Linggo, Hunyo 23, 2024

Malapitans of Caloocan spend millions for lavish birthday party



Former Caloocan City Mayor Rey Malonzo accused First District Rep. Oca Malapitan of spending millions for the lavish celebration of his 70th birthday in a posh hotel in ParaƱaque City recently. 

“According to reliable sources, millions of pesos were spent  by the Malapitans in Oca's birthday celebration last June 14. For the venue and the food only, they spent P3 million. This exclude payments for the emcee and the high profile entertainers  like Zsa Zsa Padilla, Rey Valera, Paolo Santos and many more. Spending too much in a birthday party is not an issue if you're a private individual, but Oca is a congressman, while his son Along is the mayor of Caloocan wherein many of their constituents are poor. Are they such insensitive enough for the plight of the poor residents, apart from  it's also a violation of the ethical standards for public officials." ~Malonzo

According to Malanzo, based on their initial research, the Malapitans has no significant business venture to support a lavish lifestyle, relying primarily on their roles as public servants. This disparity between their public income and private expenditures has fueled further speculations and concerns among their constituents. 

The birthday celebration, held last June 14, was attended by around 1,000 guests, including barangay and city officials, priests, celebrities, businessmen, and top government officials.

It can be recalled that Oca Malapitan was accused of misusing his Priority Development Assistance Fund (PDAF) worth P8 million. Two years later, in 2015, the Office of the Ombudsman filed a criminal complaint for graft and corruption against Malapitan and six officials of the Department of Social Welfare and Development (DSWD) for approving the use of his PDAF for the programs of the Kalookan Assistance Council, Inc.

In 2016, he faced a plunder and graft complaints over allegedly overpriced birthday gift packages for senior citizens, involving some P49 million.

In 2021, another graft complaint was filed against him and the DepEd executives over the purchase of P320 million worth of alleged substandard smart tables for public school students. The complainants alleged that the acquisition was made without a public bidding, raising questions about the integrity of the procurement.

Lunes, Hunyo 10, 2024

UnionBank Maintains Strong Position Among PH's Strongest and Most Valued Brands

“The growth in value of the most valuable Philippine brands echoes the positive sentiments of their nation’s economic outlook. Brands in the banking and real estate sectors benefited from strong post-pandemic economic rebound, improving financial literacy as well as continued urbanization and gentrification.” ~Brand Finance in their Report


In the Brand Directory 2024 report recently released by Brand Finance, UnionBank retained its position as part of the Top 10 Most Valuable and Strongest brands in the PHILIPPINES. This is UnionBank’s second consecutive year in this esteemed list since entering it in 2023. 

Brand Finance, a leading independent brand valuation and strategy consultancy firm based in London, released the study that gauges Brand Value and Brand Strength. The report cites that UnionBank’s brand grew in value by 22% from $557M in 2023 to $679M in 2024.

UnionBank is locally and internationally recognized and awarded as one of the best digitally transformed banks that has changed the way consumers view and do banking.  As early as 2016, UnionBank bet on the digital future of banking, even before it was fashionable, and has not looked back since.  The underlying motivation for UnionBank’s digital transformation was to provide consumers with a better banking experience, where customers would actually look forward to transacting with their bank rather than seeing it as a dreaded chore.

Making it again to this year’s Brand Finance ranking affirms that investing on the customer and placing them at the core of product and technological innovations pays off.

“We are delighted to see that our efforts to provide our customers with advanced, innovative and user-centric banking services have once again placed us among the Philippines’ best brands.  With now serving over 14 million retail customers, we are motivated more than ever to ensure we never stop looking for ways to deliver a better banking experience tailored to our customers’ ever-evolving lifestyle in this digital world.” ~Albert Cuadrante, UnionBank Chief Marketing Officer

For more information, visit the UnionBank website at www.unionbankph.com, or follow for updates on Facebook, X (formerly Twitter), Instagram, or Youtube.

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