June 1, 2022
World Vision Celebrates 65th Anniversary by Launching the Childhood Rescue Campaign
March 17, 2022
Study shows some OTC throat lozenges found highly effective against the COVID-19 virus
Steyer Study discussion with preventive health education and health reform advocate, Dr. Anthony “Tony” Leachon during the Virtual Media Roundtable on Wednesday, March 16 |
March 16, 2022
CSMC advocates for holistic brain and spine tumor management in latest webicon
August 13, 2021
USAID and DepEd Partnership Celebrates Joint Successes in Improving Early Grade Learning in the Philippines
Manila, August 13, 2021 – Education stakeholders gathered on August 13 for a virtual event to celebrate the collective accomplishments of the Department of Education (DepEd) and USAID Philippines in improving early grade reading and literacy in the country this past year, amid the challenges posed by the COVID-19 pandemic.
February 21, 2021
UnionBank opens country’s first mass retail banking hub to better support PH MSMEs
Union Bank of the Philippines (UnionBank) recently created the country’s very first mass retail banking hub, aimed at providing support specifically to micro, small, and medium enterprises (MSMEs) in the country as part of the Bank’s goal of enabling inclusive prosperity amid the current global health crisis.
The hub, a consolidation of all
entrepreneur-centric solutions offered by UnionBank, will provide a one-stop
center for resources that MSMEs might need in order to support their businesses
regardless of size—such as financing, logistics, and a buyer-seller network, to
name a few—all made accessible to mass market customers.
This was one of the topics at
UnionBank’s E-Talk Tales last February 17, wherein UnionBank’s Chief Mass
Market and Financial Inclusion Executive Manual G. Santiago, Jr. focused on how the Bank addresses the typical
pain points encountered by entrepreneurs, especially during the pandemic.
Santiago began the discussion by
first explaining what the hub’s target market is, which he defined as “the
middle-middle income level going down” which is also a mix of banked,
underbanked, unbanked customers.
"I think the definition for
SMEs is much more defined where we're really looking at micro, small, and
medium enterprises. So, these are your businesses with, for micro, 3 million in
capital, and then you have 15 million for small, and for medium, it's about a
hundred million in capital," he added.
According to Santiago, UnionBank
estimates this market at about 50 million customers, with the majority of them
being in the lower-income segments. In addition, about 60 percent of this
customer market classify themselves as self-employed entrepreneurs. “It's a
large market and we think this is a segment that needs attention at this time,
and we're putting our efforts into that.”
Santiago noted that a lot of
entrepreneurs today are very careful about their decisions when it comes to
their businesses, as a result of the uncertainties, brought about by the current
health crisis. This “wait and see” mindset is evident even in those who have
immediate access to financing.
“We've seen that in the way they apply for loans. You would think that because you have loans available that people are going to flock and apply,” Santiago said. “In fact, even those existing loans that we have that have reached the renewal stage, MSMEs would even say 'can you renew that at half the amount only, and I will just come back to you when things are better?',” Santiago said.
“It's a good thing because it
shows a sign of maturity, and you know, in this time, you can't be very
aggressive. You really need to think about your next steps to be able to
survive this crisis.”
With its vision of empowering SMEs through digital initiatives, UnionBank has already laid a lot of groundwork even before the pandemic to address SME challenges.
UnionBank Business Loan via UBX SeekCap,
an online Loan Marketplace where business owners and SMEs may easily browse
short-term business loan products and apply digitally. SeekCap allows SMEs to get
approval within hours.
The Bank has also created the SME
Business Banking App, an online platform that enables SMES to manage their
financial transactions by facilitating all business payments with the most
extensive list of government and utility billers, transferring funds to both
local and international banks, customizing complex business approval flows,
enrolling all companies and subsidiaries in a single-login setup, and opening
and managing payroll accounts for their employees, among others.
December 19, 2020
Lessons in business growth and sustainability from Lark Your Way to Success
October 31, 2020
Lenovo™ ThinkSmart™Collaboration Solutions for Zoom Empower a Distributed Workforce
Today at Zoomtopia™, Lenovo announced in cooperation with Zoom Video Communications, Inc. that ThinkSmart Hub and ThinkSmart View will be offered with Zoom Rooms1 and Zoom for Home1 respectively.
The new Hub announced last month offers smarter collaboration for conference rooms of all sizes with richer audio featuring full duplex speakers and four omnidirectional microphones integrated into a sleeker all-in-one compute device.Built on the Zoom Rooms platform, the Hub lets participants communicate via video2 or voice and content can be easily shared in real time. ThinkSmart Viewis a dedicated personal business collaboration device announced in January this year and is designed to enhance a home office setup. View is now available with Zoom for Home to help unlock individual productivity by enhancing the Zoom experience in a purpose-built solution. Always ready to start ad-hoc or scheduled video meetings, View can sync with a user’s calendar and status, share content and includes a whiteboard function for live annotations.
The sleek all-in-one design Hub offers a one cable system I/O function that provides power, ethernet, USB and display connections. With current social distancing measures in place, Alexa for Business4 voice capability with the Zoom Rooms version adds a layer of protection and easy interaction, allowing users to control meetings simply through the power of voice. In addition to being built on the Zoom Rooms platform, ThinkSmart Hub includes built-in protection with ThinkShield security solutions and is easy to manage using our custom-built ThinkSmart Manager software5. We can also offer tailored and personalized guidance throughout Smart Collaboration Managed Services6to ensure customers have powerful tools to help teams of all sizes connect, share and collaborate efficiently. To see the full features of ThinkSmart Hub, click here for the datasheet and images.
ThinkSmart View with Zoom
ThinkSmart View now leverages the powerful Zoom for Home platform bringing the best of Zoom Meetings into home workspaces. As a purpose-built appliance that can be easily managed and provisioned, View includes an 8-inch HD touch screen with a wide-angle camera and privacy shutter, dual microphone array, Wi-Fi and Bluetooth that allows pairing of compatible headset. To see the full features of ThinkSmart View, click here for the datasheet and images.
October 22, 2020
UnionBank Talks Digitizing Corporate Clients in the New Normal at 5th E-TalkTales
August 15, 2020
The Organic Child: Health or Hype?
PROMIL Organic recently held an interactive session with medical expert Celeste Gomez, M.D.. The live zoom session last Thursday, August 13, was fun, exciting and informative, with the theme "The Organic Child: Health or Hype?"
Let"s see why and how to do #SmartWayToGoOrganic with #PromilOrganic.
August 5, 2020
“Can the Philippines Dance with COVID-19?” To provide balance in protecting lives, livelihood, Gov't, private sector, civil societies present fresh strategies vs COVID-19
How to prioritize both lives and livelihood, especially in the light of the new MECQ, was tackled by leaders from the health, business, and academic sectors in the virtual business forum, “Can the Philippines Dance with COVID-19?”, held this morning August 5.