa City, Laguna last August 5 as students and teachers anticipate the resumption of face-to-face classes.
This is in support of the Department of Education’s Brigada Eskwela. HCPI provided non-contact thermal scanners, cleaning tools, disinfectants, and medical supplies.
Honda has been a program partner since 2008, providing assistance to 18 schools near HCPI’s Laguna office through the distribution of Education TV packages, clinic, school, and dental supplies, wash and drinking facilities, locker cabinets, disaster preparedness kits, and computers, among others, to help improve the tools and learning environment for the students.
Mastercard and Atome have partnered to launch the Atome card in the Philippines, offering Filipino consumers a new way to pay with credit.
The Atome card provides cardholders with a line of credit that can be used for online and in-store transactions.
Consumers in the Philippines can register their interest directly via the latest version of the Atome app. Selected Early Bird consumers will receive an email inviting them to apply for the card.
Atome charges no annual fees, sign up fees or other hidden charges and offers payment flexibility such as buy now, pay up to 45 days later with up to P200,000 limit.
The initiatives of PLDT Inc. and its wireless unit Smart Communications, Inc. on consumer safety and digital inclusion recently received recognition from the International Business Awards.
The International Business Awards are the world’s premier business awards program, receiving entries from organizations in 67 nations and territories.
Bagging a Gold Stevie® for Security/Safety is Project Tower, an information dissemination campaign on the safety of cell sites and the regulation of radiofrequency of the telecommunication industry. In particular, the judges cited PLDT and Smart’s well-planned, well-executed and sufficiently explanatory video produced in the time of COVID-19 for the benefit of consumers.
Receiving back-to-back Silver Stevie® awards is PLDT and Smart’s #FarmSmart initiative, recognized under the Communications or PR Campaign of the Year – Corporate Responsibility category, for livelihood programs that help farmers and fisherfolk increase productivity, reach markets and achieve food security through digital technologies. The International Business Awards cited #FarmSmart’s success in leveling up capacity-building initiatives to empower farming communities. Early this year, #FarmSmart also received a Silver Stevie from the Asia Pacific Stevies.
Winners will be celebrated during a gala banquet at the InterContinental London Park Lane Hotel, in London, England, on October 15.
Pru Life UK named International Life Insurer of the Year
Pru Life UK bagged the International Life Insurer of the Year-Philippines recognition in the Insurance Asia Awards for the second consecutive year.
The company’s innovations, new products and partnerships, including its community investment initiatives were recognized by the organization as the company stood out among its peers who were nominated in the same category in the Philippines.
Insurance Asia Awards is a prestigious awards program that recognizes the most outstanding insurance companies in Asia for their remarkable innovations.
The award is another milestone for Pru Life UK as it leads the life insurance industry in terms of New Business Annual Premium Equivalent based on the Insurance Commission’s official ranking in 2020 and 2021.
Over the past year, the company has strengthened its efforts to promote financial inclusion by providing simple, accessible, and affordable life and health insurance products on its pioneering AI-powered app, Pulse.
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