Allan Ayco was one of the first availers of the LANDBANK Sikat Saka Program from Dumingag in 2013, and among the combined 655 rice farmers in Zamboanga del Sur and Zamboanga Sibugay who enjoy a low 2% per annum loan interest rate under the ACEF Lending Program. DUMINGAG, Zamboanga del Sur – Unhappy and longing for his family while working away at sea, Allan A. Ayco decided to disembark from the boat and his former life as a seafarer, returning to his home in Dumingag to make a living cultivating his farmland. But like the other small farmers in town in need of capital, Ayco was forced to deal with informal lenders who charged high interest rates from 10% to up to 20% per month. He felt helpless against the unfair interest rates brought about by the monopoly of the post-production market by informal lenders. But things started to look up for Ayco and other farmers in Dumingag when LANDBANK conducted site visits in the province and offered low-interest loans for production requirements under then newly-launched LANDBANK Sikat Saka Program. “Malaking tulong talaga ang pagpasok ng LANDBANK sa buhay ko. Tuwang-tuwa kami sa Sikat Saka Program. Hindi lang sa mababa ang interes, madali lang din ang proseso ng pag-apply,” said Ayco. Ayco was one of the first farmers in the area to avail of a loan under the Sikat Saka Program. Through the assistance of LANDBANK, Ayco enjoyed low interest of 0.75% to 1.25% per month under the Program from 2013 to 2019. Since joining the formal credit system, Ayco said his income increased with every cropping cycle, allowing him to provide a better life for his family. He was able to save enough income to hire other farmers for planting services, as well as procure tractors and harvesting services that he rented out to other farmers in the area. “Malaking tulong sa amin ang Sikat Saka Program. Kaya nga’t kusang loob akong nanghingkayat rin ng mga katulad kong magsasaka. Sinabi ko na maganda ito. Basta dapat aalagaan mo yung utang mo. Dapat maayos yung pagbayad mo para di siya mawala,” Ayco shared. Aside from accessible financial support, Ayco and the other farmers in the area were also provided with support services and capacity building trainings by LANDBANK and its partner agencies. However, the onset of the pandemic in 2020 closed the borders around the Zamboanga Peninsula and significantly affected their livelihood, which prevented them from renewing their credit line with LANDBANK for the next cropping season. Ayco shared that it was a difficult season. So he was grateful when the health restrictions were finally eased and the LANDBANK Zamboanga del Sur Lending Center reached out to him and other farmers and to introduce the Agricultural Competitiveness Enhancement Fund (ACEF) Lending Program. As a long-time client of the Bank, Ayco was granted financing anew with low interest rates under the ACEF Lending Program to fund his rice production. “Malaki talaga ang pasasalamat namin sa LANDBANK dahil sa naitulong nila sa aming mga magsasaka. Sana magpatuloy pa rin ang pagtulong ninyo sa amin,” Ayco said. The ACEF is a direct lending program administered by LANDBANK in partnership with the Department of Agriculture (DA), which aims to increase the productivity and income of farmers and fishers, their cooperatives and associations, as well as micro and small enterprises (MSEs). The ACEF Lending Program finances farming needs such as the acquisition and establishment of production, post-harvest and processing machineries, equipment and facilities, farm inputs, and improvements. As of 31 October 2022, LANDBANK has released under the ACEF lending program a total of P8.5 billion to support over 32,200 borrowers nationwide. Interested borrowers may contact the nearest open LANDBANK Lending Center or Branch nationwide or call LANDBANK’s customer service at (02) 8-405-7000 or at PLDT Domestic Toll Free 1-800-10-405-7000.
READ MOREBudget Secretary Amenah F. Pangandaman (2nd from left) and LANDBANK First Vice President Reynaldo C. Capa (rightmost), together with representatives from other partner banks, lead the signing of the Memorandum of Agreement for the Online Release of Notice of Cash Allocation (NCA) on 07 December 2022 at the DBM Head Office in Manila. The Department of Budget and Management (DBM) and the Land Bank of the Philippines (LANDBANK) have joined hands for the online release of Notice of Cash Allocation (NCA) to expedite the crediting of funds to government agencies. Budget Secretary Amenah F. Pangandaman and LANDBANK Banking Services Group First Vice President Reynaldo C. Capa signed the Memorandum of Agreement for the Online Release of NCA in the Action Document Releasing System (ADRS) on 07 December 2022 at the DBM Head Office in Manila to formalize the partnership. They were joined by Deputy Treasurer Eduardo Anthony G. Mariño III, Anti-Red Tape Authority Officer-in-Charge Ernesto V. Perez, and representatives from other partner banks. Under the agreement, the DBM and LANDBANK will be working together to institutionalize the release of NCAs in digital format. This will eliminate the unnecessary steps of printing, signing, routing and releasing of printed documents, thus making the funds available for the programs, activities, and projects of agencies in the most immediate time. “LANDBANK is committed to play our role in ensuring a more streamlined and efficient process in releasing NCAs. We will continue to find avenues for collaboration to promote the immediate delivery of efficient and meaningful public service,” said LANDBANK President and CEO Cecilia C. Borromeo. The digital release of NCAs is in line with the implementation of Republic Act No. 8792 or the Electronic Commerce Act of 2000, and Republic Act No. 11032 or the Ease of Doing Business and Efficient Government Service Delivery Act of 2018. LANDBANK has been doing its share in establishing a digital payment ecosystem, as part of promoting the Ease of Doing Business and efficient government service delivery. From January to October 2022, LANDBANK’s major digital banking platforms have facilitated a total of 123.3 million transactions amounting to P4.8 trillion, for 14% and 156% year-on-year growths in volume and value, respectively.
READ MOREPromo Mechanic The Promotion is open to all principal and supplementary cardholders of Mastercard credit, debit, and prepaid cards issued in Philippines. Every minimum spend of Php5,000 single-receipt transaction from SM Store paid using Philippine-issued credit, debit, or prepaid Mastercard gives the cardholder a chance to play and be one of the instant winners of P100,000 Shopping Spree or P1,000 SM Gift Pass. One game may be played per qualified transaction. Promotion period is from October 12 to December 31, 2022. Promotion is open to SM Store customers with transactions made in-store and via card-present personal shopper transactions (or personal shopper transactions done via EFT). Promotion is only available in SM Store. Transactions made in other SM Retail Affiliates are not qualified to join the promo and win any prize. There will be 72 winners of P100,000 (One Winner Per Branch) worth of SM Gift Card and 7,000 winners of P1,000 SM Gift Pass nationwide. Customer journey to play the game: Scan the QR Code at the cashier or go to the promo website URL – mastercardsmstorepromo.com to register (one-time only) with an email address or mobile number. Facebook or Google accounts can also be used for registration. After making a transaction, select the corresponding SM Store location (SM Store branch) then select the transaction type and input the corresponding code: Debit – invoice number Credit - Approval Code Upon successful submission, the game opens up for the customer to play. The Customer plays by shaking the Christmas snow globe. If the Christmas snow globe displays winning face with SM Gift Card, the Customer wins either P100,000 or P1,000 SM worth of Gift Pass/Card. If the Christmas Snowball does not show the winning face, the Customer does not win any prize. The prizes that the Customer has won will be stored in the Prizes tab of the Promo Website. Customer can choose to redeem at any time within the redemption period. Customer can redeem the SM Gift Card/SM Gift Pass in-store by showing the Voucher Code at the SM Customer Service Counter. Customer will need to present the original charge slip for verification purpose. Purchase of cell cards, phone cards, SM Gift Cards, SM Gift Pass, Concert Tickets, Returns, Bills Payment Products, and other products at the Customer Service Counter are not qualified for this promotion. Splitting of transactions is prohibited and shall not be allowed for redemption. Customer may only win one prize per game. To claim the prize, winner must present the following at the Customer Service Counter (BCO) of the SM Store where the transaction was made: Voucher Code Original charge slip (customer copy) of the SM Store transaction Customer Service must verify the original charge slip made at SM Store. Redemption of prizes is from October 12, 2022 until February 28, 2023. Prize is non-convertible to cash. SM Store and Mastercard reserve the right to disclose and publish names, photos, videos and other information of the winners in any mode or manner as they deem appropriate. Employees of SM Store, Mastercard, and its accredited advertising agencies and suppliers, and their family relatives up to 2nd degree of consanguinity or affinity are disqualified from participating in the promotion. Per DTI Fair Trade Permit No. FTEB-151868 Series of 2022.
READ MOREPromo Mechanics Qualified Cards: Mastercard Credit, Debit and Prepaid Cards (including all issuing banks) Promo Period and Promo Offer Promo Period: Dec 21 - 23 , 2022 The Promotion is open to all issuing banks of active Mastercard Principal or Supplementary Credit, Debit, and Prepaid Cardholders. Promo Offer: Enjoy P200 OFF with Mastercard on Lazada’s LazBeauty Fest! The Promotion is open to all active Mastercard Credit, Debit, and Prepaid Cards issued in the Philippines. The promo can be availed by using the promo code MCBEAUTY. Discount applies for a minimum transaction amount of P2,000. Minimum spend applies to total price of selected items in cart prior to any discounts. The Promo is valid only on regular and sale items from the Beauty, Beauty Supplements and Personal Care categories at Lazada. Purchase must be made on December 21-23, 2022 Philippine time on the Lazada mobile app. Discount will apply when the voucher is entered at the Payment Page and the eligible Visa Credit, Debit, or Prepaid Card is selected as the payment option. Customer must check if discount amount is applied before proceeding to final check-out. How to Avail Via Lazada Mobile App Download the Lazada app for free via App Store for Apple users or Google Play store for Android users. Collect Shipping fee voucher from the Mastercard landing page on Lazada. Select the item/s you wish to purchase then click “Add to Cart”. Prepare your card details for the transaction. Click the Shopping Cart icon on the right, topmost portion of the screen to view all the items on your Shopping Cart. Select the item/s and applicable shipping fee voucher prior to checking out. Once you have reviewed the items on your Shopping Cart, click “Check Out”. Make sure to check if the discount was applied to total billing before proceeding to check out. Enter your shipping and billing information and select the credit card as payment method. Enter your Mastercard Credit/Debit/Prepaid Card details and make sure to check if the discount was applied to total billing before proceeding to place the order. Click “Place Order” to complete the transaction. Terms and Conditions Discount is only applicable to transactions with items from the Beauty, Beauty Supplements and Personal Care categories. Discount voucher is valid for one-time use within each promo period. Discount is applicable to all Mastercard Credit, Debit, or Prepaid Cards only. Discount is applied automatically at the checkout only when the voucher code has been successfully applied on the order. Discount is not exchangeable for cash, credit or other goods and services. Discount amount cannot be applied retroactively. Discount is not applicable to items marked “Voucher code not applicable on this item”. All cancelled orders will not be valid for re-instatement of voucher codes. Applicable only to eligible credit card BINs and eligible items. Payment codes cannot be used with other collectible or static code discount vouchers. The use of the voucher is subject to the Lazada Voucher Terms and Conditions. Discount is not applicable to digital goods, stores with digital goods product/s, milk products for 3 years old below (under the Milk Code) and other goods from blacklisted sellers set by Lazada.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (5th from right) and Pure Energy Holdings Corp. and Cabanglasan Hydropower Corp. (CHC) Chairman Dexter Y. Tiu (4th from right) sign a P2.6-billion loan agreement to partially finance a 15-megawatt hydropower plant in Valencia City, Bukidnon, under the LANDBANK Renewable Energy Program. They are joined by (from R-L) CHC Chief Finance Officer Atty. Rolando Domingo, CHC President Johnson A. Sanhi, Jr., Repower Energy Development Corporation (REDC) President and CHC Director Eric Peter Y. Roxas, and from LANDBANK, Senior Vice Presidents Celeste A. Burgos and Lucila E. Tesorero, and Vice President Emma M. Brosas. The Land Bank of the Philippines (LANDBANK) and Cabanglasan Hydropower Corporation (CHC), a wholly-owned subsidiary of Repower Energy Development Corporation (REDC), have signed a P2.6-billion loan agreement to partially finance the construction of a 15-megawatt hydropower plant in the Province of Bukidnon, that will help advance the country’s climate change mitigation and adaptation efforts. Under the LANDBANK Renewable Energy Program, the run-of-river hydropower plant will be developed on the Pulangi River in Barangay Lumbayao, Valencia City, to sustainably improve the quality and reliability of energy supply in nearby cities and towns in the Province. The loan signing was led by LANDBANK President and CEO Cecilia C. Borromeo and Pure Energy Holdings Corporation and CHC Chairman Dexter Y. Tiu on 6 December 2022 at the LANDBANK Plaza in Manila. They were joined by REDC President and CHC Director Eric Peter Y. Roxas, CHC President Johnson A. Sanhi, Jr., and from LANDBANK, Senior Vice Presidents Celeste A. Burgos and Lucila E. Tesorero, among other Bank officers. “Through the years, LANDBANK has collaborated with REDC and its subsidiaries towards advancing clean, sustainable, and reliable sources of renewable energy. We actively support local projects that aim to secure a safe and sustainable future for the country, as part of our broader commitment to help build sustainable and resilient communities,” said President Borromeo. Upon its completion in 2025, the hydropower plant is estimated to power around 130,000 households in 15 municipalities in the Province. The stable energy supply is likewise expected to benefit Bukidnon’s local economy, particularly its tourism, agriculture and industrial sectors. “In just six short years of development, our group has brought 10 renewable energy power plants to operations – of which six are run-of-river hydropower, contributing around 50MW of clean energy to the grid. We have several hydropower projects under construction and in the pipeline, which we intend to bring to operations in the near future to help the country transition into a clean renewable, energy phase,” said REDC President Roxas. “We would like to extend our deepest gratitude to the financial institutions who stood by us and provided project finance like LANDBANK, led by President Cecilia Borromeo, for their trust and confidence in the Pure Energy-REDC Group time and again,” Roxas added. LANDBANK is at the forefront of promoting environmental sustainability in the country by supporting initiatives aimed at protecting the environment. As of end-October this year, the Bank has approved a total of P20.1 Billion in loans to 56 borrowers under the LANDBANK Renewable Energy Program, in support of local projects that harness solar, hydro, and biomass energy sources.
READ MORELANDBANK 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 MOREAs of Thu, April 24, 2025
| Buying | Selling | |
|---|---|---|
| USD | 56.25 | 56.75 |
| JPY | 0.3874 | 0.402414 |
| EUR | 62.825564 | 65.256485 |
| GBP | 73.561749 | 76.408087 |
| HKD | 7.222614 | 7.76079 |
As of Wed, April 23, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.557277 |
| Money Market Fund | 1.310499 |
| Money Market Plus Fund | 1.222999 |
| PERA Money Market Fund | 1.023529 |
| Medium-Term Bond Fund | 2.470284 |
| Bond Fund | 2.024201 |
| PERA Bond Fund | 1.198958 |
| Balanced Fund | 2.586074 |
| Growth Fund | 2.562272 |
| Alpha Equity Fund | 2.965405 |
| Blue Chip Equity Fund | 0.955259 |
| Equity Fund | 0.775159 |
| High Dividend Equity Fund | 1.007571 |
| US$ Money Market Fund | 1.431701 |
| Global $ Fund | 1.516504 |
