BDO Wins Best Cash Management Solution in the PH

BDO Unibank Inc. (BDO) won the Best Cash Management Solution in the Philippines award at the 16th Annual Best Deal and Solution Awards 2022. BDO was recognized for its collections solutions for the Bank’s client, International Container Terminal Services Inc. (ICTSI), known to be among the world’s top 10 global terminal operators. The award was given by Alpha Southeast Asia, an institutional investment publication focused on Southeast Asia which includes the Philippines, Singapore, Indonesia, Malaysia, Thailand, and Vietnam.

BDO Unibank wins the Best Cash Management Solution in the Philippines award at Alpha Southeast Asia’s16th Annual Best Deal and Solution Awards 2022.

  

BDO has consistently been providing innovative solutions specific to the institutional client’s need in managing their cash flow requirements through the Bank’s efficient payments and collections processes supported by its enhanced digital technology.

 

The Collections Facility which allows Real-time Settlement and Notification of each payment received enables the Bank to fully cover the reconciliation and matching requirements of ICTSI’s customs and duties processes. From big shipping companies and brokers to sole proprietors, each of these ICTSI clients can now pay their fees and duties through the Bank’s digital platforms --- Business Online Banking (BOB) and Personal Online Banking (POB), as well as over the counter (OTC) at any BDO branch, the network with the widest coverage in the country.

 

“Our partnership with ICTSI embodies our philosophy of ‘We Find Ways.’ This solution helps ICTSI customers save on port charges, as their dues are settled faster and goods are released quicker. ICTSI, on the other hand, also benefits from faster payment reconciliation and quicker turnover of goods on their ports. This solution focuses on giving the rich payment information quicker while also speeding up the movement of cash in real-time manner,”said Carlo Nazareno, Senior Vice President and head of Cash Management Services of BDO Unibank.   

 

BDO is the country’s largest bank in terms of total assets, loans, deposits and trust funds under management. The Bank has the country’s largest distribution network, with over 1,600 consolidated operating branches and more than 4,600 ATMs nationwide, and has 16 international offices in Asia, Europe, North America and the Middle East. The bank also offers extensive digital banking solutions to make banking easier, faster, and more secure for its clients. 

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PH needs to empower more women consumers, entrepreneurs to drive economic growth

The Philippines has made progress in promoting gender equality and women’s economic empowerment, but much work remains to be done. 

While more women are able to pay for major purchases and women-owned micro, small, and medium enterprises (MSMEs) are on the rise, they continue to face significant challenges in accessing financing, technologies, and markets that will allow them to invest in and venture into entrepreneurship.

Miyu Lavarro manages the day-to-day operations of Jabella Café. It was through BDO Network Bank’s Kabuhayan Loan that Jabella Café was able to restart after its shutdown during the coronavirus pandemic.

At the CNN Philippines’ #EmbraceEquity Women’s Summit, BDO Vice President and Head of Sustainability Marla Garin-Alvarez shared insights on how women consumers and entrepreneurs drive the growth of MSMEs in the Philippines. She shared that 48% of BDO’s auto loans and home loans are by women clients, yet vehicles and homes are often marketed primarily to men. She highlighted that a majority of BDO’s MSME clients are women-owned, with women accounting for 66% of their total client base.

“We need to ensure that women are able to explore opportunities for them to contribute to the economy. We are proud that we support women as consumers and as entrepreneurs through products and services offered by BDO,” Garin-Alvarez said.

Garin-Alvarez explained that while women are represented in the workforce and leadership, there is still a gap in women’s wealth accumulation. Women need both financial services and non-financial services such as financial literacy in banking, investments, inheritance, and property ownership to help them build wealth.  

Garin-Alvarez also added that from BDO’s experience, women entrepreneurs have a better repayment history. She emphasized that providing adequate support to women entrepreneurs is crucial to encourage more of them to venture into entrepreneurship that brings growth to the economy. 

Greater collaboration between the government, financial institutions, and the private sector should be established to create a more enabling environment for women consumers and entrepreneurs. This includes providing access to finance, mentoring, training, and networking opportunities that will help women consumers be more financially independent and women entrepreneurs to start or to scale their businesses.

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Hino Naga Launches the All-New Hino 200 Series

Small and Medium Business Scale Owners in Bicol, it’s time to upgrade to a reliable truck! A truck that is Light and Convenient, perfect for your businesses day in and out.

The All-New HINO 200 Series is the smallest in the truck line up of Hino that even Non-Pro Driver’s License* (old license) owners can drive. It’s a small yet still a heavy-duty truck.

Fb page: https://www.facebook.com/hinonaga.ph

The launching was graced by Hino Philippines President Mr. Shingo Sakai, Mr. Oliver Dela Cruz (VP Sales), Mr. Percibal Ronario (VP After-Sales).

Key Features:

Reliable Engine (Toyota 1GD-FTV, Diesel, 4 Cycle, Turbo-Charged & Intercooled, Water-cooled, DOHC, CRDI)

Big Cargo Capacity

Safe Driving (equipped with speed limiter 130km)

Agile Maneuvering (small turning radius 4.7 meters)

Standard Accessories
* Cab Aircon
* Front and Rear Tow Hook
* Power Window
* Power Lock
* Rear View Mirror
* Sun Visor (Driver & Passenger)
* Room Lamp
* Radio with Bluetooth, AUX, & USB Port
* Cigarette Lighter
* Cup Holder

Safety Features:
* Halogen Head Lamp
* Fog Light (LED)
* Front Under Protection
* Side Beam Protection
* Side Mirrors and Ball Mirror
* 3 pt. ELR Seatbelts for Driver and Passenger, and 2 pt. NR for Center Seat
* Loud Back up Buzzer

Optional 
* ABS
* Vehicle Stability Control
* SRS Airbag

Your trucks can be customized according to your needs. Hino promises to help you manage and maintain your vehicle. “Doing more” is Hino’s promise because it is global brand of life and value. Highest standards from Japan with a Filipino Heart with genuine regard for the users’ welfare.

HINO (A Toyota Group Company) Naga is the only Hino Dealer to date here in Bicol. Experience total support “to more and be more”.

Fb page: https://www.facebook.com/hinonaga.ph

Maharlika Highway Concepcion Grande (Beside Geely CamSur), #NagaCity

#WeAreHino

#HinoNaga200SeriesLaunch

#nagacitydeck

#NCDdailydrives

#JoelNooraPhotography

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