business

DDMP REIT IPO

March 9, 2021

✅DDMP REIT IPO Offer period starts Today! 📌 ₱2.25 pesos per share 📌 Minimum buy of 1,000 shares (₱2,250 pesos min.) Contact any of your favorite stock broker. Or click👇 📌 https://ddmpreit.com/invest/ (See IPO details attached)

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AIA Philam Life provides comprehensive health protection for every Filipino family

March 3, 2021

If there was one thing we learned from 2020, it’s making sure that health is a top priority. The rising number of cases and deaths caused by the pandemic served as a wakeup call for Filipinos to safeguard their family's wellbeing.   In a recent online event held for the media, AIA Philam Life tapped its protection ambassadors Gary Valenciano, his son Paolo Valenciano and wife Sam Valenciano, to share their personal stories of protection and the importance of passing on the legacy of protection to the younger generation.   Protection is at the core of AIA Philam Life’s mission—to race against risk and protect every Filipino family and empower them to live healthier, longer and better lives. In fulfillment of this mission, AIA Philam Life launched innovative products within the last two years, referred to as the Protection Trinity, designed to help address the basic protection needs of Filipinos: life, critical illness, and medical.   AIA Critical Protect 100 was launched in 2019, providing coverage from 100 critical illnesses, from age 0 to 100. Within the same year, AIA All-In-One was introduced—an affordable non-participating whole life insurance plan which provides financial protection from death, accident, disability, and critical illness, offering comprehensive and guaranteed protection benefit against risks (including natural calamities and riding public transportation) that may be experienced now or in the future.   Last year, the trinity was completed with the launch of AIA Med-Assist, designed to help manage the financial burden of Filipino families due to unexpected medical expenses. AIA Med-Assist bridges the expense gap between HMO and life insurance coverage to ensure savings remain untouched despite hospital confinement for more than 12 hours.   To further strengthen its Protection Trinity portfolio, AIA Philam Life recently launched the newest addition, AIA Health Cover, a peso-denominated variable life insurance plan which provides all-around health and critical illness protection. Tennyson Paras, AIA Philam Life Head of Products, explains, “In developing AIA Health Cover that offers comprehensive health and protection benefits, we give Filipinos a product that can cover them in case they are diagnosed with any of the 91 critical illnesses or get benefits like a daily allowance if they are hospitalized for at least 24 hours.”   Leo Tan, AIA Philam Life Chief Marketing Officer, shares the rationale for the development of the Protection Trinity portfolio, “With the huge protection gap in the country coupled with the low insurance penetration rate, there’s a lot of work to be done in the fulfillment of our mission of racing against risk, and developing the Protection Trinity products was one of the best ways we can achieve that. This is the basic financial need that Filipinos have not been paying attention to these past few years, and with the pandemic bringing into focus the importance of protection, we want to make sure we are offering them the best and complete suite of products to meet that need. By making sure that we have the right products, we go a long way in helping our customers live Healthier, Longer and Better Lives.”   Know more about AIA Health Cover and AIA Philam Life’s protection products by visiting the AIA Philam Life website at philamlife.com, Facebook page at https://www.facebook.com/AIAPhilamLife/, email philamlife@aia.com or call (02)8528-2000.

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Globe announces full year 2020 results

February 17, 2021

AS a testament to Globe’s commitment to provide internet access to all Filipinos, the Company invested a total of ₱60.3 billion in capex in 2020, surpassing last year’s record level spending by 18%. Also, 2020 capex represented 41% of gross service revenues and 82% of EBITDA. Majority of the capex or about 86% went to data-related requirements to meet the growing data demands of Filipinos nationwide. Full year 2021 cash capex is expected to reach a new record of ₱70.0 billion to execute the Company’s network roll-out strategy that includes aggressive cell site builds, upgrade of all its sites to Fourth Generation/Long-Term Evolution technology (4G/LTE), and fast-tracking the fiberization of Filipino homes nationwide. This record-breaking capital expenditure supports Globe’s continuous modernization of its network to make 5G as well as fiber technology available to customers in more areas in the country. Globe’s massive network investments likewise prove its strong support of the United Nations Sustainable Development Goals, particularly UN SDG No. 9 which highlights the roles of infrastructure and innovation as crucial drivers of economic growth and development. Despite the continuing impact of the Coronavirus disease (COVID-19) pandemic, Globe was able to build close to 1,300 new cell sites or cell towers, up from 1,100 the previous year. Also, the aggressive modernization of its existing network infrastructure resulted to a total of 11,529 site upgrades to 4G/LTE this year, higher than the 10,135 in 2019. Moreover, Globe deployed 5G sites in Metro Manila, as well as certain cities in Visayas and Mindanao making 5G available in 1,045 areas in the country. These network improvements enhanced the customer experience and the Filipino digital lifestyle, and addressed the challenges of the new normal. The new site builds and network upgrades all over the country were validated by an increase in mobile consistency scores across all regions as indicated in the recent report from an independent analytics firm, Ookla®. Its quarterly data shows that Globe's overall Consistency Score in the fourth quarter of 2020 improved to 60.82% from previous quarter’s 56.83%. Globe’s regional mobile Consistency Score™ also improved from the previous quarter in 16 out of 17 regions. In addition, Globe registered increases as high as 10 PPTs (percentage points), with Consistency Scores ranging from 39% and 65% in the last quarter of 2020. Globe financial and operating results for 2020 reported consolidated service revenues of ₱146.4 billion, a moderate decline of 2% from the record level of ₱149.0 billion reported a year ago.

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Basa Books now open at Ayala Malls Centrio

January 15, 2021

Basa Books is a locally owned purveyor of brand-new books at amazing value.    The titles have been carefully selected, with the aim of satisfying a wide array of reading interests. Some of the genres in the offer include children's books, young adult fiction, contemporary fiction, classics, and fantasy. For the non-fiction aficionados, there are cookbooks, biographies, as well as books on wellness, sports, business, economics, history, and many more. There is definitely something at Basa Books for everyone.    And that’s not even the best part. What’s most exciting about Basa Books is that absolutely all of the titles are at 50% off the list price.   It’s only fitting that the first Basa Books pop-up store be launched in Cagayan de Oro City, where the brand’s founders are from. They grew up loving books and want everyone else to share that affection. This is why Basa Books is committed to providing a great selection of books and always at excellent accessible value.   “Books take you places without having to leave the safety of your home. In these trying times, we need the solace and escape that books offer more than ever,” says co-founder Atty. Maricel Seno.    The Basa Books pop-up store officially opens at Ayala Centrio Mall, Ground Floor (beside Mango) on 20th January 2021, and will be there until March 2021.

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H&i Health and Beauty YEAR END SALE

December 29, 2020

Avail our YEAR END SALE BUY 2 take 1 FREE!!! “H&i ORGANIC FOOD LINE PRODUCTS “ Organic chocolate Bar Artisan BUY 2 get 1 FREE! (w/ box&tags 150php ) *Organic Dark Chocolate bar Artisan *Organic White Chocolate bar Artisan CHOCOLATE BLEND POPCORN WITH ALMOND NUTS” *TASTE POUCH 100php *White Chocolate Blend Popcorn with Almond Nuts *DarkChocolate Blend Popcorn with Almond Nuts Thai Style Hot Sauce with two flavors and 3 sizes : *Thai Style RedHot Sauce 50ml-(100php w/o box ) 120php w/ box&tags) *Thai Style Hot&Spicy Sweet Chili Sauce150ml - (199 w/o box ) ( 220w/ box&tags) *Thai style Duo 2 flavors with box&tags -280php Open For Any Occasions #OpenForResellers#H&iNatural&Organic #YEARENDSALE #H&iProductsForLife

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Coca-Cola: Thriving together beyond 2020

December 17, 2020

Fear. Disruption. Uncertainty. These words perhaps best sum-up the feelings felt by all Filipinos this 2020 in light of the COVID-19 pandemic. While some sectors were somehow able to weather the resulting storm slightly better than the rest, it is the most vulnerable who truly bore the biggest brunt and suffered the most.   In the midst of the uncertainties of the present and the future, one thing was certain for Coca-Cola, that the only way to bounce back from this hurdle is to look after, and be there for each other. That exactly is what the Company focused on throughout 2020-- going beyond the challenges and ensuring the Company’s presence in people’s lives, especially those largely impacted by this crisis. And this purpose somehow defined a refreshing picture of success for a challenging year.   Beyond refreshing people to investing in the future of the PH   2020 was truly challenging but the Coca-Cola system in the Philippines remains confident that a better tomorrow awaits Filipinos. This is because the Company believes that just as how the Filipino - its employees, partners in the value chain, and communities - has fueled the domestic economy and its own growth through the years, the same indomitable spirit will inspire the country’s rebound towards a much stronger future for all.   “Coca-Cola knows how much it’s been a part of the lives of Filipinos, and we’re appreciative of how they’ve warmly embraced the brand through the years,” says Atty. Juan Lorenzo Tañada, Corporate and Regulatory Affairs Director of Coca-Cola Beverages Philippines, Inc. (CCBPI), local bottling partner of the beverage brand. “It is because of this that we reaffirm our commitment to our fellow Filipinos especially during these hard times. Rest assured we will be there for you as we collectively move towards a full and stable recovery and a better tomorrow.”   To this end, CCBPI has invested an additional $22M, or approximately PHP1.1B, in its local operations for 2020, augmenting the original $73M investment already earmarked for the year. These investments are geared towards further expanding local production while spurring much-needed job creation. Furthermore, the company’s commitment to environmental sustainability will see the establishment of a P1 billion recycling facility, PETValue Philippines, with the end in view of recycling the equivalent of every bottle it sells. Beyond providing relief to enabling a sustainable recovery for Filipinos   With the mission to continuously make a difference, Coca-Cola also set out to help communities, micro-retailers and overseas Filipinos achieve a more sustainable recovery from this year’s challenges. Recognizing the value of micro-retailers in Philippine economy and its value chain, the Company partnered with different government agencies to provide P157 million ReSTART bridge loan support fund to help 15,000 sari-sari stores and carinderia owners recover from their loss. Two hundred thousand educational posters and more were also distributed under the Safe Store movement to help micro-entrepreneurs reopen safely and with confidence, enabled by the provision of necessary financial support and business recovery knowhow together with critical information on safe store operations.   “With our expansive presence, we have a firsthand grasp of the needs of various communities,” says Jonah de Lumen-Pernia, Public Affairs, Communications and Sustainability Director of Coca-Cola Philippines. “This allows us to address their needs in a manner that’s timely and responsive, and we will continue to be there to help them in the best way we can.”   Coca-Cola is likewise committed to help empower returning overseas Filipinos–drivers of the Philippine economy and truly modern-day heroes–through their OFW RISE Program and Balik Pinas Project. Through educational and financial support, most of them will be more capable of fulfilling their dreams as entrepreneurs while spending time with their families.   Part of sustainable recovery is ensuring that communities have access to clean water for health and sanitation use that’s imperative during this pandemic. Thus, Coca-Cola also provided 215 water stations to various communities in the country.   With these various support programs, those in the Company’s value chain as well as its surrounding communities are poised for a sustainable recovery, empowering them to be better prepared to withstand future calamities and challenges.   A commitment made even stronger today and beyond   Yet, in the best and worst of times, the Company has always gone beyond its role of being a beverage company—by being there for communities always ready to lend a hand, to extend support, and to ensure that even after all these crises, we will stand together with the Filipinos, stronger and even better.   From swiftly providing aid when the Taal volcano erupted to rechanneling the sizable 150-million-peso advertising budget to help address the communities’ needs in the pandemic to putting their employees’ and partners’ needs first – Coca-Cola’s story remained true to its core: how the company is always striving to go beyond good.   In taking care of their own during the height of the pandemic, Coca-Cola deployed a 2-billion-peso employee assistance fund along with additional non-monetary support that ensured the safety, good health, and well-being of Company associates across their 19 plants and 70 distribution centers in the country during the lockdown. This also ensured that operations remained unhampered, allowing for the delivery of Coca-Cola products to partners, communities, and consumers.   Meanwhile, in response to what is an extraordinary health crisis, through the Coca-Cola Foundation Philippines, the beverage brand partnered with different organizations and companies like Caritas Manila, Rise Against Hunger Philippines, Jollibee Foundation, McDonald's Philippines, PBSP, Mangyan Mission, TOWNS, PDRF, Synergeia Foundation and others in the delivery of relief goods. Through various other partnerships, the Company was able to provide 2 million liters of water to over 8000 hospitals, food packs to around 65,000 families, more than 174,000 Personal Protective Equipment (PPEs) to more than 51,000 frontliner across 350 institutions. The Company’s all-out support for Filipinos continued unwaveringly, even as other calamities happened. The immediate need for water was addressed, with Coca-Cola delivering an additional 100,000 liters of water, as well as food packs to affected communities; and just recently, its local bottler launched the Bangon Pinas initiative wherein they provided P3.2 million worth of support in order to help over 330 affected partners recover from the devastation . As the challenging year that is 2020 draws to a close, Coca-Cola has always been confident in the ability of the Filipino to bounce back and recover, however arduous a task this may be. As we welcome and look forward to a new year ahead, the Company reaffirms its commitment towards being there for communities, working side-by-side as we re-emerge stronger, more resilient, and together forging brighter horizons ahead.

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