LANDBANK Senior Vice President Charlotte I. Conde (3rd from right) and Garcia Refinery Corporation (GARECO) President and CEO Erwin Anthony Y. Garcia (2nd from right) lead the signing of a loan agreement to finance the construction of the very first palm oil refinery mill in SOCCSKSARGEN, which is expected to be completed by the first quarter of 2024. They were joined by (from right to left) GARECO Secretary Marina Carmella L. Garcia, LANDBANK Sultan Kudarat Lending Center Head Assistant Vice President Harold P. Celestial and LANDBANK Tacurong Branch Head Department Manager Joel A. Argonza. TACURONG CITY, Sultan Kudarat – When the pandemic caused severe mobility restrictions nationwide, Erwin Y. Garcia sought to turn the crisis into an opportunity for the palm oil industry in the province of Sultan Kudarat. Garcia conducted research on the industry and saw potential in the 14,000 hectares of palm oil fully-planted within the province. He envisioned the benefits of an Integrated Palm Oil Processing Facility that will refine crude palm oil and produce a variety of products such as cooking oil, confectionaries, cream, margarine, and shortening. The available crops and the potential market soon convinced Garcia to expand his family’s business and establish the Garcia Refinery Corporation (GARECO) under the A.C. Garcia Group of Companies in 2021. With the goal of being the first modern homegrown refinery in Mindanao, GARECO availed of a P450 million loan from the Land Bank of the Philippines (LANDBANK) to make this a reality. The LANDBANK loan has bankrolled the construction of GARECO’s main facility, which will become the first palm oil refinery plant in the South Cotabato, Cotabato, Sultan Kudarat, Sarangani, and General Santos (SOCCSKSARGEN) region. The refinery mill is expected to make oil palm products more accessible and affordable for the local market, and serve as a stable source of income for oil palm growers from Sultan Kudarat and Maguindanao. More than being a private enterprise, GARECO aims to improve the socioeconomic status of oil palm growers in the area. GARECO and its parent company have thus partnered with 63 farmers to manage their combined 3,065 hectares of oil palm. “Our vision is to engage communities in palm oil production that will take them out of poverty and bring peace to the community, in the hopes of becoming a driving force for the Philippine economy,” said Garcia. Through the LANDBANK term loan, the construction of the GARECO refinery mill started in July 2022 and is expected to be completed by the first quarter of 2024. Its completion will likewise generate employment opportunities and expand the company’s workforce from five to about 35 to 50 workers composed of a mill manager, supervisors, operators, mechanics, electricians, laboratory analysts, and staff for administrative and marketing functions. “LANDBANK looks forward to the completion of the very-first refinery mill in SOCCSKSARGEN. We remain committed to serve the development requirements of the palm oil industry and the whole agriculture sector towards inclusive and sustainable countryside development,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK’s Term Loan Facility finances capital expenditures for businesses, including expansion, purchasing of additional machinery and equipment, and permanent working capital arising from expanded operations. Interested borrowers can be a single proprietor, partners, or corporation which have projects on agri-business, manufacturing, trading, and other services.
READ MORE(clockwise from upper left) Bureau of Fisheries and Aquatic Resources (BFAR) Fisheries Planning and Economics Division Chief Maria Abegail A. Albaladejo and LANDBANK Corporate Affairs Group Head, Vice President Vivian M. Cañonero lead the fifth run of the LANDBANK AgriSenso Virtual Forum to discuss opportunities in boosting the local fisheries sector. Joining them are LANDBANK Program Management Department I Program Officer Edgardo C. De Guzman and client Joseph Anthony P. Lanzar. State-run Land Bank of the Philippines (LANDBANK) continues to intensify its support to the fisheries sector, with outstanding loans reaching P2.8 billion as of end-November 2022. In the fifth run of the LANDBANK AgriSenso Virtual Forum which recently gathered over 115 fishers and other stakeholders nationwide, LANDBANK shared available lending programs designed to boost the contribution of the fisheries sector in achieving food self-sufficiency in the country. LANDBANK Corporate Affairs Group Head, Vice President Vivian M. Cañonero, and Program Management Department I Program Officer Edgardo C. De Guzman led the discussions, as Department of Agriculture - Bureau of Fisheries and Aquatic Resources (DA-BFAR) Fisheries Planning and Economics Division Chief Maria Abegail A. Albaladejo presented the National Government’s development plan to further boost the local fisheries value chain, including ramping up activities to increase the country’s fish production. LANDBANK loan availer Joseph Anthony P. Lanzar from Davao del Sur also shared the successful expansion of his aquaculture business through LANDBANK’s support. The Bank is offering the Sustainable Aquaculture Lending Program (SALP) or “Pagsasakang Pantubig” to provide credit assistance to fishers’ associations, cooperatives or federations, non-government organizations (NGOs), micro, small and medium enterprises (MSMEs), large agribusiness enterprises, and countryside financial institutions (CFIs). Eligible projects under the program cover the whole value chain of fishery, mariculture, aquaculture and supporting economic activities, such as breeding, hatchery, nursery, production, grow out, fish culture, seaweed farming, processing, trading and other ancillary services. The LANDBANK SALP or “Pagsasakang Pantubig” is anchored on institutional buyers or processing and canning companies linked with fishers’ cooperatives associations or MSMEs as growers or suppliers. LANDBANK also provides credit assistance under the Commercial Fishing Vessel Financing Program to assist existing and prospective commercial fishing operators in acquiring fishing vessels for domestic or overseas use. The program caters to single proprietorships, partnerships, cooperatives and corporations, for the purchase or acquisition of brand-new, second-hand or refurbished commercial fishing boats and related equipment. The LANDBANK AgriSenso Virtual Forum forms part of the Bank’s overall support to the agriculture sector, facilitated by the LANDBANK Corporate Affairs Group (CAG) together with the National Development Lending Sector (NDLS) – Lending Program Management Group (LPMG).
READ MOREPamplona Vice Mayor Arnie Angelica S. Fernandez (4th from left) and Land Bank of the Philippines (LANDBANK) Northern Luzon Branches Group Head, Senior Vice President Ma. Belma T. Turla (5th from left) lead the inauguration of the LANDBANK offsite ATM located at the Municipal Hall of Pamplona, Cagayan on 12 December 2022. They are joined by members of the Sangguniang Bayan, local officials, and other LANDBANK officers. The new LANDBANK ATM will serve customers in all 18 barangays in the Municipality, which includes government employees, private citizens, and beneficiaries of Conditional and Unconditional Cash Transfer (CCT/UCT) Programs, among others, who will no longer need to wait in long queues or travel to neighboring towns for their cash requirements.
READ MORE(clockwise from upper left) Department of Agriculture (DA) Bureau of Plant Industry Officer-in-Charge - Director Gerald Glenn F. Panganiban; LANDBANK Corporate Affairs Group Head, Vice President Vivian M. Cañonero; LANDBANK Program Management Department I Head, Assistant Vice President Edgardo S. Luzano; Kennemer Foods International, Inc. President Simon Bakker; and Goodyear Agrarian Reform Beneficiaries Multi-Purpose Cooperative (GARBEMCO) Operations Manager Mark Horace E. Gregorio lead the sixth run of the LANDBANK AgriSenso Virtual Forum, which puts the spotlight on boosting the production of plantation crops in the country. The Land Bank of the Philippines (LANDBANK) gathered farmers and stakeholders to discuss the National Government’s support interventions to boost the local production of plantation crops, as part of the Bank’s commitment to serve the diverse requirements of the agriculture sector. During the sixth run of the LANDBANK AgriSenso Virtual Forums, Department of Agriculture (DA) Bureau of Plant Industry OIC-Director Gerald Glenn F. Panganiban, Ph.D. and LANDBANK Assistant Vice President Edgardo S. Luzano led the discussions on the available technical and credit assistance for farmers engaged in the production of plantation crops, such as banana, cacao, coffee, rubber and pineapple. They were joined by Kennemer Foods International, Inc. President Simon Bakker and Goodyear Agrarian Reform Beneficiaries Multi-Purpose Cooperative (GARBEMCO) Operations Manager Mark Horace E. Gregorio, who shared how LANDBANK’s affordable financing programs helped expand their operations and boost their income. For his part, DA OIC-Director Panganiban shared updates on the local industries of plantation crops as well as challenges experienced by the subsector, which include limited infrastructure and post-harvest facilities, high cost of production, and limited access to quality planting materials, among others. To address these challenges, he presented various support interventions for farmers under the DA’s High-Value Crops Development Program (HVCDP), including the distribution of planting materials, machineries and equipment, construction of facilities, and capacity building activities for farmers. LANDBANK lending programs Meanwhile, LANDBANK Assistant Vice President Luzano presented LANDBANK’s available credit programs to further strengthen support for the various industries of plantation crops. Under the Sulong Saka Program, LANDBANK can finance the production of high-value crops and other related projects, such as the establishment of nursery, budwood/mother plant/parent clone gardens, as well as the establishment of new plantations, and the replanting, rejuvenation and rehabilitation of old trees. Individual small farm holders, small and medium enterprises (SMEs), cooperatives, farmers associations and organizations, large agribusiness enterprises and corporations, local government units (LGUs), non-government organizations (NGOs), and countryside financial institutions (CFIs) may avail loans under the Program. As of end-October, LANDBANK has approved P17.8 billion in loans to 1,245 borrowers under the LANDBANK Sulong Saka Lending Program. To support the agricultural value chains of cacao, coffee, coconut, and processed fruits and nuts, LANDBANK is also offering the Rural Agro-enterprise Partnership for Inclusive Development and Growth or RAPID Growth Credit Facility, in partnership with the Department of Trade and Industry (DTI) and funded by the International Fund for Agricultural Development (IFAD). This Credit Facility aims to provide strategic business development interventions and matching grants to support qualified Program beneficiaries endorsed by the DTI, including cooperatives, farmers' associations and organizations, NGOs, and Micro, Small and Medium Enterprises (MSMEs) in selected provinces in Regions 8, 9 10, 11, 12, 13 and the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). Loans availed under the facility can be used for production, including the development of new plantation, replanting, rejuvenation, and rehabilitation of old trees; establishment of nursery gardens; post-harvest activities; processing or manufacturing, packaging and storing, as well as trading. Jointly organized by the LANDBANK Corporate Affairs Group and Lending Program Management Group, the LANDBANK AgriSenso Virtual Forums form part of the Bank’s response to the request of customers and stakeholders to have more opportunities to learn more about the Bank’s available credit facilities.
READ MORETerms and Conditions The promo (promotion) will run from December 10, 2022 - January 15, 2023. The promo is open to all customers. Employees of the Stores Specialists, Inc. (SSI), their affiliates, their advertising agency, including their relatives up to the 2nd degree of consanguinity or affinity are disqualified from joining this promotion. For every single receipt, minimum spend of P 5,000 using a Philippine-issued Mastercard credit and debit card in all participating SSI brands (see appendix for complete list of brands) a customer will be entitled to 1 raffle entry. There is no limit to the number of raffle entries that may be earned per customer. With every P5,000 spent that entitles the customer to 1 raffle entry, 2 trees will be donated to the Conservation International Foundation in support of the Priceless Planet Coalition. To qualify for the promo, the customer is required to join the promotion via the following steps: For Store and E-Commerce Transactions: a. Register a raffle entry electronically via http://ssimastercardchristmas.ssilife.com.ph/ b. The customer must fill-up the electronic raffle coupon and provide a name, address, transaction details (invoice no.), valid email and / or a valid mobile number and the first 8 digits of the credit or debit card number used to pay for the transaction being registered. The customer will receive a raffle entry confirmation via email or SMS with a unique raffle code number. The cut-off date for registration of raffle entries is on January 20, 2023, Friday. The raffle draw is on January 27, 2023, Friday and will be done digitally via a virtual conference call in the presence of SSI and DTI representatives. Announcement of winners is on February 3, 2023, Friday. Eleven (11) lucky winners will get any of the following prizes: Minor Prizes – 10 winners of Php 100,000 SSI shopping spree P 100,000 worth of SSI Purple Cards (electronic gift certificate) will be issued to the ten (10) winners which can be used in participating SSI Brands nationwide. All terms and conditions relating to the SSI Purple Card as indicated in the SSI Life website shall apply. Grand Prize - P 500,000 SSI shopping spree A P 500,000 worth of SSI Purple Cards (electronic gift certificate) will be issued to the (1) winner which can be used in participating SSI Brands nationwide. All terms and conditions relating to the SSI Purple Card as indicated in the SSI Life website shall apply. All taxes relative to the prizes shall be shouldered by SSI. Prizes are transferable but not convertible to cash. The winners and their transactions will be validated by SSI. Winners will be notified via email and / or SMS and via registered mail. Winners will also be announced via SSI’s social media accounts. A customer may only win once. In the event that a customer’s name was picked more than once during the raffle draw, the customer automatically receives the prize with the higher value. The prize with the lesser value will be awarded to another winner. Prizes must be redeemed within 60 days from receipt of notification. All unclaimed prizes and gift certificates shall be forfeited in favor of SSI, with approval from DTI. Prizes such as gift certificates and merchandise must be claimed at the SSI Head Office located in Midland Building, 403 Sen. Gil Puyat St., Buendia Ave., Makati City. In case the winner is from the province, claiming of the prize may be done at an SSI store location nearest to the address of the winner. The specific branch or location should be identified and agreed upon by both SSI and the winner. A valid identification card must be presented when claiming the prize. The customer is responsible for safekeeping the electronic gift certificates, inspecting details indicated in the documents and monitoring expiry dates. SSI shall not be obliged to replace, or refund lost or expired vouchers and gift certificates. Any duplication, refund or cancellation of orders or transactions may result in the disqualification of raffle entries. Winners who claimed their prizes will be ineligible to refund or cancel the transaction that they enrolled in the promo. All information shared via SSI’s microsite will be governed by the Philippine Data Privacy Act. By registering for the promo, the customer agrees that all information shall be subject to confidentiality and security terms of SSI and of the third-party entity managing the site for SSI. The customer agrees to receive emails or SMS messages in relation to the promo, such as but not limited to email or SMS confirming raffle entries. By participating in this promo, the winners agree to participate in any video or photo coverage that may be used in SSI’s accounts such as but not limited to facebook, instagram, youtube and website. By accepting and/or using the prizes, the customer agrees to hold SSI free and harmless from any injury, loss or damage caused by or arising from his/her participation in the promo and acceptance/use of the gift certificates. Per DTI Fair Trade Permit No. FTEB-157361 Series of 2022 List of Participating Brands/Stores Acca Kappa Armani Exchange Alexander McQueen Bally American Tourister Banana Republic Anne Klein Beauty Bar Bobbi Brown Diptyque Balenciaga M.A.C. Cosmetics BOSS Makeroom & More Bottega Veneta Marc Jacobs Burberry Max&Co Calvin Klein Jeans Calvin Klein Underwear Michael Kors Montblanc Charriol Nars Clarins Nine West Clarks Pazzion Coach Polo Ralph Lauren Cortefiel Pottery Barn Pottery Barn Kids DKNY Dune Prada Furla Saint Laurent Givenchy Salvatore Ferragamo Hamleys Samsonite Hogan Springfield Jessica Steve Madden Jimmy Choo Superdry kate spade new york Superga Kenneth Cole Swarovski Kurt Geiger Tod's L'Occitane Tommy Hilfiger Lacoste Tory Burch Women'secret West Elm Loewe Zegna Longchamp Trunc.ph Lush
READ MORETo ramp-up support for public utility vehicle (PUV) drivers amid rising fuel prices, the Land Bank of the Philippines (LANDBANK) and the Land Transportation Franchising and Regulatory Board (LTFRB) started distributing fuel subsidy worth P1,000 each to qualified tricycle drivers in the National Capital Region (NCR) and Regions I and III, on 10 January 2023. In partnership with the Department of the Interior and Local Government (DILG) and Local Government Units (LGUs), LANDBANK and LTFRB will disburse a total of P10.3 million to an initial 10,343 eligible tricycle drivers under the LTFRB’s Fuel Subsidy Program. “LANDBANK is committed to complete the distribution of fuel subsidy to all eligible tricycle beneficiaries in the most immediate time. We are one with our national and local partners in providing immediate support interventions to PUV drivers nationwide,” said LANDBANK President and CEO Cecilia C. Borromeo. All eligible tricycle drivers under the Fuel Subsidy Program, as identified by the DILG and LTFRB, can claim their subsidies via over-the-counter (OTC) transactions at designated LANDBANK branches nationwide. A representative from the concerned LGU will be present during the scheduled distribution of the fuel subsidy to verify the eligibility of the beneficiaries. To ensure the orderly distribution of the fuel subsidy, the LTFRB, DILG, and concerned LGUs informed the tricycle driver-beneficiaries prior to the payouts of the details of the distribution, such as the schedule of the distribution, the designated LANDBANK servicing branch nearest the beneficiary to facilitate the distribution, and the requirements to be presented to claim the fuel subsidy. The complete list of LANDBANK servicing branches and other reminders have also been posted on LANDBANK’s official social media channels, including Facebook @landbankofficial, Twitter @LBP_Official, and the LANDBANK Viber Community. In partnership with various government agencies, LANDBANK is the national government’s primary distribution arm for financial interventions as part of its commitment to serving the nation.
READ MORESingapore Airlines 3rd instalment of the Time to Fly Travel Fair continues from 13 to 15 January 2023 with exciting perks for customers who book with Mastercard® at Glorietta 2 Palm Drive Activity Center through participating travel agencies. Promo Mechanics The Singapore Airlines Time to Fly Travel Fair continues from 13 to 15 January 2023 at Glorietta 2 Palm Drive Activity Center. Sale starts from 10:00am until 8:00pm (issuance of queue numbers may be cut off from 5:00pm). Travel fair is open to any Mastercard® credit and debit cards issued in the Philippines and KrisFlyer members. KrisFlyer members are eligible for the promotional offers and additional perks if payment is made using Mastercard® branded debit and credit cards. To enjoy the perks, customers must book tickets through the participating travel agencies at the travel fair from 13 to 15 January 2023. Participating travel agencies include Ark Travel Express, Inc., Constellation Travels, Inc., Fiesta Tours & Travel Corporation, Horizon Travel & Tours, Inc., Rakso Air Travel and Tours, Inc., and Via Philippines Travel Corporation. Tickets may also be booked through other channels but only customers who book at the travel fair through the participating travel agencies and paid using Mastercard® are eligible for all the perks and value-adds. Service fees, fare conditions and other terms and conditions shall apply. MASTERCARD® EXCLUSIVE PERKS II. Indulge in delectable cuisines with Php2,500 worth of dining certificates plus, a travel pack with Php500 worth of giveaways for a minimum spend of Php30,000 in a single receipt with Mastercard® Terms and Conditions: Offer is valid only for bookings made through the participating travel agencies during the Singapore Airlines Time to Fly Travel Fair continuing from 13 to 15 January 2023 at the Glorietta 2 Palm Drive Activity Center. To be eligible for the offer, simply use any Mastercard® credit or debit card issued in the Philippines and spend a minimum of Php30,000 in a single receipt on Singapore Airlines (SIA) tickets or travel packages inclusive of SIA tickets. The dining certificates and travel pack may be claimed upon purchase at the redemption booth at the Singapore Airlines Time to Fly Travel Fair in Glorietta 2, Palm Drive Activity Center from 13 to 15 January 2023. Customers must present the receipt, travel itinerary, and Mastercard® branded credit or debit card used for the payment. Eligible customers claiming the Php2,500 worth of dining certificates may choose from Shangri-La The Fort, The Bistro Group, Wild Flour Bakery + Café, and Mary Grace Café. Dining certificates are limited. Should the preferred restaurant be unavailable, Singapore Airlines has the right to offer the other restaurants’ dining certificates of equivalent value. The travel pack contains Php500 worth of giveaways, which may include any of the following: a foldable drawstring bag, currency wallet, and/or mini gadget pouch organiser. For avoidance of doubt, each eligible Mastecard® cardholder shall only be entitled to one (1) Php2,500 worth of dining certificates and one (1) travel pack with Php500 worth of giveaways for a minimum spend of Php30,000 in a single receipt on SIA tickets or travel packages with SIA tickets paid with a Mastercard® credit or debit card issued in the Philippines from 13 to 15 January 2023 at Glorietta 2 Palm Drive Activity Center. Dining certificates must be presented during redemption at eligible outlets of the following brands: Shangri-La The Fort – High Street Café, High Street Lounge, Bake House, Raging Bull Burgers, Raging Bull Chophouse & Bar, Canton Road, Samba, and The Black Room. The Bistro Group – visit https://giftaway.ph/thebistrogroup/locations Wild Flour Bakery + Café – visit https://wildflour.com.ph/ Mary Grace Café – visit https://www.marygracecafe.com/store-locator Dining certificates and travel packs are transferable but not convertible to cash and are non-refundable. Change will not be given for transactions less than the face value of the dining certificates. Guests may settle by cash or credit card for any excess amount. Lost certificates, travel packs and foldable bags will not be replaced. Dining certificates cannot be used in conjunction with any other discount and promotions. II. Splurge and shop with Php5,000 worth of shopping certificates, on top of the Php2,500 dining certificates. Plus, receive a travel pack with Php1,000 worth of giveaways for a minimum spend of Php60,000 in a single receipt with Mastercard®! Terms and Conditions: Offer is valid only for bookings made through the participating travel agencies during the Singapore Airlines Time to Fly Travel Fair continuing from 13 to 15 January 2023 at the Glorietta 2 Palm Drive Activity Center. To be eligible for the offer, simply use any Mastercard® credit or debit card issued in the Philippines and spend a minimum of Php60,000 in a single receipt on Singapore Airlines (SIA) tickets or travel packages inclusive of SIA tickets. The shopping certificates and travel packs may be claimed upon purchase at the redemption booth at the Singapore Airlines Time to Fly Travel Fair in Glorietta 2 Palm Drive Activity Center from 13 to 15 January 2023. Customers must present the receipt, travel itinerary, and Mastercard® branded credit or debit card used for the payment. Eligible customers claiming the Php5,000 worth of shopping certificates may choose from SSI Purple Cards and The Travel Club. Shopping certificates are limited. Should the preferred brand be unavailable, Singapore Airlines has the right to offer different branded gift certificates of equivalent value. The travel pack contains Php1,000 worth of giveaways, which may include any of the following: a foldable drawstring bag, currency wallet, digital pouch organiser, universal mobile cable, and/or toiletry bag. For avoidance of doubt, each eligible Mastercard cardholder shall only be entitled to one (1) Php2,500 worth of dining certificates, one (1) Php5,000 worth of shopping certificates and one (1) travel pack with Php1,000 worth of giveaways for a minimum spend of Php60,000 in a single receipt on SIA tickets or travel packages with SIA tickets paid with a Mastercard® credit or debit card issued in the Philippines from 13 to 15 January 2023 at Glorietta 2 Palm Drive Activity Center. Shopping certificates must be presented during redemption at eligible outlets of the following brands: Store Specialists, Inc. (SSI) Purple Cards – visit https://ssilife.com.ph/purple-card The Travel Club – visit https://thetravelclub.ph/content/17-store-locator Dining certificates, shopping certificates and travel packs are transferable but not convertible to cash and are non-refundable. Change will not be given for transactions less than the face value of the dining or shopping certificates. Guests may settle by cash or credit card for any excess amount. Lost certificates and travel packs will not be replaced. Other terms and conditions of the dining certificates apply. OTHER PERKS AT THE SINGAPORE AIRLINES TIME TO FLY TRAVEL FAIR I. Download Kris+ & enjoy perks in Singapore and beyond: Use travel fair exclusive promo code on your first login to enjoy SGD8 KrisPay miles. Terms and Conditions: These terms and conditions govern the Kris+ Sign-Up Bonus (the “Promotion”) organised by Singapore Airlines Limited (“SIA”). This Promotion will be carried out on the Kris+ mobile application (“Kris+ App”). Promotion is valid for customers during the Singapore Airlines Time to Fly Travel Fair from 13 to 15 January 2023 (“Promotional Period”) at the Glorietta 2 Palm Drive Activity Center, and are new Kris+ users only. This Promotion is applicable to KrisFlyer member, who have completed an Eligible Kris+ Sign Up (defined in clause 6 below) during the Promotional Period (“Participant”). To get the SGD8 KrisPay miles, a Participant simply must follow these steps: Step 1 – Download the Kris+ Mobile App via Google Play or Apple Store or scan the QR code from brochures or posters available at the Singapore Airlines Time to Fly Travel Fair to download. Step 2 – Sign in using your KrisFlyer account details. If Participant does not have a KrisFlyer account, click on the “Sign up for KrisFlyer account” button. Step 3 – Complete the KrisFlyer registration. Step 4 – On the first login to the Kris+ Mobile App, key in promo code in the Kris+ referral code box. Participant will be instantly credited with the sign-up reward in their Kris+ wallet. The travel fair exclusive promo code can be found on brochures or posters at the travel fair. There is no spend required to avail of this offer. Offer is not valid for existing Kris+ Mobile App users. For the purposes of these terms and conditions, an “Eligible Kris+ Sign Up” is when a KrisFlyer member logs into the Kris+ app for the first time, during the promotional period, and successfully inputs the referral code when prompted with the referral code field during the first login process. The SGD8 KrisPay miles (equivalent to 1,200 KrisPay miles credit) (“Sign-Up Bonus Miles”) will be awarded to each Participant who successfully completes an Eligible Kris+ Sign-Up during the Promotional Period. Sign-Up Bonus Miles will be credited into the Participant’s KrisPay wallet when the Participant successfully inputs the referral code when prompted with the referral code field during their first Kris+ login/wallet creation. Such KrisPay miles can be used when in Singapore with more than 1,500 partner outlets in dining, retail and attractions and shall be valid for 6 months from the date of credit, following which they shall expire and no extensions will be permitted. For avoidance of doubt, any KrisFlyer member who has logged in to the Kris+ App outside of the Promotional Period or did not input the referral code will not be eligible for any Sign-Up Bonus Miles under this Kris+ Sign-Up Promotion. KrisPay miles credited into the Participant’s KrisPay account can only be used within the Kris+ App and cannot be transferred into any KrisFlyer account. KrisPay miles are also non-transferable to other Kris+ accounts and cannot be exchanged for cash. By participating in the Promotion, each Participant: agrees to comply with and be bound by these terms and conditions, SIA’s conditions of use of website, SIA’s Privacy Policy, KrisFlyer Terms and Conditions, and the Kris+ Terms and Conditions (collectively, “SIA Terms & Conditions”) and agrees that any and all personal data he/she submits (including his/her KrisFlyer membership number) may be collected, used, disclosed, or otherwise processed (collectively, “Processed”) by SIA for the purposes of organizing the Promotion. All collection, use and disclosure of each Participant’s personal data will be in accordance with SIA’s Privacy Policy available at https://www.singaporeair.com/en_UK/privacy-policy/. Non-compliance with or breach of these SIA Terms & Conditions may result in the Participant being disqualified at any stage of the Promotion, and any Sign-Up Bonus Miles won may be forfeited, withheld, withdrawn or reclaimed. All decisions made by SIA, in respect to any matter relating to this Promotion shall be final. SIA reserves the right to vary these terms and conditions, terminate or otherwise amend this Promotion without prior notice, at its sole and absolute discretion with concurrence of DTI. SIA reserves the right to verify the eligibility of Participants. To the extent permitted under applicable law, SIA will not be responsible or liable for any consequences that any participant may suffer (including without limitation any damage, loss, injury or disappointment) by participating in the Promotion or the participant’s acceptance of any prize. For more information on Kris+, visit https://www.singaporeair.com/en_UK/sg/ppsclub-krisflyer/use-miles/krisplus/ Other terms and conditions of Kris+ and on the use of KrisPay miles shall apply. Per DTI Fair Trade Permit No. FTEB - 158023, Series of 2022.
READ MORELANDBANK officers and local government officials lead the opening of four (4) new Agri-Hubs located in (clockwise from upper left) San Fernando, Bukidnon; Plaridel, Misamis Occidental; Bongabong, Oriental Mindoro; and Claveria, Misamis Oriental. This brings the total number of LANDBANK Agri-Hubs in the country to 16 as of end-2022, designed to deliver financial services closer to farmers and fishers nationwide. The Land Bank of the Philippines (LANDBANK) wrapped-up 2022 with the opening of four (4) new Agri-Hubs located in the provinces of Oriental Mindoro, Bukidnon, Misamis Occidental and Misamis Oriental, expanding its physical touchpoints to better serve farmers and fishers in the country. The state-run bank established the four Agri-Hubs in the last week of December, which will provide combined services of banking, lending and agrarian services to the country’s top rice-producing provinces, including unbanked and underserved rice farming areas. “Our continued expansion of LANDBANK Agri-Hubs across the country forms part of our commitment to deliver responsive and timely financial services to the agriculture sector, especially to small farmers and fishers. We strive to make our banking products and services more accessible especially in underserved areas to help boost agricultural production and build stronger local communities,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK opened its 13th Agri-Hub in the country in Plaridel, Misamis Occidental, to primarily serve over 23,000 farmers and fishers within the municipality and its neighboring town of Lopez Jaena under the leadership of Plaridel Agri-Hub Head Deborah L. Dalid. Plaridel Vice Mayor Neite Gornez and LANDBANK Calamba (Misamis Occidental) Branch Manager Gina P. Baliton graced the opening of the Plaridel Agri-Hub on 26 December 2022. LANDBANK established another Agri-Hub in Claveria, Misamis Oriental, to cater to the banking requirements of more than 13,000 farmers and fishers in the municipality. Claveria Mayor Meraluna L. Salvaleon-Abrogar, Vice Mayor Reynante L. Salvaleon, LANDBANK Vice Presidents Lina K. Pacio and Jimmy P. Arco, and Claveria Agri-Hub Head Marlita M. Cagas led the opening of the Claveria Agri-Hub on 28 December 2022. Meanwhile, the Agri-Hub in San Fernando, Bukidnon was inaugurated on 29 December 2022 by San Fernando Mayor Rogelio C. Yeke, Vice Mayor Levi C. Edma, LANDBANK Valencia Branch Head Madelyn A. Rodriguez and San Fernando Agri-Hub Head Agnesita M. Llauder to service the municipality’s 24 barangays, including 11,000 farmers and fishers. On the same day, a LANDBANK Agri-Hub in Bongabong, Oriental Mindoro was opened by Bongabong Mayor Elegio A. Malaluan, Vice Mayor Richard S. Candelario, LANDBANK Pinamalayan Branch Head Lizza Mae F. Camposano and Bongabong Agri-Hub OIC May Fatima Torres, to provide accessible financial services mainly to the 12,233 farmers and fishers in Bongabong. They were joined by Calapan Branch Head Ferdinand E. Abas, Roxas Mindoro Branch Head Lolita V. Apostol, Oriental Mindoro Lending Center OIC Elisa A. Laudencia, and Agrarian Operations Center IV Representative Henrich M. Ibaña. LANDBANK Agri-Hubs offer banking services such as account opening, withdrawals, and check encashments; lending services such as the processing of loan applications; and agrarian services such as processing of Agrarian Reform (AR) bonds and handling of agrarian-related concerns from landowners, bondholders, and agrarian reform beneficiaries (ARBs). The opening of LANDBANK’s new Agri-Hubs raises the total number of the Bank’s Agri-Hubs in the country to 16, complementing the Bank’s 607 Branches and 58 Lending Centers nationwide, as of end-December 2022.
READ MOREPresident Ferdinand R. Marcos Jr. (leftmost), who is also Agriculture Secretary, extends his compliments to LANDBANK in the last run of the AgriSenso Virtual Forum on 05 January 2023, for supporting his administration’s development agenda towards revitalizing the agriculture sector. Finance Secretary and LANDBANK Chairman Benjamin E. Diokno (top row, rightmost) and LANDBANK President and CEO Cecilia Cayosa Borromeo (bottom row, rightmost) also delivered their messages, as Bank officers and other government partners lead the discussions on agri-mechanization, climate resilient agriculture, and greenhouse farming. President and concurrent Agriculture Secretary Ferdinand R. Marcos Jr. commended the Land Bank of the Philippines (LANDBANK) for supporting his administration’s development agenda for the agriculture sector through a series of virtual forums with local agri players to discuss present challenges and opportunities of growth. “I congratulate Land Bank of the Philippines for taking the initiative to advance this administration’s mission of revitalizing the agricultural sector through the AgriSenso Virtual Forums,” said President Marcos in his video message during the last run of the LANDBANK AgriSenso Virtual Forum on 05 January 2023. “This event is the perfect platform for key stakeholders to address matters of utmost urgency as we face modern-day challenges, along with the difficulties that have plagued the industry since time immemorial,” he added. For his part, Finance Secretary and LANDBANK Chairman Benjamin E. Diokno highlighted the crucial role of LANDBANK in supporting agri players by ensuring that the entire agri value chain has access to much-needed credit and other financial services, as he emphasized the importance of an efficient and modern agriculture sector to ensure food security and reduce poverty incidence. Apart from fostering collaboration among industry key stakeholders, LANDBANK President and CEO Cecilia Cayosa Borromeo said that the AgriSenso Virtual Forum is a good opportunity to offer LANDBANK’s financing programs and other support interventions. "LANDBANK fully supports the national government in realizing the development blueprint of this administration in modernizing the agriculture sector and achieving food sufficiency for the Philippines," she said. The seven sessions of the LANDBANK AgriSenso Virtual Forum, which ran from August 2022 to January 2023, gathered over 1,600 agricultural industry players and stakeholders nationwide to discuss key issues and concerns towards improving productivity and income. Each session was attended by industry experts from the Department of Agriculture (DA), Department of Agrarian Reform (DAR), and other concerned agencies who shared successful initiatives, industry challenges, and development plans of the National Government for each agriculture sub-sector. Moderated by LANDBANK Vice President for Corporate Affairs Vivian M. Cañonero, the last AgriSenso Virtual Forum put the spotlight on agri-mechanization, climate resilient agriculture and greenhouse farming as the latest developments in the agriculture sector. The forum highlighted the importance of adopting modern farming technologies to reduce production costs and post-harvest losses, and enable agri players to increase farm productivity and income. The forum featured Bureau of Agricultural and Fisheries Engineering (BAFE) Engr. IV Maria Evic Quigao, Philippine Center for Postharvest Development and Mechanization (PhilMech) Senior Science Research Specialist Engr. Allen Denver V. Mangaoil, LANDBANK Program Management Department I, Assistant Vice President Engr. Edgardo S. Luzano, and LANDBANK client Engr. Romeo S. Vasquez. In support of the country’s agricultural mechanization and transformation, LANDBANK offers the Agri-Mechanization Financing Program, with total cumulative loan releases of P687.7 million as of 30 November 2022 for the benefit of over 890 farmers. LANDBANK also provides credit assistance under the Climate Resilient Agriculture Financing Program, to promote climate change mitigation and adaptation initiatives towards climate resilient agriculture. The Bank’s total loan releases under this program reached P1.9 billion as of end-November 2022. Meanwhile, to help farmers shift towards a modern farming system through the adoption of greenhouse technology, LANDBANK is offering the Financing Program for Greenhouse Farming System. As of end-November 2022, the Bank has released a total of P8.6 million under the program. The LANDBANK AgriSenso Virtual Forum forms part of the Bank’s overall support to the agriculture sector, facilitated by the LANDBANK Corporate Affairs Group (CAG) together with the National Development Lending Sector (NDLS) – Lending Program Management Group (LPMG).
READ MOREPromo Mechanics Promo is open nationwide to Mastercard debit and credit card users who are registered in Bayad Online and; paid a bill using Bayad Express. Promo will run from December 15, 2022 to March 15, 2023. Promo Entries and Prizes For Newly Registered Bayad Online Users Newly registered Bayad Online users, who have a minimum spend of Php 1000 for their initial bills payment thru Mastercard credit or debit card, will earn the following: waived convenience fee Php 500 worth of Sodexo e-gift certificate, one (1) raffle entry to get a chance to be part of the 35 lucky winners of the gadgets described below. For Existing Bayad Online Users Existing Bayad Online users who have a minimum spend of Php 1000 worth of bills payment thru Mastercard credit or debit card, will earn the following: waived convenience fee Php 100 worth of Sodexo e-gift certificate Note: They can only earn a maximum of two (2) Php 100 worth of Sodexo e-gift certificates for two (2) Php 1000 worth of unique bill payments per month. Both unique bill payments can cover for either two (2) different biller brands; or two (2) same biller brands as long as the transaction is made using different biller account numbers. one (1) raffle entry to get a chance to be part of the 35 lucky winners of the gadgets described below. Note: There’s no ceiling/limit on the number of Php 1000 worth of bill payments to earn more raffle entries. Bayad Express Users Bayad Express users who have a minimum spend of Php 1000 for their initial bills payment thru Mastercard credit or debit card, will earn the following: waived convenience fee Php 100 worth of Sodexo e-gift certificate. Raffle Prizes A total of 35 lucky winners will win the raffle. 3 WINNERS of iPhone 13 Pro Max 128GB 3 WINNERS of Samsung Galaxy Tab S8+ 5G 3 WINNERS of MacBook Air 2 WINNERS of iPad Air 64 GB 4 WINNERS of Nintendo Switch 7 WINNERS of Marshall Speaker (Emberton II) 8 WINNERS of Apple Airpods (2nd Gen) 5 WINNERS of Fujifilm Instax Mini 11 Announcement of Winners and Claiming of Prizes Sodexo e-gift certificates will be in a form of voucher codes which will be sent via email and SMS blast every 10th to 15th from February to April. Customers who earned raffle entry/ies will receive a confirmation message via email and SMS from the 20th to the 24th day of the month. Raffle draws will be conducted in three (3) batches, which will be on every 25th of the month, and will be announced on the same day, from January to March. There will be a total of thirty-five (35) lucky raffle winners. CIS Bayad Center, Inc. will pay the 20% tax for prizes exceeding Php10,000. Note: Raffle entry/ies earned on the specific coverage as stated above will only be valid until the corresponding draw date. Promo participants can only win once per raffle draw schedule. If a name is drawn more than once, the entry will be voided, and another will be drawn in its place. In compliance with the Data Privacy Act of 2012 (R.A. 10173), contact details of the winning Transaction Reference Number (Complete Name, Address, Mobile Number, Email Address, Transaction Reference Number, Amount Paid, Mode of Payment, Biller Account Number, and Transaction Date & Time) will be used for the purpose of the promo and for future Bayad marketing initiatives (promos, advisories, and updates). Sodexo e-gift certificates are not transferable nor convertible into cash. Raffle draws will be held virtually at CBCI’s Head Office (Business Solutions Center, Meralco Complex, Ortigas Ave., Pasig City), with the presence of a DTI representative. The list of participants will be generated as an excel file through Microsoft Form, and entries will be drawn automatically in the web-based software: Randomizer. Monthly raffle draw winners will be announced on Bayad’s Official Facebook Page every 25th day of the month. Winners will also get a notification via email, SMS, and/or phone call from an authorized Bayad representative. Winners should provide email/SMS notification from Bayad as proof of winning and any valid ID (i.e., Passport, Voter’s ID, SSS, TIN ID, Driver’s license, Senior citizen’s ID, etc.) in claiming their prize. In case of claiming via other individual representation, an authorization letter must be presented together with the winner’s valid ID and of the claimant and proof of winning (email/SMS notification from Bayad). If the winner is below 18 years of age, a parent, or a legal guardian with two (2) valid government-issued IDs (Passport, Voter’s ID, SSS, TIN ID, Driver’s license, Senior citizen’s ID, etc.) must accompany them when claiming. If the winner does not have any valid government-issued Identification Card (ID), a birth certificate with other proof of identity (e.g. company ID, proof of billing, community tax certificate/cedula, etc.) should be submitted together with a duly notarized Affidavit of Two Disinterested Persons. The said affidavit shall be notarized by the winner. Winners will be given sixty (60) days upon receipt of notification to claim the prize; otherwise, it will be forfeited with the approval of DTI. Other expenses (travel, food, internet, mobile load, shipment, etc.) that will be incurred during the claiming of prizes shall be c/o the winners. CIS Bayad Center, Inc. reserves the right to refuse the redemption of the raffle prize if found fraudulent or if complete requirements are not provided. Any disputes will be subject to the decision of CIS Bayad Center, Inc. in concurrence with DTI. All employees of CIS Bayad Center, Inc., along with their affiliates, and any of their contractors, subcontractors, service providers, their respective employees’ spouses, and relatives up to the second degree of consanguinity (including relatives by legal adoption) and all other persons connected with any of these individuals and entities are excluded from joining the promo. CIS Bayad Center, Inc. reserves the right to vary these Terms and Conditions with prior approval of DTI. For any questions or inquiries regarding the promo, please contact Bayad Customer Care at (02) 8672-5777 or send an email at support@bayad.com. Per DTI Fair Trade Permit No. FTEB - 157689, Series of 2022.
READ MOREAs of Fri, April 25, 2025
| Buying | Selling | |
|---|---|---|
| USD | 56.25 | 56.75 |
| JPY | 0.388752 | 0.403776 |
| EUR | 63.163815 | 65.607824 |
| GBP | 73.988728 | 76.851588 |
| HKD | 7.223177 | 7.761414 |
As of Thu, April 24, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.557366 |
| Money Market Fund | 1.310646 |
| PERA Money Market Fund | 1.023632 |
| Medium-Term Bond Fund | 2.470334 |
| Bond Fund | 2.024273 |
| PERA Bond Fund | 1.198883 |
| Balanced Fund | 2.585336 |
| Growth Fund | 2.562157 |
| Alpha Equity Fund | 2.96484 |
| Blue Chip Equity Fund | 0.954534 |
| Equity Fund | 0.773163 |
| High Dividend Equity Fund | 1.002938 |
| US$ Money Market Fund | 1.431822 |
| Global $ Fund | 1.518293 |
| Money Market Plus Fund | 1.223015 |
