Showing posts with label davao doctors college. Show all posts
Showing posts with label davao doctors college. Show all posts

Sunday, September 1, 2013

Pag-IBIG Fund members urged to voluntarily increase contributions

Pag-IBIG Fund president and CEO Darlene Marie Berberabe is encouraging Fund members to voluntarily increase their contributions as a way to build financial freedom.

“But we are urging our members to voluntarily increase their monthly savings considering that after 20 years they will be able to triple their money,” she said. A third of the contribution comes from the members themselves, another third from the employers and then from the dividends.

Pag-IBIG has paid a total of P9.3 Billion total dividends to its members last year and she said, these dividends are tax-free compared to banks which impose a 20% withholding tax.

Berberabe said they are constantly looking for innovative ways to be more relevant to their members without increasing their contributions. Our marching orders from the vice president were to improve the benefits for members without increasing the monthly cost, she said.

To do that, she said, they increased their membership base from 8 million to 12.7 million. Pag-IBIG has doubled the maximum loan amount to P3.6 million while reducing the calamity interest rates from 10.5% to 5.95% with monthly contribution still at P100.

The Home Development Mutual Fund, more popularly known as Pag-IBIG Fund is set to link up with at least 19 business partners per region every quarter in up to 32 key cities in the country to make the Fund more relevant to the daily lives of its members.

“How do we make Pag-IBIG Fund more relevant to those who are saving but are not yet ready to borrow money for housing” was one of their concerns according to Pag-IBIG Fund president and CEO Darlene Marie Berberabe Wednesday.

Berberabe, who was in the city Wednesday for the signing of the memorandum of agreement with its partners, said the Fund now has 12 million members with up to 60,000 members borrowing every year. But what about the rest, she said.

She said the Pag-IBIG Privilege Cardholders Program, which will be officially launched and piloted in the cities of Cebu, Davao and Baguio, was conceptualized to make the Fund more relevant to members.

Among the first partners of Pag-IBIG’s new program in Davao are New City Commercial Corporation, Davao Doctors College and Penong’s Franchise Corporation. These companies have offered different discounts levels to cardholders every time they purchase or make payments at the stores.

Pag-IBIG is still looking for partners and is yet to bid for the services of a company which will produce the Privilege Cards which will be made available to members for a minimal fee. Once issued hopefully before the year ends, users of the Privilege Card in various cities in the country can avail of the discounts provided by the partner companies.

“We are focusing on companies relating to health, education, groceries, schools and restaurants,” she said.

Ms. Berberabe said the target is to issue around 200,000 Pag-IBIG Privilege Cards once the program is official launched next year. She said they now have 32 partners in the pilot areas but are still looking for partners nationwide.

“I am sure we will get more partners because with Pag-IBIG’s 12 million members and the opportunity to get their stores marketed to these members, it is a good marketing strategy for these businesses,” she said.

Ace O. Cayonda, Penong’s Marketing head, said their restaurants cater to the lower A to C markets and since most of Pag-IBIG members are regular wage earners, they see the linkage as a good opportunity to promote their brand.

Thursday, August 29, 2013

Pag-IBIG Fund link up with businesses to become more relevant

The Home Development Mutual Fund, more popularly known as Pag-IBIG Fun is set to link up with at least 19 business partners per region every quarter in up to 32 key cities in the country to make the Fund more relevant to the daily lives of its members.

“How do we make Pag-IBIG Fund more relevant to those who are saving but are not yet ready to borrow money for housing” was one of their concerns according to Pag-IBIG Fund president and CEO Darlene Marie Berberabe Wednesday.

Ms. Berberabe, who was in the city Wednesday for the signing of the memorandum of agreement with its partners, said the Fund now has 12 million members with up to 60,000 members borrowing every year. But what about the rest, she said.

She said the Pag-IBIG Privilege Cardholders Program, which will be officially launched and piloted in the cities of Cebu, Davao and Baguio, was conceptualized to make the Fund more relevant to members.

Among the first partners of Pag-IBIG’s new program in Davao are New City Commercial Corporation, Davao Doctors College and Penong’s Franchise Corporation. These companies have offered different discounts levels to cardholders every time they purchase or make payments at the stores.

NCCC offers a 5% discount for every P1,000 worth of purchase from their hardware and 5% discount for premium cakes bought at their Bakery during the cardholder’s birthday month. DDS has agreed to provide up to 15% discount on tuition fees of cardholders and their beneficiaries up to third degree of consanguinity or affinity upon full payment of the fees. Penong’s offer discounts and freebies for every P500 worth of transactions.

Pag-IBIG is still looking a partner and is yet to bid for the services of a company which will produce the Privilege Cards which will be made available to members for a minimal fee. Once issued hopefully before the year ends, users of the Privilege Card in various cities in the country can avail of the discounts provided by the partner companies.

“We are focusing on companies relating to health, education, groceries, schools and restaurants,” she said.

Ms. Berberabe said the target is to issue around 200,000 Pag-IBIG Privilege Cards once the program is official launched next year. She said they now have 32 partners in the pilot areas but are still looking for partners nationwide.

“I am sure we will get more partners because with Pag-IBIG’s 12 million members and the opportunity to get their stores marketed to these members, it is a good marketing strategy for these businesses,” she said.

Ace O. Cayonda, Penong’s Marketing head, said their restaurants cater to the lower A to C markets and since most of Pag-IBIG members are regular wage earners, they see the linkage as a good opportunity to promote their brand.

Ms. Berberabe said they are constantly looking for innovative ways to be more relevant to their members without increasing their contributions. Our marching orders from the vice president were to improve the benefits for members without increasing the monthly cost, she said.

To do that, she said, they increased their membership base from 8 million to 12.7 million. Pag-IBIG has doubled the maximum loan amount to P3.6 million while reducing the calamity interest rates from 10.5% to 5.95%, with the monthly contribution still at P100.

“But we are urging our members to voluntarily increase their monthly savings considering that after 20 years they will be able to triple their money,” she said. Pag-IBIG has paid a total of P9.3 Billion total dividends to its members last year and she said, these dividends are tax-free compared to the bank which imposes a 20% withholding tax.

Friday, October 17, 2008

Davao Doctors Hospital, College In The Midst Of Corporate Bickering



Could the operation of Davao City's premier hospital be disrupted by the ongoing rift between two groups of stockholders? The same question goes for the operation of Davao Doctors College, both of which are being managed by the same corporation?

A media war is going on between the former DDH President Dr. Herminio Villano of Metro Pacific Investments Corporation (MPIC) which is a group identified with new investor Manny Pangilinan and present DDH president Dr. Dominador Cabrera. You would think such corporate take over and controversy can only happen in the books of John Grisham but it is happening right here in Davao City, and will take place on November 8, 2008 during the board's annual stockholders meeting.

Cabrera said the DDH stockholders are not so keen to Villano's bid for the presidency of DDH because "he sold out!". Villano, along with three other shareholders of DDH, consolidated and sold their shares to Pangilinan's MPIC last June but reports indicate that Villano has retained at least 300 shares.

Villano however denied he is eyeing a comeback for the presidency of the DDH and said "It's true that I am running but only for a seat in the board" and only to ensure that no obstructions are faced by the MPIC in the implementation of the financial policies geared towards saving the hospital.

He said the company behind the hospital and the Davao Doctors College has not been managed accordingly. He clarified that it is the company and not the hospital that has been mismanaged. However, he admitted that the College was being run badly and has experienced a drop in the number of enrolleess from 6,500 during his time to the present 3,600.

MPIC is seeking a majority status in the board considering that it will invest P250 million in the hospital from 2008 to 2009.

Cabrera debunked the allegations saying the college may have a low enrollment rate this year but it is still contributing a sizable revenue to the company. He said the reason for the low enrollment is the raising of the entrance exam standards of the school unlike before when even a student with a score of 38 was allowed admission.

Saturday, February 23, 2008

Davao City has 5 Nursing Board Topnotchers; 2 Davao Lady Reporters Passes Board

Davao City has proven one again that it is not only an investment haven but also an educational haven as well. This after five students from various schools in the city made it to the Top 5 of the December 2007 Nursing Board Exam.

Two Davao City lady reporters, Ethel Cantor Constantino (of the National Broadcasting Network) and Girlie Balaba (formerly of ABS CBN) are now full-fledged nurses after passing the Board.

Among the five topnotchers are:
3 Joanna Kaye Binoya Remolar San Pedro College-Davao City 86.80
4 Neil Niño Sugitarios Navarra San Pedro College-Davao City 86.40
6 Richard Baguio Saavedra Ateneo De Davao University 86.00
9 Ayn Portia De Luna Galamgam San Pedro College-Davao City 85.40
9 Mary Lenin Pepito Talisic San Pedro College-Davao City 85.40

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