Published by Malaya
Cirtek vaccination drive
Cirtek Holdings Philippines Corp. has extended its support to facilitate the drive to have majority of its employees vaccinated against COVID-19.
The company worked with Laguna Technopark’s vaccination facility by fielding its own set of medical volunteers, giving its employees easier access to a vaccination facility directly adjacent to the company’s facility.
This drove the workforce’s vaccination rate to 99.7 percent at present. The company’s medical team is moving forward to provide booster shots.
Smile Train bags Anvil
Smile Train, the world’s leading cleft-focused organization, was recognized at the 57th Anvil Awards, winning the Silver Award of its telehealth services.
Since the programs were launched in 2020, Smile Train’s speech telehealth and therapy programs in the Philippines have treated over 300 patients, providing them with more than 2,000 cleft care-related sessions—including speech therapy, nutritional support, breastfeeding guidance for mothers of babies with clefts, pre-surgical consultations, and psychosocial care.
From 2020 to 2021, Smile Train and its 26 partners supported a total of 2,125 sessions for over 223 individuals for speech services alone. Despite COVID-19 restrictions, patients still have access to Smile Train’s services and are still able to schedule surgeries in partner hospitals.
XTREME Appliances is holding its 2022 summer campaign, “Summer is XTREME Cool” which focuses on its cooling line-up: aircon, refrigerator, freezer and chiller.
The campaign runs until May 31, 2022.
By purchasing any of the participating products, one can get an appliance for free. Customers can enjoy up to P3,995 savings in the said period.
The promo is available at over 400+ XTREME Appliances stores nationwide.
ATBI program cites gains
The Agri-Aqua Technology Business Incubation (ATBI) Program, an initiative to diffuse and use the mature agriculture, aquatic natural resources technologies by developing a viable agribusiness through technology incubation, has supported 22 ATBIs.
Developed by the Department of Science and Technology and the Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development, the program sets its mark by upbringing 92 innovations, registering 263 businesses supported, 1,603 jobs generated and delivering a total of P68.7 million revenues from incubatees’ startup companies.
ATBI through the Central Luzon State University also supported the “Galing – PCAARRD Kontra Covid-19,” conducting its own relief operations where it provided 50 bags of relief goods to families and frontliners who are severely affected by COVID-19. It has also supported farmer-incubatees by providing them with mushroom fruiting bags to serve as assistance in starting their own business.
GBP supports Bulig-Basa project
Global Business Power Corp. (GBP), through its subsidiaries Panay Energy Development Corp. (PEDC) and Panay Power Corp. (PPC), provided assistance to the Department of Education (DepEd) Schools Division of (SDO) Iloilo’s literacy drive dubbed as the ‘Bulig-Basa project’.
GBP sponsored the printing of over 100 modules needed for the implementation of the program, aimed to upskill and re-skill teachers and facilitate learning for students amidst the ongoing pandemic.
‘Bulig-Basa’, which correspondingly translates to ‘help’ and ‘read’ in Ilonggo, is a COVID-19 response initiative developed by SDO-Iloilo to enable learners to read with understanding and appreciation. To do this, teachers will be provided with ‘Reading Links’ – a self-learning module specifically created by education experts to train for the enforcement of beginning and remediation reading during this period of remote and distance schooling.
The Bulig-Basa project is the regional contextualized version of the nationwide Brigada Pagbasa movement, an after-school reading program that is part of DepEd’s Brigada Eskwela, bringing together education partners and experts to help learners read and become functionally literate.
SME superapp Enstack now in PH
Southeast Asia’s first SME supperapp Enstack has helped over 10,000 merchants two weeks into its launch in the Philippines, providing these companies all the tools to run their small business directly from their mobile phones.
Enstack is a fast, free, and easy-to-use SME superapp that provides entrepreneurs with all operational, logistical, and financial tools they need in a single platform. On Enstack, businesses can accept orders from customers over the phone, in person, and online via its revolutionary Chat Store. With the Chat Store, merchants can automatically receive orders via their Facebook Messenger accounts, without replying to each message, and directly fulfill them using the Enstack app so they never miss a sale.
SMEs can also offer customers multiple payment options, including Cash On Delivery, GCash, Paymaya, BPI and Unionbank direct debit, and ship packages with integrated logistics providers such as Grab and 2Go directly from the app. Other management tools include sales and expenses recording, inventory management, and analytics. Enstack is free to use, reducing barriers among SMEs to digitize due to costs.
Behind Enstack is Oriente, who has provided Filipinos access to credit through their Shop Now, Pay Later services. With Enstack, it expands its focus on Southeast Asian SMEs and strengthens its mission to empower local merchants.
Enstack is available in the Philippines and Vietnam and is set to launch in other Southeast Asian countries in the next 18 months.
Security Bank conferred with STP Excellence Award
Security Bank Corp. was recognized by Standard Chartered Bank (SCB) with a Straight Through Processing (STP) Excellence Award for its seamless payment transactions made from 2019 to 2021.
SCB applauded Security Bank for achieving a STP rate of 98.9 percent for commercial payment processing in 2021. STP enables recipient banks to digitally receive and process payment transactions from the host bank, reducing inefficiencies and preventing delay in payment posting.
Only those who can achieve a rating of above 95 percent are considered as having excellent STP rates.
The COS Spring Summer 2022 campaign highlights transitional collections for women and men.
The casting presents a lineup of inspiring individuals, led by supermodel and activist Christy Turlington Burns; DJ, producer, and advocate for trans rights, Honey Dijon; and writer, editor, and curator Antwaun Sargent.
Actor Finn Wittrock joins models Rianne Van Rompaey , Chu Wong, Keisuke Asano, Awar Odhiang , Saye Wuo, and Liam Kelly.
Photographed by Paris-based Tim Elkaïm, each carefully composed portrait captures the collection in a classic Los Angeles setting; on the beach at sunset, within nature, and high above the vast and unending cityscape.
Promoting versatility, the collections adapt to everyday transitional moments. Styled by Clare Richardson, creative and poetic combinations build the foundation for this eclectic direction while refined craftsmanship is prominent throughout. Continuing its dedication to sustainability and a circular economy, 92 percent of the collection is sustainably sourced.
RCBC scores 5 Anvils
The Rizal Commercial Banking Corp. (RCBC) has snatched five Anvils in the 57th Anvil Awards organized by the Public Relations Society of the Philippines (PRSP) last February 24.
Considered as the Oscars of Philippine public relations, RCBC took home two Gold Anvils and three Silver Anvils. The Yuchengco-led bank was also among the three finalists for the Platinum Anvil.
The Platinum Anvil award is given to the most outstanding public relations tool that stands out among all the Gold Anvil awardees.
The Road to “#BuhayAsenso Financial Inclusion Caravan Series” and the “Utang ni Tatang” (best multimedia PR Tool category) were the Gold Anvil awardees.
The three Silver Anvils were: Madiskarteng Pilipino Music Video, #IponGaling promo, and the “Utang ni Tatang” for its digital PR program category.
Smart trading platform launched
Binomo, an international smart investment platform, has launched in the Philippines to give Filipinos the opportunity to experience more convenient and accessible financial technology and online trading platform.
Binomo is one of the world’s top platforms in FTT launched in 2014. The service offers trading on over 70 assets, a demo account to practice risk-free, ready-to-implement strategies, over 100 articles in the Help Center, and support chat. Binomo has mobile apps on all popular app markets.
Binomo offers Filipinos an opportunity to learn trading and financial analysis through detailed educational materials: video tutorials, pop-up tips, step-by-step strategies, a detailed glossary, a demo account and tournaments as well as any help in understanding how the platform works.
Binomo offers four account types: Demo, Standard, Gold, and VIP. Traders will be able to access more tools, bonuses, and benefits as their account upgrades.
Wellness, inclusion at TaskUs
TaskUs, a provider of outsourced digital services and next-generation customer experience to innovative and disruptive technology companies, has formed a dedicated Wellness & Resiliency team that ensures employees have the right tools and support to improve any feelings of stress, anxiety, or burnout.
TaskUs organized this team to address the common barriers that affect the wellness of Filipinas not only in the workplace but also at home.
TaskUs’ in-house life coaching program provides 24/7 access to a life coach or, in more serious cases, a psychologist or a psychiatrist for employees going through a hard time.
The program contributed to the 94 percent employee wellness satisfaction score in the fourth quarter of 2021.
With strong emphasis on diversity & inclusion, TaskUs has several Employee Resource Groups that serve as the voice for the groups they represent and provide counsel and recommendations in policy-making and benefits.
TaskUs has 15 days additional paid maternity leaves in the Philippines, on top of other government-mandated benefits. The company also has its NextGen Scholarship Program, the Professional Development Reimbursement program and the Tuition Reimbursement program, all projected to empower TaskUs’ female employees to further their education.
Jul 02, 2021
by VG Cabuag Business Mirror
Laguna-based Cirtek Holdings Philippines Corp. on Wednesday said it secured the approval of the Philippine Stock Exchange Inc. (PSE) for the company’s stock rights offering (SRO) with bonus detachable warrants, which could yield P1.37 billion.
The company has set a final offer price of P5.50 per entitlement right and a final exercise price of P5.50 for the bonus detachable warrants.
Cirtek said it intends to list some 249.44 million in common shares for the rights shares and 249.44 million in detachable warrants with 249.44 million in underlying common shares.
Dec 02, 2021
Published by Manila Standard
Cirtek Holdings Philippines Corp. said Thursday it obtained the approval of the Securities and Exchange Commission to issue P2.5-billion worth of preferred shares. Cirtek said in a disclosure to the stock exchange it would offer 50 million cumulative, non-participating, non-voting, non-convertible perpetual and redeemable preferred shares at P50 apiece. Cirtek will issue the preferred shares in two series, including Class B-2 Subseries C shares with a dividend rate of 6.5864 percent per annum, and Class B-2 Subseries D shares with a dividend rate of 7.7506 percent ...Read more
Aug 17, 2021
Published by Malaya
Cirtek Holdings Philippines Corp. said it has successfully raised P1.37 billion in funding through a stock rights offer (SRO) where existing shareholders subscribed to 249.44 million shares at P5.50 per share.
The SRO entitled a shareholder to buy one share from the pool of shares made available for every 1.68 Cirtek shares it owns. The company also included in the share sale one detachable warrant for each shares bought, which its holder can use to buy additional Cirtek shares at a price of P5.50, starting on the 12th month after the stock rights offer and until the 36th m...Read more