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News and Events

Almost Half of PH CEOs Plan to Invest in Startups to Minimize Disruption Risks

PwC's latest CEO survey reveals how local executives are coping with technological change

Around 45 percent of Philippine CEOs say that they plan to invest in startups as part of their strategies to adapt to disruptive technology, according to a report by accounting firm PwC Philippines.The latest CEO survey, which PwC published with the Management ...

by Lorenzo Kyle Subido  | September 06, 2018 09:00:00
News and Events

Rural Banks, Too, Suffer From Financial Exclusion. Is Blockchain the Solution?

UnionBank rolls out Project i2i, which seeks to integrate rural banks into ATM and payments networks

Last May 22, UnionBank officially launched Project i2i in a press conference in Davao City. Heading the event were (from left): Amor Maclang, co-founder of GeiserMaclang; Tanya Hotchkiss, executive vice president of Cantilan Bank; Justo Ortiz, chairman of UnionBank; and Ramon Vicente ...

by Lorenzo Kyle Subido  | May 29, 2018 12:00:00
News and Events

How UnionBank is Pioneering the Blockchain Revolution in PH Banking

It is using the technology to update manuals faster and to power a settlement system for rural banks

UnionBank, one of the country’s largest universal banks, is positioning itself as the Philippines’ first blockchain-enabled bankEver since blockchain was introduced to the public in 2009 as the underlying technology behind Bitcoin, many have highlighted its disruptive effects to the financial sector. ...

by Lorenzo Kyle Subido  | May 09, 2018 09:00:00
News and Events

5 Big PH Businesses and Organizations Getting Into Blockchain Technology

Exciting developments discussed during the Enderun Fintech & Blockchain Innovation Summit

The Enderun Fintech & Blockchain Innovation Summit, held last March 21 and 22, featured local and international experts from the financial services and fintech industries“Before the end of the year, at least 20 million Filipinos will experience native blockchain technology.”So claimed Winston Damarillo, ...

by Lorenzo Kyle Subido  | April 14, 2018 09:00:00
Startup Tips

Here's a Platform For Pinoy MSMEs to Network and Expand Their Business Globally

GlobalLinker is a social media and business tool website for entrepreneurs

Most micro, small, and medium enterprises (MSMEs) face the same challenges—how do you network with other business owners? How do you get reliable suppliers? How do you contact potential partners? These are the pain points that the UnionBank GlobalLinker tries to address.Introduced ...

by Nicai de Guzman  | March 23, 2018 05:00:00
News and Events

Deposit Up to P1M With This E-Money Card

Unionbank’s EON is for people who want an account without physically having to go to the bank

Unlike many of its competitors, Unionbank of the Philippines’ (Unionbank) digital banking unit, EON, is not focusing on the unbanked as much as it wants to offer convenience to digital natives.“Digital banking is an experience enabled by technology. I’m trying to pattern ...

by Elyssa Christine Lopez  | September 23, 2017 10:00:00
News and Events

Consortium Helps Small Business Owners Get Started on E-Commerce

UREKA Forum prides itself as the country’s largest e-commerce mass conversion program

In January 2016, the Department of Trade and Industry (DTI) launched “The Philippine E-Commerce Roadmap,” which aims to bring 100,000 micro, small and medium enterprises (MSMEs) online and double e-commerce’s share of GDP to 20 percent by 2020.That looks like a tough ...

by Lorenzo Kyle Subido  | July 19, 2017 12:00:00
News and Events

Bottom line: UnionBank net income up in Q1, pushes digital services

Plus, Duterte calls local power companies to 'shape up.'

Union Bank of the Philippines (UnionBank) enjoyed a 28.1% net income increase during the first quarter of the year as it transitions its services to digital.“We experienced growth even when we didn’t open new branches. We’re collaborating with financial technologies and unlike ...

by Entrepreneur Staff  | May 30, 2016 08:00:00
Run & Grow

Aboitiz Equity Ventures bullish as PH welcomes new leadership

The conglomerate reports P5B net income for Q1 and eyes further growth in all its core businesses.

With a P5-billion ($107.81-million) net income from the first quarter of 2016, publicly listed holding and investment company Aboitiz Equity Ventures, Inc (AEV) is bullish that its growth will continue, on the backdrop of an economy which fate is being watched as ...

by Lynda C. Corpuz  | May 17, 2016 10:00:00
Startup Tips

To her credit

Anita Buce started in business borrowing from neighborhood markets to stock her store. Her deft use of credit has served her in good stead, enabling her to become one of the top grossing beverage distributors in the country today.

Anita Buce was not quite 16 and a junior high school student when she got married. While her husband continued his studies, she opened her first business, a sari-sari store. She didn’t have the capital, so Buce went around the neighborhood markets ...

by Marie Ann Fajardo  | September 18, 2012 06:00:00
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