Lunes, Nobyembre 24, 2014

                                 5th ECOP MGM , Members General Meeting:

ECOP ( Employers Confederation of the Philippines) in Partnership with ILO International Labor Organization and Pru life UK hold a one workshop about " Developing Strategies for Disaster Resilient Workplaces", with a special guest lecturer  from the Business New Zealand and Chairperson of Business & Advisory Committee to the OECD .

Mr. Phil O' Reilly , Chief Executive from Business New Zealand  shared his profound, on hands practical experience " how representatives business organizations can play a role in responding to Crisis : the New Zealand experience".

From the 6.32 magnitude of earthquake which obliterated the Christchurch NZ, last Feb. 4, 2012 there were four reasons  that business community learned: "that business private organization could be of good used for disaster  response , rehab and reconstruction", that " private and public organization  part co existence ,tandem in the rebuilding efforts in NZ", "working for disaster posed for better and stronger relationship between public and private institutions".

Major outcomes of the strong commitment  and relationship in both private and public resulted to a 80 percent success in rebuilding efforts of all 35 000 business registered in Christchurch NZ. Despite of the exodus of businesses to suburb areas the out come of the disaster , at least major operations continued . Many of these business establishment were given financial support by the banking and financial realm in NZ. Most of the these traumatised business entity have been in operation today.

The disaster were not all problems to solve . But it could provide opportunities to a most creative enterprising entity. The opportunity and business to rebuild . There will be massive work in the recruitment and retention  inventory of human resources. Workers accommodation  would be a phenomenal business .

Mr. Philip O' Reilly , candidly response to a question during the forum, that ultimately a business in  a shut down operation is a disaster that should be managed well. Outweighing the repercussion of massive lay out , unemployment if one company will force to shut down cause by the natural disaster is not good for the ailing economy. In NZ, all financial intermediaries knows their own role in society as financial conduit of business private enterprises. Banks comes into succour  in times of need , which have been very cooperative in providing soft loans to a disaster stricken community small and medium enterprises.


Henry Estipona
Philippines

Sabado, Nobyembre 22, 2014


IS CREDIT INFORMATION BUREAU ESSENTIAL TO  A CREDIT BASED SOCIETY LIKE THE PHILIPPINES?

Imagined a clearance certificate as an essential personal documentary requirements in all personal undertakings like applying for a job, securing a personal o business loan that will soon be implemented once , the passage of the bill in the House of Congress which soon become into Law as being advocated by the former actor now an corporate advocates Mr. Jaime Garchetorina .

My own interpretation of Certificate Clearance of No Debt :

Credit Information Bureau

This is to certify that  Mr.Hayme Nikolai Alaala has no outstanding liability to any person or juridical entity as of to date ------------.This certificate is valid from today ------- until ---------.


Charing-to Dalelimot
Signatory

The need to have a derivative department which will encharge of the master listing index of the good creditors and past due account is necessary in the credit based society like the Philippines.

Kindly visualize your paper bills (money), and the note printed on it " Ang Salaping Ito Ay Bayarin ng Republica ng Pilipinas". Means in English " This money is to be paid ( accountable) ng Republika ng Pilipinas.

But for the reason alone of being past due  (deliquent) is not a good reason at all to lack out a certain person to the circuit of financial system.

Advocates of the credit information  bureau and its necessity of existence by the name of Mr. Jaime Garchitorena speakes the logic of the credit Information Corporation.

Together with the CRIF(www.crif.com) , an Italian base IT Information Technology  company represented by Simone Colombara , managing Director CRIF Corp . Philippines explained the practical usage of the credit information bureau, as the official national vault of the creditors (master list) ,credit history of each creditor .Thus CRIF will officially host the IT infrastructure being an expert in the field as a custom designer of integrated business IT solutions proven effective in Asean Countries, European, Middle East, Africa, Americas, Australia and Canada.

If the purpose of the Credit Bureau is for the Philippines Financial Realm to have a single window , releasing a clearance for each citizenry of his credit status .Wither one is of good creditor , habitual absentee of payments or wither one has no obligatory records .This will facilitate for another third party like a loan institution for a good decision making , releasing the loan to a deserving one.The certificate of debt status or no debt will serve as a character reference and will give the bearer a better  chance for a job promotion or good social standing  . If this will be the purpose of the Credit Information Bureau , then the elements of its existence is undoubtedly necessary.

But on the other hand , if the Credit Information Bureau's purpose is to finalize individual , condemning him into oblivion of excommunicated into any financial inclusion , then the Bureau has no right for existence. Because its existence violates the very basic rights for economic freedom for a man to exercise his self reliance, be able to run and acquired his own private property.

But on the other hand, if the Credit information Bureau's purpose is to inquest one banking preferences, based on his religious beliefs, culture, currency affiliation , then the credit bureau existence is go against for the universal human basic rights.

(this article is inspired by the Movie : The Hunger games now on showing at all SM  Shoe Mart Cinema nationwide)

"we all responsible with our fruits of labor and we will not work just for scraps"

Henry Estipona
Philippines




National Digital Awards Awarding Concert: A Show of Excellence


The local digital art scene received an infusion of new talents as the winners of this year's version of the National Digital Arts Awards (NDAA): Redefine , Recreate , Revolutionize was announced by Globaltronics last night at the Aliw Theater in Pasay City.

Winning it all in the Professional , Motion Graphics Category is Gharawi Usman, who went home with Php300,000 while Jeremiah Torrevillas claimed the top spot for the Print category ,earning him Php 150,000.00.

Competition in the Student category proved to be as fierce as that of the professionals. Out of hundreds of entries, Kyle Amiel Balagtas of the Technological University of the Philippines won 1st Place , taking home a Php 100,000.00 cash prize. Showing his innovative side is Kim Alexis Tinambacan of Malayan Colleges of Laguna who earned the top spot of the Motion Graphics category along with a Php 175,000 cash prize . All in all, Globaltronics have awarded a total cash prize of Php 1.5 million.

With an esteemed and talented group of judges comprised of Dan Matutina , Co-founder of Plus3 Design Co., Jobert Monteras, Professor and After Effects expert, Heinritzh Sales, Art Director of Team Manila, Ali Silao, Creative Director from TBWA/ Santiago  Mangada Puno, Jay Tablante ,famous photographer and Brand Ambassador for Canon, Dave Yu, CEO of Mothership Inc., JP Cuison, Associate Creative Director of Publicis Jimenezbasic Adversiting , Patric Cabral ,Multi Disciplinary Designer and Artist , Cj De Silva -Ong, Senior Art Director TBWA / Santiago Mangada Puno, Rob Cham, Freelance Illustrator, Designer and Comic Artist , Benjie Marasigan Jr., President of the Animation Council of the Philippines , and Marie Grace Dimaranan, Animator and Creative Director. This group versatile digital art icons filtered through hundreds of entries from all over the county.

Adding to the fun and excitement are performances by certified rock powerhouse Parokya ni Edgar and Callalily who both had the crowd cheering and singing along with them in the concert after the awarding . Joining the brands are tons of surprise guests and performers.

Globaltronics , in behalf of all the partners and sponsors who made this event possible , would like to extend their thanks and appreciation to all who supported the National Digital Art Awards.

This event is co-presented by: Manila Broadcasting Company ( MBC), the outdoor Advertising Association of the Philippines (OAAP), Star City, Aliw Theater , Philippine Charity Sweeptakes Office ( PCSO) , Buddha Bar , Outdoor Asia Adversiting , and Splash Island among many others.

Full list of Winners:

Student Category:
Print

1st Place- Kyle Amiel Balagtas-Php100,000
2nd Place- Wesley Jelo Almazar -Php75,000         People's Choice Award
3rd Place-Jerle Shandor Tabangcura-Php50,000

Motion Graphics:

1st Place- Kim Alexis Tinambacan-Php175,000
2nd Place-Sheina Mae Cortez- Php125,000          People's Choice Award
3d Place-Jean Cheryl Tagyamon-Php75,000


Professional Category:

Print:
1st Place- Jeremiah Torrevillas-Php150,000
2nd Place-Ronier Verzo-Php100,000
3rd Place-Denver Dutollo-Php50,000                  People's Choice Award


Motion Graphics:
1st Place-Gharawi Usman-Php300,000
2nd Place-Junvi Alabado-Php200,000
3rd Place-Ronald Mastail-Php100,000                People's Choice Award

For more info contact:
Global Tronics Inc., 721 28 78

FB: GlobaltronicsInc
@LEDSignages
www.globaltronics.net






Miyerkules, Nobyembre 12, 2014

Mr. Kiyoshi Mori, Director General , Global ICT Strategy Bureau , MIC of Japan visited the Philippines for plenary session of the 1st International Cable TV Conference and Products Exhibits at Crown Plaza Hotel, Ortigas Center, Mandaluyong City , Philippines last November 11, 2014.
Transpired from the seminar /forum an urgent need for the Philippines to have " Digital Super highway ( Infrastructure) in order to have a competitive national edge over its Asean neighbor in the upcoming ASEAN Integration 2015.Leaded by the Japaneses successful model of migration from analogue to digital terrestrial and fiber optics data delivery , the Philippine found its strong buddy in the personification of Japanese high edge technology.
Mr. Kiyoshi Mori, citing Japan as the third largest economy is definitely have a new business proposition to the Philippines, this could be done by " creating a trusty worthy business relationship".
Usec.Louis Napoleon C. CasambreExecutive Director of the information & communication technology , talked on the current impediment in the telecom industry that causes its lethargic monopoly is the RA 7925 of 1995. Given with the current restrictive laws , efficient adoption , navigation of the new technology is off question.
Ms. Estrella Neng Julian Tamano , emphasized the needs to re examine the RA 7925 which hinders telephone operators to expand connection to countryside . This causes heart ache to relatives of OFW who needs internet connections for to keep communication open.
The Japanese MIC, gave an assurance of pledge to the Filipino to subsidized the Philippine digital backbone and leads the Philippine towards a smooth transition of migration from analogue to digital virtual runs economy.They are willing to set up factories, thus further re training Philippine telecom technician of National Telecom and Tesda for the Philippines to be able to attained its goal of 2015 TV white space".
There will be a regular Japan - Philippines telecom dialogue and consultation as being ensured by both camps.
Hon. Gamaliel A. Cordoba , Commissioner of the National Telecommunications Commission personally gave thanks and commendation with all Philippine telecom stake holders, and Japan MIC Ministry of Internal Affairs and Communication for its unwavering support for the Philippine vision of fully integrated virtual, digital infrastructure to come into a reality.
The national telecom and MIC have been into a series of consultative meeting since January for a technical seminar, March for spectrum planning, June for frequency planning, September public hearing for the proposed IRR.This all happened with these year . Both camps have been positive on the belief that the best is yet to come . Its been here , during the start of the 1st International Cable TV Seminar.
Henry Estipona,

Biyernes, Nobyembre 7, 2014

The Philippine 1st Literary Festival 2014 as was presented by National Bookstore , Raffles Makati  have been a huge success. Co partner with ABS -CBN Publishing Inc., ANVIL, Ateneo de Manila University Press, Precious Pages Your bookstores, Summit Media , University of the Philippines Publishing House, University of Sto. Tomas Publishing House,VISPRINT , INC. , the literary festival became a landmark in the historical pages of the Philippine history of literature .

Chang - Rae Lee , South Korean migrant to USA have been the honorary guest of the first Philippine Literary Festival .

The interview with the author as was given the highest accolade , spotlighting with an entertainment talk show hosted by Philippine  LGBT advocates , Ateneo English teacher, and author himself ( Ladlad Anthology) Mr. Dan Remoto.

(1.)What makes Chang Rae Lee an author. Who influence you ,during your  early life on becoming a great novelist as what you are today?

"The one who influence me in my growing up years to become as what I am today is my English teacher. Probably I was fifteen and sixteen years old when novel become a talk of conversation in our English class , then given when this bracket of age , I think everyone is on the verge of discovering once self . Being aware the importance and beauty of the literature it became my habit to read . I enjoyed it , I love it, I have passion in literature and any form related to it. I devour to read everything I can. Yet I found pleasure doing it  Maybe I am fortunate enough to have the luxury of time being a  diligent reader , then I realize I can able to write . Frankly I am  crazy reader . I read books, I read poetry".

The author quoted Jack Caroline whom he attributed his artsy , seeing things as if travelling .

" My family as a migrant from Asia to America is a typical family in New York . My family who provide the best security , financial stability and the passion to strive more seems molded my way of  looking at life differently "

The novel " Gardener", enrich the authors life to write to tell stories . Because he found the sound of the language use as very poetic. The author loves poetry so much. He likes love stories too. For out of this materials that the author was able to unfold , translate his own love stories recreating his own experience in love, base on what he heard from other own love stories.Then from the topic of romance  and love , the author evolve on the tableau of his own writing styles. Slowly dwells the topic of unknown faces of soldier of war , its causes and after effect.

(2).Does your Father being a Psychiatry mold your neurotic way  to became a creative story teller?

"Yes, perhaps . In home we have a lot of books related to my parents avocation. I read a lot of those stuff."I read case stories, interpretations of dreams, poems, all human possibilities , experiences, . From then I developed an interest in people as to what I deeply rooted loving the literature . From poem books, movies synopsis , reviews, scripts, to psychiatric books . Because of this all my works become a reflection of people of what I have read, then people assume I am their one of their pieces."

(3).Does your father read one of those your work or novel?

Chang Rae Lee father is not a reader of English books which are sophisticated like this literature of novel war book. The father of the author  reads book but not as gentleman as what the author does. Chang Rae Lee graduated in College with English major. But he works in the Wall Street , New York Financial Stock Exchanges as research equity analyst not as stock broker. If he can read balance sheet and other financial graphs and financial statements , the author thought why not making money out of it. Financial analyst dig well stories . Realizing the potential of his new found interest in financial realm. The motivation of being independent financially, finally  encourage Chang Rae Lee to write devotedly . Year after year Mr. Lee realize he has to write . The author Chang Rae Lee found the good feeling and pleasure to work  and work really harder consistently . Which the authors found himself harder to quite writing . Chang Rae Lee was able to developed his own routine and style of writing and he found it harder to stop.

(4).The characters in your novel almost have a  resemblance with you , why?
Is there a potential violence character in you of axing someone to death?

" When I write a novel like this violence of nature , I listen to my own voice. Yes there was voice in me but maybe in so with my  own character". the spot light author said .Chang Rae Lee further said " I cannot make a story unless i am confidence with the whole story".

" Just recently I a starting a novel, I captured the scenes in an enclave of Chinese Immigrant in New Jersey .Its very interesting . The community is small , but there is so much life about them. The community stories and ambiance is so captivating. I am writing synonymous about the same place but not exactly the same. " as per the author.

What agitate the author provides his voice and space to write hyperbolic up to a larger extent of magnifying the whole context . Because if not with the writers agitation , who in the first place who have the courage to write a certain stories?, the author further said.And the author add, " that agitation became a personal authors voice translating to his works , that a became a fluids of ideas connecting to the author readers or audience, like the meaning of notes, the charms of the characters and biographical scenes, moving readers to leap , laugh, tears, emotionally bother ".

(5). The Places you entirely captured sound and look like Singapore?
       And they seems not very happy ? and using instead of first person of I , why you opted to use WE?

Chang Rae Lee replied " I love Singapore, primarily because its ASIA. But given with its orderliness and city of regulation  and not reflecting it in the story would be a total lie. However despite of these, they have still emotions, sensibilities, and feelings that needs to be highlighted in the novel.The novel is a medium to expound the community feelings, their way of life, culture and traditions, themes, opinions, philosophy. Its difficult but I've tried by best to capture this into a vivid life of readers imagination. "

















Huwebes, Nobyembre 6, 2014

East West Bank and Phil Equity rolled up the curtain for the Philippine Economic last quarter economic forecast with a full cavalry support of all branch officers of the East West Bank. The tenets core of Equity Investing principles embodied by the East West bank , local , regional and world scenario were being brought out in the opened by the Phil Equity Securities modern evangelist Mr. Wilson Sy.

To correlate the Philippine Economy which named as the best performer in the Asean region to the World largest economy of the United States of America could be attributed to the regulations and policies implemented by the President Ninoy Aquino III economic "tsar" in personified by Philippine Stock Exchange Mr. Hans Sicat . Who had just received his accolade is the best model of corporate governance by Asian Regional Magazine " Corporate Governance Asia"based in Hongkong. Together with the guardian of Banking Interest , Inflationary rate and other derivatives rates affecting the monetary and  financial systems of the Philippines in the person of Mr. Armando Tetangco Jr.

"The Philippine Economy  is expected to end  a high flying grade of 6.75 % Gross Domestic Products which comparing to the World Largest economy of USA  sluggish to a grade of 3.5 something "this is according to Mr. Wilson Sy.

The evening of  practical tips of investing in Equity have been summarized by Jose Emmanuel U. Hilado, senior executive vice president , Chief operating officer of the East West bank ,

 Good evening ladies and gentlemen.

That was a great , interesting presentation from Wilson Sy and his team. If you are still on a non believer in Philequity and the Philippines after presentation then either you were just day dreaming the whole time you are the real life version of Mr. Glum in Gulliver's Travels who would always say" It will never make it, we're doomed".

Today we have officially launched our Distribution partnership with PhilEquity Fund and we are looking forward to offering it to our clients through our Trust Feeder Fund Structure . We are bullish long term for equities because we think that the low interest rate environment in the Philippines for the past 5 years will remain (mention previous rates) and this has forced people to change their asset allocation. Instead of the usual time deposits investors and savers are now willing to take more risk be it in equities or real estate. Gone are the days when people could say I am "living on interes".

And so for the past 10-12 years whe have seen a dramatic growth in mutual funds and UITFs in the local market. In 2005 UITF levels were at P252B. As of June 2014 UITFs are at P 595 B. And we expect this to continue growing not only because of the low rate environment but also because of changing demographics and increasing wealth distribution. And we also expect that the proportion invested in stocks will continue to increase vs that of fixed income.

But investing in equities entails risk, both market and credit risk and that is why it takes some effort to self manage one's portfolio . This is where we see the need for a professional fund manager. Someone who is equipped to manage the risk and has the discipline to be more of an investor rather than a speculator.

On our part in East West , we believe in equities as an asset class for investors and we believe that is just a question of choosing the right fund manager.

And so today we have here to launched our distribution partnership with PhilEquity . And there is only one reason why we are partnering with Philequity for this equity fund- and that is performance. As the presentation earlier showed , the CAGR  of PhilEquity over a period of 20 years is 19.2% vs.4.7% . Although we always say that past performance is not a guarantee of future performance ,w hat we can conclude is that this is a fund that has been well managed through the most volatile of times in recent history. And if one can manage a fund through times like that and still deliver excellent returns, then chances are your funds will be well managed well into the future.

I recently read the financial times an article about fund managers. The article said that there are still evidence to suggest that it is worth paying the fees of active fund management but there are a few managers who appear to be worth their fees. And they are rare because you have to show consistent outperformance through time. One of them is Benjamin Graham ( the guy who developed the discipline of security analysis is considered a value investor) whose fund returned 21 % a year over 20 years . Sir John Templeton of the famous Templeton Growth Fund was also mentioned . He delivered a return of 14.5 % from 1954 to 1992 . The last one is Peter Lynch who ran the Magellan Fund of Fidelity from 1977 to 1990 and averaged 29 % per annum.

Now if we relate that to PhilEquity which returned 19.2% over period of 20 years thent he obvious conclusion is that PhilEquity's track record compares to that of the world's best fund managers - and of course the conclusion that they deserve their fees. Maybe I should write the financial times and tell them that they over looked a fund manager in the Philippines who has shown the same track record worth and worth his fee- you are ok  with that Mr. Wilson sir?

In closing , I wish to thank our clients who joined us today. Thank you for your business. We are confident that we are bringing to you a sound investment alternative. We look forward to doing more business with you. To the PhilEquity team, Mr. Sy , Mr. Bunyi , thank you for doing the presentation today and we look forward to a successful and lasting partnership with PhilEquity.

Have a pleasant evening and do stay with us for some cocktails.


www.on-linexpress.blogspot.com

Miyerkules, Nobyembre 5, 2014

Share Phil  Shareholders Association of the Philippines  holds an annual general membership meeting and forum on " Improving Financial Literacy and Increasing Financial Inclusion to Sustain Economic Growth" today Wednesday November 05, 2014 , 11 AM to 2PM , at Mayuree I, Dusit Thani Manila, sponsored by Security Bank.

Among the most distinguish guest who attended the meeting is no other than the central bank governor himself , Mr. Armando M. Tetangco. Jr.

My excitement of eating launch with these Dusit Menu, was cut off abruptly by the organizer due billing issue. The meeting is for a fee .

The group mantra " Faith to the investor" Fairness, Accountability , Independence , Transparency , Honor came over lately in the Philippine Financial Landscape when the Philippines is on the verge of Asian Integration 2015.

The title of the forum for today is the testament that the Philippines have been a financial laggard. Being the oldest republic and first who savor the independence among its counterpart in Asia why it is that the Philippines , for today is still on the " literacy mode".

Asian Integration especially in the financial sectors should be on the " monitoring mood" already by this time should be.

The organization should have a clear vision  of what role they should be in the financial sector. Is the group would be in security.


Henry Estipona

Ateneo De Manila University rolled up the "The Thirteen Jaime Annual Memorial Lecture on Public Service in Business and Government ".


Ma. Isabel G. Ongpin concluded the one day lecture of Alexander Pama  Administrator , Office of Civil Defense, DND and Executive Director , National Disaster Risk Reduction and Management Council , on the topic " Confronting Disasters: Changing Paradigms " with a positive note .

" The need to have collective tomb marks , memorial for those "despirados" until now missing or unidentified victims of Yolanda ( Haiyan Storms) in Leyte Tacloban and Samar . Because alive casualty and death are all important to all of us", the comforting parental words of Mrs. Isabel G. Ongpin.

She thus  mentioned  and request to all attendee of the lecture and for all the Filipino , "to follow her column in Manila Times (every Friday) especially this coming week issue " for she highlighted the immediate need to draft a law , giving importance on the socio psychological solutions ( mental rehabilitation) for those calamity survivors ".

" It is because the trauma brought about by this tragic calamity will linger on for the rest of the  lives of these survivors ".

This is Mrs. Ongpin response to the suggestion of former Senator Shahani.

Merlito Salazar, brought out the issue to further revive and re organized the  AFP reserve force for disaster relief operations not only during calamity strikes. For mobilizing some of the AFP forces for these purpose requires some remuneration for which the department cannot afford to shoulder. Because the money now being circulated for the entire AFP force have been good enough for the retirement of the old members of AFP. There is a need for capital and human infusion in the pipelines of national disaster relief and operations to carry the mandates of National Disaster Risk Reduction and Management .

Your truly brought out the issue of further re alignment of the National Disaster Risk Reduction and Management  Council programs and process to avoid over lapping, collision of concerns on the ground while carrying out the rescue, relief  ,rehab  and reconstruction operation. A single disk of from the said office should be installed coordinating those active ngo's , international relief operations , local government units , local and international volunteers.


Mr. Alexander Pama, emphasized above the strength of his core command and duty of his office in three major C's .Capacity , Capability and Credibility is all , that his personal commitment why he believes his department will not bound to fail in carrying out , the very mandate of the NDRRC department.

Joining in the one day of lecture were the noted  Ateneo Personalities . Atty . Jaime G. Hofilena L1B, Vice President for  Social Development Ateneo De Manila University and Dr Antonio Gabriel M. La Vina , JSD .


Henry Estipona
Philippines
www.on-linexpress.blogspot.com




Linggo, Nobyembre 2, 2014

RCBC Rizal Commercial Banking Corporation  and e- Smart  Money Inc., teamed up with the project LockbyMobile Apps.


Lorenzo Tan , President and CEO of RCBC Rizal Commercial  Banking Corporation team up with  SMART " alive through its digital mobile application provider e-Smart  Money  Inc.

The President CEO, affirming the current risk that banks card holders are facing which was in the aforementioned risk confirmed and monitored by the IMF International Monetary Fund . "Wells Fargo cargo and logistic company acknowledge the rampant occurence of "cyber crime in the digital financial realm" and consider it now the number one risk in the corporate world. JP Morgan acknowledge that it affect almost 250 million USD for about a thousand transaction committed by the fraud electronic financial transactions" , this is according to Mr. Lorenzo Tan, president and CEO of RCBC bank.

The President / CEO further said; the Philippines is coming to an age where demographic banking markets belongs to the population of Gen Y , the " mellennials" for which the RCBC caters almost to 90 percent of this market segments , the needs to adopt a certain parameters of banking controls which adheres to these youth demographic is very necessary. Most of these youth  Gen Y generation have a market mobile penetration for about 98 percent in the Philippines. Everyone is using cellphones , so that it is in the RCBC strategic goal to come up with the mobile banking services secured enough by using "lock by mobile " e- Smart money apps developed home grown (local) by the e-Smart Money Inc.By these solutions , the banks is empowering its banks customer to have a direct control to their deposits . That is by enrolling on their options to the application to be made available to them , via mobile phone banking registration.

The President / CEO Lorenzo Tan being a partner vendor of the digital financial apps would be paying to e-Smart Money Inc., a more or less 5 USD per year per account upon reaching the required maximum volume of transaction or more or less 2 USD per year per account ( if in minimum), which translate to a less than .30 cents USD a day , banks customers is "guaranteed", with security for their accounts . This is wither their accounts is credit card or debit card. Since this is a Business to Business transactions between RCBC and e-Smart Money Inc., the manner of charging their own clients ( RCBC vs its Clients) would depends on their own company policy.That is by allowing their clients to charge their enrollment/registration availing this "lock by Mobile "  via its annual membership card, but enrollment or registration to the apps would be on the RCBC clients decisions /options ,nor it would not be a mandatory or compulsary.


The total target market card holder in the Philippines would be 50.6 milllion . Of which 8 million is about to be catered by the e-Smart Money Inc., and RCBC for its clients card holders.

Moreover , RCBC President and CEO  further said " 75 percent of the total workforce by 2025 " , would be called "the swipe generation", that would be 11 years from now. This generation composes of those who were born between 1980-2000, so this e-Smart Money digital apps for the digital financial control is very relevant and necessary. Because if the banks would not avail with these break through  cyber fraud is going up a lot of banker in jail ", personal testimony of the abled president and  CEO of RCBC.

"Even in Europe this is what happening today, doing banking via mobile , ordering food in a restaurant via i-pod or smart phone. The banking is going a virtual reality , for which there is a minimal customer relations  real interface ', added by the President.

Hence , the President / CEO is envisioning to have a Philippines a well connected virtual financial realm in the years to come. E-Peso Payments and Settlements will be good to the Philippines. There must be a comprehensive (single), well integrated flat form where ATMs users, providers , stocks consumers and policy makers /regulators, bonds investors,issuers /regulators would be connected to each other . This is what is happening in South Korea . They have already an integrated circuit of virtual / cyber financial space developed by the Samsung. The merging of Philippine Stock Exchange and Philippine dealing system is a new frontier , hoping for a more integrated online apps for a lesser cost , efficient delivery of services towards cyber financial players.

Today , the capital value of the Philippine Market systems (PSE) is just about of 1/6 of the total volume of Thailand , for these the Philippine Banking systems which comprises only of 4 percent of the total cyber financial payment systems , and yet the return of equity for each company or investors to which is quite dropping up to 6 to 12 percent , for these above all reasons that the Philippine Financial Policy makers, regulators, players, consumers  would work and hand in hand together with the mobile telcos not only to cater with the demands and anticipate with the huge Philippine sweet demographics markets called the generation Y  but to anticipate with the Asean integration 2015.

The modern mantra for today, in relation with the ASEAN integration is no longer ' Banks to Banks " transactions but rather " switch to switch" interconnectivity.

RCBC Banks which for which is runs by the Bancnet its softwares online programming linking its cyber financial realm together with Megalink is ushering a new era of banking systems . By partnering with e-Smart Money Inc., the financial project coordinator of SMART company headed by the BIG BOSSING MVP , CEO/ President  Manny V. Pangilinan together with RCBC Rizal Commercial Banking Corporation , President and CEO Lorenzo Tan , hope the Philippine Banking Systems will emerge a new.


Note: LockbyMobile was officially launched in Barcelona (Spain)  Mobile Congress (2009),it is only now that it is officially commercially launch due to the Philippine  market due to  penetration reason (2009), but today given with the market maturity ,saturation and still keeps growing for the rate of 20 percent per year ,  the risk post of cyber fraud  LockbyMobile is just fit to relaunch in the Philippines. It will be the official representative of the Philippines Financial Innovation Congress in  " Money 2020 , Las Vegas USA " today Nov. 3-7, 2014.


Henry Estipona
Philippines
www.on-lineexpress.blogspot.com




















LockByMobile
Project by SMART E-MOBILE INC.,

PROJECT BRIEF:

LOCKBYMOBILE is the world's first mobile-based , anti-fraud security service that empowers card users to "lock " and "unlock" their automated teller machine (ATM) , prepaid, debit, and credit cards with the use of their smartphones.

This latest innovation developed by SMART e-Money, Inc., (SMI), the digital financial services arm of Smart Communications , Inc. ( Smart), is in response to the rising number of fraud cases involving ATM and credit card transactions.

The Bangko Sentral ng Pilipinas has earlier reported that over a thousand incidents of ATM fraud and scams took place last year involving approximately P220 million , 13 percent higher than the 175 million that was recorded in 2012. Fraudulent practices that have victimized cardholders over the years include cash and card trapping, shoulder surfing,use of information from carelessly discarded ATM receipts, card skimming , and cloned cards.

LockByMobile is an innovative mobile financial solution that was developed to address a common pain point of any cardholder-that of having the power to protect one's card accounts in a simple yet powerful an convenient way.

It provides an additional layer of security by enabling any card holder to block and un-block the use of the funds in his cards with a few taps on his smartphone. This can be quickly implemented by banks, and provide greater peace of mind to payment card users amid the increasing incidence of identity theft.

Using SMI's proprietary, patented and Payment Card Industry-Data Security Standard certified platform, this mobile application can be downloaded via Google Play or Apple Store. This will be made available to card issuers worldwide using smartphones provided by any mobile network operator.

LockByMobile allows you to "lock" and "unlock" your accounts at different levels- by account, by channel , or by transaction settings.

Through locking by transaction, a cardholder can set an amount threshold ; limit the types of merchants where the card can be used; and limit transactions to certain countries and currencies . This is very relevant protection when the user is not using the card like when traveling overseas.

Meanwhile , selecting channel lock allows the user to specifically lock access to an ATM withdrawal , point of sale terminal , online purchase , mobile banking, or money transfer.

Under the settings , the account can also choose to specify ,which particular card account enrolled in the mobile app should be locked or unlocked.

LockByMobile also has built in fraud alert mechanism which are preventive rather than reactive ,ensuring that a transaction will not push through unless it is within the security setting set by the cardholder.

If the card has been skimmed or used by an unauthorized individual , the cardholder will be alerted immediately through his mobile phone and the attempted transaction will not be completed . This will save the card owner from filing complaints with the banks for unauthorized transactions.

The latest innovation from SMI is seen to further push the adoption of electronic payments in a country where majority of purchases and transactions are still done in cash.



Sabado, Nobyembre 1, 2014

Lasallian Scholarium Awards Exhibit  at Greenbelt 5 celebrates outstanding stories on Youth and education

Manila, Philippines - De la Salle University launched " Be Part of the Story: The La Sallian , Scholarum Awards Exhibit " last October 27 at the Greenbelt 5 Fashion walk. The Exhibit have been viewed from October 27 to October 30, 2014.

The LaSallian Scholarum Awards (LSA) is an annual recognition program that honors outstanding stories on youth and education by campus and professional journalists. Incepted in 2004 , the LSA marks its 11th year with an exhibit that showcases the winners of the Lasallian Scholarum Awards.

In attendance for the unveiling were DLSU Vice Chancellor for Lasallian Mission Br. Michael Broughton FSC, Dean for Student Affairs Ms. Fritzie Ian De Vera , Office for Strategic Communication Executive Director Jose Mari Magpayo , and award winning broadcast journalist Howie Severino . Severino was the evening's keynote speakerr , having received the Lasallian Scholarum Award for Outstanding Televised  Feature on Youth and Education in2005 ( Little Bad Boy : Binatang Rizal sa Europa ) and 2009 ( Papa, Papa, paano ako ginawa).

The exhibits that have been displayed for the general public are artistic renderings of stories that have won the Lasallian Scholarum Awards, an online quiz, a reporter for a day, photo booth , a scale model of the award winning Sikat II , and an interactive hub for easy access the the Lasallian Scholarum Winners Folio Volume 2. The Lasallian Scholarum Awards Sculptures by notable artists Ramon Orlina and Daniel dela Cruz were also displayed.

" Be part of the story", was made possible through the University's partnership with Ayala malls, Microsoft, Globe telecoms and Red Cross Youth.

Reference:

Donna Patricia L. Manio
Office for Strategic Communications
Tel . 524 46 11 to 246
Email: manio.donna@gmail.com

60th Year of German and Philippines Bilateral Relationship Celebrated:
The very handsome Ambassador of German Embassy to the Philippines , Tomas Ostrowski whom I've met personally in the coffee table launching of Senior Rodriguez "Front Pages" in Fairmont Library cum cafe invited me personally to come on his Embassy sponsored celebration, for the 60th German -Philippine bilateral relationship .
His excellency overall messages was enthusiastically applauded with so much gusto , with an over flowing authentic beer from Germany , delicattessen sausages, european cheese and preserved jams, cucumber and olive. Red and white wine from the old europe was served also.
Your EDSA 1989 non violent uprising was the main inspiration why Germany opted to have the reunification , paving more to the dismantle the long overdue wall of division haunted us from EAST to WEST.
The New German today after that 25 years of reunification is able to freshly gained and celebrate with the Philippines the 60th anniversary of having forged of mutual relationship for trade , diplomacy , people to people, educational exchanges , cultural enrichment , sciences and designed collaboration have a reason to start fresh and a new.
"Tonight we are celebrating the 60th Friendship and Cooperation of Germany and the Philippines , cooperation of democracy and freedom , acknowledging enshrined human dignity for each person , for which this friendship is manifested", ambassador Tomas said.
Extending his warm recognition to the economic performance of President Ninoy Aquino III, the German government and its people have been Philippines biggest trading partner reaching 4.7 billion Euro for 2013 alone, foreign direct invested by almost 100 German Companies which totaled for about 70 billion Euro ranging almost half of all total investment in whole of Asia.
The Philippines known for being the worlds greatest supplier of natural resources ( raw materials),is on upswing of rapid development.
The new milestone for the German-Philippines relationship from time of its oldest establishment of Chamber of Commerce ( in Asia), is the establishment of framework for social security arrangement , this very impetus evidence for a new politics and economic renaissance for the German-Philippines relationship.
From the time the people of Hamburge entrenched the deep relationship to the Philippines it "enriched futher more the diplomacy, political , when the Philippines tries to reach , solidify, strengthen its commitment to pass, enact the BBL Bangsamoro Law ,promoting to advocates the rule of law .
" The German position advocating peace and decorum for the settlements of Philippines maritime disputes with its neighbors ", hence the German people is committed for the Philippines to impart ,new ways to solve climate change , strengthened its capabilities for disaster response , and the German Ambassador personally thanks all the people of Germany for generosity in helping the Filipinos , assisting its victim of Yolanda ( Haiyan storms).
Now, the German and Philippines is even closer to each other despite of its 10k km apart , its comes to a point of new milestones . There are 30 thousand German citizens in the Philippines, and there are 15 thousand Filipino residing in Germany. From the time the Philippines establishes its Philippine consulate office in Germany since 1954 , 10 years after the two became inseparable for the trade engagement. Germany became the Philippine largest trading partner to Europe ,equating to 7 billion USDollar.
The very fundamentals of this bi lateral relationship is recognizing human rights, rule of law and Philippines sense of Justice. Fundamentals for the German Industry to keep trade in the Philippines is its commitment to be open minded.
German -Philippine relationship ushering the 60th year of mutual respect, from time of 1963 state visits of German President to the Philippines, and the personal visitation of President Corazon C. Aquino in 1989, followed by state visit of President of the Republic of the Philippines Fidel V. Ramos in 1994 .
"On Celebrating German Reunification , the fall of Berlin wall since 25 years ago "November 1989", this creates a new Future for German and Philippine Bilateral relationship.

This article is powered by Apple Mac , Family Lounge , Greenbelt V , Ayala Malls , Makati City Philippines 

Henry Estipona
Philippines
www.on-linexpress.blogspot.com

Community of Sant' Egidio , Department of Justice , City of Mandaluyong all in One , for the 1st Asia Pacific Dialogue on Human Rights and Respect for the Dignity of Life  " No Justice with out Life" 


Ambassador Massimo Roscigno , Ambassador of Italy to the Philippines guest of honor in the 1st Asia Pacific Dialogue on Human Rights for the Dignity of Life with a theme " No Justice without Life " organized by Comunita di Sant Egido in collaboration with EU ( Europeaan Commission ), Embassy of Italy in the Philippines, Department of Justice, Parole and Probation Administration Dept. of Justice and the City of Mandaluyong, Philippines held at EDSA Shangri - La Plaza Hotel, Mandaluyong City Philippines last October 27-28, 2014.
Ambassador Massimo Roscigno speech whole heartedly reflects his passion for the abolishment of capital punishment encouraging participants of the dialogue to do other wise " may this speech may compel every man to detest any form of capital punishment".
The Country of Italy is a staunch supporter for life , and its against deathe penalty since its modern era of Italy's political history from 1948. However its ancient form of detestation with the capital punishment can be traced back since 1789 when the (Duchess ) King of Tuscany abolish any form of death penalty on its Kingdom ship. Then from that time up to the 1861 and the pre union of UK and Tuscany that Death Penalty have not been in the Italy's mantle of judicial punishment.
In the early 1900's , the United Nation lay down the moratorium for the imposition of death penalty , leading its way for the campaign its abolishment . The efforts have been a success from the all member of estates, together with the Comunita Di Sant' Egidio , the idea of the First Asia Pacific Dialogue on Human Rights and Respect for the Dignity of lIfe ", came about. When several of distinguished Filipino policy makers (LGU) local government unit like Mayor Ben Abalos , known as advocates for life was invited to attend the Foriegn Ministers meeting in Rome Italy and the rest of European Parliament discussing about the total abolishment of death penalty through the world, that was two ago. During that meeting , that the idea of Manila approved immediately , to host the "1st Asia Pacific Dialogue on Human Rights and Respect for the for the Dignity of Life , in the person of life advocates himself Mayor Ben Abalos.
"EU, is a strong supporter and and its against Death Penalty", according to Ambassador Massimo Roscigno.
The ambassador himself takes pride , that such great advocacy such as historic as Rome would takes place and have a meaningful impact in the rest of the country's in the Asia Pacific starting from Manila.
The Ambassador himself , explained further that the estate economic indicator would not only be measured by the Gross domestic products , nor a ratios better exemplified by income to capital, debt to equity , but rather economic growth with a human face , by implementing a program able to respect the human dignity , the very basic for the life to exist its self . Because life is priceless . What is progress if the state and its civic programmed hampered the ethical values and the right to life.
The ambassador , himself encourage for all the participants for the '1st Asia Pacific on Human Rights and Respect for the Dignity of Life " with a theme " No Justice without life", be avenue for the participants to further debate,discuss, divergence,collaborate and shared thorough out Asian friends the shared value , and respect for the human life.
The Ambassador Massimo Roscigno , likewise greeted all Filipino and the Philippine Government , the EU, the Comunita de Sant' Egidio for the right vision and best success of the dialogue, hoping the success to be replicated from all international government.

Noted personalities who participated in the " 1st Asia Pacific Dialogue on Human Rights and Respect for the Dignity of Life " No Justice without life" , Brenda Caldries Program Officer , European Union Delegation to the Philippines, Sotheavy Chan, secretary of State , Department of Justice Cambodia, Alberto Quattrucci , secretary General for Peoples and Religious Community of Sant Egidio, Mario Marazziti, President of the Commission for Human Rights of the Parliament , Co founder of the World Coalition against the Death Penalty , Italy . , Arthur Laffin ,founder of the Association Murder Victims Family for Reconciliation , USA., George Kain,Police Commissioner , Town of Ridgefield, Connecticut USA, Professor , Division of Justice and Law Administration, Broderick Pabillo , D.D , Chairman , Permanent Committee on Public Affairs, Catholic Bishops Conference of the Philippines, Ryuji Furukawa , Buddhist Monk , Schweitzer Temple Japan, Sudheendra Kulkarni, Chairman of Observer Research Foundation in Mumbai India, Abdulhusin M. Kashim , Former Dean and Lecturer of Islam and Muslims in the Philippines, Expert on Islamic issues and Muslims in the Philippines, Leonardo Tranggono Community of Sant Egidio, Lorenzo R. Tanada III, Ismael J. Herradura, Associate Professor & Chairperson of Masters Degree Program University of Iloilo, Manuel L. Co, Administrator ,of Parole and Probation Administration , Department of Justice, Francisco Baraan, III, Undersecretary , Department of Justice, Benjamin 'Benhur" Abalos, Jr., Mayor City of Mandaluyong , Monico Puentebella , Mayor , Bacolod City , Region VI, Dr. Janette Paduea , Chief Parole and Probation Officer , Special Assistant to the Administrator., and lastly but not the least Leila M. De Lima , Secretary of the Department of Justice , Philippines.
Messages from the World regarding the sanctity of life was delivered via television by Pope Francis "declaration for the abolition of the death penalty in the world", and from Ban Ki-Moon, Secretary -General of the United Nations.

This article is powered by Apple Mac, Family Lounge ,Greenbelt V, Ayala Malls , Makati City , Philippines


Henry Estipona,
Philippines
www.on-linexpress.blogspot.com