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MoneyGram, LBC, Cebuana Lhuillier expand access to remittances in PH

MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, recently announced a partnership with LBC Express Inc., the market leader in retail and corporate courier and cargo, money remittance and logistics services, and Cebuana Lhuillier, the Philippines’ largest micro-financial services provider. Through Cebuana Lhuillier’s proprietary PERALink system, MoneyGram customers can now have remittances paid out at over 1,500 LBC branches......»»

Category: techSource: thestandard thestandardApr 19th, 2021

MoneyGram partners with LBC, Cebuana Lhuillier to expand remittance access nationwide

MoneyGram recently announced a partnership with LBC Express Inc. (LBC) and Cebuana Lhuillier......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2021

Nium, Cebuana Lhuillier launch Quikz in Singapore to expand remittance capabilities for Filipino users

Quikz, Cebuana Lhuillier’s flagship mobile remittance app in the US, is now available in Singapore, made possible through a partnership between Cebuana Lhuillier and Nium, a global financial technology platform based in Singapore. Quikz will be powered by Nium’s trusted Remittance-as-a-service (RaaS) solution and Cebuana Lhuillier’s huge network of pay-out locations in the Philippines, allowing thousands of Filipinos based in Singapore to enjoy improved convenience, security, and real-time global transactions......»»

Category: techSource:  thestandardRelated NewsDec 16th, 2020

Direct hit on remit seen

Non-bank financial services firm Cebuana Lhuillier on Thursday estimated around five percent to 10 percent fall in remittances in January. The post Direct hit on remit seen appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsFeb 27th, 2020

Cebuana Lhuillier s services can now be done from home

In the past year, we’ve seen how businesses have switched to digital platforms due to the community quarantine. Many have come up with innovative ways to ensure that they are able to provide their basic services to people at home. One of them is Cebuana Lhuillier, which is one of the most accessible pawnshops in the country with 2,500 branches nationwide. .....»»

Category: techSource:  thestandardRelated NewsFeb 24th, 2021

WorldRemit, Palawan Pawnshop Partner Up to Expand Location For Pick Up Remittance

The leading digital cross-border payments business, WorldRemit recently inked partnership with Palawan Pawnshop. Through this partnership, WorldRemit recipients can now directly quote WorldRemit when claiming their cash remittances at Palawan Pawnshop’s more than 3,300 branches nationwide, and at their 2,000 partner locations as well. “At WorldRemit, we want to ensure remittances are sent back home […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 21st, 2021

FMIC/UA& P study shows Philippines to expand up to 6.5% in 2021

The economy can be expected to return to a growth path of 5.5 up to 6.5 percent this year, supported largely by increased remittances from overseas and government spending, according to the investment banking arm of the Metrobank Group......»»

Category: financeSource:  philstarRelated NewsJan 14th, 2021

Cebuana Lhuillier Rural Bank, UnionPay launch debit card for financially underserved

Cebuana Lhuillier Rural Bank, the banking arm of the Microfinancial Services giant, Cebuana Lhuillier and UnionPay International have teamed up to launch the Cebuana Lhuillier 24K card---a new Debit Card designed to empower unbanked and underbanked consumers in the Philippines to afford financial mobility for their day to day lives......»»

Category: techSource:  thestandardRelated NewsJan 9th, 2021

Cebuana Lhuillier& rsquo;s Micro Savings Account amped

As a champion for financial inclusion, Cebuana Lhuillier recently launched additional features to their existing Micro Savings Account, a product of Cebuana Lhuillier Rural Bank, to help more Filipinos become financially mobile, especially during the onset of the new normal. .....»»

Category: techSource:  thestandardRelated NewsDec 18th, 2020

BSP issues framework for digital banking

The Bangko Sentral ng Pilipinas has issued the regulatory framework on digital banks in its bid to promote market efficiencies and expand the access of Filipinos to a broad range of financial services......»»

Category: financeSource:  philstarRelated NewsNov 26th, 2020

BSP to issue framework for digital banks

The Bangko Sentral ng Pilipinas is set to issue the regulatory framework for digital banks in its bid to promote market efficiencies and expand the access of Filipinos to a broad range of financial services......»»

Category: financeSource:  philstarRelated NewsNov 22nd, 2020

Gov’t pushes digitalized, mechanized farm sector

The Department of Finance (DOF) said the government is rapidly digitalizing the country’s agricultural systems and mechanizing farm production to ensure food security over the long run. During the virtual 2020 Annual Meetings of the International Monetary Fund and the World Bank Group, Finance Secretary Carlos G. Dominguez III said the government wants to turn the coronavirus-induced health emergency into an opportunity. Finance Secretary Carlos G. Dominguez III (MANILA BULLETIN FILE PHOTO) To do so, Dominguez said efforts to implement the twin measures are being done to expand Filipinos’ market access for food producers while keeping food supply available and prices affordable. “We are confident that the innovative measures we are putting in place today will transform Philippine agriculture into a dynamic, high-growth sector that will fuel our country’s strong recovery,” Dominguez said during the high-level Food Security Roundtable at the meeting. Dominguez said the government is also promoting digital marketing to support ongoing efforts to boost consumer spending in the new normal and sustaining public investments in rural infrastructure. He added that the government is accelerating the move towards agricultural technology-based farming and value chain development to ensure long-term food security.  To channel more funds into the agriculture sector, the government is also encouraging more private-sector financing in the sector by proposing reforms in the Congress that will provide more access to credit for the entire agricultural value chain, Dominguez said.   “We all aspire for greater food and nutrition security for our people. Only an efficient and modern agriculture sector can fully deliver that,” Dominguez, who was Agriculture secretary during the administration of the late President Corazon Aquino, said. Amid pandemic, Dominguez III said the Philippines has been handling the COVID-19 crisis “with strength on the food security front” duets reforms, particularly with the passage of the Rice Tariffication Law (RTL). According to Dominguez, the agriculture sector was “one of the brightest spots” of the Philippines’s response to the pandemic owing in large part to the RTL. He pointed out that agriculture sector even continued to grow when the rest of the economy contracted because of the COVID-19 pandemic.  Dominguez said rice tariffication was among the main reasons why the government has succeeded in keeping food prices and supply stable, and inflation low during the COVID-19 emergency.  Keeping rice prices stable has been helpful for low-income households that spend a fifth of their budgets on rice alone, he added.   “The Philippines faced the COVID-19 pandemic with strength on the food security front,” Dominguez said.  He pointed out that despite logistical restrictions resulting from the lockdowns imposed to protect people and communities from the lethal coronavirus, the government was able to sustain the flow of produce from local farms to Filipino consumers.   “A food crisis did not happen. This is credited to the effective management of the food supply by our Agriculture Department,” Dominguez said......»»

Category: newsSource:  mb.com.phRelated NewsNov 8th, 2020

ADB to SEA nations: Close digital divide

The Asian Development Bank (ADB) on Wednesday urged Southeast Asian (SEA) countries, including the Philippines, to expand their investments in digital infrastructure and ensure equitable access to technology as they recover from the coronavirus pandemic. “We must close the digital divide and expand existing investments in digital infrastructure by building more and higher-quality mobile broadband […].....»»

Category: newsSource:  manilatimes_netRelated NewsOct 23rd, 2020

Expand access to mental health care, Go urges

Senator Christopher Lawrence “Bong” Go has issued an appeal to the Department of Health, Department of Labor and Employment and other concerned national government agencies to work together to expand access to free mental health care and psychosocial support services during the COVID-19 pandemic. “With or without COVID-19 pandemic, mental health is very important. Government […] The post Expand access to mental health care, Go urges appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsSep 4th, 2020

Western Union expands in Philippines with Cebuana Lhuillier

Denver---Western Union (NYSE:WU), a global leader in cross-border, cross-currency money movement and payments, and Cebuana Lhuillier, the largest and long-tenured micro-financial services provider in the Philippines, have come together to enable customers in the Philippines to send and receive Western Union money transfers......»»

Category: techSource:  thestandardRelated NewsAug 6th, 2020

Cleanfuel Strengthens Retail Network in Southern Manila

Now serving with the newest technologies implemented to create high-tech fuel for your vehicles, Cleanfuel, believes in the resiliency of the Filipino people that would bring and sustain solid economic recovery amid health crisis. Their recently opened retail station at Doña Soledad in Parañaque City shows a testament that the company remains upbeat in expanding their network footprints in Southern portion of Metro Manila.   “While 2020 is a challenging year, Cleanfuel has remained optimistic riding in the resiliency of Filipinos towards economic recovery. This is the reason why Cleanfuel Group of Companies continues to invest and opened more stations as a testament and commitment to its people to provide top-notch fuel to every motorist,” said Atty Bong Suntay, President of Cleanfuel. “The opening of the new station in Doña Soledad is in line with Cleanfuel’s goal to expand its reach and strengthen its customer base in the Southern part of Metro Manila,” Suntay said. Situated at the busy thoroughfare of Doña Soledad Avenue Extension at Barangay Don Bosco in Parañaque City, the new station offers a top-notch fuel and lubricants including Clean91 (Unleaded), Premium 95 gasoline, and Euro-4 diesel. It provides access to both public and private motorists from Better Living going to Moonwalk, connecting in the bustling intersection of eastern Parañaque.  In addition, the second district of Don Bosco is the primary residential Barangay of Ninoy Aquino International Airport and one of the 16 Barangays in Parañaque City. Key factors of the city’s progress include banks, shopping malls, restaurants, residential properties, and commercial manufacturing. Motorists heading towards the busy streets of Doña Soledad Avenue Extension from east-west and northern side of Parañaque can gas up to experience Cleanfuel’s brand mantra: Quality fuel for Less! Further, Cleanfuel Doña Soledad station will become a key driver of growth to more than 60,000 population of Barangay Don Bosco. As the city relies on shopping centers as part of major contributors, the company sees that the opening of Cleanfuel Doña Soledad will further strengthen and boost economic confidence. “We’re grateful and honor to inaugurate Cleanfuel Doña Soledad as our first station to open in these unprecedented times. The economy in the City of Parañaque has been growing consistently with massive projects in property and commercial manufacturing,” the company’s chief executive said.  Suntay adds that in the next coming months Cleanfuel is adding more stations not only in NCR but also in provinces to provide quality fuel for business and opportunities for others. “We intend to leverage our business aggressively and expand our retail network across the country, focusing on Mega Manila and Northern Luzon,” concludes Suntay.  Cleanfuel is expected to open more stations in coming weeks in Ortigas Avenue Extension in Pasig and mega branch in Mabalacat Pampanga as part of the long-term business expansion plan. Aside from expansion, the company has extended its support by providing fuel subsidy for the Department of Transportation’s (DOTr’s) Free Bus Ride for Health Workers Program and drive relief donations to northern provinces, which include Pangasinan (Villasis, Binalonan, Pozorrubio) and San Fernando (La Union) and other cities in Metro Manila......»»

Category: newsSource:  mb.com.phRelated NewsAug 1st, 2020

4 million Filipinos open their very own Cebuana Lhuillier Micro Savings accounts

More than 4 million Filipino shave now opened their very own Cebuana Lhuillier Micro Savings account, a product of Cebuana Lhuillier Rural Bank, the banking arm of leading micro-financial services provider, Cebuana Lhuillier......»»

Category: techSource:  thestandardRelated NewsJul 28th, 2020

Cebuana Lhuillier makes remittance available at your home

COVID-19 has already affected over close to 12 million people worldwide and has claimed the lives of more than 500,000 individuals.  .....»»

Category: techSource:  thestandardRelated NewsJul 8th, 2020

Alberta gov’t urged to expand healthcare coverage to uninsured OFWs during pandemic

“International human rights law guarantees everyone the right to the highest attainable standard of health and obligates governments to take steps to provide medical care to those who need it. Now more than ever, we need to ensure health care access is available to all in the time of COVID-19 pandemic.” The post Alberta gov’t urged to expand healthcare coverage to uninsured OFWs during pandemic appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 16th, 2020

USSC expands Super Padala network with Cebuana Lhuillier partnership

Guided by a mission of promoting greater financial inclusion among all Filipinos through innovative and affordable financial solutions, microfinancial services giant, Cebuana Lhuillier and growing chain of non-bank financial service stores, USSC (Universal Storefront Services Corporation), have recently formed a partnership......»»

Category: financeSource:  thestandardRelated NewsApr 8th, 2020

'NBA Together' Campaign Launched in Response to Coronavirus Pandemic

While the coronavirus pandemic has suspended the 2019-20 NBA season, it has not lessened the league's global impact and reach. Over the past week, 20 NBA and WNBA players created public service announcement videos to share important health and wellness information about ways to reduce the spread of the coronavirus. Those videos have generated more than 37 million views across the league's social media accounts. The league is using its vast digital footprint and the powerful voices of teams, players, coaches, doctors and others across the NBA family to launch "NBA Together" - a global community and social engagement campaign that aims to support, engage, educate and inspire youth, families and fans in response to the coronavirus pandemic. As part of NBA Together, the NBA family is committed to contributing and helping raise more than $50 million to support people impacted by the coronavirus and community and healthcare organizations providing vital services around the world, which includes the more than $30 million financial commitment already made by NBA and WNBA teams and players to date. NBA Together is centered on four key pillars that will amplify the latest global health and safety information, share guidelines and resources, and keep people and communities socially connected through digital tools and virtual events as everyone copes with the impact of the pandemic: 1. Know the Facts: The NBA launched its  Coronavirus Information For NBA Fans webpage, which is updated daily with the latest information in their regions on how they can best protect themselves and stop the spread, featuring infographics and shareable resources with guidance from the CDC, WHO, former U.S. Surgeon General Vivek Murthy and local and federal health experts. We have produced 20 public service messages to date featuring current and former NBA and WNBA Players. The NBA and WNBA will continue to use the influential voices of players, coaches and legends through public service announcements to inform fans on the best ways to stay safe and healthy in both their body and mind as the world faces the rapidly changing and evolving pandemic. 2. Acts of Caring: “Acts of Caring” will aim to inspire 1 million big and small acts of kindness to support those impacted, including community and healthcare organizations providing relief.  Using #NBATogether, we will call on players, fans and the general public to share ways they are sacrificing in this time of crisis to support friends, families and communities.  These acts can include teaching virtual classes, buying groceries for neighbors in need and donating supplies to local health centers.  Visit  cares.nba.com/actsofcaring to learn more. 3. Expand Your Community: “Jr. NBA at Home” – a new, interactive content series – will include daily posts on Jr. NBA social channels and NBA digital properties around the world to provide at-home basketball skills and drills that promote physical activity and character development and can be completed individually and in limited space.  The program features curated content and messages from NBA and WNBA players to inspire boys and girls around the world to stay active in a healthy and safe way. The program will feature daily posts on the @jrnba social media channels (Twitter, Instagram, Facebook) and NBA digital properties across the globe, and integration with NBA technology partner and mobile basketball training application HomeCourt. Jr. NBA Philippines Facebook will integrate these content pieces and feature additional videos in the future. In addition to "Jr. NBA at Home," the NBA will engage education and wellness partners, such as  Scholastic Inc., Discovery Education, and NBA Math Hoops, to promote existing resources for students and parents that have been adapted for at-home learning. NBA personalities and educators will create short virtual lessons that will make learning at home fun. And in an effort to combat the higher levels of anxiety and stress during these uncertain times, the NBA, in partnership with  Headspac, will provide mental wellness and resiliency resources and tools to encourage fans to be mindful of their mental wellness and the wellbeing of those around them. 4. NBA Together Live: Every day at 3 p.m. ET (3 a.m. PHT) on the league’s official Instagram account, members of the NBA family, including current and former players, coaches and others, will join live broadcasts for engaging interviews.  Cleveland Cavaliers forward Kevin Love tipped off the series last Saturday, March 21 PHT and we will soon be adding other platforms where we will have daily live content at a set time.  We will also be streaming classic games every night at 8 p.m. ET (8 a.m. PHT) on NBA social platforms, including Twitter, Facebook, YouTube and Twitch.  To further help NBA fans stay connected with their favorite players and teams, the NBA continues to offer a free preview of NBA League Pass, the league’s premium subscription-based product, until April 22 (April 23 12 nn PHT).  This complimentary offering features access to full length and condensed replays of all games from the 2019-20 season, as well as an expansive archive of classic games and content. Fans can redeem this free offer by signing into their NBA account through NBA.com or the NBA App on iPhone, iPad, Apple TV, Android mobile and tablet devices, Android TV, Amazon Fire TV, Roku, Xbox One, PlayStation 4 and other supported devices. The phrase “bigger than basketball” is often used when discussing the efforts of a player or team to make a positive impact in their community. The response to this global pandemic is the epitome of “bigger than basketball” as the NBA looks to do its part to help people across the globe come together and work through these tough times......»»

Category: sportsSource:  abscbnRelated NewsMar 26th, 2020