Sun Life Financial Resilience Report: Millennials are most financially literate generation of Filipinos, but many lack a plan of action

Sun Life Asia released its inaugural “Sun Life Asia Financial Resilience Index”, which examines the financial behaviours and beliefs of individuals in eight markets across the region, and the barriers they face in building long-term financial security. The Index shows that while Filipino millennials have the highest levels of financial resilience, many still lack a plan of action – a key pillar of financial resilience.   

The Sun Life Asia Financial Resilience Index is based on a survey of 8,000 people in eight markets: the Philippines, Malaysia, Singapore, mainland China, Hong Kong SAR, India, Indonesia, and Vietnam.  Key findings include: 

Millennials are the most resilient generation

The survey of 1,000 people in the Philippines found that millennials are the most financially resilient generation. They are more optimistic about their financial futures than their Baby Boomer peers (80% vs. 71%) and Gen Z peers (80% vs. 71%), but just as optimistic as their Gen X peers (80% vs. 80%). They are more likely to make financial decisions based on research than older generations (50% vs. 46%).  

Sun Life's Next Big Gig Caravan: Learn how purpose, passion, play, and profit can make you live brighter as a Sun Life Financial Advisor

Sun Life Philippines, the No. 1 life insurance company in the country in terms of premium income[1], net income[2], and total assets[3], is hosting a series of recruitment events for Financial Advisors called the Live Brighter Forum in select cities nationwide.

The series of Live Brighter Forums aims to amplify “The Next Big Gig”, a campaign that invites Millennials and Gen Zs to become a Sun Life Financial Advisor as their next income generating gig. It will kick off at the SMX Convention Center in Davao City on April 27, and continues at the Zuri Hotel in Iloilo City on May 11, SMX Convention Center at Pasay City on May 18, and Laus Group Events Centre in San Fernando, Pampanga on June 15.

Potential candidates joining the event can expect to learn more about how being a Sun Life Financial Advisor can give them unlimited income opportunities, the freedom of time, and help develop a sense of purpose as they help their clients achieve a more secure and brighter life. Real-life stories from Sun Life Financial Advisors will also be shared.

Championing Talents in Tech: Sun Life Global Solutions unveils more comprehensive diversity programs for 2024

Sun Life Global Solutions (SLGS) Philippines team and Executives, (First row from left to right) Maria Theresa  Claudio – Associate Director for Governance Risk and Compliance, SLGS Philippines, Pooja Mehtani - General Counsel of SLGS, Tarun Sareen - Managing Director, SLGS, Shiv Ranjan - Head of Technology Management and Transformation, SLGS, Nathalie Bernardo - Vice President and Site Head, SLGS Philippines, Atty. Hannah Anonuevo - Head of Legal, SLGS Philippines, Tony Alonzo – Head of Enterprise Infrastructure Services, SLGS Philippines, (Second row from left to right) Dang Lopez- Head of Human Resources and Communications, SLGS Philippines, Rajeev Bhardwaj –  VP & Chief Human Resources Officer SLGS, Kshitij Kohli – Head of Operations, SLGS Philippines, Criselda Torres-Gomez – Director of SLGS Philippines Canadian Call Center, Ada Mae David – Head of Portfolio Management, SLGS Philippine, Lea Ruiz- Head of Services and Products, SLGS Philippines and Lowell Tortona – Head of Digital Delivery, SLGS Philippines  during the SLGS Quarter 1 Town Hall and Innovation Month Grand Finale.  

Alsons Dev Offers Fun Activities For Families at Northtown Center

Northtown Center is an integrated town center with retail, commercial, and institutional components. 

This summer, fun-filled venues and ventures await in Northtown Center, an up-and-coming lifestyle hub by Alsons Development and Investment Corporation (Alsons Dev) in Cabantian, Davao City.

Sprawling spaces for outdoor fitness, play, and sports

Personal Finance Checkup: Top 10 smart financial decisions to make today

There is no better time to make the best financial decisions than now.

Every day is a chance to make better choices and one of the areas of our lives that would greatly benefit from a determination to improve and make smarter decisions on would be on finances. The less financial stress to deal with, the better life becomes. The more one gets to take care of financial wellness means greater chances of financial freedom.

According to the 2023 Financial Readiness Survey of major life insurance firm Sun Life Grepa Financial, Inc. (Sun Life Grepa), Filipinos have a clear sense of financial priorities but lack financial preparedness when it comes to securing protection instruments to achieve goals and address needs. Only less than 10% of the respondents claim full financial preparedness. Those who are fully or somewhat prepared when it comes to having emergency funds are at 34%, 32% are prepared for major goals, 32% readiness for personal health and 30% for investments.

PRUBabies receives back-to-back international awards

Pru Life UK's free insurance coverage for newborns lauded for making protection accessible to more Filipino families

PRUBabies, Pru Life UK's free insurance coverage against select infectious diseases for newborns, bagged Silver and Bronze Stevie® Awards for Community Relations/Public Service Communications and Innovative Achievement in Diversity & Inclusion, respectively.

As a testament to the company's commitment to driving financial inclusion in the country, Pru Life UK offered 175,000 free vouchers of PRUMedCare – Select Infectious Diseases coverage for newborns from 7 days to 11 months old, helping parents protect their newborns against the cost of getting sick from any of the covered four infectious diseases – Dengue, Typhoid, Measles and Malaria. 

QBO, ITC, DTI, Propel Filipino Startups onto the Global Stage through ARISE Plus Philippines

Twelve Filipino youth-led startups were unveiled during the kickoff event, marking the beginning of a transformative journey as they go on a 14-week training program designed to bring their business towards international success.

The Arise Plus Philippines Young Entrepreneurs (YE)! Boost Accelerator Program, funded by the European Union and led by the International Trade Centre, in partnership with the Department of Trade and Industry - Competitiveness Innovation Group (DTI-CIG) and QBO Innovation Hub, has just launched its 3rd Cohort. Twelve Filipino youth-led startups were unveiled during the kickoff event, marking the beginning of a transformative journey as they go on a 14-week training program designed to bring their business towards international success.

Filipinos Gain Easier Access to Insurance with SeaInsure and Igloo Partnership

IN PHOTO (L-R): Christopher Young, Insurance Business Leader, SeaInsure General Insurance Co., Inc.; Rebecca Dela Cruz, President, SeaInsure General Insurance Co., Inc.; Stephen Segismundo, General Manager, Igloo Insurance Brokers Inc.; Jose Arceo, Head of Placement, Igloo Philippines.

Filipinos can now easily access various personal and family insurance plans from SeaInsure Philippines through Igloo Philippines’ AI-powered app, Ignite by Igloo.

Landco Pacific Corporation Receives Accolades from the Global Economics Awards

Landco Pacific Corporation, a subsidiary of Metro Pacific Investments Corporation (MPIC) helmed by Chairman Manuel V. Pangilinan, has received accolades at the 2023 Global Economics Awards recently held in Bangkok.

From left: H.E. Artur Dmochowski, Ambassador of Poland in Thailand presented the Global Economic Awards to Landco Pacific Corporation as the Best Leisure Real Estate (Resort Estate) Developer of the Year to Landco Pacific Corporation as represented by CFO Marycris Panganiban, Sales Admin & Documentation Head Rosemarie Napao and Treasury Head Carmela Landicho.

In its citation, Global Economic Awards named Landco Pacific Corporation as the Best Leisure Real Estate (Resort Estate) Developer of the Year. In the leadership category, Landco CEO Erickson Y. Manzano was recognized for his Outstanding Contribution Towards Sustainability in Real Estate Development.

Landco Pacific Corporation Acclaimed as One of the Top Real Estate Companies by BPI Bank

Landco Pacific Corporation, known for pioneering premium landscapes for more than 30 years and a subsidiary of Metro Pacific Investments Corporation (MPIC), was recently conferred the honor of being one of the Top Local Developers in Title Delivery Performance at the “Padayon Together We Can Do More” 2024 BPI Partners Appreciation Night held at the Fort Santiago. BPI’s annual recognition program aims to acknowledge the bank’s valued partners and promotes excellence in the real estate industry.

“We are grateful to BPI, one of our key partners, for recognizing our commitment to deliver exceptional service to our clients so that they will have a smooth processing of their loan proceeds upon completion of necessary documents. This allows our clients to breathe life to their dream of leisure and resort living through hassle-free investment on Landco Pacific’s latest development of BeachTowns in Batangas and Davao,” stated Marycris L. Panganiban, Chief Finance Officer, Landco Pacific Corporation.

Alsons Dev earns top honors at the BPI Partners Appreciation Night

Alsons Dev’s recent recognition from BPI is a testament to its commitment to providing efficient, high-quality real estate services.

Alsons Development and Investment Corporation (Alsons Dev) solidifies its standing as an award-winning real estate developer in Davao City by garnering accolades in title delivery and production during the recent Bank of the Philippine Islands (BPI) Partners Appreciation Night. The event, which took place on March 14th at Plaza Moriones, Fort Santiago, recognizes BPI's top performing business partners in various categories.

While Alsons Dev has been commended at the BPI Partners Appreciation Night for the past five years, this year holds particular significance as it clinched the top honors, being the Top 1 Local Developer in Title Delivery Performance. This award underscores the company’s timely turnover of property titles to homeowners. Additionally, Alsons Dev was adjudged the Top 5 Local Developer in Production based on the number of BPI housing loans booked by the company’s clients. The developer's capacity for both speed and volume are a testament of its efficiency and dedication to top-notch customer service. It also underscores that Alsons Dev properties are a trusted choice for numerous homebuyers.

EastWest Unveils Exclusive Visayas and Mindanao Credit Card Promos: Your Ticket to Paradise

EastWest Bank, one of the fastest-growing banks in the country today and a leader in innovative banking solutions and value-filled customer offerings, is thrilled to announce a series of exclusive credit card promotions across the Visayas and Mindanao regions. Aimed at enriching the travel and dining experiences of its cardholders, these promos celebrate EastWest Bank's commitment to providing unparalleled value and convenience to its customers.

Exclusive Deals for Every Traveler

From the pristine beaches of Boracay to the vibrant city life of Cebu and Davao, EastWest cardholders can now enjoy an array of discounts and perks whenever they travel. With offers spanning deluxe accommodations, sumptuous dining, and exciting leisure activities, EastWest ensures that every getaway is both memorable and affordable.

Angel Investors Network Pushes for Advocacy and Intentionality in Empowering Filipina Entrepreneurs

Tina Di Cicco, Chairperson of MAIN’s Gender Lens Investing Committee, discussing MAIN's Gender Lens Investing strategy.

Navigating the capital-raising environment is especially challenging for women. But the investing community and the startup ecosystem can benefit from a two-pronged approach: advocacy and intentionality.

This was the statement of Tina Nepomuceno-Di Cicco, the Gender Lens Investing Committee Chairperson of Manila Angel Investors Network (MAIN), the Philippine’s largest network of angel investors, in the recently concluded FoundHer Forum, organized by a Filipino-based women-led inclusion studio, Imaginable Impact at KMC One Ayala in line with Women’s Month.

In her keynote speech, Di Cicco highlighted that advocating for and intentionally supporting women-led businesses will encourage more women to succeed and attract and grow investments.

Sun Life Philippines Continues Tradition of Being a Trusted Brand among Filipinos

Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) Sun Life of Canada (Philippines), Inc. once again bags the Platinum Award in the Life Insurance category of the recently concluded Trusted Brand Awards organized by Reader’s Digest.

The Platinum Award is considered the highest honor in the Trusted Brand Awards, as there is only one sole winner bestowed with such honor. The recognition is wholly based on consumer voting, where over 8,000 individuals in the Philippines, Singapore, Malaysia, Hong Kong, and Taiwan rate 50 categories of products and services according to their trustworthiness, credibility, quality, value, innovation, social responsibility, and understanding of customer needs. In the Life Insurance category, Sun Life was once again chosen by Filipinos as their most trusted brand.

Japan ranks as top leisure travel destination for Filipino travellers: Visa study

Visa, a global leader in digital payments, has published its most recent Green Shoots Radar study. This quarterly report analyzes consumer sentiments across various sectors, such as financial services, commerce, and travel. The study reveals a surge in travel frequency among Filipino travelers. According to the data, 24% of surveyed Filipino respondents have traveled overseas for leisure or business purposes in the past year. This trend aligns with a broader travel resurgence across Asia Pacific, with 37% of those surveyed reporting overseas travels within the same period.

Japan emerged as the top leisure destination for Filipino travelers, with 32% visiting in the past year. Singapore (22%) followed by Hong Kong (21%) and Thailand (18%) were the next most popular destinations. For business trips, Singapore led the list with 25%, followed by Japan (23%), and the United States tied with Hong Kong at 18%.

Pru Life UK solidifies its leadership position as 2023’s top life insurer in the Philippines

The life insurance company's NBAPE amounted to a total of Php 10.54 billion for 2023

Pru Life UK ranks number one in the life insurance industry in the Philippines, garnering the highest New Business Annual Premium Equivalent (NBAPE) as reflected in the recently released Insurance Commission (IC) report as of 31 December 2023.

The report shows that Pru Life UK achieved an impressive NBAPE of Php 10.54 billion for 2023 representing 11% growth. The company broadened the gap with the closest competitor by a margin of Php 472 million. NBAPE serves as the universally accepted performance metric used to assess sales performances of the life insurance industry in the Philippines.

Owing to the company's innovative offerings, Pru Life UK also leads in total premium income from variable life insurance products, amounting to over Php 45.7 billion as of 31 December 2023.

UnionDigital Bank leads the pack in digital banking, emerges as ‘Best Digital Bank in The Philippines’

UnionDigital Bank is named 'Best Digital Bank in The Philippines’ by TAB Global’s Global Excellence in Retail Finance Awards 2024

The digital bank subsidiary of Union Bank attributes the recognition to the exceptional growth it achieved in 2023, ending the year with a 65% market share in loans and 25% in deposits among digital banks 

Within the period, the bank's loan-to-deposit ratio surged from 58% at the end of 2022 to an impressive 69%, surpassing that of its digital banking counterparts in the country 

In a period defined by technological innovation and digital transformation, UnionDigital Bank, the digital bank subsidiary of Union Bank of the Philippines, emerged as a leader in digital banking as it secured the distinguished title of the ‘Best Digital Bank in The Philippines’. Honored by the esteemed Global Excellence in Retail Finance Awards 2024, an award-giving body in the industry led by TAB Global, this achievement underscores UnionDigital Bank's relentless pursuit of innovation and its dedication to providing cutting-edge digital banking solutions. 

Cool adventures await: Home Credit’s travel essentials for an epic summer getaway

Capture your sun-soaked memories with the hottest smartphones, available via Home Credit's 0% interest installment deal this dry season

Now that the hot weather is finally upon us, we are gearing up for remarkable out-of-town trips to fully embrace the summer vibes. It is time to make the most of the season and beat the intense heat, whether that means taking a refreshing dip in cool pools or beautiful beaches, exploring breathtaking nature, or embarking on a relaxing road trip.

Road trip this long weekend? Here are some tips to keep it hassle-free

With the long weekend coming up, many Filipinos are gearing up for a well-deserved break. Road trips are a popular choice during this time, especially to beach destinations as summer approaches.

Here are some tips to ensure your road trip is smooth sailing:

Plan your route.

Long weekends may involve road closures, maintenance, or construction, so it’s best to check the news for updates. Navigation apps will prove helpful during this time. The holiday rush may also affect traffic, so beat other travelers by leaving earlier, if possible.

Check your car.

A vehicle in top condition will be your best friend during a long journey. Ensure your tires are aligned and balanced, car fluids and battery are secure, and lights and turn signals work. Inspect your car before the trip to ensure everyone’s safety.

The changing face of insurance: How tailored microinsurance products are key to relevance and adoption in the Philippines

For most people, understanding insurance boils down to the four most common types: life, health, auto, and long-term disability. While awareness of insurance importance is increasing, the aforementioned traditional insurance products are failing to resonate with many people due to various reasons including affordability, accessibility, and relevance. These factors have largely contributed to the low insurance penetration in the Philippines, which stands at 1.68% as of September 2023. 

This is where microinsurance is changing the game as insurtechs and insurance companies have introduced personalized microinsurance products that cater directly to the unique lifestyles and needs of Filipinos as they go through various stages of their lives. As an insurtech, Igloo and its partners have been instrumental in facilitating a wide array of microinsurance products that safeguard the unique needs of digital natives and underserved sectors. These products run the gamut from travel insurance, to electronics protection, e-commerce purchase protection, and even protection for the gamers’ health.

Diversify Your Financial Portfolio With Offshore Assets Through Sun Grepa Peso Asset Builder

Tailored to address the financial priorities of affluent individuals seeking to grow their wealth, Sun Life Grepa Financial, Inc. (Sun Life Grepa), a major insurer in the Philippines, has launched the Sun Grepa Peso Asset Builder (ProIncome) to give clients the opportunity to easily access global investments using their Peso assets.

The Sun Grepa Peso Asset Builder (ProIncome) is a Peso-denominated, single-pay investment-linked life insurance product that offers fixed annual income payout of 4.30% for seven years. It also provides capital protection, allowing one to get back their full single premium at policy maturity or at the end of the seven-year holding period.

"We want to provide a complete financial solution to our clients to address their changing financial needs. With Sun Grepa Peso Asset Builder (ProIncome), clients can enjoy regular earnings while preserving their capital," Sun Life Grepa President Richard S. Lim said.

Sun Life empowers business owners to soar in the Year of the Dragon

Three Expert Insights from Francis Kong and Rex Mendoza 

Sun Life Philippines, the first and longest-standing life insurance company in the Philippines, ignited a spirit of entrepreneurial ambition at its recently held event, “Unleashing the Dragon in You:

Business and Financial Health Check for Winning 2024”.  

The event provided valuable insights and actionable strategies from two renowned guest speakers, Francis Kong and Rex Mendoza. 

Heart’s Top International Travel Hacks You Can Do With The GCash App

The country’s leading finance super app, GCash, ushered in a new era of progress with the release of its pilot "GCash Spotlight" episode, featuring their newest ambassador Heart Evangelista-Escudero. 

In the episode, now available to stream online, Heart talks about how important GCash is as the ideal travel companion for her and her husband, Senator Chiz Escudero - from navigating their daily itinerary to making sure they have options to pay for their needs.

Sun Life Opens More New Business Offices to Reach More Clients

Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) Sun Life of Canada (Philippines), Inc. (Sun Life), the country’s longest standing life insurance company, welcomes more clients with the opening of more New Business Offices (NBO) to address the growing needs of Filipinos seeking out solutions to help them achieve a brighter and more financially secured future.

Nine NBOs recently opened their doors to welcome clients, with five located within Metro Manila, two in Central Luzon, one in Visayas, and one in Mindanao. These numbers bring the total number of active NBOs to 96 nationwide with all strategically located to best service clients and advisors alike.

“Helping clients achieve a lifetime of financial security has always been our core purpose as an organization and we aim to drive towards this by reaching them wherever they may be in the country,” says Al Quitangon, Chief Distribution Officer of Sun Life Philippines. “By bringing ourselves closer to our clients, we fulfill our commitment to put them at the center of everything we do.”

Palawan ProtekTODO: Protecting Filipino Families with Affordable & Flexible Insurance

According to the Philippine Insurance Commission, insurance penetration in the Philippines remains remarkably low at 1.75 However, the increasing digitalization and financial literacy among Filipinos are expected to play pivotal roles in its enhancement. The Commission also urges the industry to help in spreading financial literacy and awareness to increase financial inclusion in the county. The Palawan Group of Companies, a trusted leader in pawning and financial services, is responding to the government's call by taking a significant step towards enhancing insurance accessibility in the Philippines. This initiative entails expanding its ProtekTODO microinsurance products through various channels.

Pru Life UK’s newest product guarantees 4% annual cash payout for 7 years

Customers also get 100% cash back and up to 125% coverage with PRULove Wealth 

Taguig City, 8 March 2024 – Leading life insurer Pru Life UK launches a new product designed to provide Filipinos life insurance coverage while also allowing them to earn returns with rates comparable with those from a high-yielding time deposit. PRULove Wealth uniquely offers 4% annual cash payout, 100% cash back, and up to 125% insurance coverage.*   

Regardless of market conditions, customers can rely on a guaranteed 4% annual payout based on the single premium paid. PRULove Wealth complements their traditional bank deposit and fixed income-generating financial assets. The steady earnings assure them and their families cash to celebrate life's milestones, boost personal savings, and provide an extra layer of financial cushion.   

Sun Life and Johnson & Johnson Ink Deal to Promote Healthier Lives for Filipinos

Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) Sun Life of Canada (Philippines), Inc. (Sun Life) and Johnson & Johnson Philippines, Inc. (J&J) reaffirm their commitment to helping Filipinos achieve a brighter life as they enter a collaboration that promotes financial literacy and health and wellness.

The two stalwarts in their respective fields have agreed to promote financial-medical literacy among their target audience through a series of talks and forums. This kicked off with webinars on mental wellness and prostate cancer awareness for Sun Life employees, followed by a two-part financial planning session for J&J employees. 

Suj Peso Maximizer (Proincome): Maximizing Peso Assets With Sun Life's New Investment-Linked Insurance Product

In a bid to address Filipinos’ need for more avenues to invest in offshore investments, Sun Life of Canada (Philippines), Inc. has launched the Sun Peso Maximizer (ProIncome) to provide clients easy access to global investments using their Peso assets.  

The Sun Peso Maximizer (ProIncome) is a Peso-denominated, single-pay investment-linked insurance product that offers annual income payout of 4.30% for seven years. It also provides capital protection, allowing one to get back their full single premium by policy maturity or at the end of the seven-year holding period.  

“With the Sun Peso Maximizer, clients can enjoy regular earnings even prior to the maturity of their policy. This will provide them with extra income to address various needs such as growing their wealth while preserving their capital,” Sun Life Philippines Chief Distribution Officer Al Quitangon said.  

SEA’s Outbound and Inbound Tourism Spending Rebounds on Ant Group's Cross-Border Merchant Networks During Chinese New Year Break

Alipay overseas transactions surpasses 2019 numbers

According to data from Alipay+, the Philippines is the 8th most popular destination globally for Alipay+ users, with South Korea, Hong Kong, and Malaysia as the top 3 markets

Other international e-wallets supported by Alipay+ cross-border mobile payment solutions, as well as international card-enabled Alipay accounts, see inbound travel surge

Data from Ant Group shows a robust rebound of consumer spending during the first back-to-normal Chinese New Year (CNY) travel season after the COVID-19 pandemic, especially in cross-border tourism.  

Robust recovery, diversified destinations, and scenarios for Chinese tourists in the region are made possible by Alipay+

Save Big with Home Appliances, Electronics: Home Credit, SM Appliance Center’s Grand Pay Hulugan Returns with Exclusive Deals

Enjoy a 0% installment rate, up to 30% exclusive discount from Feb 1 to Mar 31, 2024 

Home Credit Philippines (HCPH), one of the country’s leading consumer finance companies, is once again in partnership with SM Appliance Center bring you exciting deals on a diverse selection of home appliances and electronics through the Grand Pay Hulugan promo.  

Running from Feb 1 to Mar 31, 2024, this limited-time offer empowers you to turn your dreams into reality by allowing you to purchase your desired appliances and devices or upgrade your existing ones at unbeatable prices. With this collaboration, you can take advantage of a 0% interest rate on various installment payment terms and enjoy up to 30% Home Credit-exclusive discount on select items.  

Tips To Shop and Pay Wiser, Better This Year from Heart Evangelista and GCash

In its pilot GCash Spotlight episode, GCash ushered in its new era of financial progress together with its newest ambassador, Heart Evangelista. 

GCash, the Philippines’ top finance app and largest cashless ecosystem, continues to revolutionize personal finance for all Filipinos by inspiring wiser, better spending, saving, and investing habits. 

According to Heart, GCash has become an integral part of her daily life, making shopping and saving “more fun and more sulit.” She adds, “I still love to express myself with the pieces I buy and invest in, but I've also been more financially smart, especially with how I shop. I'm looking for the best value for money and treat every purchase, no matter how small, as a smart investment.” 

Sun Life and Beyond Sport foster healthier communities with grand opening of revamped basketball court in Calauan, Laguna

Sun Life Philippines and Sun Life Financial-Philippines Foundation, Inc., in line with their commitment to help Filipinos live healthier lives, recently unveiled a newly refurbished basketball court in the Legacy of Light Village, a resettlement model community that the Sun Life Foundation helped develop in Calauan, Laguna. This is part of the “Hoops + Health” program, a PHP 40 million partnership with Beyond Sport, a global sport-for-social-change organization. The program aims to leverage the power of basketball to encourage physical activity and promote healthier lifestyles by renovating basketball courts across Asia.

More Cash-in Outlets for PalawanPay Sukis Through ECPay Partnership

Good news to all PalawanPay loyal customers! Now, PalawanPay sukis can conveniently cash in at over 30,000 partner outlets and sari-sari stores affiliated with ECPay, spanning across the entire Philippines. This builds upon Palawan's existing partnership with Electronic Commerce Payments (EC PAY) Inc. the leading provider of electronic customer purchase and payment systems in the Philippines. 

This dynamic partnership strengthens and complements PalawanPay’s network, which includes Palawan Pawnshop - Palawan Express Pera Padala’s 10,000 strong branches and authorized outlets, along with over 25,000 PalawanPay’s Moneyshops, offering sukis even greater ease when transferring funds to their accounts for various e-wallet transactions.

Sun Life Global Solutions Philippines gets GPTW certified for the 4th time in a row

Sun Life Global Solutions (SLGS) Philippines, a microcosm of the global insurance and asset management leader Sun Life, is once again certified as a Great Place to Work (GPTW) organization. This is the fourth consecutive year that the organization has received the certification and its first GPTW certification since it repositioned itself as Sun Life Global Solutions. The Survey results draw on the employees’ responses to an independently conducted survey by the Great Place to Work®, the global authority on workplace culture. 

The outcome of the survey shows that 93% people feel that they are fairly treated regardless of their sexual orientation, 92% experienced fair treatment regardless of race or gender, 91% affirm that the workplace is physically safe, and 90% shared a sense of pride on being a Sun Lifer and would like to tell others about the same.

With you through thick and thin - A captivating story of love with Home Credit

Finding the ideal gift amidst the whirlwind of wedding preparations is no easy feat, yet it's one task that’s filled with heartfelt intentions. For Diana Marie Mendoza-Zabala, a devoted high school Science teacher, this quest took on a new significance just three days before saying “I do.” to Joemar Zabala, a secondary Social Studies educator. 

The perfect partner para sa love 

Wedding preparations are usually hectic, and Diana and Joemar weren’t exempted from this experience when they started getting ready for their big day. Their schedules and calendars were so full that Diana almost forgot to buy a special gift for Joemar, a present that was intended to be a part of their vows.  

Pru Life UK welcomes every future & every new year with PRU Love!

Agents, customers, and executives celebrate the Year of the Wood Dragon 

With a strengthened commitment to providing better financial protection for every Filipino, Pru Life UK celebrates the start of the Year of the Wood Dragon. Over 200 Pru Life UK leaders, agents, clients, and employees joined and wished everyone PRU Love during the festivities held at the heart of its Escolta branch in Binondo Manila.

The leading insurer maintains its top position in New Business Annual Premium Equivalent & total Premium Income from Variable Life Insurance products according to the Insurance Commission’s Life Insurance Sector Quarterly Statistics for Q3 2023. Read the recent NBAPE report.

‘Baka online shopping scam ‘yan!’ Here’s how to legit check online sellers

GCash shares how to verify online scammers and safeguard Send Money transactions with the Express Send Checkbox

The attractiveness of sales and low prices, coupled with the time pressure that comes with it, make everyone vulnerable to online scammers, including fake sellers.

Financial super app GCash shares the signs you should watch out for when checking an online seller and how to do a ‘legit check’ with the help of the Express Send Checkbox for Send Money transactions, a unique feature designed to help you verify the legitimacy of your Send Money transaction.

Breaking Records: PalawanPay Hits 15 Million Mark of Registered Users in Less Than 2 Years

With 15 million satisfied users and growing, PalawanPay is one of the fastest-growing e-wallet apps in the country today

PalawanPay, the innovative e-wallet app from the trusted and leading Palawan Group of Companies, celebrates a remarkable milestone with 15 million delighted users in less than two years, solidifying its position as one of the fastest-growing e-wallet apps in the Philippines. This impressive growth is a testament to the organization’s unwavering commitment to constant innovation and placing the needs of its “sukis” (loyal customers) at the heart of its business, aligning seamlessly with the evolving digital finance landscape.

Your ultimate guide to romance, savings, cashback and FREE flights!

Celebrate love month with Maya to unlock exciting deals, savings and FREE flights! 

Love is in the air and it's time to create special moments with your significant other. Whether you're indulging in a cozy dinner, surprising your beloved with a thoughtful gift, or whisking them away on a romantic getaway, Maya, the #1 Digital Bank in the Philippines, is here to make your sweet moments come true while unlocking incredible savings, cashback rewards and raffle entries to FREE Flights all year long! Here are some ways on how you can celebrate love month with Maya:  

Romantic Dinner for Two. Imagine having a candlelit dinner at your favorite restaurant, indulging in delectable dishes, and toasting to your love. With Maya as your trusted payment method, you not only enjoy the convenience of seamless cashless transactions but also get up to 14% p.a. credited daily to your Maya Savings. Whether you prefer to pay with your phone via QRPh or with your Maya card, the process is quick, secure, and hassle-free, allowing you to focus on creating cherished moments with your partner.  

Home Credit PH surpasses 10 million customers, finances close to PHP300 billion worth of credit nationwide

Home Credit Philippines (HCPH) achieved a remarkable milestone as it reached 10 million customers in time for its celebration of a decade of unwavering service.

Since 2013, the leading consumer finance company has granted a total of P295.7 billion (as of Dec 2023) in credit throughout the country through its installments, cash loans and revolving credit products. 

Home Credit’s entry to the country 10 years ago provided a much-needed service for Filipinos who were underserved by traditional financing and were seen to turn to informal and unregulated lending outfits. Starting from mobile phones, and then eventually branching out to laptops and computers, furniture, home appliances, even bikes, sporting goods, home improvement and department store shopping. In recent years, Home Credit added a credit card, as well as virtual limit Qwarta to its portfolio.

Security Bank launches new sustainable, no-annual-fee ‘Wave Mastercard’ credit card

Security Bank unveiled its newest credit card product, the Security Bank Wave Mastercard, at an exclusive product launch at The Island at The Palace in Bonifacio Global City. Brand ambassadors Solenn Heussaff and Erwan Heussaff were there to highlight the unique features that make this more than just an average no-annual-fee credit card. 

Named with an intentional play on words, the Security Bank Wave Mastercard waves goodbye to annual fees, restrictive interest rates, and unsustainable materials. 

“At Security Bank, we’re always looking for innovative ways to deliver on our BetterBanking promise, providing the best banking and customer service experiences. That’s why we’re proud to introduce the Security Bank Wave Mastercard, a credit card designed to meet the needs and preferences of today's savvy, budget and environmentally conscious customers,” said Sanjiv Vohra, President and CEO of Security Bank. 

Embracing Loud Budgeting as a Love Language this Valentine’s Day

This 2024, a new trend called 'loud budgeting' is gaining popularity, encouraging people to openly discuss their finances without feeling embarrassed. Contrary to the 'quiet luxury' trend of the past year, loud budgeting helps Filipinos be more honest about their financial situation, leading to greater empowerment in managing their money. This Valentine's Day, let's celebrate the love language of financial wellness. 

Regardless if it's Php 299 or 2,999 or 29,999, communication is key to financial wellness.

Last month, Filipino social media exploded with discussions about the ₱299 engagement ring. People were split on whether it was about self-worth or long-term financial plans, and both sides had valid points. There's no right or wrong answer here; it all depends on what matters most to you or your partner. But what can we take away from this in terms of financial wellness as a love language? It's about being honest about one’s money habits.

Golden Visa Centrale Unveils Greek Golden Visa Program, Offering Filipinos Prime Investment Opportunities

GVC’s new program provides Filipinos residency, investment, and wealth diversification prospects in scenic Greece

The beautiful city of Patra along the Pelopponese peninsula | Source: visitgreece.gr

Golden Visa Centrale (GVC), a leading international property marketing consultancy specializing in residency by investment, has announced its latest offering tailored for Filipino investors looking for opportunities in Greece through its new Greek Golden Visa program. 

Home Credit Philippines gives 14,000 employees a magical excursion at Enchanted Kingdom, other locations for 10th anniversary

Home Credit Philippines (HCPH), in celebration of its 10th anniversary, has recently hosted festive events for its 14,000-strong employees. For the first time in the leading consumer finance company's history, nationwide celebrations in various resorts and convention centers were organized for its employees, their families, and friends.  

To ensure maximum enjoyment, over 6,700 employees from Metro Manila and nearby provinces were treated to a magical day at the Enchanted Kingdom. The theme park was closed for two days exclusively for the event. Employees were given two regular day-pass tickets, pocket money, a free souvenir photo, and a transportation subsidy. In addition, each employee was also allowed to bring up to 5 guests. 

Palawan Pawnshop - Palawan Express Pera Padala and Philippine Veterans Bank Seal Partnership for Cash Withdrawal Services

Palawan Group of Companies, the country's leading money remittance & pawning services company, proudly announces its alliance with the Philippine Veterans Bank (PVB). A trusted institution dedicated to serving veterans, their families, and the Armed Forces of the Philippines community, PVB brings a legacy of financial excellence.

Through this partnership, both PVB depositors, Palawan Group of Companies sukis, and other BancNet ATM cardholders gain expanded access to cash withdrawal services using BancNet ATM cards initially at over 300 company-owned Palawan Pawnshop - Palawan Express Pera Padala branches, ensuring swift access to funds for a wide range of financial transactions. PVB depositors can conveniently utilize the extensive network, strategically located near residential areas, and have the flexibility to visit Palawan branches during holidays and weekends, enhancing accessibility for their convenience. This will enable ATM cardholders to do cash withdrawals from Palawan Pawnshop - Palawan Express Pera Padala branches with the use of Point-of-Sale (POS) terminals, commonly used for payroll and regular cash withdrawals, pension and 4Ps payouts. Both companies have plans to further increase the number of branches with POS terminals in the future.

Malayan Insurance affirms the value of protection on modern living, future-proofing

Malayan Insurance, the leading non-life insurance company in the Philippines, sheds light on the value and impact of non-life insurance in today’s modern living and in protecting one’s future. 

“Having your assets, properties, and other investments secured is a critical consideration in growing one’s financial standing and health. In the advent of different crises, health, natural catastrophes, and accidents, an extra layer of protection is always a must,” Malayan Insurance President and CEO, Paolo Abaya says.

“When one invests in himself and his assets, that includes protecting it too. That’s where non-life coverage comes in. We cover personal accidents, natural calamity effects, fire, flood, vehicular accidents, travel mishaps, and the like. All these sum up to protecting not just one’s life but also one’s investments,” he adds.

EastWest Rural Bank Recognized by DepEd’s LRPO for Outstanding Partnership

Honorable Vice President and Secretary of Education Sara Z. Duterte presented the LRPO Plaque of Appreciation to EastWest Rural Bank President Sheila Marasigan Bajado and Relationship Manager for DepED and Lead of NCR Regional Operations Florinda S. De La Cruz last November 27, 2023 at the Manila Hotel during the 31st National Children’s Month (NCM) Culminating Activity.

EastWest Rural Bank (EWRB) was honored with a Plaque of Appreciation from the Department of Education's Learners’ Rights Protection Office (LRPO) in a prestigious ceremony held at the Manila Hotel on November 27, 2023. The award was presented by the Honorable Vice President and Secretary of Education, Sara Z. Duterte, during the 31st National Children’s Month (NCM) Culminating Activity.

Landco Achieves Six Prestigious Accolades for its Sustainable and Distinctive Development of BeachTowns

Landco Pacific Corporation gained international acclaim with six highly-coveted awards in 2023. Anchored on its strengthened positioning as a Metro Pacific Investments Corporation subsidiary helmed by Chairman Manuel V. Pangilinan, Landco was distinguished for raising the bar higher in premium resort living. 

“We are thrilled and honored with the international accolades for Landco in the past year. These awards reaffirm our thrust to build premium and sustainable developments that have worth in the world and people’s lives. This motivates us to continue our trailblazing efforts in developing premium and leisure communities that create positive environmental and social impacts," stated Landco Pacific Corporation President and CEO Erickson Y. Manzano. 

The awards are a testament to Landco’s unwavering commitment to corporate excellence in premium and leisure real estate development. Situated in key leisure and tourist destinations in the country, Landco’s latest development of BeachTowns offers master-planned and mixed-use communities; unique and sought-after resort amenities; and sustainable features. These developments ensure the realization of the evolving dreams of modern Filipino families and at the same time promote tourism and champion sustainability. 

Sun Life Global Solutions (SLGS) Philippines appoints Nathalie Bernardo as its new Vice President and Site Head

Sun Life Global Solutions (SLGS), a microcosm of the global insurance and asset management leader Sun Life, today announced that Nathalie Bernardo has been appointed as Vice President and Site Head for Sun Life Global Solutions (SLGS) Philippines. In this new role, Nathalie will be responsible for leading SLGS Philippines organization and furthering strategic imperatives. Her core responsibilities will include driving technology and digital solutions/outcomes for Asia and business operations and client care for Canada and the US. 

Talking about the strategic evolution of the organization, Tarun Sareen, Managing Director, Sun Life Global Solutions, stated, “SLGS is on a transformational journey, advancing on delivering solutions to our Clients working with business groups as one Sun Life, enabling digital transformation and furthering innovation. We care deeply about our Clients, our colleagues and our communities, and are passionate about driving positive outcomes. We are excited to have Nathalie Bernardo on board. She brings strong leadership credentials and rich experience in multi-functional operations management, client engagement, global solutions delivery, building organizational capabilities and delivering technology solutions for the business. I am looking forward to Nathalie playing a key role in this strategic evolution and wish her great success.” 

The Filipinos’ favorite: Home Credit financed 1.7M mobile phones in 2023

Home Credit, the country’s leading consumer finance company, reveals an interesting trend in the Philippine market: an increase in the number of purchases of various commodities, particularly mobile phones with 1.7M units financed. This surge in products sold was facilitated through Home Credit’s year-long promos, including the most recent 0% interest on installment financing.  

This year, Home Credit saw a significant upswing in purchases across different categories, showing a shift in what consumers prefer. With a focus on empowering Filipinos to realize their personal and family goals, Home Credit's offerings have reflected an evolution in lifestyle choices and aspirations.