(From left to right) SM Prime Energy Consultant Jaime Patinio, SM Prime Chief Finance Officer John Nai Peng Ong, SM Prime President Jeffrey Lim, CREC Chairman Edgar Saavedra, CREC President & CEO Oliver Tan, CREC Sr. Manager Sales & Energy Trading Jerard Garcia
On July 11, 2023, SM Prime Holdings, Inc. (SM Prime) and Citicore Renewable Energy Company (CREC) agreed to work together to promote renewable energy.
Through this collaboration, SM Prime would obtain up to 90 Megawatts (MWac) of its energy needs from CREC’s new Lumbangan Solar Power Plant in Tuy, Batangas. Beginning in the first part of 2024, the long-term agreement will take effect. This is in accordance with the Department of Energy’s Retail Competition and Open Access (RCOA) policies.
This development reinforces CREC and SM Prime’s dedication to the Department of Energy’s aim to increase the Philippines’ share of renewable energy supply to 35% by 2030.
“This partnership marks our strong commitment to providing sustainable operations in our developments nationwide. It is aligned with SM Prime’s target of achieving net zero by the year 2040. SM Prime ensures that its risk-informed investments catalyze sustainable development and positive change in the communities where it operates,” said Mr. John Ong, SM Prime Chief Finance Officer.
The partnership with SM Prime is the latest blue-chip firm partner for CREC, demonstrating the organization’s strong performance and superior customer service.
“We are happy to partner with SM Prime in providing clean and safe renewable energy for their power requirements,” said Mr. Oliver Tan, CREC President. “We believe that their support and trust in us through this partnership reflects our commitment as a renewable energy provider, and we are glad that SM Prime shares in our vision of a sustainable future,” Mr. Tan added.
The SM Foundation, through its Kabalikat Sa Kabuhayan on Sustainable Agriculture Program (KSK-SAP), is in charge of this Urban Farming effort. It aims to enhance the farming community, promote environmental awareness, increase food security, and offer marginalized urban communities chances to earn a living. A thorough program of urban farming methods, product creation, marketing, and fundamental accounting are provided through the KSK-SAP in field schools that are strategically positioned.
Over 260 trainings on sustainable agriculture have been successfully performed by the KSK program, helping a total of 28,550 farmers. Participants in these trainings have been exposed to sustainable farming modules that encourage the development of wholesome, high-quality vegetables and fruits in both rural and urban settings.
SM City Roxas
The KSK program has successfully conducted over 260 sustainable agricultural trainings, benefiting a total of 28,550 farmers. These trainings have taken place in both rural and urban settings, where participants have been exposed to sustainable farming modules that promote the cultivation of nutritious, high-quality vegetables and fruits.
SM City Clark
Partnering with the SM Foundation, SM Supermalls, and SM Markets are the following government agencies; the Department of Agriculture, the Department of Social Welfare and Development, the Department of Trade and Industry, the Technical Education and Skills Development Authority, the Department of Science and Technology, the Department of Tourism, and the Quezon City Government. Each government organization and LGU plays a vital role in maintaining the viability of the program, and so that no stone is left unturned in ensuring its success
As an example, the SM Foundation has brought SM Supermalls and SM Markets into the picture so that as these urban farmers successfully harvest, they’re given an opportunity to market and sell their produce at the Sunday Markets that are now being held in several malls across the nation. When the produce reaches a volume that goes beyond this Sunday marketing mechanism, the SM Markets offer other alternatives.
SM City Naga
It’s about creating integration and circularity so that a mini-economic ecosystem is realized. After all, it can’t be about teaching them what and how to farm and then leaving them with no outlet with which to monetize this harvest. The SM Foundation creates these strategic partnerships so that true income opportunities become part of the overall scenario.
SM City Cabanatuan
Who would have imagined that Henry Sy, Sr.’s vision from back in 2007 would be so remarkably prescient in foretelling the growing issues and challenges we now face in agriculture, sustainable food production, food security, and urban development? The SM Foundation is very happy to continue and fulfill this vision and dream.
The creation of a sustainable environment is what SM accomplishes. We continue to achieve key sustainability milestones, from being the first to incorporate renewable energy in mall buildings to putting energy-saving technology into place.
SM City Cebu SM City East Ortigas SM City Telabastagan SM City Fairview SM City Gen San
SG Hassan receives a plaque of recognition from the City Disaster Risk Reduction and Management Office officials: (L to R) Ralph Kristian Eustaquio, Research and Planning Division Head, Vanessa T. Reyes, CGADH-I, CDRRMO , Rolly Asaula Administrative Division Head and John Edward Babani Administration and Training Division Head. With them is SM City San Pablo CRS Manager Ramon Domingo (3rd from right).
On June 25, 2023, the City Disaster Risk Reduction and Management Office presented SM City San Pablo guard SG Hassan Pasco with a plaque in appreciation of his self-less and brave actions in saving a life during a dire and life-threatening scenario.
During his routine rounds, SG Pasco observed a 74-year-old client having trouble breathing because of something stuck in his throat. Fortunately, the client was saved thanks to the guard’s quick application of the Heimlich procedure (Abdominal Thrusts), which he conducted as a certified first aid rescuer.
With the help of a Certified First Aid Trainer from the Philippine Red Cross, SG Pasco has received training in first aid rescue procedures and routinely attends refresher courses. Every morning before the mall opens, these training sessions are held.
His fast thinking, decisive action, compassion, and unshakable dedication to the preservation of human life, according to the CDRRMO Management Council in San Pablo, Laguna, have had a significant impact on the neighborhood. Additional P10,000 was given to SG Pasco by the local administration office.
Actress and Smile Train Ambassador, Samantha Hanratty
The largest cleft-focused organization in the world, Smile Train, is attempting to set a GUINNESS WORLD RECORDS™ record for the most extensive online collection of smiling faces.
“We’re passionate about smiles because we know what a serious business they are. As an organization that supports free cleft surgeries and comprehensive cleft care, including oral health care, we are embarking on a global effort to honor all smiles by setting a world record,” said Susannah Schaefer, President, and CEO of Smile Train.
The attempt by GUINNESS WORLD RECORDSTM will begin on July 17, 2023, and the company hopes to break the record by World Smile Day® on October 6, 2023. We need to post 20,000 pictures of mouths to our online photo gallery, whether they are grinning, smiling, or otherwise.
Actress and Smile Train Ambassador, Samantha Hanratty is sharing her smile in support of the campaign. “I’m proud to partner with Smile Train on this global effort,” said Hanratty. Anyone over the age of 13 can participate and it’s simple to do. Go to everysmile.org and click on I want to make history. The platform will guide you in taking and uploading a clear and well-lit photo of your smile. That’s it. I did it and encourage you to do the same in support of Smile Train.”
Once the record is set, Smile Train partner, Dentsply Sirona – the world’s largest manufacturer of professional dental products and technologies, will be donating $20,000 to Smile Train on World Smile Day® – for life-changing surgeries for children with clefts.
“We are proud to help shine a light on the important work that Smile Train does to help children and all people with clefts around the world,” said Erania Brackett, Senior Vice-President of Orthodontic Aligner Solutions & Customer Experience and Head of Sustainability at Dentsply Sirona.
The campaign launch coincides with the celebration of National Cleft and Craniofacial Awareness and Prevention Month in July 2023. Cleft lip and cleft palate are common birth conditions that can make eating, breathing, hearing, and speaking difficult.
“This is another opportunity to raise awareness, support, and celebrate people born with a facial difference. We strive to give every child with a cleft the opportunity to smile and lead a full and happy life by empowering medical professionals with training, funding, and resources to provide free cleft surgery and comprehensive cleft care to children globally,” Schaefer said.
“Let’s make history together while continuing to help children across the globe who are cleft-affected,” Schaefer concluded.
In the Philippines, Smile Train is commemorating its milestone of performing more than 75,000 free cleft surgery on underprivileged Filipinos. Support Smile Train as it pursues its goal of providing vital cleft care to more children through its different programs and initiatives.
Visit smiletrain.org to learn more about Smile Train’s global initiatives and to make a donation. Visit smiletrain.ph, follow Smile Train Philippines on Twitter and Instagram @SmileTrainPh, and like us on Facebook at @SmileTrainPhilippines to find out more about our regional initiatives in the Philippines.
According to a survey done by the Singapore-Manila Branch of the Nomura Research Institute (NRI), middle-class Gen Zs and Millennials in Metro Manila have been increasingly concerned about the effects of inflation during the second quarter of 2023. The poll, which was performed in May and June, found that an astounding 94% of participants experienced inflation during this time.
These young adults have had to reduce their non-essential spending, such as leisure and entertainment prices, due to the rising costs of vital products and services like food, transportation, fuel, and utilities. Following transportation and fuel prices at 15% and utilities like power, water, and internet bills at 14%, the respondents (60%) said that their food and beverage expenses had been the most affected by the ongoing price hikes. Additionally, a staggering 83% of participants claimed to have cut back on non-essential purchases, while 79% felt it necessary to limit spending on entertainment and leisure activities.
The survey also highlighted the financial challenges faced by this demographic. Approximately one-third of respondents (32%) reported being unable to save over the past 6 to 12 months. For those who managed to save, 44% saved a lower percentage of their income. The persistent inflationary pressures have led 38% of respondents to adjust their savings goals by either reducing the target amount or delaying their timelines. Similarly, 47% of participants had to make similar adjustments to their savings plans.
To cope with the financial strain, a significant number of respondents have turned to loans. Of the surveyed individuals, 71% reported having outstanding loans. In an attempt to augment their incomes, 43% of respondents resorted to taking out additional loans in the past year. Among those who already had loans, 58% had to cut back on other expenses to meet their loan obligations, while 19% were forced to delay payments. The survey also revealed that 41% of respondents possessed credit cards. Personal loans were the most prevalent type of loan, accounting for 30% of respondents, followed by alternative installment loans and salary loans, each representing 19% respectively.
Regarding investments, 52% of respondents had existing investment portfolios. Among these, mutual funds and stocks were the top investment products, chosen by 18% of participants each. However, due to the inflationary pressures, 12% of respondents had to partially liquidate their holdings for increased liquidity, and a minimal 1% sold off their entire investment portfolio.
Given the challenges posed by inflation, respondents have adopted a diverse array of coping strategies. A notable 94% expressed concerns that continuous price increases would persist over the next 6 to 12 months. Consequently, 91% of participants felt the need to explore additional income streams. To adjust to the current economic situation, 86% of respondents planned to continue cutting back on expenses, while 73% intended to reduce their spending on entertainment and leisure activities.
In terms of savings, 34% of participants expressed plans to increase their savings allocations to better prepare for the future, while 33% aimed to maintain their current savings pattern. However, 16% of respondents planned to reduce their monthly savings allocation due to inflationary pressures.
The survey also shed light on borrowing habits, with 46% of respondents indicating that they were less likely to take out loans, while 28% stated they were more likely to acquire additional loans.
Regarding investments, 12% expressed a desire to explore risky investments in the hopes of achieving high returns over the next 6 to 12 months. Meanwhile, 40% were considering more conservative options. Notably, 30% stated that they would choose to stay away from investing altogether, while 18% aimed to maintain liquidity.
295 persons from Metro Manila participated in the online poll run by the NRI Singapore-Manila Branch, including 203 middle-class Millennials and 92 members of the Gen Z generation. Individual participant incomes per month ranged from PHP 13,000 to PHP 41,000 and PHP 41,001 to PHP 163,000.
It is evident that middle-class Gen Zs and Millennials in Metro Manila are actively looking for solutions to handle these issues and safeguard their financial futures as inflation continues to have an influence on their everyday lives and financial well-being.
Recently, Luciano Armand Copok made headlines by taking home the bronze medal at the 4th Copernicus Math Olympiad and two golf championships from the US Kids Hudson Valley Tour and the SCJGT Oceanside Invitational, both of which were hosted in the USA.
In all areas, 14-year-old Luciano Armand, a Grade 8 student at the British School of Manila, excels while balancing his schoolwork and training at the same time.
He achieved Bronze in the Grade 7–8 division of the just finished 4th Copernicus Math Olympiad Global Round out of more than 100 finalists from 22 nations, showcasing his intelligence and commitment to the subject. Francis Deinmel Legaspi, a fellow Filipino and winner in his category, was also recognized. children in grades 3 through 12 compete in the Copernicus Olympiad, an international competition that strives to help children reach their full potential by enhancing their logical reasoning skills and fostering global connections with like-minded individuals.
Luciano Armand was also named Champion for two separate US golf tournaments. He first competed in the US Kids Hudson Valley Tour for Boys 13-14 Years Old Category last July 8 in Freehold, New York. Then moved and claimed another Championship in Oceanside Invitational by SCJGT last July 18 in Ormond Beach, Florida.
His success is a testament to the power of hard work and dedication. He has proven that it is possible to excel at two seemingly unrelated activities and that it is possible to achieve success even when it requires juggling two different pursuits.
Ms. Tiffany Chua Copok, Armand’s mother, is appreciative of the help in their son’s competition journey.
The accomplishments of Luciano Armand in both the Math Olympiad and the Golf Tournaments serve as a reminder of the value of perseverance and hard effort as well as proof that success in several other areas is attainable.
RETURN OF NCAP. As we experience pre-pandemic traffic, it is ideal in terms of safety and discipline to lift the TRO of NCAP.
The Supreme Court issued a temporary restraining order (TRO) last August 2022 prohibiting the implementation of Metro Manila’s no-contact apprehension policy (NCAP) for traffic violators.
NCAP-related programs and ordinances are halted by the TRO, and any arrests made in accordance with the aforementioned policy and regulations “shall be prohibited until further orders from the Court.” The order also prohibited any government agencies, towns, or municipalities enforcing NCAP programs and ordinances from receiving motorist information from the Land Transportation Office (LTO) and any parties operating on its behalf. However, on June 14, 2023, renewed calls for NCAP to be reinstated gained steam following a deadly accident involving a motorcycle driver and an SUV in the EDSA Shaw Boulevard tunnel. The former was struck by a tanker driver who was traveling in the next lane when both drivers were in the EDSA Carousel Bus Lane.
Because of this, the Metropolitan Manila Development Authority (MMDA) wasted no time in coordinating with the Office of the Solicitor General in the filing of a motion before the Supreme Court to consider lifting the temporary restraining order on the implementation of the NCAP.
It’s sad to know that a gruesome incident had to happen but aside from this, MMDA acting chairman Romando Artes said they will use the data they obtained in the past months showing an increase in the number of road accidents and traffic violations after the NCAP was suspended in August last year.
“We find it difficult to enforce the exclusivity of the said lane without the certainty of a CCTV-assisted apprehension, thereby exposing our motorcycle riders to a greater risk,” said Artes. “We keep on reminding motorists not to use the innermost lane of EDSA as it may result in an accident, but despite our repeated calls and pleas, many drivers of privately-owned vehicles and motorcycle riders disregard the policy,” Artes added.
Aside from MMDA, Metro Manila Council President and San Juan Mayor Francis Zamora is also leading the discussion to raise the TRO on NCAP.
According to Zamora, MMDA data shows from August 2022 to May of the present year has already resulted in an average of 25,926 per month as compared to a monthly average of 9,500 before NCAP was suspended.
“This data shows that we have more than a double increase in the number of violations. Having been Mayor of San Juan for the last four years, it is close to impossible to have traffic enforcers all over the city of San Juan, more so all over the entire Metro Manila. Having NCAP deters motorists from committing traffic violations” shared Zamora.
DETERRENT. Metro Manila Mayors believe that the NCAP is an effective deterrent to erring motorists to avoid road accidents.
For those with an interest in road safety, NCAP represents a step forward, in terms of our enforcement of traffic laws.
In the few months it was implemented in San Juan, Quezon City, Manila, Valenzuela City, Muntinlupa City and Paranaque City, NCAP did bring benefits that some would say were unfairly ignored in the debate.
These cities that have fully implemented NCAP cited decrease in obstructions, choking of traffic from apprehended vehicles, reckless driving, and hazardous motorists’ habits.
It is terrible that we had to wait for a deadly accident before we could appreciate NCAP’s advantages. And aside from this occurrence, most people concur that it is now appropriate to lift the TRO. The handheld gadget for the Single Ticketing System (STS) will undergo a pilot test in July under the direction of the Metro Manila Development Authority (MMDA), with NCAP having already addressed many of the public’s concerns.
With the STS in place, the local government entities in Metro Manila would be able to firmly enforce traffic regulations while also harmonizing the current national and local laws on traffic enforcement to create an efficient transport and traffic management system.
The Art Association of the Philippines (AAP), after 75 years, is finally crafting and building its forever home in Silang, Cavite, Metro Tagaytay.
AAP was founded as a social group in 1948 by Purita Kalaw Ledesma, and is now the biggest and oldest umbrella national artists organization with 12,000 members. However, for 75 years, the organization had no permanent home.
With Mr. Fidel Sarmiento
Master visual artist Fidel Sarmiento and the current set of AAP officers he is leading, wants to take a step further and find a place where the organization can plant its roots and cultivate more aspiring artists. Together with the AAP officers – Roger Santos (Vice President), Margaret Lim (Secretary), Monette Alvarez (Treasurer), and Lulu Olan (Board Director), and their network of friends, the artists are finally able to paint colors and bring life to their biggest collaborative masterpiece that is AAP’s first ever home.
According to AAP, the Tahanan aims to be a central office for different groups of artists from Luzon, Visayas, and Mindanao. It will also serve as a gallery for out-of-town artists who need to exhibit their works but cannot afford accommodations. The Tahanan will also become an educational center for visual arts, for high school students by conducting regular workshops. Most importantly, AAP Tahanan aims to be the face of Filipino Artists to the world.
With Mr. Ral Arrogante, Artist and officer of the APP
In a press conference held last July 10, Sarmiento said “Sabi namin siguro panahon na para isipin na natin yung ating sarili naman. Pangarapin na natin ang magkaroon ng sariling tahanan.” Also present at the conference was the self-taught metal art sculptor Ral Arrogante, who is also an AAP officer. I was one of the attendees who won and received a masterpiece from Mr. Arrogante. I feel lucky and honored to take home one of his handmade sculptures. The AAP officers expressed their heartfelt gratitude to those who extended their help to them.
Sarmiento was inspired by Artabang 1 and Artabang 2, which was two successful artists co-sponsored auctions/fundraisers for Ondoy and Ormoc victims. Because of this, Artabang 3 was pushed through by Sarmiento where the earnings would be used to fund the AAP Tahanan.
“We asked 80 plus artists to donate their paintings for a one night auction on December 19, 2019, where we raised P4.5 million”, said AAP Secretary and watercolor Hall of Famer Margaret Lim.
AAP found the perfect place for their dream home in Barangay Ulat, Silang, Metro Tagaytay, where they bought a 200sqm lot worth P1.8 million.
Taken during the APP presscon
However, the building process was slowed down due to the COVID pandemic. Expenses piled after the March 2022 groundbreaking, but donations in kind came after. The contractor/engineer, John Morales, is pro bono. Architectural design by Sarmiento, pro bono. The sculptural facade will be pro bono by famed artist Sam Penaso. An artist donated 30 cement bags. In the third quarter of 2022, SM offered the Podium and Aura for artists to put up fundraising exhibits where they generated less than a million pesos. A few students of Sunshine Place in Jupiter, Makati, where Sarmiento teaches painting thrice weekly, donated a couple of millions in cash and kind. Donated materials through Wilcon Home Depot and other generous art patrons also helped with the construction of the AAP Tahanan.
For those willing to help AAP and artists in building their forever home, donations can be forwarded to ART ASSOCIATION OF THE PHILIPPINES, INC. (Bank Account#122-124181-2 / CHINABANK).
It’s simpler than ever to watch sporting events as a kind of leisure enjoyment.
At the recent DigiPlus Summer Party hosted at The Island at BGC, DigiPlus Interactive Corporation (DigiPlus) President Andy Tsui addressed partners and media visitors while introducing ArenaPlus, the gaming and leisure company’s newest brand.
The Philippine Volleyball League games, the next FIBA World Cup, and other current and upcoming sporting events may be enjoyed with ArenaPlus in a pleasant and convenient way, according to the nation’s top retail gaming and leisure provider.
The PAGCOR-licensed sports betting web platform and mobile app stream local and international sporting events live and enable sports fans to participate in the action from their present location. It has been designated as the official sportsbook of the PBA and the PVL.
“Online sports betting is a convenient and safe way to enjoy the thrill of sports betting without leaving the comfort of your preferred location. All you need is an internet connection to access a wide range of markets and play options, and also find the best opportunities to maximize your fun. ArenaPlus is a reputable online bookmaker that ensures your information and transactions are safe and secure. We use the latest technology to ensure your resources can’t be touched by hackers or malicious people,” Mr. Tsui said.
“We expect ArenaPlus to dominate sports entertainment because it targets sports enthusiasts from different kinds of sports and sports brands. Besides ArenaPlus and BingoPlus, we have more services and entertainment options to offer this year and the next,” he added.
Exponent AB Leisure Inc. In addition to thanking partners, supporters, and the media for their coverage, President Jasper Vicencio emphasized the importance of leisure time and relaxation for maintaining a healthy work-life balance.
iQor, a managed services provider of technology-enabled BPO solutions and customer engagement services, is happy to announce that iQor Qares has been registered as a nonprofit charitable organization in the Philippines. One of iQor’s CSR programs, iQor Qares, aims to support iQor employees and their local communities by offering financial support to people dealing with tragic or life-altering situations.
Media presscon
“The recent registration of iQor Qares as a charitable nonprofit in the Philippines will expand our ability to help our employees, their families, and our local communities in need. We are inspired by the generosity of individuals and corporations that support iQor Qares’ commitment to making a positive difference in the lives of others. We look forward to helping even more iQorians,” said Fleurette Navarro, iQor’s chief people officer and chair of iQor Qares in the Philippines.
Since 2019, iQor Qares has offered $150,000 in employee cases globally. These contributions have helped iQor employees deal with housing insecurity, recover from natural disasters, care for loved ones in need of medical attention and end-of-life care, and other life-altering situations. As we tour to their office we acquired knowledge and information about iQor, I was amazed at their convenience and fast hand delivery of help to the people. They are not just ordinary BPO businesses, but rather a helping hand that has a mission to make lives better.
Media tour
Putting people first, supporting local communities
The creation of iQor Qares highlights iQor’s company value of the need to give back, as it encourages employees to support fellow iQorians and their communities. “At iQor, we want people to succeed in their careers as well as in other aspects of their lives. Part of that success comes from providing employees with opportunities to foster interpersonal connections and contribute to their communities. In this way, we are doing our part as Filipinos to keep our bayanihan spirit alive,” said James Down, senior director for operations.
“iQor Qares has provided assistance to 54 Filipino employees, and we have committed to help another 38 more people since registering as a nonprofit in April. More than 25% of iQor employees have pledged and donated to the Philippines, totaling 8,377 PH donors to date and this number is growing! In addition, the iQor Qares steering committee has visited our sites in Clark, Fairview, Dasmarinas, Sta. Rosa, Iloilo, Bacolod, Talisay, and Davao,” said Down.
For the past 25 years, iQor has been a steadfast presence in the Philippines, with 17 contact centers in Cavite, Davao, Iloilo, Laguna, Negros Occidental, Pampanga, and Quezon City. Thus, it’s only fitting that, through iQor Qares, iQor continues to actively support the communities where they operate whenever an urgent need arises. iQor Qares remains committed to expanding support in the communities where iQor employees live and work as well as in the surrounding areas.
iQor cultivates a culture that cares
iQor Qares has helped foster empathy and unity among colleagues. As James Down said, “Every iQorian can choose to give one-time or recurring contributions and 100% of the money raised for iQor Qares in the Philippines will help local employees, their family members, and their local communities in need of financial assistance due to life-altering or catastrophic events beyond their control. We can provide financial assistance to any iQorian for three such events during their tenure with us, with a maximum allocation of PHP100,000 per event (and this may be waived with approval). We value our team in the Philippines, which makes up about 80% of our total global operations.”
Through one-time and recurring contributions from iQor employees, quarterly fundraising events, auctions, and other activities, iQor Qares fosters a sense of community among coworkers and sustains its charity efforts.
“I’m proud to share that every iQorian cares for their colleagues, whether it’s a team member next to them at work or in their community. Even before iQor Qares was established, we have stories of people passing the hat for fellow iQorians, helping out in any ways they can to ease others’ financial burdens. With iQor Qares, we are able to expand our existing commitment to taking care of one another,” shared Michael Oliver Dela Pena, vice president for operations.
Visit iQorQares.com to donate and learn more right away.