To 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 MORELANDBANK President and CEO Cecilia Cayosa Borromeo (4th from left) and other Bank officers welcome Israeli Ambassador to the Philippines Ilan Fluss (3rd from left) on 17 January 2023 to discuss potential collaboration programs geared towards advancing innovation and development in the country. Joining them from Israel-based AgroStudies are CEO Yaron Tamir (2nd from left) and Deputy Inbal Shoval (leftmost). To further strengthen bilateral relations between the Philippines and Israel, the Land Bank of the Philippines (LANDBANK) and the Israel Embassy explored possible areas of collaboration to advance economic development in the country. Israeli Ambassador to the Philippines Ilan Fluss paid a courtesy visit to LANDBANK President and CEO Cecilia C. Borromeo at the LANDBANK Plaza on 17 January 2023. The principals discussed Israel’s modern technologies and best practices for possible adoption in the Philippines, to be supported by LANDBANK’s expertise in agriculture and development financing. “LANDBANK continues to explore strategic partnerships to help advance national development. We look forward to collaborate with the government towards the adoption of innovative technology and approaches, especially in the agriculture sector,” said LANDBANK President and CEO Cecilia Cayosa Borromeo, who was joined by Senior Vice President Elcid C. Pangilinan and Assistant Vice President Edgardo S. Luzano during the meeting. Ambassador Fluss was joined by representatives from AgroStudies, an international training center in Israel which offers agricultural internships to students from developing countries, led by its CEO Yaron Tamir and Deputy Inbal Shoval. A potential partnership to endorse qualified Filipino students to undergo advanced learning and skills development training in agriculture technology and innovation in Israel was also discussed, aimed to help develop a more sustainable agriculture sector in the country.
READ MORELANDBANK President and CEO Cecilia Cayosa Borromeo (5th from left) and Sarangani Governor Rogelio D. Pacquiao (4th from left) lead the signing of a P1-billion loan Term Sheet to fund the province's development projects on 19 January 2023 at the Grand Summit Hotel in General Santos City. They are joined by Vice Governor Dr. Elmer T. De Peralta (3rd from left) and Provincial Administrator Atty. Ryan Jay R. Ramos (2nd from left), together with LANDBANK Senior Vice Presidents Leila C. Martin (6th from left) and Ma. Celeste A. Burgos (rightmost), with Vice President Eden B. Japitana (leftmost). GENERAL SANTOS CITY, South Cotabato – The Land Bank of the Philippines (LANDBANK) has committed to provide the Provincial Government of Sarangani with P1-billion worth of loans to fund the province's various development projects. LANDBANK President and CEO Cecilia Cayosa Borromeo and Sarangani Governor Rogelio D. Pacquiao signed the term sheet for the proposed loan on 19 January 2023 at the Grand Summit Hotel in General Santos City. They were joined by Vice Governor Dr. Elmer T. De Peralta, Provincial Administrator Atty. Ryan Jay R. Ramos, together with LANDBANK Senior Vice Presidents Ma. Celeste A. Burgos, Leila C. Martin, Charlotte I. Conde, and Camilo C. Leyba, and Vice President Eden B. Japitana, among other Bank officers. “LANDBANK fully supports the vision for Sarangani Province to have a self-sustaining and globally competitive economy. Together, let us continue to explore more avenues for collaboration, in the service of your constituents, and the nation at large,” said President Borromeo. The loan was approved by the LANDBANK Board on 25 January 2023. Of the P1-billion loan, Sarangani eyes to allocate P500 million for the acquisition of several heavy equipment, P200 million for hospital and medical equipment, and P300 million for the establishment of the Provincial Agri-Fisheries Complex. "My heartfelt appreciation and gratitude to LANDBANK for gladly opening its doors, once again, to the Provincial LGU of Sarangani with its proposal to raise as much as P1 billion to fund the province's programs and projects," Governor Pacquiao said. The governor added that the funding support will "fuel the work of the Provincial LGU as we intensify our efforts in delivering more basic services to the people, as well as reach targeted goals for a more resilient, dynamic, and progressive Sarangani." Likewise, LANDBANK and the provincial local government of Sarangani signed a Memorandum of Understanding (MOU) for the use of LANDBANK’s electronic payment channel. Through the LANDBANK Link.BizPortal, Sarangani residents can now digitally pay for fees, dues, and charges to the provincial government in real-time and at their convenience with just a few clicks on their computers or mobile devices. The Provincial Government of Sarangani joins 1,136 government and private partner merchants nationwide that have been enrolled in the LinkBizPortal system, as of end-December 2022. From January to December 2022, the LANDBANK Link.BizPortal facilitated 5.8 million transactions with value of P11.6 billion, representing increases of 49% and 11%, respectively, year-on-year. LANDBANK is offering a menu of digital products and services to all local governments nationwide, in support of Executive Order 170 or the Adoption of Digital Payments for Government Disbursement and Collections. The LANDBANK Link.BizPortal is also in line with the national government’s call for a National Retail Payment System, which also supports the “eGov Pay” payment solution of the Bangko Sentral ng Pilipinas (BSP).
READ MOREILOILO CITY – (left photo) Field officers and employees of the Land Bank of the Philippines (LANDBANK) dance to pounding drumbeats during the Dinagyang Festival parade on 21 January 2023. (right photo) A booth was also put up in front of the LANDBANK Iloilo Branch in Iznart Street to accommodate inquiries on the Bank’s products and services from attendees of the festival, which was sponsored in part by the Bank. LANDBANK is servicing the banking and financial needs of Ilonggos across the province through its 14 branches, 70 Automated Teller Machines (ATMs), 44 Agent Banking Partners (ABPs), and the Iloilo Lending Center in Iloilo City.
READ MORE(left) LANDBANK President and CEO Cecilia Cayosa Borromeo (3rd from left) and Surallah Mayor Pedro Matinong, Jr. (2nd from left) lead the ceremonial launching of the LANDBANK Link.BizPortal as an alternative payment channel of the Municipal Government of Surallah for the payment of local dues and fees online. (right) The two principals demonstrate the convenience of using the payment facility during the event launch on 20 January 2023 at the Surallah Municipal Hall. SURALLAH, South Cotabato – In line with digitalizing public services, the Municipal Government of Surallah has partnered with the Land Bank of the Philippines (LANDBANK) to provide its constituents with an online payment option to settle local government fees. Through the LANDBANK Link.Biz Portal, residents of the Municipal Government of Surallah can now conveniently pay fees and taxes online, eliminating the need to physically travel and queue at the Surallah Municipal Hall. LANDBANK President and CEO Cecilia Cayosa Borromeo and Surallah Mayor Pedro Matinong, Jr. led the ceremonial launching of the Link.BizPortal on 20 January 2023 at the Surallah Municipal Hall. They were joined by Municipal Administrator Rene G. Garcia along with LANDBANK Senior Vice Presidents Celeste A. Burgos, Leila C. Martin, and Charlotte I. Conde. “LANDBANK fully supports Surallah’s growth agenda in building quality infrastructure and in developing a bustling economic environment. We greatly appreciate the LGU for allowing us to be part of their digitalization journey to deliver convenient public services to its constituents,” said President Borromeo. Through a Memorandum of Agreement (MOA), the LANDBANK Link.BizPortal will facilitate for the Surallah LGU payments for regulatory fees, such as license and permit fees, as well as real property and business taxes. The Bank shall also ensure the online payment facility’s utmost security and report to the LGU the number and total amount of transactions or collections facilitated daily. “Nawa’y magamit natin ang teknoloyihang itong handog ng LANDBANK para mas mapabuti pa ang serbisyo ng LGU Surallah sa lahat ng ating mga mamamayan. Asahan po ninyo na kaisa ng LANDBANK and Surallah sa pagsulong ng mga teknolohiyang magpapagaan ng pamumuhay ng mga taga-Surallah,” said Mayor Matinong. LANDBANK is offering a menu of digital products and services to all local governments nationwide, in support of Executive Order No. 170 or the Adoption of Digital Payments for Government Disbursement and Collections. The LANDBANK Link.BizPortal is also in line with the national government’s call for a National Retail Payment System, which also supports the “eGov Pay” payment solution of the Bangko Sentral ng Pilipinas (BSP).
READ MORELANDBANK Visayas Lending Group Head, Senior Vice President Elsie Fe NB. Tagupa (3rd from left) and Western Visayas Transport Cooperative (WVTC) Chairman Raymundo G. Parcon (4th from left) lead the loan signing for the purchase of 95 modern jeepneys on 19 January 2023 at the Richmonde Hotel in Iloilo City. ILOILO CITY – Some 95 additional new modern jeepneys will start plying the city’s streets in February 2023 after the Land Bank of the Philippines (LANDBANK) and Western Visayas Transport Cooperative (WVTC) signed a loan contract for the acquisition of brand new and environment-friendly public utility jeepneys (PUJs). LANDBANK Visayas Lending Group Head, Senior Vice President Elsie Fe NB. Tagupa and WVTC Chairman Raymundo G. Parcon led the loan signing on 19 January 2023 at the Richmonde Hotel in Iloilo City. They were joined by WVTC General Manager Halley T. Alcarde and other co-op members, alongside LANDBANK Iloilo Lending Center Head, Assistant Vice President Giovani T. Baoy and other Bank officers. The WVTC’s modern jeepneys will provide a convenient, safe, and comfortable commuting experience for Ilonggos in 13 routes in Iloilo City. The units will be equipped with air-conditioning, closed-circuit television (CCTV) systems, Wi-Fi connectivity, Global Positioning System (GPS), and a cashless payment system, among others. More than the safety and convenient features, modern jeepneys have minimal impact on the environment as these will be compliant with the European emission standards for globally-accepted vehicle exhaust emission limits. “LANDBANK remains committed to supporting the National Government’s agenda towards building a modernized transport system. We stand ready to assist more transport cooperatives and corporations nationwide to make the shift to safer and more efficient vehicles,” said LANDBANK President and CEO Cecilia Cayosa Borromeo. LANDBANK’s financing for the purchase of modern jeepneys will also provide a sustainable source of income to over 700 operator and driver-members of WVTC, who were previously at risk of losing employment with the planned phaseout of old jeepneys. “Nagpapasalamat kami sa LANDBANK sa tiwala at tulong nito sa aming kooperatiba. Pumupunta sila sa aming opisina at talagang ginagabayan kami para matapos ang mga loan requirements. Sana magpatuloy pa ang tulong sa amin ng LANDBANK upang patuloy naming maserbisyuhan ang mga commuters sa Iloilo City,” said WVTC Chairman Parcon. The WVTC was formed in 2017 to comply with the Department of Transportation’s (DOTr) order to convert various associations of operators and drivers into a cooperative to operate modern PUJs. In April 2022, the cooperative was granted a franchise by the Land Transportation Franchising and Regulatory Board (LTFRB) to operate more than 550 units plying 13 routes in Iloilo City. The co-op plans to seek LANDBANK’s assistance again to fund its remaining approved units. The modern jeepneys of WVTC are financed under the LANDBANK SPEED PUV (Special Package for Environment-Friendly and Efficiently-Driven Public Utility Vehicles) Program, which directly supports the Public Utility Vehicle Modernization Program (PUVMP) spearheaded by the DOTr and LTFRB. As of 31 December 2022, LANDBANK has approved P6.3 billion in loans to 138 transport cooperatives and corporations nationwide under the Program for the acquisition of over 2,860 modern jeepneys. Of this number, the Bank has extended P751.2 million to 10 borrowers from Iloilo to finance a total of 334 units.
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 |
