SEC approves compliance Asset-Backed Securities
Department of Human Settlements and Urban Development Secretary Jose Rizalino “Jerry” Acuzar announced that the compliance Asset-Backed Securities (ABS) of the National Home Mortgage Finance Corporation (NHMFC) has been recently approved by the Securities and Exchange Commission (SEC). This is the latest securitization offering of the NHMFC and is now available for offering to housing developers.
Secretary Acuzar said that with the compliance ABS, developers can enjoy a convenient, risk free manner of compliance to the Balanced Housing Development Program (BHDP) – a program for developers to contribute to Socialized Housing Projects as mandated by Urban Development and Housing Act of 1992 (Republic Act No. 7279, as amended by R.A. No. 10884).
Secretary Acuzar said that investment in the compliance ABS will be a great opportunity for developers in the private sector to contribute and participate in the Pambansang Pabahay Para sa Pilipino Program.
NHMFC launched the compliance ABS offering in a virtual roadshow on Tuesday, December 5, hosted by Landbank of the Philippines (LBP), the arranger for the issuance. A total of Five Hundred Seventy Million Pesos (P570M) worth of securities will be issued to at most nineteen (19) qualified investors/real estate developers. Institutional book building and roadshows for the compliance ABS are presently being conducted and the issuance is scheduled on December 15.
NHMFC President Renato L. Tobias sees the compliance ABS as NHMFC’s contribution to the Pambansang Pabahay Para sa Pilipino Program of the government. The government aims to provide 1 million homes a year until 2028.
BARMM to empower more local schools
Ministers of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), local educational institutions, and educators graced the first ever BARMM Education Summit recently held at the SMX Convention Center in SM Lanang.
Ministry of Basic, Higher, and Technical Education (MBHTE) chief Mohager Iqbal, in his state of the education address, emphasized that “education is a pillar of nation-building.”
Iqbal also read a message from Vice President and Education Secretary Sara Duterte, “Let us work together to reshape the future of BARMM by strengthening our education system,” she said.
BARMM Chief Minister Ahod Embrahim in a video message, said he hoped that the first education summit will be a fundamental avenue for nation-building.
The BARMM Education Summit is the culmination of earlier local education summits conducted in the provinces of Maguindanao del Sur and del Norte, Lanao del Sur, Basilan, Sulu, Tawi-Tawi, and the Special Geographic Area.
First Christmas tree lighting
First Christmas tree lightingThe newest hotel in Las Pinas City, The Excelsior Hotel, celebrated its very first Christmas tree lighting last December 2, led by Evangeline Pascual, general manager, together with special guests: Reynaldo C. Balagulan, sity administrator, Las Pinas City; Mary Anne B. Planas, DILG Las Pinas City director; Ramoncito C. Jimenez, president of DFCAM College of Las Pinas; and Sheila Lorica, director of sales and marketing, The Excelsior Hotel.
Situated in the heart of Las Pinas along Alabang-Zapote Road, The Excelsior Hotel is 18-storey building that evokes an urban tropical feel in its 186 luxurious and huge rooms and suites, with its grand staircase at the lobby, and the Café Excelsior for warming up the guests while lounging.
The Hotel has swimming pool with a kiddie splash park, a fitness center, playroom, jacuzzi, sauna and soon to open Excelsior Spa. It offers state of the art function and meeting rooms for corporate and social events.
The Hotel is a place of superb comfort, excellent service, and value for money with all-new rooms, amenities and facilities for both leisure and business travelers to explore, to experience, only at Excelsior.
Newest branch
M Bakery opened last December 4 its third branch at SM Megamall in Mandaluyong.
The world-famous bakery has geared up for the holiday season with an array of freshly baked desserts perfect for reunions, parties, and gifting.
Customers can expect the same freshly baked goodies that have made M Bakery a favorite dessert destination in the metro, offering its world-famous banana pudding, signature cupcakes, cookies, brownies, cheesecakes, tres leches, and so much more.
M Bakery is rolling out its Holiday collection ideal for family reunions, parties, Noche Buena and gifting. These include the Christmas Cupcakes; winter-themed cakes; The Lights & Gifts Christmas Cakes; Holiday Gift Boxes, Banana Pudding Party Bowl among others.
Next generation smart skin care
Next generation smart skin care Nu Skin Philippines, a subsidiary of Nu Skin Enterprises (NYSE: NUS), a global beauty and wellness leader, has introduced a smart skin treatment and cleansing device with a connected, immersive experience. Featuring Nu Skin’s patented micropulse technology, the new ageLOC® LumiSpa® iO system takes personalized beauty to a new level with customized treatment options, intelligent coaching, skin care routine tracking and more.
The ageLOC LumiSpa iO is the latest innovation from the world’s best-selling brand for beauty device systems for five consecutive years.
The ageLOC LumiSpa iO system includes five cleanser options that are scientifically formulated to enable precise cleansing and interaction with the skin. With the Nu Skin VeraTM app released earlier this year, the ageLOC LumiSpa iO unlocks a new world of personalized skin care experiences.
Nu Skin continues to lead the way in the science of beauty devices with its proprietary micropulse oscillation technology, a unique counter-rotating action that draws out dirt, oil, makeup, pollutants, and toxins and lifts them away without irritating skin. Designed to be microbiome friendly, the LumiSpa iO respects the skin’s pH to help preserve its natural moisture barrier without disrupting the skin’s natural microbiome balance.
Reviving traditional Filipino Christmas
Reviving traditional Filipino ChristmasLas Casas Filipinas de Acuzar has launched the “Merriest Holly-Deals.” Guests can enjoy overnight accommodation, Hotel de Oriente viewing, and a guided heritage walking tour among the long-preserved houses within the resort. Options for additional perks like a dinner buffet and a half an hour Kayak ride are also available.
The entire heritage community of Las Casas Filipinas de Acuzar is observing Filipino Christmas tradition starting with the Christmas tree lighting last December 2, at the Plaza Mayor de Tobias, followed by a performance by the Las Casas cultural dancers and Teatro Las Casas actors.
Las Casas Filipinas de Acuzar also revives other Filipino Christmas activities and traditions with Christmas carolers going around the entire resort visiting the different houses.
Anticipated evening masses will be held at the Sanctuario de San Jose, at 6:00 pm, beginning December 16 until December 24. Filipino delicacies like bibingka and puto bumbong will also be available all day at the “La Parilla.”
Meanwhile, well-experienced chefs will prepare a flavorful noche buena table which will include traditional Filipino dishes like chicken relleno, hamon, native rice cakes, and lechon.
Visit Las Casas Filipinas de Acuzar’s website at www.lascasasfilipinas.com to check their up-and-coming promotions.
The reasons for the season
This holiday season, Lazada sparks the spirit of Paskong Pinoy, empowering everyone to give gifts from the heart by offering up to 90 percent off LazFlash Deals, fast and free shipping, along with 100 percent Cashback on select items during Lazada’s 12.12 Grand Pamasko Sale.
Lazada has also made gift-giving and receiving more convenient with Lazada Gift Cards for from P50 up to P5,000 on the app.
LazLive+ for Lazada’s 12.12 Grand Pamasko Celebration gives shoppers a chance to bring home up to P100,000 cash through Lazada Cart-o-Cash and be Lazada’s Grand Pamasko Millionaire on December 12 at 1 p.m.
Shoppers get a chance to win P300,000 worth of vouchers weekly up to December 21, with Lazada’s Grand Pamasko Raffle by clicking on the Pamasko Raffle icon on the Lazada app.
Ka-Lazadas can give even more gifts from the heart by enjoying exclusive promos from partner banks.
The speed of true 5G
True to its #TODONaDITO brand messaging, DITO supports its more than 13 million subscribers through its product offerings, including the DITO Flash 5G Home WIfi, a postpaid broadband subscription that delivers up to 500Mbps+ true 5G-fast internet speeds.
For less than P1,000 monthly, subscribers, the DITO Flash 5G Home Wifi plans include a 5G modem/router, bonus data for the first 3 months, and a 3-month HBO GO subscription. In addition, Prepaid packages are also available so DITOzens can experience fast and seamless connection without breaking the bank. For as low as P590 a month, DITOzens can enjoy up to 500Mbps download speed for leisure and work-from-home activities.
German Chamber holds outreach
The German-Philippine Chamber of Commerce and Industry Inc. (GPCCI) in cooperation with the Liga ng mga Barangay (League of Barangays) in Makati City conducted its Christmas-themed community outreach program called “Nikolaustag for a Cause” in Poblacion covered court on December 7.
Over 200 people attended the said program. About 150 families from 26 Barangays of District 1 and 2 of Makati City were selected to be the beneficiaries Noche Buena packs, toys, and books.
The program also featured a carnival-like celebration where story-telling activities, food booths, and party games were conducted for both adults and children to enjoy.
