Connect with us

NEWS

New COA chief Calida vows to protect people’s money

July 6, 2022 1:46 p.m.

AS LONG as he is in power, newly appointed Commission on Audit chairman Atty. Jose Callangan Calida recently assured Filipinos that public public funds will be safeguarded.

“We are not just acting to promote excellence, but also to make it a habit here in COA. We have to do our job properly, be the best in our field,” Calida of Davao City said, adding that the government’s auditing agency will be transparent and fair to the public.

Calida met the media during his first day in the office, saying that he would do whatever it takes to protect every single centavo of the people’s money.

The Commission on Audit is an independent constitutional commission with the primary function to examine, audit and settle all accounts and expenditures of the funds and properties of the Philippine government.

“COA auditors should correctly scrutinize and carefully inspect accounts. I believe they are the best in the field and we’re here to fight corruption in the government,” he added. “I am warning anybody in COA that if there are shenanigans and mischievous activities, I will remove them.”

The former Solicitor General under the term of former President Rodrigo Duterte met for the first time COA’s commissioners, lawyers and other officials on Monday morning at the COA main office in Quezon City.

Calida, who will be turning 72 on Thursday, also thanked employees of COA for the warm welcome. “Those who are earnest in their work, they will remain in this office and will be rewarded.”

Jayke Joson, a former actor producer, and Jay Ruiz, former news anchor and TV host, were seen accompanying Chairman Calida in his first day at COA.

“We are here to help the new COA chairman set up everything in his first day in office. We believe in him, that’s why we volunteered to give an extra hand to help our Good Chairman in his first day. Atty. Calida is our idol. We call him the Enforcer, because he always enforces the law,” Joson said.

COA Chairman Atty. Jose Calida with Jay Ruiz and Jayke Joson 

“President Marcos appointed a very reliable person to COA. With his track record, he always get the job done. He will not let us down,” he added.

Newly proclaimed President Ferdinand “BongBong Marcos Jr. appointed Calida to lead the COA due to his superb expertise in law and achievements when he led the Office of the Solicitor General, among other government agencies.

NEWS

Cebuana Lhuillier ventures into future of payments at Plan B Forum in Lugano, Switzerland

10:40 p.m. December 30, 2024

Cebuana Lhuillier, the Philippines’ leading microfinance institution, is stepping into the future of payments by exploring innovative blockchain solutions.

This initiative underscores the company’s commitment to financial inclusion and its strategic move towards adopting digital technologies. Senior Executive Vice President Philippe Andre Lhuillier attended the prestigious Plan B Forum in Lugano, Switzerland, where financial leaders and innovators gathered to discuss the next evolution in payments, blockchain, and digital finance.

A Global Stage for Financial Innovation

The Plan B Forum serves as a vital platform for thought leaders to explore the future of blockchain and digital currencies in the global economy. With a focus on the growing impact of decentralized finance (DeFi), stablecoins, and digital currencies, the forum highlights how emerging technologies are reshaping the landscape of financial services. Cebuana Lhuillier’s participation signifies its drive to stay ahead of technological advancements that can reshape and bridge TradFi and DeFi in the Philippines.

The event was attended by some of the prominent names in the digital currency space, demonstrating Cebuana’s commitment to industry and reinforcing its role in shaping the crypto landscape.

Cebuana Lhuillier: Championing Financial Inclusion in the Digital Space

Jean Henri Lhuillier, President and CEO of Cebuana Lhuillier, highlights the company’s growing focus on digital transformation. “As Cebuana Lhuillier continues to expand in the digital space, it aims to enhance payment services by adopting stablecoins and partnering with innovative digital solutions companies. These technologies promise faster, more affordable, and secure transactions for Filipinos, offering a modern way to manage payments with greater transparency and ease.”

Following this, Cebuana Lhuillier Senior Executive Vice President Philippe Andre Lhuillier added, “Blockchain technology and digital currencies are not just tools for innovation; they are vehicles for empowerment. By leveraging these technologies, we can democratize access to financial services, enabling Filipinos from all walks of life to participate in a global digital economy.”

This move reflects Cebuana Lhuillier’s commitment to providing reliable financial services that cater to the evolving needs of its customers across the country.

In representing Cebuana Lhuillier at the forum, Philippe Andre Lhuillier emphasized the importance of financial inclusion in the digital age. In an era where internet access and digital infrastructure are rapidly expanding, especially with advancements in web3 technologies, it set the stage that highlighted the importance of emerging payments in the web3 space and the role of Cebuana Lhuillier in bridging this technology with traditional finance.
Cebuana Lhuillier’s participation at the forum reinforces its commitment to financial inclusion. By incorporating digital wallets, blockchain technology, and digital currencies, the company aims to expand access to financial services, beyond traditional finance.
President and CEO Jean Henri Lhuillier remarked “With the evolution of financial landscapes, Cebuana Lhuillier is positioning itself at the forefront of digital transformation in the Philippines. By attending the Plan B Forum, the company is not only seeking to learn from global leaders but is also reaffirming its role as a key player in the future of payments and financial inclusion. Philippe Andre Lhuillier’s participation marks a critical step towards realizing Cebuana Lhuillier’s vision of becoming a fully integrated financial service provider that leverages cutting-edge technology.”
As blockchain and digital cryptocurrency technologies continue to grow, Cebuana Lhuillier is well-positioned to lead the way in providing innovative financial services.

Continue Reading

NEWS

InLife wins Best in Future of Intelligence Award at IDC Future Enterprise Awards 2024

3:30 p.m. December 25, 2024

Insular Life (InLife) received the Best in Future of Intelligence Award – Philippines during the IDC (International Data Corporation) Future Enterprise Awards 2024 held at the Sands Expo and Convention Centre in Singapore on November 18, 2024.

The award recognizes InLife’s Agile Academy, a transformative initiative aimed at fostering an Agile mindset among InLife employees, or InLifers.

Through bootcamps, masterclasses, workshops, and curated resources, the Agile Academy empowers InLifers to tackle organizational challenges with innovative solutions, contributing to the company’s business and digital transformation journey.

At the heart of the Agile Academy are the Mission-Based Teams (MBTs)—cross-functional, user-centric, and self-organizing groups that leverage the Agile framework to address critical customer and enterprise issues.

To date, the Agile Academy has activated 21 MBTs, resulting in innovations like the InLife App, a mobile and web application for managing life insurance policies; and the InLife Compass Super App, designed to boost the productivity of InLife financial advisors. MBTs have also developed solutions addressing pain points of Gen Zs, Group account holders, and the silver generation, demonstrating InLife’s customer-centric and inclusive approach.

“InLife’s recognition at the IDC Future Enterprise Awards reaffirms our commitment to continuous innovation and transformation in service of our customers,” said InLife Chief Transformation Officer Efren C. Caringal, Jr. “At 114 years, InLife remains true to its pioneering spirit, leveraging initiatives like the Agile Academy to deliver meaningful solutions that benefit our policyholders and other stakeholders.”

The IDC Future Enterprise Awards recognize organizations that lead the way in digital transformation, demonstrating resilience, and a commitment to enhanced customer experiences.

Continue Reading

NEWS

Converge engages Unang Yakap beneficiaries in gift-giving activities

8:30 p.m. December 24, 2024

Leading fiber broadband and technology provider Converge ICT Solutions Inc. shared the joy of Christmas to the mothers and volunteers of its Unang Yakap Community in Baseco, Tondo.

With the help of the mentors and mentees from its women mentorship program Grace Under Pressure: MentorSHE, the company celebrated with the beneficiaries and community volunteers through games, raffle, and gift-giving activities.

In partnership with Caritas Manila, Converge has been supporting the Unang Yakap Program that aims to provide healthcare and nutritional assistance to underprivileged pregnant and lactating mothers, and their infants, during their first 1,000 days.

Continue Reading