MANILA, Jan 31, 2023 - (ACN Newswire via SEAPRWire.com) - Smart Digital Retail Philippines would like to extend the opportunity for sponsors, attendees and partners to join the biggest event in the Philippine retail ecosystem. Hence, we made a decision to move the event to April 13, 2023. The event will take place at the same time and venue as planned.Smart Digital Retail Philippines will be moved to April 13, 2023 and will take place at the same time and venue as planned.The retail sector in the Philippines has been facing challenging times in the study period, which worsened due to the sudden COVID-19 pandemic. The majority forms of physical retail, including supermarkets and convenience stores, hypermarkets, specialty stores, department stores, and other small and medium store owners around the country, are facing challenges owing to the lockdown and physical distancing measures. Due to the fear of contamination, the state of Philippine retail, and the global economy as a whole, is entering a time of both hope and uncertainty. As countries continue to recover from the COVID-19 pandemic, there's been a concerted push to return to "normal."To mitigate the disruption caused by this crisis, Philippine retailers need to have a window of opportunity to reinvent their customer experience to meet consumer expectations. Technology is a vital tool that will enable businesses to enhance engagement through both online and physical channels. The transition will require a shift toward a more fully integrated technology ecosystem that can evolve future value propositions. Retailers are already recognizing the importance of technology to their operations, but fully seizing the opportunity will require a distinct retail strategy that incorporates greater partnership collaboration and investment in emerging tech.- Consumer behavior change- Retail performance in the Philippines- Digital commerce and omnichannel- Overcoming disruption for resilient supply chains in the future- The new retail experience through technology- Retail stores: a shift to digital, experiential shopping- New approach to workforce empowerment- Contactless Payments & Autonomous Shopping- Exploring the Philippine BNPL landscape- The rise of chatbots and voice commerce- AI, robotics, and VR will soon dominate retail: welcome to retail 2.0- Metaverse for the future of retailWith Smart Digital Retail Philippines, we will be looking at the challenges that are impacting the Philippine retail industry to create improved consumer experiences and more efficient creation. That said, this where all the leading retail companies and technology innovators meet and brainstorm in creating a sophisticated product development and present practical solutions that enable retailers and brands to stay relevant in these difficult times, connect with decision makers and enable the creation of new business opportunities. For sponsorship and speaking engagement, please contact management@smartdigitalretail.com or visit our event website at www.smartdigitalretail.com. Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
SINGAPORE, January 17, 2023 – (SEAPRWire) – Newly launched Filipino digital bank GoTyme Bank has partnered with global cloud banking platform Mambu to deliver an innovative digital banking solution that is aiming to improve access to high-quality financial services for Filipinos. Singapore-based Tyme Group, which has partnered with Gokongwei Group to launch GoTyme Bank in the Philippines, has had a long-standing relationship with Mambu, with the organisations working together for many years in South Africa, where Mambu powered South Africa’s TymeBank to transition into a fully-fledged digital bank. Nate Clarke, President and CEO of GoTyme Bank, said: “With the knowledge gained from transitioning TymeBank in South Africa to a fully digital bank, we knew we needed GoTyme Bank to be ‘born in the cloud’ in order to have the capacity to scale efficiently, so Mambu’s SaaS cloud-native, API-first banking platform was the obvious choice for us. We understood what the Mambu platform was capable of and we were confident it would enable us to ‘lift and shift’ the TymeBank digital bank concept from South Africa to the Philippines, a market very similar in some ways, but very different in others, particularly in terms of the regulatory landscape.” In a similar approach to TymeBank in South Africa, GoTyme Bank in the Philippines offers next-level digital banking services via kiosks set up in retail outlets belonging to Robinsons Retail Holdings Inc under the Gokongwei Group. GoTyme Bank will have 348 kiosks in operation by the end of 2023. These GoTyme kiosks, which will be opened right across the country, will enable access to secure, convenient and high-quality financial services to the millions of Filipinos who are currently excluded from the formal banking system. Continued Clarke: “Access to electronic payments has radically improved over the past few years in the Philippines, but access to basic accounts is only the beginning of what is required. Today, less than 3% of Filipinos have access to affordable credit such as a credit card, less than 3% have access to insurance, and less than 3% have access to high yield investments such as stocks. Every year, millions of smart, employed Filipinos fall short of their potential because they do not have access to high-quality banking products. At GoTyme Bank, we are here to unlock the financial potential of all Filipinos through next-level banking.” William Dale, Regional Vice President APAC at Mambu, added: “TymeBank in South Africa has proven to be incredibly successful in serving a customer base with similar levels of financial exclusion as the Philippines. Mambu and Tyme Group’s prior experience working together meant that we truly hit the ground running in the Philippines and didn’t need to ‘reinvent the wheel’ in a lot of instances. The result is an innovative, unique, and customer-centric digital bank that has been designed specifically to meet the needs of Filipinos. Like Tyme Group, our focus with everything we do is making banking better for everyone and improving access to financial services, so this partnership is rewarding on many levels.” Products and services on offer to customers via GoTyme Bank at launch include a free Visa debit card for in-person and online purchases, bank transfers via the mobile app, and a valuable rewards program, Go Rewards, via partner Robinsons. Enabling digital transactions is of particular importance to Filipino customers, with the Philippines identified as one of the world’s leaders in the digitisation of financial services, as reported by the Philippine News Agency. This increase in digital transactions has been driven both by the pandemic and by Bangko Sentral ng Pilipinas (BSP)’s commitment to reaching 50 per cent of total transactions being digital by 2023. Christopher Bennett, Chief Technology Officer at GoTyme Bank concluded: “With the Mambu / Tyme Group digital banking model now proving successful in two countries, planning is underway to launch similar digital banks in other parts of Asia. Powered by Mambu’s world-class cloud banking platform, we want to see our customer-centric digital banking concept have a positive impact on financial inclusion right across the Asia Pacific region. “By utilising Mambu’s cutting-edge platform and leveraging the country-wide reach of the Gokongwei Group’s ecosystem, GoTyme Bank has the unique opportunity to become deeply integrated into the lives of Filipino consumers.” GoTyme Bank will roll out a number of innovative new products and services through the banking app in the coming months. _ ENDS _ Media contact: rachel@crystalclearcommunications.com.au About Mambu Mambu is the world’s only true SaaS cloud banking platform. Launched in 2011, Mambu fast-tracks the design and build of nearly any type of financial offering for banks of all sizes, lenders, fintechs, retailers, telcos and more. Our unique composable approach means that independent components, systems and connectors can be assembled in any configuration to meet business needs and end user demands. Mambu has 900 employees that support 250 customers in over 65 countries – including Western Union, Commonwealth Bank of Australia, N26, BancoEstado, OakNorth, Raiffeisen Bank, ABN AMRO, Bank Islam and Orange Bank. www.mambu.com About GoTyme Bank GoTyme Bank, is regulated by the Banko Sentral ng Pilipinas and is a joint venture of the Tyme Group, a multi-country digital banking group, with members of the Gokongwei Group of companies, namely Robinsons Bank, Robinsons Land Corporation, and Robinsons Retail Holdings, Inc. GoTyme Bank aims to unlock its customers’ financial potential with the convenience and security of digital banking. With a high tech-high touch approach, GoTyme Bank combines the ease of immediate account opening with a personalised debit card released through kiosks located in shopping malls throughout the Philippines, plus the power of self-serve financial solutions accessible through an intuitive “all in one” banking app. These, along with other industry-leading offerings, set GoTyme Bank on-track to revolutionise banking in the Philippines. The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
MANILA, Sep 20, 2022 - (ACN Newswire via SEAPRWire.com) - Southeast Asia's most renowned FSI event, World Financial Innovation Series (WFIS) disrupted the Philippines' fintech market with its inaugural edition in the country on 16 - 17 August 2022 at the Sofitel Philippine Plaza in Manila. It also gave a major boost to the country's 'Digital Payments Transformation Roadmap 2020-2023' by bringing the creme de la creme of the fintech investors under one roof. The 2-day event caught everyone's attention including myriad media houses as it had a long list of solution providers who capitalized on the platform while showcasing their next-gen products for the Financial Services Industry. The list included Oz Forensics, Onfido, Snowflake, Kissflow, AppsFlyer, Nucleus Software, Seon, ComplyAdvantage, OutSystems, GBG, Expleo, Freshworks, Redstar, GrabForBusiness, Feedzai, Panamax Inc., Pennant Technologies, Genesys, Exist, Goldpac Fintech, Infobip, MoEngage and Mambu.During a media interview at the event, Gaurav Mehta (Head, Growth & Strategy - Pennant Technologies) said, "We are delighted to participate in the World Financial Innovation Series 2022, Manila. Owing to the changing macro-economic dynamics, the Philippines banking and financial services industry is witnessing rapid transformation. In particular the lending technology landscape in many banks and financial institutions is fragmented, prompting them to look at enhancing capabilities to meet changing consumer demand. Pennant with its future ready platform is geared to helping financial institutions in Philippines to unlock business value and create market differentiation."The event attracted 400+ technology and business heads from the leading Banks, Insurance & Micro-Finance institutions across the Philippines who kept the solution providers/exhibitors on their toes throughout the event. When asked about how the event platform helped SEON in promoting their products, Kaijie Ho (Senior Account Executive, SEON) expressed, "WFIS is great. It started 4 years ago in Jakarta and what I really love about this event is that it has all the great minds together at one place and it has garnered such a good ecosystem and vibe. It has delegates from all the senior banks, insurance companies, fintech companies and these happen to be all ideal customer profiles that we are trying to target. It's really good and we can't wait for the next one."WFIS 2022 - Philippines, also hosted the top 30+ thought leaders and experts from the industry who shed light on the most pressing FSI topics focused on the latest tech innovations through keynote presentations, fireside chats and panel discussions. The delegates made the best use of the Q&A sessions to interact with the experts. Some of the most pressing topics covered through the event included, 'Power Your Organization Forward with the Financial Services Data Cloud', 'How Digital Lending can contribute in economic upshift of Southeast Asia', 'Enabling AI-Powered Banking Services & Closing The Loop With The Customers', 'Open Banking Ecosystem', 'AML & Fraud Best Practices for Fintechs', 'To Blockchain or Not to Blockchain' and many others. During his session at the conference Manish Narayanaswami, Associate Director - Enterprise Sales (BFSI), Kissflow, gave an amazing overview on Low-code No-code, he expressed, "Low-code No-code is no longer just a buzzword, it's a design paradigm and a natural evolution to how we code for enterprise automation. That is why there is a $50 billion market for low-code no-code tools. The vision of democratizing automation and being able to rapidly develop applications by enabling citizen developers is driving more and more to get onboard the No-code Low-code bandwagon!"For more information about the event, log on to: https://philippines.worldfis.com/About TradepassProviding access to the global emerging markets, Tradepass brings together people, products and solutions to power events for unparalleled business and networking opportunities. Being the most accredited event company, it helps organizations: enter new markets, grow sales pipeline, close prospects, raise capital and identify the right solution-providers.As a deal facilitator, Tradepass is always determined about exposing the most agile liquid growth markets, to enable all-round scalability and growth.Media contact:Riya PR & Communication Lead riyaj@tradepassglobal.com+ (91) 80 6166 4401Tradepass Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
MANILA, Sep 15, 2022 - (ACN Newswire via SEAPRWire.com) - Seamless Philippines returns live online this 28-29 September, gathering over 1,200 attendees virtually to explore the latest innovations in the Philippines across the payments, e-commerce and banking sectors."With digital payments and ePayments in the Philippines forecast to account for 50% of transactions by 2023, also fuelling growth in e-commerce, there's no doubt that the Philippines is an exciting market," says Paul Clark, Managing Director - Asia for Terrapinn. "Over the last two years, these sectors have been at the forefront of innovation - now it's time to make sure they are positioning themselves for a post-pandemic era and securing their future growth. Seamless Philippines offers them exactly that, without even having to leave their home or office." Seamless Philippines will bring together over 60 expert speakers across four key content pillars: payments innovation, e-commerce strategy, e-commerce marketing and banking. Attendees will enjoy free access to all sessions on the platform, and all sessions will be available for on-demand viewing for one month after the event, truly offering attendees a chance to fit the event around their own schedule. Speakers at the event include:- Arvie De Vera, Co-Founder & Chief Executive Officer, UnionDigital Bank- Justin Rafael Francisco, Managing Partner, Great Deals E-Commerce Corp- Greg Krasnov, Founder & Chief Executive Officer, Tonik Bank- Christopher Bennett, Chief Technology Officer, GOtyme- Maria Gaitanidou, Chief Launch Officer, UnionDigital Bank- Mich Lim, Ecommerce Head, Robinsons Appliances- Rogelio Umali, Chief Technology Officer, GoodBank- Alvin Heinrich Chan, Digital Payments Lead, Philippine Seven Corp- Michael Magbanua, SVP, Group Head of Operations & Shared Services, Union Bank of the Philippines- Joanne Barbara De Jesus, AVP, Tribe Lead - Digital, ING Philippines- Johdel Ocampo, AVP ? Digital Strategies & Retail Journey, Metrobank- Timothy Cu, Head of Quick Commerce, Sarisuki- Glenn Richmond Ong, Director, Customer Experience, Cebu Pacific- Gus Poston, Chief Executive Officer, Netbank- Kevin Codamon, Head of Digital Technology, McDonalds PhilippinesMore than 20 sponsors, exhibitors & partners are supporting this year?s virtual edition of Seamless Asia, including Platinum Sponsors Edgio, Sift and Sompo Holdings. All sponsors & exhibitors will be hosting a virtual booth on the platform for attendees to find out more about their products and services, and interact directly with their teams.For event information and full conference agenda, visit www.terrapinn.com/SeamlessPhilippines2022 About Terrapinn:Terrapinn has been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the world does business. Whether you?re looking to make new connections, introduce product or inspire change in your industry, we invite you to join us as agitators of change. Terrapinn - spark something.Press attendance is complimentary. Enquiries should be directed to:Jia Le LimMarketing ManagerTerrapinn Asiajiale.lim@terrapinn.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
BANGKOK & MANILA, Sep 1, 2022 - (ACN Newswire via SEAPRWire.com) - aCommerce Group, the largest end-to-end e-commerce enabler in Southeast Asia, has partnered with Johnson & Johnson Philippines, part of the largest and most broadly based healthcare company in the world, in a joint venture to offer a sustainable packaging alternative and 100% recyclable solution in the Philippines.The solution was developed through a wide-scale collaboration to reduce e-commerce waste and create a sustainable future for e-commerce in Southeast Asia. The forecasted amount of plastic savings from this initiative would be equal to 106,684 SQM of plastic - the equivalent to the area of 254 basketball courts. The new packaging solution will replace previously non-recyclable packaging materials with new, innovative, green, and simple packaging, rolling out through the month of August.The paper used in the new packaging is 100% recyclable, non-toxic, and biodegradable. The innovative VoidFill acts as a box filler, replacing the plastic bubble wrap, and offers superior protection from damages by filling any excess space in the box. An additional cushioning layer is added to fragile deliveries to ensure outstanding control against shock and vibrations. The final layer, the Geami WrapPak layer, is added to avoid any surface abrasions, minor handling damages, and internal impact.Both companies' sustainability goals are naturally aligned. "As part of our responsibility to the environment. aCommerce will continue to invest in a sustainable future. We are excited to offer recyclable and biodegradable solutions using cutting-edge material engineering. We are truly fortunate to have like-minded partners such as Johnson & Johnson, that take action in order to create a cleaner future," said Paul Srivorakul, Group Chief Executive Officer at aCommerce."We are committed to doing our part to leave a better world for future generations. We are excited to pilot our green e-commerce initiative with Shopee and Lazada, knowing that this 'first step' will help reduce plastic pollution that goes into our landfills and into our waterways. We hope that our consumers will take advantage of the offer when they order their favorite Johnson & Johnson products through Shopee and Lazada. Our consumers win, and so will our environment," said Denise Peralta, Johnson & Johnson Philippines head of e-commerce.Visit Johnson & Johnson stores and shop responsibly and worry-free:Shopee: https://shopee.ph/johnsonandjohnson.phLazada: https://www.lazada.com.ph/shop/johnson-johnsonReleased for aCommerce Group by MT Multimedia Co LtdWasana Wongsiri (Jiab), T: +66 84 359 0659, E: wasana.w@mtmultimedia.comJohnson & Johnson (Philippines), Inc. (J&J Philippines) launched J&J PH Chat & Shop as its official social-commerce platform to simplify purchasing of various consumer health products. Powered by aCommerce, it delivers a fully-automated experience - 24/7 shopping via Chatbot with a live agent ready to assist customers during business hours, and seamless, easy navigation even for new users. https://facebook.com/jnjphchatshop.aCommerce (SET: ACOM) revolutionized e-commerce enablement with a cutting-edge platform & technology stack, EcommerceIQ. Proprietary software includes innovative omnichannel management software. We drive brands to achieve e-commerce goals with high-performance digital marketing, online store development & management, data & analytics, customer care, fulfillment, & delivery services. Visit https://acommerce.asia. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
SINGAPORE, Aug 22, 2022 - (ACN Newswire via SEAPRWire.com) - Spartan Capital Securities LLC ("Spartan Capital") issues Equity Research Report on Society Pass Inc. (Nasdaq: SOPA) ("SoPa").Click Here (on Society Pass website) to view the full Spartan Capital Equity Research Report. https://tinyurl.com/SocietyPassSummary Points:- Vietnamese e-commerce luxury goods retailer Leflair generated 92% of revenue and has strongly rebounded since being purchased out of bankruptcy and relaunched last year. Leflair posted a minor gross loss and a $694k operating loss. We look for four major catalysts for Leflair for the remainder of 2022: first, the launch of a new app, second, re-entry into the Philippines market, entry into the Indonesian market and the 4Q holiday shopping season.- The second largest contributor was online grocery and food delivery comprising 5% of revenue. This included both Pushkart, which offers supermarket delivery in the Philippines and Handycart which offers restaurant delivery in Hanoi, Vietnam. We suspect that Pushkart generated the bulk of this revenue. During 3Q, the company acquired Mangan, a restaurant delivery company in the Philippines, which should substantially increase segment revenue.- The telecom segment is represented by Gorilla which was acquired in May. It generated $5.6k in data sales revenue, versus our estimate of zero, ahead of the relaunch of its app planned for late 3Q.- Both telecom and merchant POS had modest positive gross income, while the other two did not, netting to effectively zero. The operating loss was $7.6 million, with the vast majority of this related to G&A. As revenue ramps, we expect each unit to first turn a positive gross margin, then cover operating expenses. As is normal for a growth company, we expect costs related to growth to keep operating income negative for at least the next year.- Lastly, EBITDA came in at negative $4.4 million and the company ended June with $28 million in cash. Our model has the company generating $10 million more in EBITDA losses through the end of 2023 before turning positive in 2024, so cash appears more than adequate. The Q also provided details on recent acquisitions, which are being done with modest cash outlays -- all seven closed acquisitions were done for about $1.2 million in cash, plus stock. So we see the opportunity for many more acquisitions as well with the cash on hand.About Society PassAs a digitally-focused loyalty and data marketing ecosystem in Vietnam, Indonesia, Philippines, Singapore and Thailand and with offices located in Angeles, Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Manila, and Singapore, SoPa is an acquisition-focused e-commerce holding company operating 6 interconnected verticals (loyalty, lifestyle, F&B, telecoms, digital media, and travel), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.SoPa's business model focuses on analysing user data through its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points. The Society Pass loyalty platform drives customer acquisition and increases customer retention for merchants. Since its inception, SoPa has amassed over 3.3 million registered consumers and over 205,000 registered merchants/brands onto its platform. It has invested 2+ years building proprietary IT architecture with cutting-edge components to effectively scale and support its consumers, merchants, and acquisitions.Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Leflair.com, Vietnam's leading lifestyle e-commerce platform, Pushkart.ph, a popular grocery delivery company in Philippines, Handycart.vn, a leading online restaurant delivery service based in Vietnam, Mangan, the leading local restaurant delivery service in Philippines, Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator, Thoughtful Media Group, a Bangkok-based, a social commerce-focused, premium digital video multi-platform network, and NusaTrip ("NusaTrip"), a leading Jakarta-based Online Travel Agency ("OTA") in Indonesia and across SEA. For more information, please check out: http://thesocietypass.com/.Media Contacts:PRecious Communicationssopa@preciouscomms.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
MANILA, Aug 12, 2022 - (ACN Newswire via SEAPRWire.com) - Southeast Asia's most renowned FSI event, World Financial Innovation Series (WFIS), is now ready to disrupt Philippines' fintech market with its inaugural edition in the country. To give an estimate of the country's burgeoning market, the first half of 2021 witnessed a total funding of $342 million garnered by the country's fintech firms, more than double of what was raised throughout 2020. The event platform that has had a history of sharing the latest intel from financial services industry and facilitating collaboration opportunities for the industry giants, will now be led by Oz Forensics, Onfido, Snowflake, Kissflow, AppsFlyer, Nucleus Software, Seon, OutSystems, GBG, Expleo, Freshworks, Redstar, GrabForBusiness, Feedzai, Panamax Inc., Pennant Technologies, Genesys, Exist, Goldpac Fintech, Infobip and Mambu at its upcoming edition. These organizations will have their exclusive exhibition booth at the event that's scheduled for 16 - 17 August 2022 at the Sofitel Philippine Plaza in Manila, Philippines. Apart from showcasing their cutting-edge solutions, some of them will also take part in the conference to share their crucial industry insights and expertise. One of the confirmed speakers, Serge Malgin (Chief Commercial Officer, Oz Forensics) while talking about his expectations from the event commented, "I'm glad to be part of the first Philippines edition of WFIS 2022. The Philippines represents a strategic market where we want to invest more in the upcoming years. Our panel will be focused on sharing our expertise around preventing and lowering the risk of biometric frauds. In fact, thanks to our cutting-edge technology we run more than 500,000 biometrics check every day across 18 + countries. In the last year 1% of total check was a potential attack successfully solved. Considering our major work in financial segment this turns into a very profitable technology that protected our clients from huge potential loss.""We take our role seriously and we try to develop always the best approach and a custom experience for all the different business we operate in. We cannot wait to work with all the Philippines companies that will attend the event," he added further.WFIS 2022 - Philippines, will host 400+ technology and business heads from the leading Banks, Insurance & Micro-Finance institutions across the country. The event will also feature 25+ most inspirational thought leaders and experts from FSI & Tech who will participate as speakers to shed light on the most pressing industry topics.The event will power two knowledge-packed days filled with insightful presentations, fireside chats, deep dive panel discussions, Q&As, live showcase of the best FSI & fintech solutions coupled with abundant networking opportunities and a lot more. Varun Budhiraja, Account Executive at AppsFlyer gave a noteworthy insight concerning the fintech landscape, he said, "When engaging with FinTech & banking apps, mobile has become central to the customer experience in the Philippines, which particularly peaked during lockdowns. While primarily the goal for marketers is to be able to optimize growth through different types of campaigns, the process to achieve this could be complex. Creating seamless user profile across every touchpoint is a messy, challenging and often incomplete process. That's why those that have the mobile-first and mobile-only advantages are standing out in the competitive market."WFIS 2022 - Philippines also aims to promote the objectives of Bangko Sentral ng Pilipinas (BSP) and aid the organization in sharing its vision with the country's FSI community.In a statement issued, following OutSystems' participation announcement, Gary Romualdez (Country Manager Philippines, OutSystems) expressed, "It's a pleasure to be participating in World Financial Innovation Series (WFIS), live in the Philippines where industries alike from FSIs and Techs get together to discuss and learn the latest disruptive innovations within the Fintech industry. OutSystems is glad to be part of this event to share about how OutSystems High Performance Low Code solution, is able to help financial institutions automate processes, integrate solutions, and build complex UI/UX to give their customers the best-in-class experience with layers of security, that reduces the effort of organizations to be compliant and secure on the cloud without sacrificing the speed and flexibility of developing custom solutions for their customers."For more information about the event, log on to: https://philippines.worldfis.com/About TradepassProviding access to the global emerging markets, Tradepass brings together people, products and solutions to power events for unparalleled business and networking opportunities. Being the most accredited event company, it helps organizations: enter new markets, grow sales pipeline, close prospects, raise capital and identify the right solution-providers.As a deal facilitator, Tradepass is always determined about exposing the most agile liquid growth markets, to enable all-round scalability and growth.Media contact:Riya Jain PR & Communication Lead riyaj@tradepassglobal.com+ (91) 80 6166 4401Tradepass Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
MANILA, Jul 5, 2022 - (ACN Newswire via SEAPRWire.com) - The launch of 'Digital Payments Transformation Roadmap 2020-2023' by the Central bank of the Philippines (BSP) has been driving major fintech investments in the country. To give an estimate, the first half of 2021 witnessed a total funding of $342 million garnered by the country's fintech firms, more than double of what was raised throughout 2020.To provide a common networking and intelligence sharing platform to Philippines' burgeoning FSI community, Tradepass is hosting World Financial Innovation Series (WFIS) for the first time in the Philippines at Sofitel Philippine Plaza in Manila on 16-17 August 2022. The event will attract 600+ technology and business heads from the leading Banks, Insurance & Micro-Finance institutions across the Philippines.In a statement issued, following her participation announcement as a speaker, Dr. Adrienne Heinrich (Vice President & Head of AI Center of Excellence, Union Bank of the Philippines) explained the pivotal nature of AI in her organisation, "AI is a major driver of the Aboitiz Group's Great Transformation into being the Philippines' first techglomerate. At Union Bank of the Philippines, an Aboitiz-led universal bank, we leverage technologies like AI to deliver innovative models and solutions allowing us to provide tailor-fit recommendations on products and services that truly address our customers' needs. AI also enables us to unlock new potential and opportunities across industries in the Group including banking and financial services, power, manufacturing, and beyond."WFIS 2022 - Philippines, will host the top 30+ thought leaders and experts from the industry who will shed light on the most pressing FSI topics focused on the latest tech innovations. The two-day event will also feature live showcase of the best FSI solutions from the leading organizations and a lot more.One of the confirmed speakers, Lito Villanueva (Executive Vice President and Chief Innovation & Inclusion Officer, Rizal Commercial Banking Corporation) while taking about the event expressed, "The bridge between the now and the future can only be built by disrupting the current conversation on technology and finance. These conversations spark limitless collaboration between leaders and trailblazers that create boundless innovation. The event is an opportunity to create not only innovation and disruption, but 'disrup-innovation'."Roy Joseph Roberto (Assistant Vice President (AVP) for Digital Transformation, Citibank Philippines) while appreciating the WFIS platform to address crucial CX challenges mentioned, "CX has now become the key differentiator while choosing a financial service platform. Realizing its inseparable nature with data science and AI, the financial services industry is gearing up with bigger investments in AI-enabled solutions. In that regard, World Financial Innovation Series serves as an ideal avenue for business and tech leaders to address the most pressing CX challenges and share how disruptive tech like AI can help bridge these gaps and transform DCX as we know it."Organizer and CEO of Tradepass, Sudhir Jena, expressed, "With the Philippines witnessing record high investments in fintech and the Filipinos becoming more and more savvy with digitization, WFIS 2022 - Philippines will be the perfect opportunity for the fintech providers to collaborate with the traditional financial institutions and other seeking organizations that want to incorporate fintech into their core infrastructure."Some of the confirmed speakers from the event include: DR. ADRIENNE HEINRICH, Vice President and Head of AI Center of Excellence, Union Bank of the Philippines; DHARMESH PATEL, Chief Data and Analytics Officer, East West Bank; LITO VILLANUEVA, EVP and Chief Innovation & Inclusion Officer, Rizal Commercial Banking Corporation; RONALDO BATISAN, Vice President - Customer Experience, Union Bank of the Philippines; ARIVUVEL RAMU, Group Chief Technology Officer, Tonik (Digital Bank); CARLOS TENGKIAT, Chief Information Security Officer, Rizal Commercial Banking Corporation and many others.About Tradepass:Providing access to the global emerging markets, Tradepass brings together people, products and solutions to power events for unparalleled business and networking opportunities. Being the most accredited event company, it helps organizations: enter new markets, grow sales pipeline, close prospects, raise capital and identify the right solution-providers. As a deal facilitator, Tradepass is always determined about exposing the most agile liquid growth markets, to enable all-round scalability and growth.For more information about the event, log on to:https://philippines.worldfis.com/Media contact:Riya JPR & Communication Lead, Tradepassriyaj@tradepassglobal.com+(91) 80 6166 4401Mohammed RaiyanTradepass Global+91 79964 11687 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
MANILA, Jun 21, 2022 - (ACN Newswire via SEAPRWire.com) - EDX Pte. Ltd. will host DX Leaders Strategy Forum Philippines 2022, taking place at Diamond Hotel Philippines on August 24 and online on August 25, featuring 40+ international and local speakers and facilitators.EDX Pte. Ltd. is proud to bring its DX Leaders Strategy Forum to the Philippines for the first time. DX Leaders Strategy Forum Philippines 2022 will open opportunities for collaborative discussions and effective learning and application of digital and operational strategies to uplift the digital landscape of the country. Initial list of speakers will be Francisco Castillo of Maynilad Water Services, Inc., LCol. Francel Margareth Padilla-Taborlupa of Philippine Army, Chito Jacinto of ISACA Manila, Marlon Sorongon of Maybank Philippines | Maybank NY, Dennis Crimen of Philippines Airasia, Paul John Pena of the Senate of the Philippines, and Lito Villanueva of RCBC.EDXchange sessions on relevant subjects such as modern data technologies, hybrid IT, cloud migration, future-proofing IT infrastructures, cybersecurity in a hybrid environment, zero-trust security, and AI-driven automation in a hybrid workplace can be expected.The two-day hybrid event is solely open to business decision makers and influencers who have been invited. EDX Pte. Ltd. is seeking CxOs, SVPs and VPs of Technology and Digital Transformation, as well as Heads of IT Operations from the top 100 firms in the Philippines. Invitations can be requested at https://philippines2022.edxevents.com/request-invitation/. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
MANILA, Feb 16, 2022 - (ACN Newswire via SEAPRWire.com) - Society Pass Incorporated (Nasdaq: SOPA), a leading Southeast Asian data-driven loyalty platform today announced that it has acquired Pushkart.ph, a leading online grocery delivery service in Philippines. As a result of the acquisition, Pushkart.ph becomes a wholly owned subsidiary of SoPa. The move kicks-off SoPa's expansion into the Philippines market. Leveraging on SoPa's capital, Pushkart.ph will focus on dramatically increasing on-demand grocery shopping services to more consumers and more retailers initially to Metro Manila and then to all of Philippines, while empowering grocery stores and restaurants to transform business models and further tap into online markets.The announcement comes at a time of accelerated rapid growth for delivery services in Philippines, with the internet economy expected to increase 24% from US$17 billion in 2021 to US$40 billion in 2025. Pushkart.ph is one of Philippines' fastest growing e-commerce platforms, with a customer base of over 125,000 registered users, over 35,000 social media followers, and more than 20,000 mobile app downloads.Commenting on this strategic step, Dennis Nguyen, Society Pass Founder, Chairman and Chief Executive Officer, said, "We are excited to combine the robust technology, retail and operational prowess of a high-performance brand like Pushkart.ph with our brand building experience. As the Phillipine consumer faces tremendous challenges with traditional brick and mortar shopping due to a plethora of hurdles including excessive wait times in traffic/public transport, SoPa aims to provide viable solutions by providing impetus to the growing e-commerce industry in the country. Given the immense potential of the Philippines market, we are very excited about the opportunities that this acquisition will bring in the upcoming months. In addition, as Philippines is a cornerstone of SoPa's VIP (Vietnam, Indonesia, and Philippines) acquisition strategy, I expect to acquire a number of market leading companies in Philippines over the next few months.""We are very excited to announce our acquisition by Society Pass, this partnership provides us the opportunity to not only grow our presence in Philippines but further our lead in the grocery delivery business. We are excited to join the larger SoPa ecosystem which will enable us to harness its integrated marketing and technology proposition while also strengthening our collective senior management resources. We foresee that this will lead to immediate returns in terms of cost optimisation and increased revenue generation. With the capital provided by SoPa, Pushkart.ph will now be empowered to provide enhanced end to end solutions to our customers and ensure an amplified market presence," said Michael Lim, CEO of Pushkart.ph.Society Pass is leveraging technology to provide a more personalized experience for customers in the purchase journey, to help transform the entire retail value chain in SEA. Through the acquisition of market-leading companies and partnership with visionary entrepreneurs in five distinct verticals: loyalty, lifestyle, travel, food & beverage and merchant software, the company expects to meet the region's growing demand for better and more convenient services. The acquisition is in line with SoPa's core vertical focus and facilitates proliferation of its growth in Philippines while increasing consumer opportunities and delivering enhanced value. This move will also help tap the increasing digital penetration in the online grocery shopping space in the Philippines market.The offering of this acquisition is of immense consequence to the end user with SoPa's aggressive new plans for Pushkart.ph which include adding more hubs in key cities and regions and increasing its manpower. SoPa aims to expand Pushkart.ph's technology offering, phenomenally increasing registered users to more than double to over 300,000 and driving app downloads to over 150,000 in 2022. Philippine consumers will be able to use Pushkart.ph app across 19 cities in Metro Manila with a guaranteed next day delivery service.About Society PassSociety Pass' customer loyalty and analytics platform has onboarded hundreds of thousands of registered consumers. Society Pass provides merchants with SoPa.asia - an online commerce platform for users, alongside with #HOTTAB Biz - a convenient order management app for business partners on SoPa.asia, and #HOTTAB POS - a specialized POS technology solution, a comprehensive system for payment, loyal customer management, user's profile analytics, and convenient financial support packages for small and medium-sized enterprises. All tools offered above will allow businesses to attract and retain customers through personalized interaction based on analytics with a high profit margin. In addition, SoPa operates Leflair.com, Vietnam's leading lifestyle e-commerce platform.SoPa is a loyalty and data marketing ecosystem that operates multiple e-commerce and lifestyle platforms across its key markets. Its business model focuses on collecting user data through the expected circulation of its universal loyalty points. It seamlessly connects consumers and merchants across multiple product and service categories fostering organic loyalty. From its launch in 2019, SoPa has amassed over 1.5 million registered users and over 3,500 registered merchants and brands. It has since invested 2+ years building proprietary IT architecture with cutting edge components to effectively scale and support its Platform's consumers, merchants, and acquisitions. For more information, please check out: http://thesocietypass.com/Media contactPRecious Communications for SoPasopa@preciouscomms.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
MANILA, Feb 8, 2022 - (ACN Newswire via SEAPRWire.com) - On 16-17 February 2022, the 6th annual EDUtech Philippines 2022 will once again bring together the Philippines' entire education ecosystem to discuss new strategies, pedagogies and innovations to bring 21st century quality education to all in the Philippines. The past two years have shown just how important technology in education truly is, and how being up to date on technology strategy, digital pedagogy and tools is crucial to the delivery of quality education in a hybrid environment. With that in mind, EDUtech Philippines has created a program tailored to the needs of an increasingly technology-driven education community.Gracing the event is the Guest of Honour, H.E. Secretary Leonor Magtolis Briones, Secretary of Education, Department of Education, Philippines (DepEd), who will open the event through a keynote address at 9am on 16 February, providing an outlook into the future of K-12 education in the Philippines and how the transformation roadmap will be achieved through partnerships, innovation and technology.Building on this, Fr. Aristotle C. Dy, SJ, PhD, President of Xavier School, Ms Bernadette Nacario, Country Director of Google Philippines and Mr Michael Ngan, President and General Manager of Lenovo Philippines will also be delivering keynotes about developing the workforce of the futures with 21st century skills and the importance of technology in enhancing learning for all. On Day Two, Executive Director David B. Bungallon of the National Institute for Technical Education and Skills Development (NITESD), Technical Education and Skills Development Authority (TESDA) will share how TESDA is providing accessible, high-quality technical vocational education and training. While Dr. Betty Cernol McCann, President, Silliman University discusses strategies for designing and implementing innovative digital solutions for your institution.In addition to the visionary keynotes, there will be a series of K-12 and Higher Education fireside chats and panel discussions by 100+ expert speakers on digital leadership, learning and teaching technologies, digital pedagogies digital schools and campuses and more.Additional featured speakers at EDUtech Philippines include:- Hon. Ma. Josefina "Joy" Belmonte, Mayor, Quezon City Government- Redilyn C. Agub, Chief, e-TESDA Unit, NITESD, TESDA - Abram Y.C Abanil, Director IV, Information and Communications Technology Service, Department of Education Philippines - Trish Anne Castro, Principal, De La Salle University Integrated School- Paul Anthony Notorio, Director, Center for Innovative Learning Programs, De La Salle University-Dasmarinas- Mark Sy, Chief Academic Officer, APEC Schools- Prof. Dr. Cheryl Peralta, Vice-Rector for Academic Affairs, University of Santo Tomas - Maria A. Roque, Chief, TESDA Specialist, National TVET Trainers Academy (NTTA), NITESD, TESDA - Estela Carino, Regional Director Cordillera Administrative Region, Department of Education Philippines - Samuel Gipson, Head of Secondary, Nord Anglia International School Manila - Dr. Dave E. Marcial, Director, Silliman Online University Learning - Enzo Flojo, Asst. Principal for Formation, Ateneo de Manila Junior High School - Catherine M. Catamora, Director, Education Technology Office, Far Eastern University - Francis Jim Tuscano, Grade School EdTech Coordinator, Xavier School San Juan - Prof. Ganemulle Lekamalage Dharmasri Wickramasinghe, PhD, Director General, Colombo Plan Staff College Besides the conference, the exhibition will feature a showcase of the latest education technologies by Google for Education, Lenovo, Canvas by Instructure, Coursera for Campus, REX Education, Globe Business, NEO by Cypher Learning, Linux Professional Institute and more. Supported by DepEd and TESDA, the two-day free-to-attend conference and exhibition is expected to gather over 5,000 education stakeholders from Philippines and beyond.About EDUtech Philippines 2022Date: 16-17 February 2022 | VirtualWebsite: www.terrapinn.com/Join-EDUtechPhil22 Admission is free for all Register for a free pass here: https://bit.ly/3sjFSw8 About TerrapinnTerrapinn is a business media company. Its products are trade exhibitions, conferences, training solutions and electronic and print publications. For more information, please visit www.terrapinn.com.Note: Press registration for the conference is compulsory and advance scheduling for speaker/ sponsor interviews is recommended. Press passes are strictly reserved for reporters, journalists, editors only. Final issuance of press passes is subjected to Terrapinn's discretion. For your complimentary press pass, please contact the following:Jessica FoongTerrapinn Pte LtdJessica.foong@terrapinn.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
Singapore, Jan 26, 2022 - (ACN Newswire via SEAPRWire.com) - Asia's integrated healthcare company, Clearbridge Health Limited ("Clearbridge" or the "Company" and together with its subsidiaries, the "Group"), is pleased to announce that Labnovation Technologies, Inc.'s ("Labnovation") COVID-19 Antigen Rapid ("ART") Test Kit, which is imported by Clearbridge and registered for use in the Philippines, has been recently approved by the Food and Drug Administration ("FDA") of the Philippines for self-testing. Highlights:- The Group is currently the only approved importer of Labnovation's COVID-19 ART Test Kit in the Philippines as the Group has submitted and obtained the relevant regulatory approval for the ART Test Kit to be imported and used in the country- There are currently only two COVID-19 ART Test Kits, one by Labnovation and the other by Abbott Panbio, that have been recently approved by the FDA of the Philippines for self-testing - Potential for the Group to work with various channel partners and point-of-care networks (such as clinics and pharmacies) in the Philippines to market and distribute Labnovation's COVID-19 ART Test Kit across the country - The Philippines has a population of approximately 110 million and according to the WHO, there are currently more than 3.4 million confirmed COVID-19 cases in the Philippines(1)On 24 January 2022, the FDA of the Philippines approved two self-administered COVID-19 ART Test Kits, one from Labnovation and one from Abott Panbio, in compliance with the application requirements listed in the FDA Advisory No. 2021-0684 entitled "Guidance on the Process for the Issuance of Special Certification for COVID-19 Test Kits Based on FDA Memorandum No. 2020-006 and FDA Memorandum No. 2021-009." These kits can be used by individuals to detect SARS-CoV-2 antigen from nasal swabs of probable COVID-19 patients(2).To ensure safety, efficacy and quality of these COVID-19 test kits, the FDA of the Philippines also advised the public and stakeholders to source for the COVID-19 test kits from FDA authorized importers including the Group who are holders of the Certification for the COVID-19 test kits or their duly authorized FDA licensed distributors.The Group is currently the only importer and distributor of Labnovation's COVID-19 ART Test Kit in the Philippines as the Group has submitted and obtained the relevant regulatory approval for the ART Test Kit to be used in the country.As a pan-Asian private healthcare group, Clearbridge has built up a business presence and network across regional markets. With deep experience and familiarity working with health authorities, medical supply chain logistic partners and healthcare institutions, the Group has established a procurement and distribution platform that offers a wide range of healthcare products, which includes the Sinopharm COVID-19 vaccine, COVID-19 ART Test Kit, COVID-19 Antibody Test Kit, among others, in Singapore and other countries in the region.Mr. Jeremy Yee, Executive Director and Chief Executive Officer of Clearbridge, said, "In the Philippines, daily cases hit record highs in January following the detection of local cases of the Omicron variant. COVID-19 self-testing is one of the key risk-reduction measures that protect communities and we have seen self-testing becoming a vital part of the pandemic response in various countries.With the approval of Labnovation's COVID-19 ART Test Kit for self-testing in the Philippines, we believe that it can serve as an important tool for routine testing by the public, offering some peace of mind at the same time.We aim to work with various channel partners and point-of-care networks (such as clinics and pharmacies) in the Philippines for Labnovation's COVID-19 ART Test Kit to gain wider market outreach and accessibility."(1) https://covid19.who.int/region/wpro/country/ph (2) bit.ly/3r45gGQAbout Clearbridge Health Limited(Bloomberg Code: CBH:SP / Reuters Code: CLEA.SI / SGX Code: 1H3)Aligning with the emerging healthcare trends in Asia, Clearbridge Health Limited is a healthcare group that currently provides a broad base of healthcare solutions via 4 distinctive strategic business units, comprising healthcare systems, medical clinics/centres and strategic medical technology investments, in nexus of high demand across Asia as well as investments within the global healthcare sector that are EBITDA positive or at an inflection point with a clear line of sight to profitability.For more information, please visit us at www.clearbridgehealth.com.Issued on behalf of Clearbridge Health Limited by 8PR Asia Pte Ltd.Media & Investor Contacts: Mr. Alex TAN Mobile: +65 9451 5252Email: alex.tan@8prasia.comThis press release has been prepared by the Company and has been reviewed by the Company's sponsor, United Overseas Bank Limited (the "Sponsor"), for compliance with Rules 226(2)(b) and 753(2) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. This press release has not been examined or approved by the SGX-ST. The SGX-ST assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release. The contact person for the Sponsor is Mr David Tham, Senior Director, Equity Capital Markets, who can be contacted at 80 Raffles Place, #03-03 UOB Plaza 1, Singapore 048624, telephone: +65 6533 9898. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
MANILA, Dec 17, 2021 - (ACN Newswire via SEAPRWire.com) - Global renewable energy developer, service provider and distributor, BayWa r.e., was named 2021 Solar Company of the Year in the 'Distributor' category at the Philippines Solar Week Leadership Awards 2021. Winners of the awards were assessed by a panel of judges via a transparent, research-backed approach, with BayWa r.e. attaining the award by registering consistent, robust, performance of their solar distribution business in the Philippines despite considerable market challenges.Leonides Lechoncito, Sales Manager for BayWa r.e. Philippines, said "This recognition from the industry was made possible due to the support and trust that our customer base has placed in BayWa r.e., and serves as a testament to the capabilities of our team. A customer-centric approach to business, coupled with the hard work and dedication of our local team, are elements that have led our successes thus far, and will continue to spur BayWa r.e. Philippines on to greater heights. These awards reaffirm our commitment to driving a greener and sustainable energy transition for the Philippines, and we will work towards continuing this success in the coming years."Despite the challenges presented by the global pandemic and an emerging energy landscape, the BayWa r.e. Philippines team has successfully attained significant growth milestones, applying relevant expertise from its global experience that has made it a leading provider of solar photovoltaic systems worldwide. Since its establishment in 2019, BayWa r.e. Philippines has served a wide range of customers, fulfilling more than 300 deliveries to various projects. Most recently, the team secured projects to supply products for a major fast-food chain and completed a project for Maynilad Water Services, a wastewater services provider in Metro Manila. The team has registered more than 400% revenue growth from 2019 to 2020 and is expected to close significant growth at the end of 2021.With BayWa r.e. approaching its second anniversary in the Philippines, growth prospects for BayWa r.e. Philippines remain strong in 2022, with the team is looking at a new business pipeline comprising more than 100MW across Residential and C&I markets. The team will be focusing on expanding its sales operations, warehouse and its suite of products and services to better meet the evolving needs of local customers, accelerating the country's renewable energy transition. Alongside plans to double the headcount for its local office, BayWa r.e. has also embarked on plans to open new warehouses in Cebu to cover Visayas and Mindanao region in 2022.About Philippines Solar WeekThe Philippines Solar Week Conference and Awards is an annual event, held virtually this year, with over 500 attendees, 30 speakers, and 25 award categories, spanning across more than 4 sessions and 1000 steam views. The highly coveted Philippines Solar Week Leadership Awards 2021 is a platform that recognizes and honors the best performers and achievers in the solar industry, focusing on leaders, projects and products from companies that have made a positive impact on the solar industry in the Philippines, and encourages the use of solar energy locally and globally. The awards celebrate innovations in the industry, and the hard work and determination behind them.BayWa r.e. AG (BayWa r.e.):At BayWa r.e. we r.e.think energy - how it is produced, stored and can be best used to enable the global renewable energy transition that is essential to the future of our planet.We are a leading global developer, service supplier, distributor and solutions provider and have brought over 4GW of energy online and manage over 10GW of assets. We are also an Independent Power Producer with an expanding energy trading business.BayWa r.e. works with businesses worldwide to provide tailored renewable solutions. Operating 100% carbon neutral, we are also committed to our own sustainability journey.Every day, we are working hard to actively shape the future of energy in a diverse, equitable and inclusive workplace.Our shareholders are BayWa AG, a EUR17.2 billion global business, and Energy Infrastructure Partners, a leader in energy infrastructure investment.Contact information:PRecious Communications for BayWa r.e. AGTan Yanchang / Foo En JingTel: +65 6303 0567E-mail: baywa-re@preciouscomms.comBayWa r.e. AGSalim PathanMarketing Manager, APACTel: +66 62 698 7162Email: salim.pathan@baywa-re.comMark CooperCorporate CommunicationsTel: +49 89 383932 3611E-mail: mark.cooper@baywa-re.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
MANILA, PHILIPPINES, Dec 17, 2021 - (ACN Newswire via SEAPRWire.com) - Global renewable energy developer, service provider and distributor, BayWa r.e., was named 2021 Solar Company of the Year in the ‘Distributor' category at the Philippines Solar Week Leadership Awards 2021. Winners of the awards were assessed by a panel of judges via a transparent, research-backed approach, with BayWa r.e. attaining the award by registering consistent, robust, performance of their solar distribution business in the Philippines despite considerable market challenges. Leonides Lechoncito, Sales Manager for BayWa r.e. Philippines, said "This recognition from the industry was made possible due to the support and trust that our customer base has placed in BayWa r.e., and serves as a testament to the capabilities of our team. A customer-centric approach to business, coupled with the hard work and dedication of our local team, are elements that have led our successes thus far, and will continue to spur BayWa r.e. Philippines on to greater heights. These awards reaffirm our commitment to driving a greener and sustainable energy transition for the Philippines, and we will work towards continuing this success in the coming years." Despite the challenges presented by the global pandemic and an emerging energy landscape, the BayWa r.e. Philippines team has successfully attained significant growth milestones, applying relevant expertise from its global experience that has made it a leading provider of solar photovoltaic systems worldwide. Since its establishment in 2019, BayWa r.e. Philippines has served a wide range of customers, fulfilling more than 300 deliveries to various projects. Most recently, the team secured projects to supply products for a major fast-food chain and completed a project for Maynilad Water Services, a wastewater services provider in Metro Manila. The team has registered more than 400% revenue growth from 2019 to 2020 and is expected to close significant growth at the end of 2021. With BayWa r.e. approaching its second anniversary in the Philippines, growth prospects for BayWa r.e. Philippines remain strong in 2022, with the team is looking at a new business pipeline comprising more than 100MW across Residential and C&I markets. The team will be focusing on expanding its sales operations, warehouse and its suite of products and services to better meet the evolving needs of local customers, accelerating the country's renewable energy transition. Alongside plans to double the headcount for its local office, BayWa r.e. has also embarked on plans to open new warehouses in Cebu to cover Visayas and Mindanao region in 2022.About Philippines Solar WeekThe Philippines Solar Week Conference and Awards is an annual event, held virtually this year, with over 500 attendees, 30 speakers, and 25 award categories, spanning across more than 4 sessions and 1000 steam views. The highly coveted Philippines Solar Week Leadership Awards 2021 is a platform that recognizes and honors the best performers and achievers in the solar industry, focusing on leaders, projects and products from companies that have made a positive impact on the solar industry in the Philippines, and encourages the use of solar energy locally and globally. The awards celebrate innovations in the industry, and the hard work and determination behind them.BayWa r.e. AG (BayWa r.e.): At BayWa r.e. we r.e.think energy - how it is produced, stored and can be best used to enable the global renewable energy transition that is essential to the future of our planet.We are a leading global developer, service supplier, distributor and solutions provider and have brought over 4GW of energy online and manage over 10GW of assets. We are also an Independent Power Producer with an expanding energy trading business.BayWa r.e. works with businesses worldwide to provide tailored renewable solutions. Operating 100% carbon neutral, we are also committed to our own sustainability journey.Every day, we are working hard to actively shape the future of energy in a diverse, equitable and inclusive workplace.Our shareholders are BayWa AG, a €17.2 billion global business, and Energy Infrastructure Partners, a leader in energy infrastructure investment.Contact information:PRecious Communications for BayWa r.e. AGTan Yanchang / Foo En JingTel: +65 6303 0567E-mail: baywa-re@preciouscomms.comBayWa r.e. AGSalim PathanMarketing Manager, APACTel: +66 62 698 7162Email: salim.pathan@baywa-re.comMark CooperCorporate Communications Tel: +49 89 383932 3611E-mail: mark.cooper@baywa-re.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Nov 18, 2021 - (ACN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, held a launch ceremony today (November 18th) for the second of two large multi-role response vessels (MRRVs) being built to order for the Department of Transportation in the Republic of the Philippines. The ceremony took place at the Enoura Plant at MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture. The christening and handover of this vessel is planned for September 2022 after cruised to Manilla in May 2022. Additionally, the christening and handover of the first vessel is scheduled for May 2022 after cruised to Manilla in early March, following outfitting work and trial runs.Launch Ceremony of Second MRRV for the Philippines Department of TransportationMRRVs play an important role in severe-weather rescue missions and patrolling in offshore and coastal zones. This vessel has an overall length of approximately 96.6 meters, with a maximum speed of 24 knots and a cruising range of up to 4,000 nautical miles. It is equipped with secure communication systems for Exclusive Economic Zone (EEZ) surveillance, a helideck and hangar for helicopter operations, an underwater remotely operated vehicle for subsurface search and survey, high-speed rubber boats and other essential equipment for maritime domain awareness and maritime law enforcement operations. The ship will make a significant contribution to enhancing the speed of response to maritime accidents or crimes on the Philippines EEZ and high seas.This project is being financed by the Japanese government under a yen loan agreement corresponding to Phase II of the Maritime Safety Capability Improvement Project concluded between the Republic of the Philippines and Japan in October 2016. The project terms call for application of Japanese technology, notably expertise in shipbuilding.Going forward, Mitsubishi Shipbuilding will continue to build vessels for both domestic and overseas use that deliver exceptional fuel efficiency and environmental performance, contribute to the safety and security of society, and support international contributions, working with its customers for the advancement of society.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
MANILA, Sep 9, 2021 - (JCN Newswire via SEAPRWire.com) - Hitachi, Ltd. (TSE: 6501 / "Hitachi") today announced that Hitachi Elevator Philippines Corporation (Hitachi Elevator Philippines), a subsidiary of Hitachi, Ltd., operates in the installation, and maintenance of elevators and escalators in the Philippines has received an order for 67 units of elevators and escalators for the development of the North-South Commuter Railway (NSCR) Phase 1 project as its first railway system project. The 38 km long railway line that connects Malolos in the Province of Bulacan to Tutuban in Manila, serving 7 stations, to benefit more than 200,000 commuters daily. The NSCR is part of an overall initiative by the Philippine government to expand the existing mass transportation in metropolitan Manila and adjacent areas to lessen the traffic congestion in and around the capital city.External View of North-South Commuter RailwayThe project includes two contract packages by two different contractors. Contract Package 1 named CP01 will be constructed by Taisei-DMCI Joint Venture and awarded Hitachi Elevator Philippines, 13 elevators and 26 escalators for four stations of Valenzuela in Manila, Meycauayan, Marilao, and Bocaue in the Province of Bulacan. Contract Package 2 called CP02 which will be constructed by Sumitomo Mitsui Construction Co., Ltd. has also awarded Hitachi Elevator Philippines to deliver 8 elevators and 20 escalators for three stations of Balagtas, Guiguinto, and Malolos in the Province of Bulacan. All the units are to be installed by May 2023.Philippine's elevator and escalator market size is projected to grow at a CAGR of 5.5% from 2019 to 2025(1). Due to the COVID-19 pandemic, building projects around the globe has been halted and the demands have dipped from around 3,700 units of elevators and escalators per year to around 2,300 units in the Philippines. As the world navigates towards the next normal, it is anticipated that elevator and escalator industry will expand significantly on account of increasing urbanization and rapid expansion of construction sector in the coming years.Hitachi will continue to broadly use cutting-edge digital technology, including the Internet of Things ("IoT"), to develop products and services, and globally provide safe, secure and comfortable elevators and escalators as well as services that help resolve customers' issues in urban spaces to contribute to the realization of a sustainable society. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Jul 26, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, held a launch ceremony today (July 26th) for the first of two large multi-role response vessels (MRRVs) being built to order for the Department of Transportation in the Republic of the Philippines. The ceremony took place at the Enoura Plant at MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture. The christening and handover of this first vessel is scheduled for May 2022 after cruised to Manilla in early March, following outfitting work and trial runs. The launch ceremony for the second vessel is scheduled for November 18, 2021, with christening and handover planned for September 2022 after cruised to Manilla in May 2022.Launch Ceremony of First MRRV for the Philippines Department of TransportationMRRVs play an important role in severe-weather rescue missions and patrolling in offshore and coastal zones. This vessel has an overall length of approximately 96.6 meters, with a maximum speed of 24 knots and a cruising range of up to 4,000 nautical miles. It is equipped with secure communication systems for Exclusive Economic Zone (EEZ) surveillance, a helideck and hangar for helicopter operations, an underwater remotely operated vehicle for subsurface search and survey, high-speed rubber boats and other essential equipment for maritime domain awareness and maritime law enforcement operations. The ship will make a significant contribution to enhancing the speed of response to maritime accidents or crimes on the Philippines EEZ and high seas.This project is being financed by the Japanese government under a yen loan agreement corresponding to Phase II of the Maritime Safety Capability Improvement Project concluded between the Republic of the Philippines and Japan in October 2016. The project terms call for application of Japanese technology, notably expertise in shipbuilding.Going forward, Mitsubishi Shipbuilding will continue to build vessels for both domestic and overseas use that deliver exceptional fuel efficiency and environmental performance, contribute to the safety and security of society, and support international contributions, working with its customers for the advancement of society.Overview of MRRV No. 1Owner: Republic of the Philippines (Department of Transportation)Loa: Approx. 96.6 metersBeam: Approx. 11.5 metersDepth: Approx. 5.2 metersGross tonnage: Approx. 2,260 tonnesCapacity: 67 persons (17 officers and 50 crew)Maximum speed: 24 knotsAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)
MANILA, Jun 24, 2021 - (ACN Newswire via SEAPRWire.com) - With an aim to aid Philippines' Department of Information and Communications Technology (DICT) in promoting the National Cybersecurity Plan 2022 and to develop counter-intelligence against the burgeoning state of cyber-crimes in the Philippines, Tradepass has taken the initiative to launch PhilSec 2021, scheduled for 13-14 July, 2021.The virtual event will be a one-of-a-kind platform that will have dignitaries from the leading public and private organisations across the Philippines including the government bodies like National Computer Emergency Response Team (CERT-PH), Department of Information and Communications Technology (DICT), UN Office on Drugs and Crime (UNODC) and the Armed Forces of the Philippines.The event will also have a massive turnout from a wide range of sectors including but not limited to E-commerce, Retail, Banking, Healthcare, Automobile, etc. and is expected to be a game changer for the cybersecurity landscape in the country.As one of the leading guest speakers for PhilSec 2021, Allan S Cabanlong, the voice behind the Philippines' National Cybersecurity Plan, will address over 700 cybersecurity enthusiasts including CISOs, CIOs, CTOs, Heads of IT, Risk, Compliance, Fraud, Cyber Law & Forensics from various public & private enterprises along with the leading cybersecurity solution providers.Tradepass' CEO, Sudhir Jena, commented that, "The event is a crucial feat for Tradepass as it will help the Philippines in strengthening the ties between its government and the many enterprises from the public and private sector, thereby enhancing collaboration on matters related to tackling cyber-threats."As per the Philippine National Police (PNP) Anti-Cybercrime Group, there have been 869 online scams between March to September 2020 which is 37 percent higher compared to the same period in 2019 that witnessed 633. In that context, PhilSec 2021 will shed light on the most advanced, new-age measures and technologies that can secure the nation and its many enterprises against cyber threats, including the most pressing topics like Cloud Security, Digital Forensics, Zero Trust, etc.This exclusive platform will present ample provisions to ask questions to the leading cybersecurity experts, visit sponsor booths, download brochures, have text and video-based interactions, along with a lucrative chance to network, collaborate and do business with the world-class solution providers.Some of the confirmed speakers include: ARNOLD P. DE CASTRO, Director, National Computer Emergency Response Team (CERT-PH); ALLAN S CABANLONG, Former Assistant Secretary - Cybersecurity & Enabling Technologies - DICT, Author - National Cybersecurity Plan 2022; ALEXANDRU CACIULOIU, Cybercrime and Cryptocurrency Programme Coordinator, UNODC; LCOL FRANCEL MARGARETH TABORLUPA, Information Systems Officer: National Task Force Against COVID - 19, NIC - Emergency Operations Center, Armed Forces of the Philippines; MEL MIGRINO, Group CISO, Meralco; ALEX USTARIS, Group CIO & CTO, Hijo Group of Companies; MARLON SORONGON, CISO, Maybank; EDISON DUNGO, Director of IT, Manila Doctors Hospital; ANGEL T. REDOBLE, Chief Information Security Officer, PLDT Group; JASON BRASILENO, Vice President - Head for Business & Enterprise Risk, Lazada; and many more.Key Sponsors:Cyware, Okta, BeyondTrust, Tenable, LogRhythm, Claroty, IntSights, Callsign, Checkmarx, YesWeHack, Thales, Onfido and more.For more information about the summit, log onto www.philsecsummit.comMedia contact:Shrinkhal SharadPR & Communication Executive shrinkhals@tradepassglobal.comTradepassAbout TradepassTradepass provides elite business networking platforms across the Middle East, North Africa, APAC and Europe that connects the world of tech buyers with market intelligence, insightful use-cases, and innovative solutions from global experts, investors, and business partners. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
Manila, Philippines / SEAPRWire / Philippines is a new battlefield for Digital Currency giants. They leverage AsiaPresswire's Philippines press release distribution services to build their brand image and draw awareness of investors. Marketers in the Digital Currency industry are recognizing the value of the digital trend in Philippines as it relates to content campaigns and branding purposes. By analyzing customer and internal data in Philippines, businesses can optimize their operational procedures and effectively serve wider audiences. For Digital Currency company executives, AsiaPresswire's Philippines Press Release Distribution Platform offers effective content marketing channels through its large networks of varied downstream partners. To achieve their marketing target in Philippines, content marketers and SEO specialists will need to take advantage of the potential that data science possesses in relation to campaigns, according to Sammy Tisa, CEO of CryPlusTo. In a recent press release in Filipino language, CryPlusTo discussed the importance of business and customer data and how said data can be crucial when developing campaigns and navigating an industry. CryPlusTo went on to mention how these data sets can transform abstract concepts into concrete strategies that build market shares over time in Philippines. "The impact of data science in Digital Currency industry is simply irrefutable," said Sammy Tisa, AsiaPresswire's VP of Southeast Asia PR distribution Dept. "Digital Currency companies that have invested heavily in data analytics and research should promote said investments through content campaigns. With AsiaPresswire's Press Release Distribution Platform, CEOs and content marketers can capitalize on this trend to increase brand awareness among new consumers and potential stakeholders." AsiaPresswire's platform offers both Philippines and international distribution for full order customization. Digital Currency firms can publish their stories on trusted news outlets and deliver their content to the right outlets, journalists, and industry publications to rank in search and capture a wider audience in Philippines. "Launching a press release distribution campaign that touches on major trends within a given space is a great way to expand brand awareness online and influence key people in your industry," said Alex X, SVP at AsiaPresswire. AsiaPresswire's Press Release Distribution Platform has assisted Digital Currency companies with their marketing and communications campaigns by providing the tools necessary to launch relevant content campaigns. Realize the potential of your industry's trends with AsiaPresswire's Philippines Press Release Distribution Platform. About AsiaPresswire AsiaPresswire is a marketing firm that offers customized online press release distribution solutions. These online PR distribution solutions are for PR firms, agencies, organizations & Corporates. It includes e-mail delivery directly to Editors who are targeted to media editors at newspapers, magazines, and broadcast outlets like TV and news/talk radio stations. They also cooperate with significant wire services like ACN Newswire, JCN Newswire, Dow Jones Factiva, Reuters Eikon, Bloomberg Terminal, Yahoo news etc. AsiaPresswire also provides a package to target different regions of the world and too different languages. These regions include Southeast Asia, Japan, South Korea, Vietnam, Philippines, Indonesia, Malaysia, Philippines, Singapore, China (Hong Kong, Taiwan), Russia, USA, UK, CA, AU, DE & many other countries. The Press releases could also be translated to English, Korean, Japanese, Chinese, Vietnamese, Thai, Malay, Indonesian, French, Portuguese & Spanish. Media contact Company: AsiaPresswire Contact: Swallow Fox Email: hk@AsiaPresswire.com Skype: hk@AsiaPresswire.com Telegram: @AsiaPresswire Website: http://www.AsiaPresswire.com The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )
SINGAPORE - The central banks of Singapore and the Philippines issued a statement of intent on Monday (Nov 16) that they will work together on data connectivity. Unlike data localisation - the practice of keeping data within a country's borders - data mobility in the financial sector supports economic growth and the development of innovative financial services, said the Monetary Authority of Singapore (MAS) and Bangko Sentral ng Pilipinas (BSP). They added that it also makes cross-border money laundering, terrorist financing patterns and proliferation financing easier to detect, and that it helps with the defence against cyber attacks and the management and assessment of risk on a global basis. In the statement, MAS and BSP said they intend to promote the adoption and implementation of policies and rules that facilitate three goals with respect to the operation of banks and non-bank financial institutions that fall under their jurisdiction. To begin with, the institutions should be allowed to transfer data, including personal information, across borders by electronic means, provided this activity is for the conduct of business within the scope of their licence, authorisation, or registration. Second, the location where these institutions can store and process their data should not be restricted as long as both central banks have full and timely access to the data necessary to fulfil their regulatory and supervisory mandate. Lastly, if they are unable to access the data, institutions should have the opportunity to remedy the lack of access before being required to use or locate computing facilities locally. The statement of intent issued on Monday is not legally binding and is subject to the domestic laws and regulations of Singapore and the Philippines. It also does not restrict MAS or BSP from adopting or maintaining measures to protect personal information, personal privacy and confidentiality of individual records and accounts. Any transfers of data, including personal information, across borders through electronic means by institutions should be subject to the applicable laws, rules and regulations of Singapore and the Philippines on data privacy, security, governance, and confidentiality of individual records and accounts, said MAS and BSP. The statement of intent comes after MAS chief Ravi Menon said in June at the Caixin Summer Summit 2020 that cross-border trade could benefit from deepening digital and data connectivity. Mr Menon said then that digital connectivity and keeping supply chains open will be cornerstones in international cooperation in the wake of the coronavirus pandemic. More on this topic Related Story Cross-border trade could benefit from greater digital connectivity: MAS chief International trade transactions involve a large number and variety of parties, and the process is "highly fragmented, paper-based, slow and cumbersome", he said. "Harmonising and digitising trade documents, and putting them through a seamless digital platform will help make trade more efficient and secure," he added.



















