NEWS

foodpanda, UBX’s SeekCap partner to support Odette-affected vendors

April 5, 2022 7:42 p.m.

Leading online food delivery platform foodpanda announced a partnership with UBX, the Philippines’ leading Open Finance platform, through its lending solution SeekCap to provide loan assistance to thousands of foodpanda vendors in Visayas and Mindanao who were affected by Typhoon Odette.

Under the partnership, over 8,000 partner-vendors of foodpanda will be assisted in availing loans worth P50,000 to P1 million from SeekCap, which provides affordable and accessible credit to micro, small, and medium enterprises (MSMEs) through its online lending marketplace.

According to foodpanda managing director Daniel Marogy, the initiative is a continuation of foodpanda’s support for sectors affected by the December 2021 typhoon, with foodpanda having already donated over P6 million in aid to affected communities, foodpanda employees and riders shortly after Odette devastated many areas in Visayas and Mindanao.

“While Odette is long gone, the damage it caused continues to be seen and felt in many towns and cities in the country. And while we’ve seen many encouraging signs of recovery, there are still plenty of small businesses that have been hit hard and continue to struggle,” Marogy said. “We’re committed to help our affected partners in their rebuilding journey and provide the support they need to help them get back on their feet.”

Marogy noted that Typhoon relief is one of the company’s focus areas for this year, adding that “we know that rebuilding is a long, continuous process and not just a single step, and we are here for our partners for as long as they need our help.”

For its part, UBX reiterated its commitment to drive financial inclusion and help MSMEs to thrive despite the pandemic and disasters such as Typhoon Odette.

“With over 99 percent of businesses in the country considered as MSMEs, we recognize the importance of this sector to our country, and we know the challenges they face not only in getting loans, but also in being able to rebound from natural disasters,” UBX said.

“We are one with foodpanda in providing these valuable lifelines to their partners, and one with the country in helping as many of our kababayans to succeed in their businesses,” UBX added.

NEWS

Satisfy your cravings with these best-selling Nanyang drinks

September 15, 2023 3:30 p.m.

Nanyang isn’t only known for its Laksa Prawn, Cheesy Chicken Chop Noodles and Singapore’s best selling Hainanese Chicken Rice and Kopi.

It also has several best-selling drinks to whet your appetite and satisfy your sweet tooth, such as Iced Teh Melaka, Kopi Jelly Milk Tea, Milo Dinosaur and Kopi O.

Head over to your nearest Nanyang branches nationwide.

NEWS

USA back on top; Germany takes Top 3 spot in FIBA World Ranking

September 15, 2023 1:28 p.m.

MIES (Switzerland) – The recent completion of the prestigious FIBA Basketball World Cup 2023 has produced some eye-catching positive climbs in the latest FIBA World Ranking Men, presented by Nike.

USA reclaim pole position with 786.6 points after benefiting from their consistency at major tournaments over the last three summers. Finishing in fourth place at the FIBA Basketball World Cup where they outperformed former number one nation Spain, their run to the Semi-Finals came off the back of winning an Olympic title at Tokyo in 2021 and also taking bronze at the FIBA AmeriCup 2022.

Recently crowned FIBA Basketball World Cup 2023 champions Germany have another slice of history to enjoy as they step into the top three of the rankings for the very first time after moving up a massive eight places and onto 759.7 points. Their stunning success made all the more incredible because of the fact they made the journey to the top step of the podium without tasting defeat.

Canada also have another reason to celebrate too, with their maiden FIBA Basketball World Cup medal fueling an even bigger rise of nine spots. They now occupy sixth position with 745.5 points.

Serbia performed in outstanding fashion to make the title game and their second-placed finish gave their fans something to be proud of. Those supporters can also now enjoy and reflect on their country being a top five nation again as they move up a place and into fifth position on 755.6 points.

Meanwhile, when it comes to the scale and impact of climbing the rankings in the upper echelon, nobody can match Latvia. They have rocketed up a staggering 22 places and into the top 10 after their heroic underdog displays which ensured they took fifth place at the FIBA Basketball World Cup. They now sit in 8th position on 743.7 points.

There were many other teams who impressed at the flagship event, including Brazil who recorded three wins in five games and moves up a place into 12th in the rankings on 660.5 points. The Americas region can also boast a nice move upwards of five places into 16th for Puerto Rico on 611.1 points, while Dominican Republic rise six spots into 18th place on 561.9 points.

There were also notable improvements for Georgia who move up 10 positions and into 23rd on 465.9 points, Japan jump 11 spots to 26th on 432.2 points and Lebanon claim an uplift of 16 places into 28th on 423.3.

One nation that truly made everyone sit up and take notice at the FIBA Basketball World Cup 2023 were first-timers South Sudan. They made history by beating China to claim a first win at the event, then pushing on to beat the Philippines and Angola. This has resulted in a sensational climb of 32 spots in the rankings. They now find themselves in 31st place with 375.5 points.

For more information about the method used in the calculation of the FIBA World Ranking Men, please refer to the “How It Works” section.

Click here to view the full FIBA World Ranking Men, presented by Nike.