Category

Event

Event

Smart Powers Iloilo City Festival 2020

Smart Iloilo City

Festival goers and tourists can explore this year’s celebration more with the Philippines’ fastest mobile network Smart Communications, Inc (Smart). With an extensive LTE network and data offers that are designed for social media apps, locals and guests can share the sights and sounds as they participate in the various on-ground activities in and around Iloilo City.

As co-presenter this year, Smart has also teamed up with the local government to serve the digital needs of the festivalgoers, locals and organizers. This includes providing super speed connectivity via Smart WiFi in all judging areas of the festival, particularly in the areas of the Freedom Grandstand, Iznart-Solis Street, Valeria-Ledesma Street, and Ma. Clara during the weeklong festivities.

Revelers are also invited to join more of the festivities happening on January 24 and 25 at the Viva Music Festival and on Jan 25 for the TNT Concert Night. To level up their festival experiences, Smart and TNT customers are encouraged to upgrade their SIMs and devices to LTE, and register to Giga Stories, which includes free Instagram and Facebook access—making it easier for them to share more of their festival stories.

Travel Smart

Visitors can also explore top tourist spots using the Iloilo digital guide apps powered by Smart. As part of the telco company’s #TravelSmart Digital tourism campaign, these apps feature places to visit, restaurants to try out, heritage information, cultural trivia, and local emergency numbers. In line with the PLDT group’s sustainability efforts, Smart is also installing environmentally friendly merchandising and promotional materials and has committed to work closely with the local governments overseeing the festivals in Luzon, Visayas, and Mindanao, in the proper disposal of these materials.

Nationwidest Network

Underpinning Smart’s network deployment is the continued expansion of PLDT’s fiber infrastructure, which grew by 26% versus end-2018 to more than 307,000 kilometers nationwide. This unmatched fiber infrastructure is a critical advantage for Smart. For this level of performance, Smart has been cited by independent analytics firms for providing superior network quality.

According to Opensignal, Smart provides the country’s Best Video Experience, Download Speed Experience, Upload Speed Experience and Latency Experience, and provides superior 4G/LTE availability across the country. Meanwhile, Ookla, the global leader in internet testing and analysis, also found that PLDT and Smart delivered the country’s fastest fixed and mobile data speeds for the first half of 2019, as they continued to widen their respective leads over their competitors.

The sustained improvement of the PLDT-Smart network has been supported by a stepped-up capital expenditures program that includes investments in network and IT systems, including investments in increased LTE coverage and capacity, expanded fiber transport and new international cable networks.

Related posts
Megaworld Ramps Up New Office Towers in Iloilo
January 20, 2020
Transcom Iloilo Goes Green 2020
January 18, 2020
Rustic Revelry this Christmas at Richmonde Hotel Iloilo
December 22, 2019
Event

Globe to Consumers: Mobile Services to Reduce Environmental Impact

Globe Reduces Environmental Impact thru Mobile Services

Globe Telecom encourages consumers to take steps in reducing their environmental impact by using their mobile devices to access health, financial, educational,  entertainment, retail, food, and other services to minimize travel.

Petroleum-fed vehicles are one of the largest sources of carbon emissions in many cities around the world.  Every time a person rides a bus, car, motorcycle, ship, airplane or similar modes of transportation that does not use green energy contributes to greenhouse gas production.

“Mobile technology has given consumers the power to accomplish a lot of things literally at their fingertips. Through mobile phones, we can pay our bills, visit the doctor, go to the bank, buy food, go to school, shop for clothes, among other things.  By going digital, we could lessen our contribution to greenhouse gas emission and assist in healing our planet,” said Yoly Crisanto, Globe Chief Sustainability Officer and SVP for Corporate Communications.

One of the services that many Filipinos have yet to try but which can help save a lot of time, effort, and money is telehealth.  KonsultaMD, for instance, gives the public immediate access to a team of skilled and licensed Filipino doctors anytime they need it, whenever they may be.

Globe Reduces Environmental Impact thru Mobile Services

By calling KonsultaMD’s 24/7 hotline (02-7798 8000), anyone may seek medical information through the phone for primary conditions (such as cough, fever, cold, flu, pink eye/sore eyes, sinus infections, urinary tract infections, bronchitis, rashes, allergies, asthma), maternity, pediatrics, among others; telephone triage to determine urgency of the situation; reading of, and information on, lab and diagnostic results; health coaching and nutrition counseling; and prescription for over-the-counter medication.

On the other hand, the public may also benefit from the ease of use of mobile money.  While digital finance was intended primarily to promote financial inclusion especially among those who are unbanked, it has started to grow in the Philippines and is fast becoming part of the Filipino lifestyle.

Online financial platforms like GCash allow people to send money to another GCash user, buy load, transfer money to a bank and vice versa, pay bills, pay for goods and services, get a loan, invest, save money and even help rebuild the Philippine forests without travelling since everything can be done through the app.

“Mobile operators around the world are doing their best to reduce the impact of climate change through various innovations.  We at Globe continue to look for ways to reduce our own carbon footprint while helping consumers, businesses, and industries do the same by using mobile technologies,” Crisanto said.

Globe actively supports 10 United Nations’ Sustainable Development Goals (UN SDGs)  and combines innovation with the power of collaboration to achieve inclusive and sustainable development for all.

Related posts
Transcom Iloilo Goes Green 2020
January 18, 2020
Arriba Visayas Iloilo on Cactus and Succulents for a Greener Space
September 18, 2019
Event

Megaworld Ramps Up New Office Towers in Iloilo

Megaworld New Office Towers in Iloilo

MANILA, Philippines, January 20, 2020 – Megaworld, the country’s largest developer and lessor of office spaces, is ramping up its office inventory inside the 72-hectare Iloilo Business Park in Mandurriao, Iloilo City.

The company is launching two new office towers – Enterprise One and Enterprise Two – each 12-storeys high right along the bustling stretch of Megaworld Boulevard in the city’s modern business park.

The two new office towers will offer around 78,000 square meters of fresh office spaces.

Sporting modern architecture, both Enterprise One and Enterprise Two will be applied for Leadership in Energy and Environmental Design (LEED) certification.

“The demand for office spaces in Iloilo Business Park has been steadily growing the past years. Most of the companies that want to set up operations in Iloilo prefer the township concept that we offer because it helps ensure convenience and comfort necessary for the retention of their employees,” explains Roland Tiongson, first vice president, Megaworld Premier Offices.

To date, Megaworld has almost 65,000 square meters of office spaces in eight buildings that are fully operational. These towers, which include One Global Center, Two Global Center, Richmonde Tower, One Techno Place, Two Techno Place, Three Techno Place, and Festive Walk Office 1 and 2, are currently fully leased out.

An additional 35,000 square meters are now under construction, which are expected to be completed by next year. These are One Fintech Place A, One Fintech Place B, and Two Fintech Place.

Among the first-time locators in Iloilo City that are in Iloilo Business Park include StarTek, iQor, Reed Elsevier, WNS, Nearsol, and Connectsys. Companies like Transcom and HGS have also expanded their existing Iloilo operations in the township.

“By 2022, we expect our office stocks to reach around 175,000 square meters, the biggest for a single developer in Iloilo City. These office towers are able to generate approximately 62,000 jobs in the BPO sector,” adds Tiongson.

Related posts
Transcom Iloilo Goes Green 2020
January 18, 2020
Rosma Resort – Nearby Paradise in San Joaquin Iloilo
November 15, 2019
50-Million Campaign for Iloilo MICE Tourism
October 15, 2019
Event

Transcom Iloilo Goes Green 2020

Transcom Iloilo Goes Green 2020

Transcom Iloilo continues to create efforts in preserving and protecting our environment as the city is preparing for its annual festival. An estimated 20,000 participants, both locals and tourists, went out to the streets to experience the parade leading to the Viva Musicfest where OPM bands and artists were invited to perform at the Megaworld Blvd., Iloilo Business Park.

Throughout the festivities, Transcom Iloilo provided trash bins, instead of branded paraphernalias that will end up in landfills. This way, participants will also be aware of proper waste segregation. Hundreds of local Transcom employees also joined the festivity not just to have fun, but with a mission to ensure a waste-free event.

As Transcom’s CEO for GER, Mark Lyndsell, puts it into words — Transcom’s 2020 vision is to continue the initiative to take care of the environment and lessen the ecological footprints. This started in 2019 with planting trees along the shoreline of Iloilo.

Transcom Iloilo Goes Green 2020

Making life simpler by creating smarter people experiences, Trancom’s vision is a promise and an obligation to their employees, their clients, and their clients’ customers. Sustainability was an essential part in their corporate strategy, business culture, and daily operations.

Transcom Cares is Transcom’s sustainability program focusing on social sustainability. This program started as an employee grassroots initiative by Transcom employees in the Philippines. Over the years, it grew into an overarching global corporate outreach program. The program consists of three pillars: people development, equality and diversity, and community engagement.

Transcom Iloilo is strongly committed to the communities in which they operate. Their employees’ passion to contribute their time and energy fuels many of their community engagement activities, making us all proud to work at Transcom.

Don’t forget to be habitually conscious on our garbage disposal. Check out Transcom recyclable bins around the area as you visit Iloilo City during the festivities!

Related posts
Event

PICEI21 2020 National Training for Educators

PICEI21 Philippine Institute of 21st Century Educators Inc.

Philippine Institute of 21st Century Educators Inc. ( PICEI21 ) in cooperation with Industry 4.0 Comprehensive Organization of Revitalized Educators Inc. ( i4CORE ) opens the year with a national training dubbed as “2020 Training-Workshop on Designing and Developing Instructional Materials (IM)” at La Carmela de Boracay Resort Hotel, Boracay Island, Malay, Aklan on February 7-9, 2020.

This national training and workshop will be an in-depth discussion and activity towards IM technology. An overview and survey of IM technology will be presented as an introduction, followed by a more specific, detailed presentation of lectures and workshops on designing and developing a work-text, reading text IM. Then, the participants will be divided into groups to make an outline or plan of their selected IM. The outputs will be presented to the plenary for critiquing. Furthermore, participants with completed IM are encouraged to bring it for exhibit and competition.

PICEI21 Philippine Institute of 21st Century Educators Inc.

PICEI21 encourages all educators in public and private elemntary, high school, college schools and higher education institutions to attend this three-day training and workshop. For only P5,500, join this 2020 Training-Workshop on Designing and Developing Instructional Materials (IM) in Boracay with inclusions of (2) buffet lunch, (1) buffet dinner, (4) snacks for 3 days, t-shirt, certificate, PICEI21 ID and seminar materials.

Confirm your attendance not later than January 31, 2020 as slots are limited. Also, if you get to pay before January 24, 2020, you will get an early promo of P5,000 only for registration and you get to save P500. Moreover, it is expected that payments should be made in advance to get a slot as the number of participants is limited only. The participants must bring completed Instructional Materials if they have for the exhibit and competition.

Send your Payment via bank or money remittance centers:

A. Bank: Security Bank
Account Name: Philippine Institute of 21st Century Educators Inc.
Peso Savings Account Number : 0000025571193
Address: Cor Quezon-Ledesma Sts., Iloilo City

B. Money Remittance Canters
Send to: Ricky A. Quibingco
Contact No./ Address: 09098123190 (Iloilo City)

For inquiries, confirmation of attendance, or reservation of slots, please contact Philippine Institute of 21st Century Educators Inc. ( PICE21 ) at centuryeducators21@yahoo.com or Prof. Ricky A. Quibingco (+639098123190).

Related posts
Event

Rustic Revelry this Christmas at Richmonde Hotel Iloilo

Richmonde Hotel Iloilo

Make the Yuletide merry and bright and celebrate an old-fashioned holiday at the City of Love as Richmonde Hotel Iloilo fills your Christmas and New Year’s with joy and merriment. Experience a charming getaway in the heart of Iloilo’s most modern and vibrant township, Iloilo Business Park, and cherish a fun and unforgettable adventure with Richmonde’s fabulous offers for the season.

Richmonde Hotel Iloilo

Kick back and relax this Christmas break amidst the splendid ambience of Richmonde’s stylish guest rooms and facilities as you enjoy these special holiday room rates available from December 15, 2019 to January 15, 2020: PhP 4,800 nett for a Deluxe Room, PhP 5,300 nett for a Premier Room, and PhP 9,000 nett for a One-Bedroom Suite. Room rates include accommodations for up to two persons and two children 5 years old and below, with breakfast buffet, Wi-Fi access, choice refreshments for two, two (2) Buy One, Get One vouchers on Zabana cocktails, use of the Fitness Center’s gym and swimming pool, and 15% discount on in-room massage service. These special promotional rates are valid only for a limited number of rooms so hurry and make your bookings now. For hassle-free reservations with instant confirmation, book online at www.richmondehoteliloilo.com.ph.

Richmonde Hotel Iloilo

One Bedroom Suite

Still looking for the perfect Christmas present for those get-togethers with family and friends? Why not give the gift of tasty holiday goodies or luxurious hotel experiences? You simply can’t go wrong with The Granay’s selection of freshly baked cakes, breads and pastries. From the signature ensaymadas and moist chocolate cake, to the new creations for the season like fruit tart clafoutis, vanilla custaroons, handmade napoleones, French macarons, and Iloilo Paris bun, these season’s sweets will delightfully transform the holiday rush to sugar rush. For a nominal fee, package them in Yuletide boxes with trimmings. Bottles of wine and gift certificates for hotel pool access with all day treats for two are also available for those with the not-so-sweet tooth.  All orders must be placed in advance with a 50% deposit and a 48-hour lead time prior to pick up.

Come Christmas & New Year’s Eve, feast with loved ones at The Granary and indulge in a lavish assortment of international dishes and traditional local holiday fare, especially prepared by Richmonde Hotel Iloilo’s team of skilled chefs led by Chef Jeffrey Ticao.

Deluxe Twin Room

The sumptuous Christmas Eve Dinner Buffet features the delectable flavors of slow-baked leg of lamb with mint and lemon, stuffed turkey, and homemade Christmas ham, plus a grazing table overflowing with assorted cheeses and cold cuts. On New Year’s Eve, the buffet is sure to be festive with an array of global cuisine that includes roast turkey with cranberry sauce and slow-baked short ribs in jerk seasoning at the carving table. Other highlights of these gastronomic fêtes are appetizing starters, luscious desserts, and a la minute dishes from the Japanese, grilling, laksa, tomyum, pasta, and Mongolian cooking stations.

Enjoy the Christmas Eve Dinner Buffet at The Granary on December 24th from 6pm to 10pm for PhP 1,350 nett per person. The New Year’s Eve Dinner Buffet is served on December 31st from 6pm to 10pm and is priced at PhP 1,350 nett as well. Be sure to bring the kids along as they get 50% off if aged 6 to 12 years old. Children 5 years old and below get to eat for free.

For inquiries reservations, call Richmonde Hotel Iloilo +63 33 3287888 or +63 9175809642, send an email to rhireservations@richmondehotel.com.ph.

Richmonde Hotel Iloilo is located at Megaworld Blvd. cor. Enterprise Road, Iloilo Business Park, Mandurriao, Iloilo City. For more hotel information, log on to www.richmondehoteliloilo.com.ph. For the latest promotions, follow Richmonde Hotel Iloilo on Facebook @RichmondeHotelIloilo and Instagram @richmonde.rhi.

Related posts
#NewFoodxBookLatte Christmas at Book Latte + Giveaway!
December 18, 2017
Christmas Gift Giving and Feeding Program at Malangabang Island, Concepcion, Iloilo
November 29, 2016
Event

PhilCare Study: Iloilo Topped the Medical Wellness Domain Nationwide

PhilCare

ILOILO CITY – Ilonggos could be the Filipinos’ role model when it comes to preparing for medical emergencies. PhilCare Study 2019 by Dr. Fernando Paragas, lead researcher and associate professor of Communication Research, College of Mass Communication of University of the Philippines Diliman, shows that Iloilo topped the medical wellness domain nationwide with a score of 2.61 or “good” followed by Bacolod (2.84); Legazpi (2.97); Cebu (3.12); San Fernando City, La Union (3.16), and Pili, Camarines Sur (3.16), all of which are “somewhat good.” These scores are much better compared to the nationwide average of 4.02, which is classified as “neither good nor bad.”

Researchers of the 2nd PhilCare Wellness Index discovered that Ilonggos were able to pay for their medical bills and see their doctors and dentists regularly more often than the rest of the country.

At the same time, though, the survey found Ilonggos as among the most stressed of all Filipinos, being often pressed for time and are unable to get enough sleep frequently.

A total of 1,350 respondents from 22 key cities and towns nationwide aged 18-90 were interviewed for the study commissioned by PhilCare, a leading health maintenance organization (HMO). Of the total sample size, 300 respondents came from the Visayas, 75 of which are from Iloilo.

“PhilCare Wellness Index, the only study that measures the perceived health and wellness of Filipinos, is composed of six wellness domains, namely psychological, physical, medical, nutritional, financial and lifestyle.” said Dr. Paragas. Each domain is, then, composed of several wellness statements.

Apart from self-evaluations of physical, nutritional, medical, psychological, lifestyle and financial well-being, the study also measured stress, sex, vices, and health practices.

Unfortunately, Iloilo scored the highest for stress together with Legazpi compared to Bacolod, San Fernando City. Interestingly, Ilonggos spent the most for wellness among Visayans and even more than the rest of the country. Ilonggos allotted about P3,300 monthly for R&R spending, beating Bacolod (about P2,800), Cebu (at least P2,000), Tagbilaran (at least P2,300), and even most other Filipinos (at least P3,000).

About PhilhealthCare, Inc. (PhilCare)

PhilhealthCare (PhilCare) is among the top two most preferred HMOs in the country today. It distinguishes itself from other health maintenance organizations (HMO) in the Philippines by advocating wellness as a more holistic approach to health.

PhilCare pioneered the country’s first Wellness index in 2014. Based on the findings of that study, the company introduced the very first prepaid health plans in the country. From prepaid to comprehensive coverage, PhilCare’s extensive line of products covers hospitalization, out-patient and emergency healthcare needs across a nationwide network of hospitals, clinics, and physicians.

Related posts
Patient Partners Exclusives: To The Next Level
February 20, 2019
TMC Iloilo educates public about diabetes thru ‘Sweet Pa Rin Ba?’ campaign
October 25, 2018
Z-Benefit CABG beneficiary thanks TMC Iloilo, PhilHealth
October 25, 2018
Event

GT Town Center Pavia, PROFriends launch ‘Garbage to Treasure Initiative

Garbage To Treasure

One of Iloilo’s largest real estate developer, Property Company of Friends, Inc. (PRO-FRIENDS) and local mall player GT Town Center Pavia is partnering for a sustainable environmental initiative which aims to lessen the global problem on waste management – “Garbage To Treasure”.

Dubbed as “Garbage to Treasure”, the said initiative was officially launched at the GT Town Center Pavia on October 26.

“Garbage to Treasure” is a brainchild of GT Town Center’s Vice President for Real Estate and Land Development Allan Ryan Tan who is an advocate of environmental preservation through proper waste disposal.

“I am geared towards the preservation of the environment ever since. I always practice waste segregation. In fact, I built my own compost pit at home. With the global environmental problem that we are facing at present, I think it’s high time that we involve the community,” said Tan.

Garbage To Treasure

GT Town Center VP Allan Ryan Tan is an advocate of environmental preservation, and he wants to involve the community in this Garbage to Treasure initiative.“We are piloting this initiative by partnering with PRO-FRIENDS which is the closest community to our mall. With this, we hope to encourage the homeowners of Parc Regency Residences and Monticello Villas and eventually influence the community to practice proper waste disposal,” he added.

On his part, PRO-FRIENDS Iloilo Strategic Marketing Brand Manager Jerome Garcia highlighted that this project is timely with the pressing environmental issues in the country nowadays.

“This initiative will truly benefit not just our homeowners at Parc Regency Residences and Monticello Villas, but the llonggo community as a whole. As we build homes and accessible communities for the Ilonggos, it is also part of our responsibility to protect the environment,” he said.

Garbage To Treasure: Turning Waste into Money

“Garbage to Treasure” is an opportunity for everyone to convert their waste into money by simply bringing it to GT Town Center Pavia every other Saturday (October 27, November 9, November 23, December 7, December 21) from 8AM to 2PM at GT Town Center Pavia’s Parking Area. The public can bring recyclable garbage such as paper, empty bottles, scrap iron, tin cans, GI sheets, aluminum, copper, batteries, pet bottles, plastic containers and cellophane.

Garbage To Treasure

These trashes will be sold to the garbage collector per kilo. The prices of the garbage will depend on the kind of material. Thus, the public are reminded to have their trash segregated before bringing it to scrap buying area.

With this initiative, GT Town Center Pavia and Profriends management hopes to lessen the problems on waste disposal at the same time,help the people earn money by doing this simple act of saving the environment.

Garbage To Treasure

Pavia Mayor Luigi Gorriceta graces the launching of Garbage to Treasure in GT Town Center.

Aside from GT Town Center Pavia and Profriends also partnered with the local government of Pavia and the Department of Environment and Natural Resources (DENR) in order to intensify the impact of the project.

Other than “Garbage to Treasure”, GT Town Center Pavia has also other sustainable environmental projects and initiatives on its pipeline as part of its thrust of becoming a “Green Town”. Among those include the installation of its solar panels and the holding of the “Sunday Market” for the local entrepreneurs and farmers.

To know more about “Garbage to Treasure”, like GT Town Center on Facebook.

Garbage To Treasure: About GT Town Center Pavia

GT Town Center, Pavia officially opened last July 19, 2018. It is the second shopping establishment produced by IBC International Builders Corporation. First was the GT Plaza Mall at Molo, Iloilo City.

GT town Center, Pavia is under the umbrella of IBC International Builders Corporation founded by Mr. Alfonso Go Tan. Some of its sister companies are, GT Plaza Mall at Moto, Iloilo City, GT Hotel-Boracay, GT Hotel-Iloilo, GT Hotel-Jaro(Tabia), Hotel del Rio, and Iloilo Convention Center.

GT Town Center Pavia is serving the nearby areas. Tenants of the mall are mostly local and home-grown entrepreneurs. GT offers everything one needs: a supermarket, a department store, an appliance store, electronics and mobile phones, a medical and diagnostic center, fashion and jewelry stores, party needs, printing shops, restaurants and cafes, spas and salons, pharmacies, optical shops, and government services (SSS, LTO, Pag Ibig, NBI, etc). Nearby towns and areas are actually served and there is no longer any need to go to the city for one’s needs.

Related posts
Event

Alliance Global on 9-mo profit hits P19.3B; Q3 earnings up 10%

Alliance Global

MANILA, Philippines, November 14, 2019—Alliance Global Group, Inc. (AGI), the investment holding company of tycoon Dr. Andrew Tan, reported a net income of P19.3 billion in the first nine months of the year, registering a growth of 4% from the P18.7-billion level the year before.

Excluding non-recurring gains, core profit grew 9% to P19.1-billion from P17.6-billion the previous year.

Consolidated revenues increased remarkably by 17% to P127.0-billion from P108.8-billion during the same period last year, reflecting an accelerated growth pace from the first half.

Attributable net income stood at P12.8-billion, up 7% from last year’s P12.0-billion. Excluding non-recurring gains, core attributable profit grew 11% to P12.7-billion from P11.4-billion the previous year.

“We continue to work hard to deliver the strong performance across all our business segments,” says Kevin L. Tan, chief executive officer, AGI.

“We undertake product innovations, capacity expansions and even pursue digital transformations in order to further strengthen our diversified portfolio amidst this fast-changing market.  We believe these deliberate strategies will soon bear fruit, allowing our Group to show accelerated growth in future earnings,” Tan adds.

For the third quarter alone, consolidated revenues soared 19% to P44.2-billion, amid strong contributions from all its key business units.  These include its real estate development arm Megaworld Corporation, gaming and leisure operator Travellers International Hotel Group, Inc., liquor subsidiary Emperador Inc., and quick service restaurants (QSR) unit under Golden Arches Development Corporation (GADC).

Net income for the quarter climbed by 10% to P6.8-billion, with attributable profit higher at 12% to P4.7 billion than the previous year.

“We have operating leverage.  We will continue to strive to achieve efficiencies so that when sales improve, this could translate to an even stronger Group performance,” explains Tan.

Megaworld, the country’s largest township developer, recorded attributable profit of P12.8-billion in the first nine months of the year, a 14% improvement from its year ago level of P11.2-billion.  Consolidated revenues grew 17% to P48.1 billion as its core operating segments sustained their respective strong growth trajectories.

The combined leasing contributions from Megaworld Premier Offices and Megaworld Lifestyle Malls continued to show accelerated growth of 19% in rental revenues to P12.4-billion (26% of topline), coming on the back of adjustments in rents and increases in gross leasable space.

Development revenues also grew at annual clip of 11% to P30.7-billion, or 64% of group topline, coming largely from its projects in Uptown Bonifacio, McKinley West, and Westside City townships.   During the same period, reservations sales reached P114-billion, underpinned by P58-billion worth of project launches.

Travellers International, owner and operator of Resorts World Manila (RWM), recorded a sharp 49% increase in consolidated net revenues to P16.4-billion from P10.9-billion.  Gross gaming revenues shot up by 52% to P20.9-billion, boosted by the sustained recovery in the VIP segment, healthy growth in the mass business, improved hold rates and increased foot traffic to the RWM complex.

EBITDA for the nine-month period reached P4.1-billion, up 27% year-on-year, while attributable net income stood at P786-million.

AGI’s hotel business also continued to soar, with revenues growing at a stellar rate of 59% to P5.4-billion from P3.4-billion amid increases in hotel room capacities.  The nine-month period saw incremental contributions from its recently-launched Hilton Manila Hotel and Sheraton Manila Hotel under Travellers International, as well as Twin Lakes Hotel, Hotel Lucky Chinatown, and Belmont Hotel Boracay under Megaworld Hotels.  The newest addition to its growing hospitality business is the 547-room Savoy Hotel Mactan Newtown in Megaworld’s 30-hectare Mactan Newtown township in Lapu-Lapu City, Cebu.  This brought the Group’s total hotel room count to over 6,100 keys to date.

Alliance Global

Emperador, the world’s biggest brandy producer and owner of the world’s fifth largest Scotch whisky manufacturer, posted a healthy 11% improvement in consolidated revenues to P33.8-billion in the first nine months of the year from P30.6-billion the year before.  Gross profit grew at the same 11% clip to P12.1-billion, keeping its gross profit margin stable at 37%.  Attributable net income stood at P5.3-billion, up 3% from last year’s P5.1-billion.

The brandy segment registered a robust 13% growth in revenues to P24.1-billion, driven mainly by its popular premium brands Fundador and Tres Cepas, its flagship Emperador Brandy, and recently-expanded gin brand, The Bar.  The whisky segment under Whyte and Mackay registered P9.3-billion in revenues, up 5% year-on-year, supported by its single malt brands led by The Dalmore and Jura, and its blended whisky Whyte&Mackay.  This segment’s contribution would have been higher if not for the weak exchange rate of the British Pound (GBP) into Philippine Pesos (PhP).

GADC, which holds the exclusive franchise to operate restaurants in the Philippines under the “McDonald’s” brand, showed exciting results with attributable net income up by 18% to P1.2-billion.  This came on the back of a sharp 14% jump in revenues to P23.- billion, helped in part by its strong same-store sales growth of 6% during the nine-month period versus 3.8% the year before.

GADC also continued to pursue its store expansion program, bringing its total store count to 652 by end-September, increasing from 620 stores in end-2018.  Already, 106 of these McDonald’s stores are in the NXTGEN format.

AGI, meanwhile, also implemented another round of its share repurchase program of up to P2.5-billion, which will run for 12 months starting September 2019.  Since the start of the new buyback program, about 84 million AGI shares have been bought back, amounting to around P950-million.

 

Related posts
Event

Power Struggle: Iloilo City deserves MORE Power

MORE Power

MORE Power is an electricity distribution company challenging the long-standing company, Panay Electric Company (PECO). For so long, MORE Power is lambasted online and offline as people criticize the company for being ready without any facilities such as posts, meters and cables. However, MORE did not try to brag their facilities for the moment as to secure their warehouses and resources during the process of power turnover in the city. Now, let’s us have a closer look at MORE.

MORE Power

MORE Power had less than a year when they got the franchise. The House Bill No. 8302 that aims to grant the company a franchise to be a distribution company underwent a rigid approval and was signed into law as Republic Act 11212 last February 14, 2019. RA 11212 was then made effective on March 6, 2019. This grant is termed to expired after 25 years, March 6, 2044.

MORE Power

Republic Act 11212 is an Act Granting More Electric and Power Corporation a Franchise to Establish, Operate, and Maintain, for Commercial Purposes and in the Public Interest, a Distribution System for the Conveyance of Electric Power to the End Users in the City of Iloilo, Province of Iloilo, and Ensuring the Continuous and Uninterrupted Supply of Electricity in the Franchise Area. 

As published on the Official Gazette’s website:

https://www.officialgazette.gov.ph/

MORE Power in their tagline Bringing More To Life, they are a service-oriented company committed to bringing only the best customer experience to the electric consumers of Iloilo City. They fully appreciate the grave need to provide the City of Iloilo with a modernized, reliable, cost-effective, flexible and scalable power supply delivery system. As a vision, the company desires to be a preferred electric distribution utility provider that responds to the dynamic needs of consumers and delivers competent energy solutions. On the go with a noble mission, they aim to maintain their electric services in a friendly, safe, effective, non-discriminatory, cost-efficient and helpful way.

MORE Power

MORE Power Line Truck

MORE Power stands out by having four major goals for Iloilo City.

IMPROVEMENT OF THE DISTRIBUTION SYSTEM’S RELIABILITY

    • To provide reliable, safe, and quality electric services by investing in the upgrading of the existing electrical framework of Iloilo City.

THE MINIMIZATION OF FRANCHISE-WIDE OUTAGES

    • To maintain an effective distribution maintenance plan to eliminate or minimize interruptions and outages.

COMMITMENT TO COMPETITIVE POWER RATES

    • To bring more to the lives of the Ilonggos and foster business growth by ensuring that its power rates are maintained at the least cost.

CUSTOMER SATISFACTION

    • To create a meaningful customer experience with the consumers through the delivery of excellent customer services.
MORE Power

MORE Power Meters

Pursuance to their goals, MORE Power wants to take the customer service to higher ground. They will trim down the application requirements, from having more than 10 requirements to only four. This makes the process more customer-friendly. The company will also have Spot Billing in all district, 24/7 Hotline, 24/7 Quick Response Team, Key Accounts Management, and Dispute Resolution.

With the recent blackout due to energy monopoly in the area, Iloilo City deserves MORE Power and what it offers. As business goes by, competition is fine with the right civility and brand inclusivity in the market. But with the setup of the current energy distribution company where generally, there can only be one single direct source puts the whole city on the brink of city-wide shutdown should there be a problem with the “only” source. This is where competitors come to aid the greater need of the market.

Stay tuned for MORE updates in the coming days! Follow Nile on Weekends on Facebook, Instagram, Youtube and Twitter.

Related posts
Megaworld International Corporate Plaza To Sell Office Spaces Iloilo Business Park
July 25, 2019
MEGAWORLD UPDATE: Megaworld’s net income jumps 17% to record high of P15.8-B in 2018
April 17, 2019