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Learn valuable insights and groundbreaking ideas from leading experts at the Asian Business Conference this April 24, 2021!

April 21, 2021

The Asian Business Conference (ABC) is a regional conference that provides a venue for business leaders and professionals in the APAC region to explore developments, opportunities, and issues of critical importance to businesses and organizations.      On April 24, the [Virtual] Asian Business Conference 2021 (ABC’21) offers participants the chance to discover the latest strategies, insights, and groundbreaking ideas to elevate themselves despite the uncertainty that organizations face with compelling topics will be discussed in two keynotes, a panel discussion and four break-out sessions.       Its line-up of international speakers will share insights on how companies and businesses can equip their organizations with the tools to adapt to and advance in these challenging times. Listen and learn from these leading experts:      * Steve Brice, CIO of Standard Chartered Bank on Navigating Investments in Turbulent Times;      * Syanaz Nugroho, Founder & President, Rorokenes Indonesia on Entrepreneurial Leadership;      * Henry Rhoel Aguda, COO, CTO, Chief Transformation Officer & SEVP, Union Bank of the Philippines on the Future of Technopreneurship;      * Jun Abelardo, Founder of Kitchen City and its Story of Resilience;      * Paul Huynh, Head of People, Performance & Culture (PPC) of KPMG Asia Pacific, on the Workforce of the Future      The ABC is the platform where pioneers, professionals, leaders, entrepreneurs, innovators transform their vision, drive, and passion for growth into fresh opportunities to connect, collaborate, and innovate.      Learn more about the event by following AIM Alumni - Cebu on Facebook or aimalumni.cebu on Instagram. Limited slots only, reserve your FREE seats today!      ABC’21 is being sponsored by Tsuneishi Technical Services Philippines, Inc, Tsuneishi Heavy Industries, Inc, Columbia Technologies, Inc., PLDT and is in partnership with Cebu Chamber of Commerce and Industries, Financial Executives Institute of Cebu, Inc., PICPA-Cebu Chapter, and Hotel, Resort & Restaurant Association of Cebu.

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Puregold Offers Users a Safer Shopping experience with ShopeePay

April 21, 2021

Until May 18, shoppers can get 20% cashback when they pay for their groceries using ShopeePay Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, partners with Puregold to offer its customers a safer payment method via ShopeePay, its integrated mobile wallet. Starting today, customers can pay for their groceries using ShopeePay in over 406 Puregold branches nationwide and can enjoy up to 20% cashback starting today until December 31, 2021.      With more Filipinos embracing cashless transactions and digital payment methods gaining traction, Shopee continues to offer a wide range of digital payment options to cater to Filipinos' evolving needs, including ShopeePay, our mobile wallet.      Ferdinand Vincent Co, President at Puregold, said, “Puregold is excited to partner with ShopeePay for this initiative. At Puregold, we want to give our customers only the best kind of service and overall quality shopping experience, and that includes easier and safer payment methods. Through the convenience of digital payments, we aim to increase customer enthusiasm while consumers maintain their purchasing power.”      Martin Yu, Director at Shopee Philippines, said, “We are always thrilled to partner with one of the Filipinos’ favorite brands, such as Puregold. Through ShopeePay,  we strive to ensure that users can shop and pay with ease. In addition to the ease of use, ShopeePay offers several benefits to users which include convenience, a seamless user experience, security, and greater cost savings. Shopee will continue to collaborate with more brand partners to make paying for online purchases easier for Filipinos amidst the pandemic and beyond.”       For shoppers opting to pay via ShopeePay, here are six easy steps to follow:   Inform the cashier you would like to pay via ShopeePay  Go to your ShopeePay wallet action bar and tap “Scan.” Click QR / Barcode Enter your 6-digit ShopeePay PIN Present generated QR code to cashier for scanning  You will receive a confirmation of your payment      Download the Shopee app for free via the App Store or Google Play and pay for groceries via ShopeePay to get 20% cashback on Puregold purchases.

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AirAsia PH eyes tapping more e-wallet providers

April 21, 2021

AIRASIA Philippines is looking to tap more e-wallet service providers to allow more payment options to its passengers.      "We will definitely tap other e-wallets to make sure that our guests get the most out of their travel and lifestyle experience. AirAsia is moving beyond just an airline. We take pride in our pivot to digital transformation, especially during these times," spokesperson Steve Dailisan told the Philippine News Agency when asked if there is a plan to partner with other e-wallets services aside from GCash.      The carrier recently partnered with Mynt, the operator of GCash.       Dailisan said the partnership started in February, but only offline payments were facilitated previously.      The difference now, he said, is that online payments via GCash can now also be facilitated.       "It's made available online so that more guests can have access to it. At the same time, this forms part of AirAsia's greater push for digitalization. We want our guests to experience convenience and contactless transactions in view of the present health situation," Dailisan said.       Passengers may book their flights and pay for their meals or additional baggage using GCash.       They can select "wallet" on the AirAsia website or app, or scan the QR code at the check in counter to pay cashless.      Last year, GCash registered over 33 million users, 65 percent higher compared to 20 million users in 2019.       Earlier, GCash reported it exceeded its targets last year with transaction value hitting over PHP1 trillion, peaking at a PHP7.5 billion daily gross transaction value and with more than 6 million transactions in a day. (PNA)

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Imported vehicle sales up 7% in first quarter

April 21, 2021

SALES of imported vehicles for the first quarter of the year increased by 7 percent to 15,857 units from 14,554 units sold in the same period in 2020, the Association of Vehicle Importers and Distributors (AVID) reported Tuesday.      AVID said all vehicle segments except for passenger cars recorded a positive sales growth in the January to March 2021 period.      Light commercial vehicle sales for the first three months of the year rose by 13 percent to 11,198 units from 9,895 units sold in the same period last year.      Commercial vehicle sales surged by 354 percent in the first quarter of 2021 to 418 units from 92 units in 2020.      On the other hand, sales of passenger cars declined by 7 percent to 4,241 units sold between January and March this year from 4,567 units sold in the same period of the previous year.      On a year-on-year basis, sales of AVID members have recovered in March 2021 from March 2020 -- the onset of coronavirus disease 2019 (Covid-19) pandemic.      Sales last month jumped by 95 percent to 5,193 units from March 2020’s 2,663 units.      Compared to February 2021, sales last month declined by 4 percent from 5,401 units.      “The slow uptick of passenger cars is a result of continued low consumer confidence,” AVID president Ma. Fe Perez-Agudo said in a statement.      Month-on-month passenger car sales decreased by 10 percent to 1,372 units in March from 1,518 units in February.      Light commercial vehicle sales also slipped by 1 percent to 3,676 last month from February 3,728 unit sales.      Commercial vehicle sales declined by 6 percent to 145 units in March from 155 units sold in February.      “But let us not discount the commendable performances of light commercial vehicles and commercial vehicles, and the hardworking teams that drive them.       We see these two segments as our industry’s lifesavers as they lend indispensable support to the country’s revitalized infrastructure development programs,” Perez-Agudo added. (PNA)

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Holcim launches water-repellent, ‘environment-friendly’ cement

April 19, 2021

LISTED building solutions provider Holcim Philippines, Inc. has launched what it described as the country’s first water-repellent cement product that can protect homes from water-based damage.      In a press release on Thursday, Holcim said its “Holcim Aqua X” is a blended cement that is more environment-friendly than similar products in the market. The new product, which was rolled out to select customers in Davao, will be widely available in Mindanao by the end of the year.      It said Holcim Aqua X contains “Active Water-Repellent Boosters” that prevent damage.      “These make it easier to build water-resistant structures compared with current practices, where builders apply a repellent on walls or include a water-proofing compound to the concrete mix,” it said.      Holcim said it developed the water-repellent cement to respond to customers’ demands for a product that protects structures against excess moisture.      In a survey by a third party commissioned by the firm, 70% of home owners and contractors in Davao identified water protection as an important consideration in projects. Some 300 respondents were interviewed for the survey.      “This new product highlights our great advantage in developing exciting products,” Holcim Philippines President and Chief Executive Officer Horia-Ciprian Adrian said, adding that Holcim Aqua X is more eco-friendly than other products.      “Being a blended cement, Holcim Aqua X is more environment-friendly than others in the market because it uses less clinker thus having lower carbon footprint,” he added.      The launch of Holcim Aqua X comes as the company continues the rollout of its specialized line of construction solutions.      Last year, it introduced Holcim Multifix, a multi-purpose mortar that seeks to improve the quality of walls, floors and tile installations in building projects.      In 2019, the company came out with road infrastructure cement “Holcim Solido,” which became a significant part of its product mix and acted as an alternative to the commonly used ordinary Portland cement.      The company has five cement manufacturing facilities in La Union, Bulacan, Batangas, Misamis Oriental, and Davao, as well as aggregates and dry mix business and technical support facilities for building solutions.

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Chelsea Logistics unveils new Trans-Asia ship

April 19, 2021

CEBU City –  Chelsea Logistics and Infrastructure Holdings Corp. on Friday disclosed its new vessel MV Trans-Asia 21 (TA 21) has completed its sea trial in Fukuoka, Japan, marking the company’s new investment amid the coronavirus disease 2019 (Covid-19) pandemic.      “The shipping industry might have been badly hit by the Covid-19 pandemic but we are convinced that this investment will be a meaningful revenue and profit contributor to the Group,” Chelsea Group president and chief executive officer Chryss Alfonsus Damuy said in a statement to the Philippine Stock Exchange.       Damuy said the Philippines, being an archipelagic country composed of 7,641 islands, is largely dependent on shipping to move people, goods, and services across the globe.       “We are certain that the shipping and logistics industry will recover faster because it is essential and a necessity in global trade,” he said.       MV Trans-Asia 21 was contracted for shipbuilding with a highly reputable Japanese shipyard several months prior to the onset of the pandemic, and is in partnership with one of the biggest private ship owners in Japan, the firm said.       It was in November 2016 when Dennis Uy, president of the Udenna Group, Chelsea’s parent firm, signed a share purchase agreement with Cebu-based shipping company Trans-Asia Shipping Lines Inc. (TASLI) to acquire the latter.       TA 21 measures 123 meters in length and has a gross registered tonnage (GRT) of 8,800 tons. It can carry a total of 1,085 passengers, 24 buses and 11 trucks.       During its sea trials, MV Trans-Asia 21 easily reached its designed top speed of 20.1 knots and successfully passed all the necessary tests to ensure safe and efficient operation of the vessel.       The ship was constructed at the Fukuoka Shipyard in Japan and internationally classified by Nippon Kaiji Kyokai (ClassNK), one of the largest and most reputable ship classification agencies in the world.       Upon its delivery in the second quarter of 2021, TA 21 will be Chelsea Group’s 12th and biggest brand-new RoPax (or a ship made to carry passengers, cargo and vessels) made in Japan and designed specifically for operation in Philippine waters.       TA 21 is the latest and another welcome addition to Chelsea’s fleet of 76 vessels composed of 22 roll-on/roll-off passenger vessels, 10 fast craft, 11 cargo ships, 16 tankers, 16 tugboats, and a floating dock, through its subsidiaries Chelsea Shipping Corp., Starlite Ferries Inc., TASLI and The Supercat Fast Ferry Corp.       “TA 21 will be deployed at a prime route giving the Filipino public affordable and quality service they deserve on board a brand-new and safe ship,” the company said. (PNA)

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