BPI launches latest Ka-Negosyo loans
The Bank of the Philippine Islands (BPI) recently introduced new loan products and programs designed to help small and medium enterprises (SMEs).
The Ka-Negosyo Credit Line (KCL) is ideal for recurring business expenses such as raw materials and finished goods inventory, employee wages, utilities, equipment repair and maintenance, and sales or distribution costs.
The Ka-Negosyo Ready Loan (KRL) is available for SMEs with seasonal working capital requirements, such as stocking up on supplies and inventory for Christmas and holidays, harvest seasons, or peak business seasons.
The Ka-Negosyo SME Loan (KSL) can help support SMEs who are aspiring to branch out, expand product lines, purchase new equipment, or meet other capital expenditures.
The Property Acquisition Loan (PAL) makes it more convenient and comfortable for the business owner to invest in such an expense. PAL spreads the payment term over a long period of time, and as the property asset earns more profits for the business.
SMEs interested in availing of KCL or PAL will enjoy waived processing fees at the upcoming BPI Ka-Negosyo Festival from September 15 to October 15.
Globe, NTC kick off IT Academy
Globe and the National Teachers College (NTC) have teamed up in kicking off the Globe IT Academy program this school year, aiming to better equip teachers in the delivery of STEM (Science, Technology, Engineering, and Mathematics) education.
The Globe IT Academy aims to further empower and enable schools to enhance the delivery of STEM Education at all levels, a crucial step in driving the country’s global education standing.
The academy’s program is responsive to the new administration’s call for the development of competitive Filipino talent fit for an increasingly borderless employment landscape amid growing digitalization across the globe.
Globe and NTC carried out in August a train-the-trainers certification workshop on progressive approaches to STEM delivery in the classroom. As the main participant for the pilot launch, NTC handpicked educators who will be specializing in Math and Science for both the K+12 and college levels.
Globe intends to work with NTC in the long-term to expand the IT Academy program to more schools, especially state colleges and universities determined to improve STEM delivery in the classroom.
1Export opensin Indonesia
After raising $860,000, 1Export strengthened their core business, launched a logistics vertical, and opened in Indonesia.
1Export is a one-stop, end-to-end platform helping Small and Medium Enterprises (SMEs) with their exporting needs, particularly focusing on aspects related to compliance, distribution, and logistics.
1Export has helped hundreds of SMEs export to 50 countries around the world, ranging from traditional distributors and retailers to online stores.
In late 2019, the company was invited to join Indonesia-based accelerator programs, one of which was the GojekXcelerate program where they even emerged as the winner.
Now with 1Export’s Indonesia office, Filipino companies can now bring their products to Indonesia without having to worry about the bureaucracy of processing the necessary compliances.
By replicating the same model, they started in the Philippines, 1Export helps SMEs become compliant to the Indonesian market, find distributors, and ship products at a competitive rate. It has partnered with Envio, a digital logistics platform supporting local deliveries and warehousing across Indonesia.
In terms of bringing down the cost of Halal in the Philippines, 1Export has partnered with Muslim organizations in Indonesia.
9.9 Shopee performance
Top local sellers sold six times more items on the Shopee platform at the 9.9 Super Shopping Day on September 9 than on an average day.
Shopee worked with sellers to curate a wide assortment of P1 and P49 deals for everyday essentials in Home & Living, Health & Personal Care, and Women’s Apparel during 9.9.
Local sellers took advantage of 9.9 to grow their businesses, with one top local merchant from Valenzuela City selling over 400,000 packs of face masks on September 9 alone. Another fashion accessories seller used Shopee Live and gained 80,000 views during their 9.9 livestream. Meanwhile, leading brands Uni-Care, Unilever Beauty, and Maybelline also saw a boost in orders.
Countless users tuned in to Shopee livestreams 87 million times and engaged with in-app games for over 16 million total plays throughout the 9.9 period.
Filipinos took advantage of ShopeePay’s P1 Load & Data promos, with purchases tripling on 9.9 compared to a regular day.
New product from Kojie.san
Kojie.san has launched the Skin Lightening Classic Soap which can be used on the face and on the body.
This cult favorite contains high-grade kojic acid that’s made more potent with the innovative Zero Pigment Light technology, a powerful mode of action that zeroes in on dark spots, age spots, scars, melasma, and hyperpigmentation to effectively lighten and even out skin tone in all areas.
With kojic acid as its main active ingredient, Kojie.san’s Classic Soap helps inhibit the overproduction of melanin caused by factors like over exposure to sun, friction, and hormonal changes that make certain areas or spots darker than the rest.
The moisturizing power of Hydromoist Formulation with Zero Pigment Light Technology can be found in Kojie.san Skin Lightening Soap with Hydromoist to helps lighten skin, and keeps it moisturized and well hydrated for up to 24 hours while Kojie.san Skin Lightening Hydromoist Body Wash also lightens, and keeps skin soft, smooth, and hydrated for that nourished skin all over.
‘Move your World’ with Toyota
Toyota Motor Philippines (TMP) supports the Chamber of Automotive Manufacturers of the Philippines Inc. for the 8th Philippine International Motor Show (PIMS), happening on September 15 to 18 at the World Trade Center in Pasay City.
TMP is joining PIMS to exhibit its wide selection of products and services, including its wide variety of hybrid electric vehicles (HEVs) as part of its commitment to sustainability towards carbon neutrality. Test drive units of Toyota Hybrid cars like Camry, Corolla Altis, Corolla Cross and RAV4 are available to give visitors the chance to experience the beauty of sustainable driving. Other Toyota units such as Vios GR-S, Fortuner GR-S, Avanza, Veloz and Raize will also be made available for those interested to drive Toyota’s best-selling and recently launched models.
TOYOTA GAZOO Racing line up of pure performance cars, the GR Supra, GR Yaris and the All-New GR 86 will add some thrill to the PIMS .Visitors can also expand their thrilling experience by visiting the GR Garage, where GR GT Cup racing rigs will be installed for them to enjoy sim racing games.
Toyota Mobility Solutions Philippines Inc. will also have its booths to exhibit mobility products and services it offers like Kinto One and myTOYOTA shuttle.
The All-New Lite Ace, particularly the Lite Ace FX Van and Lite Ace Food Truck, will be on display at the outdoor area.
Y Combinator empowers Filipino startups
Xendit has teamed up with Y Combinator (YC), a US startup accelerator program and investment fund that supports founders at every stage, for YC’s Startup School Manila Meet-up, an event aimed to gather over 70 Filipino startup founders to talk about and learn from each other’s business journey as a part of the Startup School live summer course.
YC’s Startup School’s summer course was a free 7-week online course for current and aspiring entrepreneurs around the world who dream of building a billion dollar company.
Running from June 27 to August 10, the program featured a series of online talks from YC Group Partners and successful YC founders, every Monday and Wednesday via the Zoom conference platform. Movers and shakers from various industries took the virtual stage to impart their work and creative insights from building and growing a startup to igniting business ideas, pitching, planning a minimum viable product (MVP), and more.
While YC alumni hosted similar meetups all over the world during this live summer course, the Xendit team committed to bringing together founders for three different events in Indonesia, Philippines, and Malaysia, where they have a strong presence to deliver inspirational talks and Q&A sessions with Startup School participants.
Medilines marks 20 years
Medilines Distributors Inc. vows to strengthen its role to help provide Filipinos with quality healthcare by assisting private and government institutions in procuring world-class medical equipment and tapping financial instruments to address these investments.
The company has a broad portfolio of quality medical equipment under diagnostic imaging (i.e., CT scan, MRI, X-ray), dialysis (dialysis machines), and cancer therapy (linear accelerators) categories that address the most prevalent diseases among Filipinos such as renal diseases, cancer, and cardiovascular diseases.
As the company enters its third decade, it is working on expanding its consumable business to drive both topline and profit growth. Medilines inaugurated this year its new warehouse facility equipped with cold storage for these delicate consumables.
The company is set to deliver cancer therapy equipment to Bicol Regional Training and Teaching Hospital in Legazpi City, Northern Mindanao Medical Center in Cagayan de Oro City, and the Philippine Children’s Medical Center, in Quezon City.
Medilines also won a tender to supply Philippine General Hospital with its second linear accelerator this year.
Bonding moments with MangInasal
MangInasal treats its customers with an extension of its Ihaw-Sarap Group Deals promo until September 30.
MangInasal’s Chicken Inasal Family Size and Palabok Family Size combo is priced at P585 while MangInasal’s Chicken Inasal Buddy Size and Pork BBQ Buddy Size with Peanut Sauce can be had for P329.