Cashalo Secures US$75M to Boost Financial Inclusion, Hits 5 Million Loans Milestone

Monday, June 16, 2025


Cashalo celebrates a major milestone with the signing of a US$75 million loan facility from global investment firm Community Investment Management. The partnership aims to expand access to fair and responsible digital lending for underserved communities in the Philippines, supporting Cashalo’s mission to promote financial inclusion and uplift more Filipino lives. (From L-R): Luke Stidham - President of Paloo Financing; Mac Muir - CFO of Empower; Gabby Ayala - General Manager of Paloo Financing)


Cashalo, a leading digital financial services provider in the Philippines, has secured a loan facility of up to US$75 million from global private investment firm Community Investment Management (CIM). The facility will support Cashalo’s rapidly growing business in the Philippines and further its mission to expand access to fair credit to millions of underserved Filipinos.

“This partnership will enable us to accelerate our mission to expand financial inclusion and social mobility throughout the Philippines,” said Luke Stidham, President of Cashalo. “With CIM's backing, we have an incredible opportunity to uplift even more Filipino communities by scaling our impact and ensuring more Filipinos are included in the financial system.”

Bernhard Eikenberg, a Partner at CIM for its emerging markets strategy, added: “We’re proud to support Cashalo’s mission in the Philippines. Their data-driven approach, commitment to transparency, and inclusive strategy reflect the future of responsible digital lending.”

The CIM partnership comes as Cashalo marks its first anniversary as part of Empower Finance, a US-based fintech committed to democratizing access to fair credit. In the past year, Cashalo has significantly expanded its digital lending capabilities, improving customer experiences and increasing opportunities for financial inclusion across the country. To date, Cashalo has granted almost 5 million loans to Filipinos.

As part of this new chapter, Cashalo is introducing a refreshed brand identity that reflects its growth, momentum, and enduring mission. The redesigned logo features bold blue typography to convey stability and trust, complemented by golden-yellow sun rays symbolizing the optimism and resilience of the Filipino spirit.

With the new facility in place, Cashalo will continue to invest in its core digital lending business, expand product offerings, and reach deeper into underserved Filipino communities.

“We look forward to continuing our investments in the Philippines to drive financial inclusion,” said Warren Hogarth, Co-Founder and CEO of Empower Finance. “Cashalo is uniquely positioned to lead the way in delivering scalable, data-driven credit solutions that truly make a difference in people’s lives.”

To learn more, visit cashalo.com and follow us on Facebook, Instagram, and TikTok.
Read More

Cisco and PLDT Enterprise Champion a New Era of Work at Tech Week PH Cebu

Pavel Svatos

Global tech leader Cisco speaks at Tech Week PH Cebu, joins PLDT Enterprise in reimagining the digital landscape of the Philippines.

The future of work is already unfolding, and it’s more connected, secure, and intelligent than ever before. This was the message of Cisco’s APJC Leader, Partner Networking Specialist, Pavel Svatos, during the second leg of Tech Week PH 2025, where PLDT Enterprise gathered business leaders, tech visionaries, and public sector stakeholders to explore how digital innovation can drive inclusive growth across the regions.

Hosted for the first time in Cebu and the greater Visayas region, PLDT Enterprise’s Tech Week PH 2025 underscored the growing importance of regional digital transformation conversations. It also signaled PLDT Enterprise’s continued momentum in bringing global tech leaders closer to local enterprises. Cisco's presence championed PLDT Enterprise’s mission to enable digital transformation in every corner of the country.

Addressing over 1,000 participants from across Visayas, Svatos shared Cisco’s bold vision for powering the workplaces and industries of tomorrow—focusing on the convergence of AI, security, and connectivity. He spoke about how AI is changing everything, citing examples of AI-powered customer chatbots, and use cases across healthcare, logistics, and even data centers on wheels.

He stressed that companies that adapt fast will lead, while the ones that don’t will risk falling behind. The workplace also doesn’t function without a secure, intelligent network that powers seamless connectivity, zero-trust security, and real-time collaboration. As a networking and security leader, that’s what Cisco delivers—and is proud to bring to the Philippines.

Svatos underscored that while work takes place anywhere today – at offices, hospitals, stores, and even moving vehicles, many businesses still struggle with hybrid work gaps, inefficient infrastructure, and rising security risks.

Cisco’s answer is an integrated ecosystem of AI-ready networking, cybersecurity, observability, and collaboration solutions, built to ensure digital resilience and smarter business outcomes.

Together with partners and tech innovators, PLDT Enterprise’s Tech Week PH featured Tech City—an immersive showcase of solutions, including those from Cisco, bringing to life how next-generation technologies can power industries forward.

By bringing global experts like Cisco to Visayas and Mindanao, PLDT Enterprise is actively expanding access to world-class innovation, aligning with its long-standing goal of bridging the digital divide and building a more inclusive, future-ready Philippines.

“At Cisco, our strategy is to securely connect everything to make anything possible. We’re not just connecting people, places, apps, data and things wherever our networks can reach. We’re also protecting all of this against threats, downtime, and risk and providing the underlying digital resilience that is so crucial for businesses today,” said Zaza Soriano-Nicart, Managing Director, Cisco Philippines.

Tech Week PH now moves to its final and biggest chapter in Metro Manila, where it is expected to gather the largest number of participants and deliver its most expansive showcase yet.

To learn more about PLDT Enterprise’s solution, visit https://bit.ly/pldtenterprise-cisco-joins-tech-week-ph-cebu-pr

Tech Week PH 2025 is powered by Cisco, Alibaba Cloud, CSG, Ericsson, Fortinet, Huawei, Avolution, Fibercom Telecom, Canon, Delinea, Dream, Hikvision, Kital Connect, Pronet, Quanta Dance, Soprano, and Trend Micro.
Read More

ChildFund teams up with Manila LGU, DepEd to modernize ICT Hubs, promotes online child safety

Friday, June 13, 2025


ChildFund Philippines, in collaboration with ChildFund Korea, is transforming digital learning environments in public elementary schools in Manila through its Pro-Digital LOOP Project by upgrading information and communication technology (ICT) facilities, providing training workshops to communities on safe digital practices, and supporting the development of national online child protection policies.

Launched in November 2023, the Pro-Digital LOOP Project addresses two critical challenges in the country’s education system: unequal access to technology and increasing online risks to children. Through partnerships with the Department of Education (DepEd) and GEMS Heart Outreach Development Inc., the project is establishing inclusive and tech-enabled classrooms that promote safe, effective, and equitable learning experiences for all.

Marlene Floresca, Senior Education Specialist of ChildFund Philippines, emphasized that multi-sectoral partnerships allowed them to yield holistic impact of the initiative: “The project has transformed schools and homes by equipping them to better support children’s digital learning. Our approach not only provides technology but also strengthens safe digital literacy, ensuring that children can thrive academically and protect themselves online.”

This shift is already evident in the classrooms. “Many of our students now come to school excited to learn because they can explore digital tools safely and creatively,” said Eremeo Monte, ICT Coordinator at Fernando Ma. Guerrero Elementary School in Manila. “We’ve seen how ICT hubs can spark curiosity and help students learn better across subjects—from reading to science.”

Since its launch, the Pro-Digital LOOP Project has enhanced digital learning in 10 Manila public elementary schools by providing 200 laptops, smart TVs, printers, air conditioners, and refurbished ICT hubs with high-speed internet. In addition, 200 licensed Microsoft applications were distributed, and 346 teachers—including subject specialists in math, reading, and science—along with ICT coordinators, principals, and education staff, were trained in using multimedia digital resources appropriate for their elementary students.

The project also engaged parents and caregivers, with more than 2,000 oriented on the goals of Pro-Digital LOOP and the importance of safe digital learning at home. Over 6,000 students and nearly 400 teachers actively used the ICT hubs during the last quarter of 2024, enhancing digital skills and academic performance.

Minjin Kim, Country Program Manager of ChildFund Korea, shared, “Teachers have become more confident using digital tools to deliver lessons effectively, and students are more engaged and better able to understand their lessons because of the interactive nature of digital learning.” She added that the establishment of ICT hubs provides access to richer academic resources, enhancing teaching and learning experiences.


According to Camille Villareal, ICT Coordinator of Bagong Barangay Elementary School, “The new equipment and digital resources have truly changed how we teach and engage with our students. They’re now more interactive and eager, especially in subjects like math and science, where multimedia tools make lessons clearer and more exciting.” Likewise, Carmela Conmigo, ICT Coordinator at Beata Elementary School, expressed, “The training we received helped us integrate technology effectively, and the community’s involvement has been key to ensuring students learn and stay safe online.”

Building on these improvements in teaching and engagement, Carol Salba, Principal at Bagong Barangay Elementary School, highlighted the broader impact on students: “The gadgets and instructional materials provided through the project have been a great opportunity for our students. They are more motivated to learn, which translated into increased participation and a lower dropout rate this year. We hope this program continues so that even more students can benefit from it.”

Beyond schools, the project has contributed to strengthening policies on safe digital literacy and learning environments. Collaborative meetings with tech companies like Meta and TikTok paved the way for upcoming advocacy meetings and policy dialogues involving children. Likewise, engagements with the DepEd’s Learner Rights and Protection Bureau are set to include online safety in the revised DepEd Child Protection Policy, supported by training initiatives and policy digitalization efforts.

Parents have also noticed the impact. “One PTA (parent-teacher association) member recognized the efforts to raise digital literacy and ensure online safety for children,” Kim noted. Parents expressed appreciation for the project’s role in addressing challenges related to excessive phone and game use.

By bridging the digital divide and reinforcing child protection online, ChildFund envisions a future where every Filipino child has access to safe, technology-enhanced learning that empowers them to succeed in an increasingly connected world.

 

Read More

Bigo Live Philippines Champions Authenticity and Diversity with BIGO PRIDE 2025


Partnering with LOV3LABAN and spotlighting Filipino LGBTQIA+ creators throughout Pride Month

Bigo Live, the leading global livestreaming platform, proudly debuts BIGO PRIDE 2025, a month-long celebration honoring the vibrant and diverse LGBTQIA+ community in the Philippines. This year, BIGO PRIDE 2025 features a dynamic mix of in-app activities, offline activations, and billboard campaigns that amplify the voices of LGBTQIA+ community and encourage individuals to embrace their identities authentically.

As part of its Pride Month initiatives, Bigo Live is a proud partner of LOV3LABAN 2025, a Pride march and festival taking place on 28 June 2025. Through this partnership, Bigo Live will sponsor the event, host an on-site interactive booth, and highlight the platform as a safe and empowering space for self-expression. This collaboration underscores Bigo Live's ongoing commitment to uplifting LGBTQIA+ community and driving positive impact both online and offline.

To complement the festivities, Bigo Live launched a series of creator-led podcast-style videos, featuring LGBTQIA+ streamers who share personal stories of resilience, creativity, and community. These heartfelt videos spotlight how Bigo Live has helped amplify their voices and foster a supportive community for minorities, culminating in the highly anticipated Bigo Drag Show, a celebration of bold talent and artistic expression happening on 27 June 2025.

“BIGO PRIDE 2025 is more than just a Pride event; it is a reflection of our core values at Bigo Live,” said a Bigo Live Philippines spokesperson. “We are deeply committed to fostering a truly inclusive and supportive global community where every voice is not only heard, but celebrated.

Our LGBTQIA+ creators bring incredible talent, creativity, and positive impact to our platform. Our collaboration with LOV3LABAN 2025 allows us to further uplift and empower this community, ensuring they feel valued and supported. We believe that by embracing diversity in all its forms, we help build a more inclusive and accepting world, both digitally and in real life.”

Bigo Live Fosters an Inclusive LGBTQIA+ Community

For over nine years, Bigo Live has celebrated Pride with engaging livestreams and in-person events that spotlight the talents and stories of LGBTQIA+ creators-particularly from the Filipino community. These initiatives reinforce Bigo Live’s role as a platform where authenticity thrives and where creators can express themselves freely and meaningfully.

Bigo Live remains dedicated to reinforcing its role as a platform that connects users through meaningful, interactive events and promoting a sense of belonging. The platform empowers creators to reach audiences worldwide and drive positive change through creator-centric tools, real-time engagement, and global visibility.

To find out more about Bigo Live, please visit our website.
Read More

inDrive Celebrates Independence Day with “Drive to Freedom” Campaign Honoring Partner Drivers


In celebration of Philippine Independence Day, global ride-hailing app inDrive proudly launched its 'Drive to Freedom' campaign, a heartfelt tribute to the country’s hardworking ride-hailing drivers and their right to choose their own trips, time, and way of life.

As part of the campaign, inDrive distributed 500 Philippine flags to partner drivers across Metro Manila, Cebu, and Bacolod from June 9 to 11, bringing the spirit of independence directly to local Tambayan driver hubs. These flags are a symbol of pride and unity were warmly received, with many drivers proudly displaying them on their vehicles.

“Ang kampanyang ito ay hindi lang pagdiriwang ng kalayaan, isa rin itong pagkilala sa ating mga partner drivers na araw-araw lumalaban para sa kanilang pamilya at kinabukasan. Sa inDrive, may kalayaan silang pumili ng biyahe, oras, at kita. Saludo kami sa inyong sipag at dedikasyon,” said Vanessa Taqueban, Country Driver Operations Team Leader, inDrive Philippines.

The flag distribution kicked off a series of activations under the Drive to Freedom campaign, including:

In-App Thank You Message & Bonus Challenge: On June 12, drivers received a heartfelt Independence Day greeting in-app:

“Saludo kami sa iyong sipag at pagiging bahagi ng malayang paglalakbay ng bawat Pilipino.”

Drivers were also invited to join a two-week bonus challenge rewarding the most active participants with prizes including mobile phones, grocery vouchers, and limited-edition Independence Day merch.

“Kwento ng Kalayaan” Video Series: Drivers were encouraged to post their personal inDrive stories on social media using #DriveToFreedomPH, highlighting how the platform has helped them gain more freedom and flexibility in their lives. Selected stories will be awarded exclusive prizes.

“Driver to Freedom – Appreciation Day”: To cap off the celebration, inDrive will host a special appreciation day at its office after June 24, honoring top-performing and most inspiring drivers with recognition and rewards.

Through these efforts, inDrive aims to strengthen its emotional bond with drivers, reinforce its commitment to empowerment and independence, and celebrate the true heroes behind every trip.

This Independence Day, inDrive salutes every Filipino driver for being champions of freedom on the road and in life.
Read More

The Manila Hotel Shines Bright with Trip.com’s Rising Star Award at Envision 2025 Global Partner Conference

Envision 2025 Global Partner Conference

The Manila Hotel proudly adds another accolade to its legacy of excellence, having received the Rising Star Award from Trip.com at the recently concluded Envision 2025 Global Partner Conference held in Shanghai, China. The prestigious event brought together hospitality and tourism leaders from around the world, honoring outstanding performance and forward-thinking partnerships in the global travel industry.

Bestowed upon properties that demonstrate exceptional growth, guest satisfaction, and service excellence, the Rising Star Award shines a spotlight on The Manila Hotel’s growing visibility on the Trip.com platform and its sustained efforts to elevate the guest experience. The recognition marks a significant milestone in the hotel’s dedication to blending heritage with modern hospitality.

“We are honored and humbled to receive the Rising Star Award from Trip.com,” said Marvin Kim Tan, vice president for sales and marketing of The Manila Hotel. “This recognition reflects the dedication of our entire team, whose passion and commitment continue to define the soul of the country’s first premier hotel. Our partnership with Trip.com has allowed us to share The Manila Hotel’s historic charm with a broader international audience. As we look ahead, we remain steadfast in our purpose to create memorable experiences, raise the bar in delivering quality service, and uphold the standards that have earned us this distinction.”

As it celebrates this milestone, The Manila Hotel continues to honor its rich history while embracing innovation, remaining a symbol of world-class Filipino hospitality for generations to come.
Read More

Mega Prime Foods Celebrates 50 Years of Nourishing Filipino Families

Thursday, June 12, 2025


Staying true to its commitment to providing fresh offerings for generations to come

Mega Prime Foods, Inc. (MPFI) marked 50 years of nurturing purpose, uplifting lives and trusting God by honoring their employees, partners and friends at a grand gala night. The occasion underscored the journey of Mega Prime Foods, which began as a small fishing company in Bicol in 1975 to becoming the maker of the country’s #1 sardines brand Mega Sardines.

“What we had was a big dream, a vision: to provide quality food to Filipino homes. Eventually, we moved to Zamboanga, where we supplied fish to Manila canneries. Slowly but surely, with faith and hard work, we grew. Hindi naging madali—but with God’s grace and the dedication of many, we endured,” recounted William Tiu Lim, Mega Prime Foods Founder and Chairman. “Mega has come a long way, but our core remains the same. We are still rooted in the values that shaped us: being God-centered, showing malasakit, thinking innovatively, serving our customers well, and acting with integrity. And now, I feel proud seeing the next generation lead—bringing bold ideas while keeping our values alive.”


Speaking on "The Heart of the Catch: 50 Mega Lessons on Business, Life and Faith”, a memoir on the journey of Mega Prime Foods, Mr. Tiu Lim said that “this book captures the most meaningful lessons we've learned in the last 50 years, drawn from real experiences, real people, and real challenges. I hope this book becomes not just a record of where we've been, but an inspiration for where others can go—with faith, grit, and heart.”

From Challenger to Champion

When Mega Sardines first entered the market, it faced stiff competition from 26 established brands. Today, it’s hard to imagine a canned goods section in the Philippines without Mega Sardines. The brand captured a 26% market share in 2023, ahead of its closest competitors with 18% and 15% shares, respectively.

Michelle Tiu Lim-Chan

“I walked into this company 26 years ago, when our sardines line was still a bold idea. We were up against giants in a crowded, commoditized market. But we didn’t give up. We pushed forward — with conviction, with purpose, and with unshakable faith," stated Michelle Tiu Lim-Chan, MPFI President and CEO. “Fifteen years later, we became the number one sardines brand in the Philippines. Not because we had the biggest resources but because we had the biggest heart — the heart of our fishermen, our employees, our suppliers, our banking partners, our distributors and our retail network. That’s what built Mega.”

Over the years, MPFI has expanded its portfolio to include over 200 SKUs. This includes well-loved staples Mega Mackerel, Mega Tuna, Mama Tuna, Mega Squid, Mega Prime Quality fruits and vegetables, Primo Sparkling Juice, and Jimm’s Coffee Mix.

Marvin Tiu Lim

“This year, we’re setting our sights higher—with a bold yet attainable goal of capturing an additional five to ten percentage points in canned sardines market share, bringing us to at least 30% by the end of 2025,” said Marvin Tiu Lim, MPFI Chief Growth and Development Officer.

The company is eyeing international growth as well, noting that the Department of Trade and Industry has identified the Middle East and North Africa food market to nearly double from USD 92.48 billion in 2024 to USD 189.87 billion by 2032

Speaking at the gala celebration, Trade Secretary Ma. Cristina Roque underscored the critical role of the trade and manufacturing sectors—industries in which Mega Prime Foods Inc. plays a significant part. “[The Philippines] outdid [its foreign trade and international investment] the year before by 32%. [And] this one is really [very] important to President Ferdinand R. Marcos Jr. to help Filipinos stay here in the country and not be away from their families,” she noted, highlighting the broader national impact of continued industry growth. Expressing strong support for Mega Prime Foods Inc., she added, “On behalf of the Department of Trade and Industry, I send my warmest congratulations to Mega Prime Foods Inc. As Mega expands its reach to the Middle East, the United States, and Europe, we assure you that the government's continued support will always be there.”

People and Purpose

The celebration also honored the “Ka-Mega” community: from the fishermen who catch the freshest fish to the factory workers, office staff, and sales teams who bring products to life and reach every community. Mega Prime Foods currently employs over 5,000 individuals across its operations. 

Sonar Boat Captain Aladino Pandes reflects on his 27 years with Mega as a fulfilling journey: “Not just for me but for everyone—here, we’re more than co-workers, we’re family.”

Fellow Captain Edsel Baldomero shares the same sentiment. “I started as a crewman, what we used to call a Murami. Captain Pandes mentored me until I became a captain myself,” he said, adding that Mega provided him with a stable livelihood and the means to secure his family’s future. “With Mega’s support, I never felt alone. I was able to send my child to college, and our families know they can always count on the company.”

Roan Cardenas, now a Fish Preservation and Distribution Supervisor, takes pride in her growth at Mega. “I started 13 years ago as a factory filler. Today, I make sure the fish delivered to canning are of top quality—thanks to a company that believes in developing its people.”

More than just a food company, Mega Prime Foods has remained steadfast in its commitment to nation-building through impactful, sustained community programs.

“It was never just about effort. Everything we have—our business, our people, our progress—has always been by His grace. We have been blessed, and because of that, we are called to be a blessing. That’s the heart behind the Mega Tiu Lim Foundation: a belief that every Filipino deserves access to nutrition and livelihood, so they can build better lives," highlighted Mark Tiu Lim, MPFI Chief Spiritual and People Officer.

Since 2019, Mega Bigay Sustansya, in partnership with Reach Out Feed PH, DOST-FNRI, DSWD, and DepEd, has served nearly 500,000 nutritious meals to over 1,000 children, resulting in measurable improvements in child health and nutrition.

Through the Mega Malasakit Mission, Mega Prime Foods brings its advocacy to grassroots communities—visiting barangays across the country to deliver nutrition, education, and joy. These on-ground efforts showcase the versatility and nourishment of its products while building lasting connections with families.

“Our commitment to sustainability is embedded in our operations. From adopting renewable energy and reducing operational waste, to launching the Mega Ocean Cleanup, we continue to act as responsible stewards of the environment, honoring our role in protecting God’s creation,” added Malcolm Tiu Lim, MPFI Chief Technical and Innovations Officer.

In addition, art centerpieces showcased at the gala are available for purchase, with proceeds directly supporting the Mega Ocean Clean-Up, an initiative that involves sweeping the sea surface for garbage by attaching nets to the company’s fishing vessels and bringing the collected waste back to land.

Mega Milyonaryo Promo Launched

Mega Milyonaryo, a special anniversary promo from MPFI that gives back to loyal customers, was also launched at the event. With a total prize pool of ₱50 million, the company says it’s their way of thanking the millions of Filipinos who have supported their brands over the years.

Sharon Cuneta

Bringing more excitement to the Mega Milyonaryo promo was the Megastar herself, Sharon Cuneta. The well-loved icon is now the celebrity endorser of Mega Milyonaryo and Mega Sardines. She also lent her voice to “Pangako ng Mega,” the featured song in the company’s anniversary video, which was inspired by her iconic hit, Kahit Maputi na ang Buhok Ko. Coco Martin, star of Ang Probinsyano and Batang Quiapo, was also announced the face of Jimm’s Coffee Mix.

Together, Sharon and Coco form a powerhouse duo that brings heart, heritage, and star power to every Filipino table.

50 Mega Years is more than just a milestone. It’s a heartfelt celebration of Mega Prime Foods Inc.’s journey, built on the trust and loyalty of Filipino families and communities. This anniversary is not only a reflection of the company’s achievements over the past five decades, but also a way of giving back—sharing the success with those who made it possible. With deep gratitude, Mega renews its commitment to providing fresh, high-quality products to every table, staying true to its promise of service, care, and excellence for generations to come.
Read More
...