SM Investments Corporation cited as the Region’s Best Borrower in the Philippines based on research poll by Hong Kong magazine Finance Asia
Pasay City, Philippines, 2014-11-3— /EPR Retail News/ — SM Investments Corporation (SM) was cited as the Region’s Best Borrower in the Philippines based on a research poll by Hong Kong magazine Finance Asia.
The award was presented during the 2014 FinanceAsia Fixed Income Poll Awards dinner on October 29 in Singapore.
“We are pleased to accept this award which affirms SM’s initiatives towards promoting vibrancy in the capital markets. We are grateful to our investors for their confidence and support,” Jose T. Sio, Chief Finance Officer of SM said.
Last June, SM issued a USD350 million 10-year senior unsecured bond at a fixed rate of 4.875% per annum, a landmark transaction marking the longest-dated USD bond issued by SM and the company’s fourth USD bond issuance since 2009.
SM also raised PHP15 billion in May 2014 from a public offer of peso-denominated retail bonds with maturity of seven and ten years. The SM bonds are rated PRS Aaa by Philippine Rating Services Corporation, the highest rating assigned by the credit rating firm.
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About SM Investments Corporation
SM Investments Corporation (SM) is one of the leading conglomerates in the Philippines with highly synergistic businesses in retail, banking and property development. SM has evolved into one of the highly respected companies in the country owing to its progressive approach in business and its comprehensive sustainability programs for its host communities through SM Foundation and SM Cares.
SM’s retail operations enjoy a strong brand franchise consisting of The SM Store and its food retail chains namely SM Supermarket, SM Hypermarket, Savemore and WalterMart stores. SM’s property arm, SM Prime Holdings, Inc. is among the largest integrated property developers in Southeast Asia with interests in mall, residential, commercial and tourism development. SM’s interests in banking are in BDO Unibank, Inc. (BDO), the country’s largest and in China Banking Corporation (China Bank), the fifth largest. Combined, these two banks have a network of over 1,000 branches nationwide.
All told, in just 56 years, SM has become one of the largest market capitalized companies listed on the Philippine Stock Exchange, a testament to its ability to deliver steady high earnings and asset growth, sound financial management that creates value for all its stakeholders.
For further information, please contact:
Ms. Corazon P. Guidote
Senior Vice President for Investor Relations SM Investments Corporation
Tel. No. 857-0117
Retail marketing solutions company Firebolt Group recognized for its sustainability efforts
LONDON, 5-Jan-2021 — /EPR RETAIL NEWS/ — Firebolt Group, an innovative software, and hardware marketing solutions company for leading global brands, earned the prestigious Platinum EcoVadis Medal. The platinum medal is the highest distinction awarded by EcoVadis, an independent platform that assesses companies’ social and environmental performance. This recognition places the Firebolt Group among the top 1 percent of companies assessed by EcoVadis.
“We are thrilled to earn this distinction and to be recognized alongside an elite group of companies. Innovation is in our DNA, and our continued focus on integrating sustainability into everything we do has had a tremendous impact. I am proud of our team’s efforts to help ensure a better tomorrow,” said Philip Ochtman, CEO.
Philip was recently a guest speaker at the Sustainability Forum 2020 where he was invited to share Firebolt’s story. Firebolt’s efforts on sustainability started many years ago with their introduction of energy-efficient and environmentally-friendly LED signs, an alternative that uses 85% less power than traditional neon or fluorescent tube lighting. Additionally, Firebolt works to ensure that products can be easily dismantled and recycled at the end of the product’s life. The company also redesigned its packaging materials reducing the use of plastic drastically and having the rest recyclable. Firebolt will continue to reduce its carbon footprint with the goal of being carbon neutral by the year 2030.
Along with the EcoVadis Platinum medal, Firebolt was recently recognized as one of the Top 50 POS companies by Creative Magazine. Firebolt continues to reinvent itself. When the pandemic hit, Firebolt pivoted to manufacture PPE and ventilator parts for the GE program, and recently retooled its successful live event platform to be an online virtual event platform.
CVS Health recognized with 2018 PBMI Excellence Award for Care Management Strategies
WOONSOCKET, R.I., 2018-Mar-09 — /EPR Retail News/ — CVS Health (NYSE: CVS) announced today (March 7, 2018) that the Pharmacy Benefit Management Institute (PBMI) awarded the company the 2018 PBMI Excellence Award for Care Management Strategies. The award recognizes the ScriptPath Prescription Schedule, which was developed by CVS Health to help provide a consolidated view of a patient’s current CVS Pharmacy prescriptions with an easy-to-understand schedule showing how and when to take each medication.
“We are pleased to be recognized with this award for our industry-leading work to bring the ScriptPath Prescription Schedule to patients as we help them on their path to better health,” said Troyen A. Brennan, MD Chief Medical Officer, CVS Health. “For CVS Health, this award validates our efforts to develop innovative programs that improve patient engagement and medication adherence, better manage chronic diseases like diabetes and help clients keep their health care costs down.”
The average American adult fills nine prescriptions annually, with people older than 65 filling an average of 20 prescriptions a year. Unfortunately, approximately half of patients report being confused about how and when to take their medications, contributing to the 50 percent of patients with chronic conditions who stop taking their medications within the first year of diagnosis. Further, studies show a 5.7 percent to 6.8 percent decrease in adherence for each dose added to a medication regimen. For patients who are not optimally adherent to prescribed therapies, hospital readmission rates increase by as much as 69 percent, which can result in annual U.S. health care costs between $100 to $300 billion.
The ScriptPath Prescription Schedule offers patients with chronic conditions and complex regimens a personalized prescription schedule with easy-to-understand icons explaining which medication to take, when it should be taken and how much should be taken in each dose. It is designed to improve patient understanding and safety and help simplify how patients take their medications. The schedule is generated by our proprietary Clinical Engine, a robust scientific system created by CVS Pharmacy, which automatically reviews all of a patient’s current CVS Pharmacy prescription information and prescribers’ instructions. Using clinical data, the Clinical Engine slots a patient’s medications into up to four dosing times per day morning, midday, evening and bedtime and recommends dosing times for each medication based on the most effective times of day for the medications to be taken. Deborah Adler, a designer known for her past work on Target’s ClearRx prescription packaging system and the inventor and lead designer of the new ScriptPath system, worked with the CVS Health team to develop the easy-to-understand icons and an intuitive layout for each of the ScriptPath offerings.
In addition to the Prescription Schedule, CVS Pharmacy is in the process of rolling out the ScriptPath Prescription Label and Prescription Overview to all stores nationwide this spring. This will extend the use of the easy-to-understand design of the Prescription Schedule to the label on the prescription bottle as well as the prescription bag tag.
About CVS Health
CVS Health is a pharmacy innovation company helping people on their path to better health. Through its more than 9,800 retail locations, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with more than 94 million plan members, a dedicated senior pharmacy care business serving more than one million patients per year, expanding specialty pharmacy services, and a leading stand-alone Medicare Part D prescription drug plan, the Company enables people, businesses and communities to manage health in more affordable and effective ways. This unique integrated model increases access to quality care, delivers better health outcomes and lowers overall health care costs. Find more information about how CVS Health is shaping the future of health at https://www.cvshealth.com.
SOURCE: CVS Health
Intershop client Alko named Digital Leader of Nordics brands in e-commerce
- Finnish food retail sector still in beginner phase of digital maturity
- Alko exceeds expectations with precise digital product information
- Top positions in Finnish food retail, e-commerce and Nordics e-commerce
Jena, Helsinki, 2018-Mar-08 — /EPR Retail News/ — Finnish state owned monopoly for retailing alcoholic drinks, Alko, was announced Digital Leader of Nordics brands in e-commerce. Additionally, the Intershop-based web shop was granted more top positions for the industry sectors “food retail” and “e-commerce” in Finland.
In comparison to other Finnish brands, Alko’s web shop offers dedicated product information, relevant pictures and adjoining data to the catalogs in the most appealing way. Basic but crisp e-commerce functionality resulted in superior customer satisfaction. A wish list, a detailed shopping basket, a real-time chat service and feedback form have proved to be beneficial to sell alcoholic products in a challenging environment of government regulations.
The shop was already awarded “IT project of the Year 2017” for its omnichannel initiative. Paula Kujansivu, Vice President, Online and Supply Chain at Alko Oy: “We see our customers appreciating our offering well in our daily business and we will improve the online shopping experience based on our customers’ feedback. Getting it acknowledged also by standards of sophisticated scale is additionally motivating for us in terms of exceeding those expectations.”
Axel Köhler, COO at Intershop, adds: “A state-of-the-art technology, combined with skilled implementation talents, resulted in a successful e-commerce business. Intershop´s software is built to deliver exactly this.”
Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is the leading independent provider of omni-channel commerce solutions. Intershop offers high-performance packaged software for internet sales, complemented by all necessary services. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing up to fulfillment. Around the globe more than 300 enterprise customers, including HP, BMW, Würth, and Deutsche Telekom run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, Australia, and China. More information about Intershop can be found online at www.intershop.com.
This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop’s limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions.
Intershop Public Relations
Head of Corporate Communication
Phone: +49 3641 50-1000
Fax: +49 3641 50-1309
Source: Intershop Communications AG
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