NEWS
Lhuillier named one of year’s Master Innovator by Mansmith Innovation Awards
June 1, 2022 4:25 p.m.
Jean Henri Lhuillier, the President & CEO of micro financial services giant Cebuana Lhuillier, was recently named as a “Master Innovator for 2022” by the Mansmith Innovation Awards, an award-giving body organized by Mansmith & Fielders, the country’s leading training and consultancy company.
Lhuillier was cited for revolutionizing the face of micro insurance in the Philippines—thanks to his ground-breaking work in making micro insurance more relevant in the lives of Filipinos.
Based on the latest statistics, only 53.7M out of 111M Filipinos are covered by insurance. To date, 31% of the insured Filipinos was contributed by Cebuana Lhuillier Micro Insurance, the biggest attributor to date as cited by the Insurance Commission.
Cebuana Lhuillier captured the interest of the market especially from low-income communities by offering affordable micro insurance products that can be easily purchased in any of Cebuana Lhuillier’s over 3,000 branches nationwide, while also putting systems in place for easier claims payout through the same branches.
This was made possible by Lhuillier’s keen support and commitment in the application of tech innovations as a means to augment Cebuana Lhuillier’s wide network of branches and partners nationwide.
“The true mark of being a financially-included Filipino is having access to the most basic financial services that are essential in our everyday lives. This includes protection against illnesses, emergencies, and uncertain situations brought by disasters or natural calamities. For 40 million Filipinos, this is made possible by Cebuana Lhuillier micro insurance,” shares Jean Henri Lhuillier, President & CEO, Cebuana Lhuillier.
Lhuillier adds, “For the past two years, Cebuana Lhuillier focused on its transition as a TechBrick company in order to ensure accessibility and convenience for our clients whenever they avail or use any of our products. We do this by expanding our network reach through physical branches while also taking advantage of proprietary technology through the development of new apps and digital channels that will bring our products and services closer to many Filipinos. In the case of our micro insurance product, we started by making sure it’s affordable and can be easily purchased by any of our kababayans regardless of their stature in life. We then made sure it’s available for purchase nationwide, in any Cebuana Lhuillier branch in the Philippines.”
From these two basic foundations, Lhuillier further expanded by pushing for more tech innovation that further elevated his micro insurance offerings.
This included the unveiling of ProtectNow in 2019, a web-based platform which aggregates the best possible insurance options for their home, auto, travel, and family insurance needs coming from some of the credible insurance companies in the Philippines; the introduction of Claims PayOut Anywhere, which allowed clients to process their claims in any Cebuana Lhuillier branch nationwide; and finally, working together with online market places like Lazada and Shopee which made buying micro insurance as easy as getting as buying something from an online store.
However, it should be noted that micro insurance is just one aspect of Lhuillier’s mission in building a nation of financially-included Filipinos.
Under Cebuana Lhuillier, the country’s number one micro financial services provider, Lhuillier has been the forefront of implementing the “TECHBRICK” strategy, taking advantage of their network of more than 3,000 branches nationwide with 25,000 domestic partner doors, and 3 million partner locations globally and marrying it with technological innovations as a means to further bring the micro financial services industry to the next level.
Utilizing the concept of “TechBrick”, a term Lhuillier coined himself, his vision allowed Cebuana Lhuillier and its products and services such as pawning, money transfer, micro insurance, jewelry selling, along with micro savings, a product of it banking arm Cebuana Lhuillier Bank, to maintain its relevance by ensuring availability and access regardless of channels: whether in brick-and-mortar stores, through the development of super apps, and web platforms.
The synergy between the tech and brick capability allowed Cebuana Lhuillier to empower its clients to move seamlessly and to maximize use of its products and services from offline to online.
For Lhuillier, his push for unremitting innovation remains at the core of the organization as it sets its sights into becoming a more future-ready organization. He adds, “The world and along with it, the needs of our Ka-Cebuanas, are constantly changing and evolving. However, what remains consistent is to ensure that Filipinos remain on track towards financial-inclusion and financial mobility. To that, Cebuana Lhuillier will continue to hold on to its promise of being a partner for every one of our kababayans—constantly evolving, innovating, and maintaining our relevance for the years to come.”
NEWS
COA named WTO External Auditor, begins six-year term
7:11 p.m. April 6, 2026
The Commission on Audit (COA) has been appointed as the new External Auditor of the World Trade Organization, reflecting its credibility and strong reputation in international auditing and growing influence in advancing good governance around the world.
The Philippines’ audit body, an independent constitutional commission, succeeds France’s supreme audit institution, the Cour des Comptes, and will serve a non-renewable term of six years.
In its role, COA will oversee the audit of the WTO’s financial statements, pension plan, and operations in line with the Organization’s financial regulations.
The audit body was selected by the WTO General Council on the recommendation of its Committee on Budget, Finance and Administration (CBFA). The committee cited how COA’s proven track record in auditing international organizations will help strengthen financial accountability and reinforce trust in the WTO’s governance framework.
“COA’s appointment as the WTO’s new external auditor demonstrates how the world views our capabilities as an independent audit body– reliable, trustworthy, and world-class. We are committed to upholding the highest standards of independence and professionalism in our work with the WTO, continuing our mission to promote transparency and accountability in international institutions,” said COA Chairperson Gamaliel A. Cordoba.
He said the WTO appointment represents a significant milestone for COA, illustrating its expanding influence and growing force in advancing transparency, accountability, and good governance not just in the Philippines, but around the world.
COA earlier served as External Auditor for several major specialized United Nations agencies, including the World Health Organization (WHO), the International Labor Organization (ILO), the United Nations Industrial Development Organization (UNIDO), and the Food and Agriculture Organization (FAO).
In these assignments, COA was commended for its rigorous standards and contribution to strengthening transparency and accountability in global governance. #
NEWS
MTerra Solar powers up 250 MW, boosting energy supply amid global volatility
7:45 p.m. April 1, 2026
Meralco PowerGen Corporation (MGEN), through its affiliate Terra Solar Philippines Inc. (MTerra Solar), has successfully energized the first 250-megawatts (MW) of its solar capacity – now operating as a generator and marking the start of its contribution to the country’s growing demand for reliable and clean energy.
This milestone represents a critical step in the project’s phased development and comes at a pivotal time for the Philippines, as global fuel market volatility driven in part by the current situation in the Middle East, continues to highlight the urgency of strengthening domestic and renewable energy sources. The early delivery of capacity from MTerra Solar reinforces efforts to enhance the country’s energy self-sufficiency and reduce exposure to imported fuel risks.
“Reaching this milestone reflects the strong execution, collaboration, and dedication of our teams and partners. More importantly, it underscores the role of projects like MTerra Solar in helping secure the country’s energy future at a time when reliability and
affordability are under increasing pressure,” said MGEN Renewables and MTerra Solar President and CEO Dennis B. Jordan.
MTerra Solar was initially authorized to export up to 85 MW of firm power to the grid as part of testing and commissioning activities. With the continued support from the Department of Energy (DOE) and the National Grid Corporation of the Philippines (NGCP), the facility is now exporting up to 250MW — providing additional capacity to help stabilize supply during a period of heightened system demand.
During a previous MTerra Solar event, DOE Secretary Sharon Garin emphasized the project’s significance in strengthening the country’s renewable energy pipeline and addressing immediate supply challenges.
“The initial grid synchronization of MTerra Solar – led by MGEN and Actis – represents a meaningful step towards our transition to a cleaner and more energy-resilient Philippines. Developments of this scale are critical as we navigate current global uncertainties while ensuring long-term energy security,” Secretary Garin said.
“Beyond its contribution to the renewable energy transition, MTerra Solar plays an important role in supporting the country’s near-term energy requirements. The project’s phased energization enables earlier delivery of capacity to the grid, helping ease supply constraints and supporting efforts to maintain stable electricity prices amid evolving global conditions,” MGEN President and CEO Emmanuel V. Rubio shared.
In addition, MTerra Solar has also energized the first tranche of its battery energy storage system (BESS). Through energy generated from its solar output, the plant has been able to deliver up to 450 MWh of energy to the grid at night. This tranche now represents the largest operational BESS available in the Philippines.
Following these milestones, the facility will still undergo a series of comprehensive activities in the coming weeks to ensure the safe, efficient, and reliable integration of battery storage with the solar facility. Once fully operational, the integrated BESS will enhance grid stability and enable the dispatch of renewable energy beyond daylight hours, strengthening system reliability while maximizing the value of solar power generation.
MTerra Solar underscores MGEN’s commitment to advancing a diverse energy portfolio that addresses the energy trilemma – ensuring that supply remains sustainable, reliable, and affordable. At full capacity, the project is expected to generate up to 3,500 MWp of solar power, supported by a 4,500 MWh battery energy storage system – delivering clean energy to approximately 2.4 million households.
The project will also avoid an estimated 4.3 million tons of carbon emissions annually, equivalent to removing more than 3 million gasoline-powered vehicles from the road. With
Phase 1 on track for completion this year and Phase 2 already under construction, MTerra Solar will continue to scale up its capacity, contributing meaningfully to the Philippines’ renewable energy targets of 35% by 2030 and 50% by 2040.
NEWS
Food delivery rider smashes PH cycling record using bike with P2,500 frame
2:25 a.m. March 30. 2026
TAGAYTAY City— Patrick Gerard Lee put the Philippines on the medals board with his bronze medal in men C5 scratch race of para cycling in the Asian Cycling Confederation Track and Para Track Cycling championships on Sunday at the Tagaytay CT Velodrome.
It was the first medal for the Philippines in the annual championships hosted this year by the PhilCycling and Tagaytay City—and the first continental exposure of the national para cycling team.
As importantly, Lee earned points for qualification to the Los Angeles 2028 Paralympics.
But before Lee turned the crowd inside the Tagaytay CT Velodrome into a frenzy, a Panda Food delivery bike rider—Zedrick Ivan Honorica—set a new Philippine record in men elite sprint using the same bike he uses in plying his trade.
Honorica’s bike? A Brain frame that costs P2,500 and a wheel set worth P12,000 which he raised from delivering food—a bicycle that astronomically pales to the equipment used by the elite countries’ riders, some breaching P7 million.
“I pushed and pushed myself, it’s a very tough race,” said Lee, 21, who lost his right forearm from under the elbow in a meat grinder at his aunt’s stall at Marilao Market when he was five years old.
“I’m really very happy because it’s for our country,” added Lee, who’s set to race again on the last day Wednesday of the championships supported by Tagaytay City Mayor Brent Tolentino and supported by the Philippine Sports Commission, Philippine Olympic Committee, MVP Sports Foundation, Sports Plus PH, Toyota and Peak.
Uzbekistan’s Azimbek Abdullaev won the gold medal and Japan’s Ruito Kameda secured the silver but with a tough challenge from Lee—the result went down to the photo finish.
Another Filipino, Joel Inn Tacutaco, finished fifth in the 14-rider race.
Honorica? He’s not your ordinary elite cyclist—literally, he came out of nowhere.
“I race in ‘bente-bente, nothing more,” said the 21-year-old who broke the national record his fellow Marikeño and many-time tour champion Jan Paul Morales set in the Doha 2006 Asian Games.”
“I wasn’t aware of the national record, but I know Kuya JPM [Morales], him being a champion … he doesn’t know me, though,” he added.
Honorica said he’s an accidental member of the national team in the Asian championships.
“I saw a post on Facebook by national coach Gil [Virgilio Espirutu) on an invitation for a power test [informal tryouts], and I was second best … that was only last January,” he said.
Honorica clocked 10.865 seconds, beating Morales’s 20-year-old record of 11.42 seconds.
The effort landed him in 21st out of 22 riders in the event won by Japan’s Kaiya Ota in 9.348 seconds, also shaving a fraction from his previous best of 9.350.
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