Tag: Philippines

FedEx, Gawad Kalinga open first Sibol school

Posted by | Jun 4, 2007 | |

FedEx Express (FedEx), Gawad Kalinga (GK) in the inauguration of the first FedEx-Gawad Kalinga Sibol school in Cubic Side in Merville of Parañaque City, to benefit about 60 families this school year.

This is the first of eight FedEx-Gawad Kalinga Sibol schools to be constructed across the Philippines, aiming to deliver education to pre-school-aged children in underprivileged communities.

In addition to sponsoring the building of the schools, FedEx will fund the salaries of two teachers per school for two years.

Samuel David, FedEx Philippines country manager, Dr. Ed Caballero, GK project director, and Jose Ma. Montelibano, GK head for special Pprojects led the inauguration. Sibol beneficiaries, the GK community, Kapitbahayan, and FedEx staff and volunteers witnessed the blessing of the school by officiating priest, Fr. Agalito Tarog.

The school was jointly built by FedEx and GK, teachers, parents, and children, and will be jointly maintained by both organizations. Prior to its completion, classes were conducted for 29 students in a nearby space provided by the local government. The students were transferred to the newly constructed building in late April.

Schools have also been built in other areas in Bacolod City and Sultan Kudarat, while the construction of schools in Subic Bay, Quezon City and Napa, Parañaque will commence in 2008.

With FedEx’s commitment to supporting these Sibol schools, a total of 964 families and 936 children in the selected areas will gain access to education and have their lives positively transformed.

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DHL launches YES awards

Posted by | Apr 11, 2007 | |

DHL announced on Tuesday the launch of the Young Entrepreneurs Sustainability (YES) Awards, focussing on the achievements made by the young social entrepreneur for the achievement of the millennium development goals.

The award seeks to recognise and promote young social entrepreneurs in Asia working towards the UN millenium development goals and DHL Pakistan seeks to identify and highlight the initiatives undertaken by young Pakistan entrepreneurs in pursuit of excellence in the respective fields of the MDGs.

In the inaugural year, the awards will initially take place in five countries in Asia Pacific region; Bengladesh, Pakistan, Philippines, Singapore and Thailand. The objectives of the programme is to identify, recognise and promote outstanding young social entrepreneurs in Asia Pacific, invest in and support young entrepreneurs to expand and replicate their innovative solutions and create a platform to share resources and best case practices within the Asia Pacific region.

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WSBI supports Philippine Postal Savings Bank to execute fair value remittances services for migrants

Posted by | Mar 16, 2007 | |

At the regional group meeting of the Asian members of the World Savings Banks Institute (WSBI), celebrated today 16 March in Manila, savings banks from 17 Asian countries confirmed their commitment to closely cooperate and paid particular attention to the impact of migration, as a key driver of local economic development and business growth.

Mr. José Antonio Olavarrieta, President of WSBI declared: “Migrants represent a particular “niche” of clients with particular needs for financial products and services, both in the home and in the host country. The required services are different, especially in the host countries due to the different background, culture and nationality of these migrants. Savings banks are ideally positioned to serve these particular client segments, thanks to their close relationship with their customers and their ability to propose low-value and low-volume products in a profitable way.”

Mr. Rolando L. Macasaet, President and Chief Executive Officer at Philippine Postal Savings Bank and Mr. José Antonio Olavarrieta, WSBI President, signed a memorandum of understanding in order to assist the Philippine Postal Savings Bank in the identification of key remittance corridors. “Thanks to this Memorandum, we will be able to set up the necessary contacts and frameworks with other WSBI members to execute fair value remittance services”, declared Mr. Rolando Macasaet.
This memorandum of understanding is part of WSBI’s three pillar strategy in remittances. These pillars are:

Contributing to the definition of policy by public authorities and international organisations,
Mobilising WSBI members to participate in the provision of solutions in the remittances market
Supporting the provision of end-to-end certainty and quality.

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DHL mulls pricing review

Posted by | Nov 21, 2006 | |

DHL Express said it is reviewing its pricing policies for the next two years.

This, after rivals United Parcel Service, Inc. (UPS) and FedEx Corp. have announced plans to increase their respective rates for package delivery service. Starting Jan. 1, 2007, UPS and FedEx express delivery unit FedEx Express will increase service rates by 4.9% and 3.5%, respectively for US customers.

For the local market, however, representatives from UPS and FedEx said the actual timeline and amount of service rate increase for the Philippine market are currently being prepared.

“As all businessmen must, DHL will periodically increase rates to reflect rising costs of operations as well as investment,” DHL Express Philippines country manager Lawrence Llamzon told BusinessWorld.

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UPS expands HQ at Philippines' Clark into Intra-Asia hub

Posted by | Oct 25, 2006 | |

US-based United Parcel Service (UPS) has expanded its headquarters for US$1.4 million and converted it into its Intra-Asia hub.

The formal conversion of UPS-Clark as Intra-Asia hub was highlighted with the launching of UPS fourth annual global volunteer week conducted in barangay (community village) Cauayan here with some 300 of its Philippine-based employees participating. The UPS-Clark 16,500-square-metre area in the 2,500-hectare Diosdado Macapagal International Airport are worth some USD7 million but the network costs about USD300 million including value of aircraft.

UPS-Clark has 120 weekly incoming and outgoing flights between such routes as Hong Kong, Cologne, Dubai, Taipei, Kansai, Cebu, Narita, Kuala Lumpur, Penang, Beijing, Shanghai, Singapore, Shenzhen, Incheon and Mumbai.

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