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LANDBANK leads P110-B syndicated loan to fuel the local power sector

PSALM President and CEO Dennis Edward A. Dela Serna (2nd from right), LANDBANK President and CEO Lynette V. Ortiz (rightmost), and DBP President and CEO Michael O. de Jesus (3rd from right) lead the ceremonial signing for the P110-billion syndicated loan for PSALM on 30 July 2024 in Quezon City, witnessed by Assistant Government Corporate Counsel Judge Basilia Serrano-Angeles (leftmost). Land Bank of the Philippines (LANDBANK) has extended the majority of the P110-billion syndicated loan facility to state-owned Power Sector Assets and Liabilities Management (PSALM) Corporation in support of strengthening and enhancing the competitiveness of the country’s local power industry.  LANDBANK committed to financing P60 billion of the total facility amount. The proceeds will be used by PSALM to augment its working capital requirements, refinance existing liabilities, and settle domestic contractual obligations. “LANDBANK has a long-standing history of supporting the National Government’s electrification initiatives, with our loan portfolio encompassing a wide range of energy-related projects. We will continue to support PSALM in addressing the energy needs of the country today and in the future,” said LANDBANK President and CEO Lynette V. Ortiz.  PSALM President and CEO Dennis Edward A. Dela Serna, together with LANDBANK President and CEO Ortiz and Development Bank of the Philippines (DBP) President and CEO Michael O. de Jesus, led the ceremonial signing for the Php 110.0 billion syndicated term loan facility agreement on 30 July 2024 in Quezon City. Assistant Government Corporate Counsel Judge Basilia Serrano-Angeles witnessed the event.  “We express our heartfelt gratitude to LANDBANK, DBP and OGCC for their continued support in attaining PSALM’s financial objectives. PSALM’s liability management program has presented significant challenges as we strive to fulfill our mandate of liquidating the financial obligations we have assumed. This syndicated loan provides additional financial support to PSALM, ensuring our continued progress and assist our asset management and privatization strategies,” said PSALM President and CEO Dela Serna. “With this loan, we are projecting a net reduction of PHP12.9 billion in our financial obligations for CY 2024,” he added.  LANDBANK and DBP acted as the Joint Lead Arrangers for the syndicated deal, with the DBP - Trust Banking Group as the Facility and Paying Agent, and the Office of the Government Corporate Counsel (OGCC) as the Transaction Counsel.  PSALM is a wholly-owned and controlled government entity mandated under the Electric Power Industry Reform Act (EPIRA) to take over the ownership of all existing generation assets of the National Power Corporation (NPC), independent power producer (IPP) contracts, real estate, and all other disposable assets, including the transmission business of the National Transmission Corporation (TransCo). The agency also manages the orderly sale and privatization of these assets with the objective of liquidating all of NPC's financial obligations in an optimal manner. LANDBANK has been a steadfast partner of PSALM since 2008, providing essential financing in support of its mandate under the EPIRA law. The Bank also continues to service the development requirements of the energy sector, including other industry players such as large oil companies, power producers, and distribution utilities.  ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.

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LANDBANK Mastercard x QATAR Airways 10% OFF

Qatar Airways Save up to 10% on your next Qatar Airways flight Rediscover the world and experience an unforgettable adventure to incredible destinations. Mastercard cardholders enjoy a special discount to explore many of the destinations you have been waiting to visit. Simply use the promotional code MASTERCARD online to save up to 10% on your next Qatar Airways flight. Offer applicable for departures from: Australia, New Zealand, Japan, South Korea, Hong Kong, China, Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, India, Bangladesh, Nepal, Sri Lanka, Pakistan, Cambodia. Terms & Conditions a. Promotion Period: 1 November 2023 – 31 August 2024 b. Travel Period: November 1, 2023 – 31 December, 2024. c. Terms of Promotion: 1. The blackout periods for travel in respect of the offer shall apply as per the prevailing Qatar Airways fare terms and conditions. 2. For Qatar Airways operated flights originating from these markets: 3. Australia, New Zealand, China, Hong Kong, Japan, South Korea, Cambodia, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Bangladesh, India, Nepal, Pakistan, Sri Lanka. 4. Offer valid on Qatar Airways operated flights only (not applicable on any interline or codeshare flights) to destinations in Africa, Europe, the Indian sub-continent, the Middle East, North America and South America within the Qatar Airways network. 5. Destinations may be subject to change due to operational requirements. Please review applicable destinations at the time of booking on www.qatarairways.com/mastercardap or via Qatar Airways mobile app.” 6. Saving applies to base airfare fare only. 7. Saving does not apply to taxes, surcharges and all other standard market surcharges. 8. Purchases can only be made through www.qatarairways.com by entering the promotional code MASTERCARD at the time of booking. 9. Payment must be made with an eligible Mastercard by a Mastercard issuing bank in Asia Pacific. 10. All-in fares include all taxes, fees, and surcharges which are subject to currency fluctuation. 11. Peak period surcharges may apply. 12. Qatar Airways will not be responsible for any fare differences if customers fail to enter the given promo code at the time of booking. 13. Flights eligible for the saving are clearly marked with a sales tag beside them. Please ensure only flights eligible for the saving are selected when booking. 14. Fares displayed will already include the applicable savings. 15. Customers who did not receive a saving, cannot be credited retrospectively. 16. Valid for return and one-way fares. 17. 10% discount on base fare amount in Business Class will apply to booking classes: D, I (Business Comfort) 18. 7% discount on base fare amount in Business Class will apply to booking classes: R (Business Classic) 19. 10% discount on base fare amount in Economy Class will apply to booking classes: N, S, V, L, M, K (Economy Convenience) 20.7% discount on base fare amount in Economy Class will apply to booking classes: O, T, Q (Economy Classic) 21. The following booking classes are excluded from this offer: Y, B, H (Economy Comfort), W (Economy Lite), P (Business Lite), C, J (Business Elite) and F, A (First Elite). 22. For Australia and New Zealand Cardholder Bookings Only: A credit card transaction fee of 1.5% applies in selected markets, with a maximum of AUD $80 per person for bookings in Australia and NZD $80 per person for bookings in New Zealand. There is no charge for debit cards and other forms of payment. 23. Full payment must be made via eligible Mastercard cards only. 24. Not valid in combination with any other promotion or any other market fares. 25. Changes and cancellation: see detailed fare rules at the time of booking. 26. Seats are limited and might not be available on all flights, and are subject to availability in the respective booking class at the time of booking. 27. Customers may use this offer more than once during the offer period. 28. Minimum Stay / Maximum Stay - Depends on the class booked. Please review at the time of booking. 29. For full terms and conditions, please review detailed fare rules at the time of booking. This is only eligible for cards issued in Australia, New Zealand, China, Hong Kong, Japan, South Korea, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Bangladesh, India, Maldives, Nepal, Sri Lanka, Cambodia

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Pag-IBIG honors LANDBANK as top government employer

Land Bank of the Philippines (LANDBANK) was recently honored as Top Government Employer under the National Government category during the Home Development Mutual Fund Stakeholder Accomplishment Report (Pag-IBIG StAR) in the National Capital Region, for having the most number of employees who voluntarily raised their contributions in 2024. LANDBANK Executive Vice President Alan V. Bornas (3rd from right) accepted the citation from Pag-IBIG CEO Marilene C. Acosta (center), alongside Deputy Chief Executive Officer Benjamin R. Felix Jr. (3rd from left), Senior Vice President Atty. Marie Antoniette D. Diaz (2nd from right), and Vice Presidents Perlacita A. Roldan (rightmost), Florencio Pedro O. Galang Jr. (leftmost), and Atty. Marciano C. Pimentel Jr. (2nd from left). (photo courtesy of Pag-IBIG Fund)

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LANDBANK offers enhanced loans, cash support for emergencies

To address urgent financial needs during emergencies, Land Bank of the Philippines (LANDBANK) has expanded its available loan packages for businesses and individuals affected by calamities and natural disasters to help facilitate and fast-track rebuilding efforts. Under the enhanced LANDBANK CARES+ (Community Assistance and REintegration Support Plus) Lending Program, affected farmers and fishers, cooperatives, micro, small and medium enterprises (MSMEs), corporations, and electric distribution utilities may access loans to finance their recovery and restore regular business operations. Eligible borrowers may use the funds for working capital, capital expenditures, and the construction, repair or acquisition of disaster-damaged equipment, facilities and structures. Electric distribution utilities can also use the loan as short-term working capital for the incremental increase in generation and distribution expenses. “We want to boost the ability of our clients and partners to recover quickly from calamities and disasters. We have expanded our accessible financial support interventions to help build resilience and expedite response and rehabilitation efforts,” said LANDBANK President and CEO Lynette V. Ortiz. For employees of government agencies and companies with LANDBANK payrolls, the state-run Bank is also offering Electronic Salary Loan (eSL) that provides convenient and quick access to funds. Eligible borrowers can apply for the eSL online via the LANDBANK website, iAccess, or Mobile Banking App (MBA), with loan proceeds directly credited to their accounts. Existing eSL borrowers who have maintained good payment standing for at least three months can also quickly renew their loans. The Bank will also soon introduce its new “EasyCash for Emergencies” feature for LANDBANK credit cardholders, which allows clients to convert their available credit limits into emergency cash with flexible repayment options of up to 36 months. Eligible cardholders will receive an SMS and email from LANDBANK confirming their eligibility for the credit limit conversion, and the funds will be credited to their LANDBANK deposit account. Customers may also call the Bank’s Customer Care to request for the cash conversion. ABOUT LANDBANK LANDBANK is the largest development financial institution in the Philippines promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the country, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.

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LANDBANK backs Prime Infra’s sustainability push with P5-B boost

LANDBANK President and CEO Lynette V. Ortiz (3rd from right) and Prime Infra President and CEO Guillaume Lucci (4th from right) ink a P5-billion loan agreement to partially fund Prime Infra’s projects across its core sectors. Joining them are Prime Infra Chief Finance Officer Sandy Alipio (5th from right) and Treasury Head Emma Villa del Rey (leftmost), alongside LANDBANK Executive Vice President Ma. Celeste A. Burgos (2nd from right), and Senior Vice President Lucila E. Tesoreso (rightmost) as witnesses. Land Bank of the Philippines (LANDBANK) has approved a P5-billion loan to Prime Infrastructure Capital, Inc. (Prime Infra) to bolster its sustainability projects, marking the first partnership between the two institutions. The P5 billion loan facility will be utilized to partially finance working capital requirements of Prime Infra’s pipeline projects across its core sectors — water, sustainable energy, and waste management and sustainable fuels. This financing aligns with LANDBANK’s commitment to advancing sustainability initiatives and promoting sound environmental management. LANDBANK President and CEO Lynette V. Ortiz and Prime Infra President and CEO Guillaume Lucci formalized the loan agreement on 4 September 2024 at the Three E-Com Center in Pasay City. They were joined by Prime Infra Chief Finance Officer Sandy Alipio, Treasury Head Emma Villa del Rey, and Treasury Manager Kaila Almendarez, together with LANDBANK Executive Vice President Ma. Celeste A. Burgos, Senior Vice President Lucila E. Tesoreso, and Vice President Jell B. Ong.  “We are excited to embark on this new partnership with a recognized leader in building critical and socially relevant infrastructure. Our common goal of enhancing lives and fostering resilient economies makes this loan facility a truly mutually beneficial endeavor,” said LANDBANK President and CEO Ortiz.  LANDBANK’s financial support will enable Prime Infra to accelerate its initiatives in critical infrastructure sectors, thereby contributing to the country’s economic growth and environmental resilience. “This partnership with LANDBANK is a significant step forward in our commitment to developing sustainable and resilient infrastructure. It will enable Prime Infra to further accelerate the progress of our projects in sustainable energy, water supply, and waste management,” said Prime Infra President and CEO Lucci. This significant financing deal reaffirms LANDBANK’s role as a key partner in driving sustainable development and supporting projects that align with the country’s environmental and economic goals. ABOUT LANDBANK LANDBANK is the largest development financial institution in the Philippines promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.  

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FLOWERSTORE.PH 9.9 Mega Sale Promo

It's going to be a flowery 9.9!  Surprise your loved one with a stunning bouquet this 9.9! #SHOPwithLANDBANK and use your LANDBANK Visa Debit Card for exclusive discounts. Score a 25% discount plus free shipping when you use the code “LANDBANK99” on the Flowerstore.ph App! Avail the promo with 4 easy steps: Download and open the FlowerStore.ph mobile app. Sign in or create an account. Select your items and proceed to checkout. Enter the code: LANDBANK99 to enjoy your discount. Promo runs from 09 until 12 September 2024. T&Cs apply. Per DTI Fair Trade Permit No. FTEB-188248 Series of 2024. Regulated by the Bangko Sentral ng Pilipinas.

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LANDBANK, SariSuki unite to empower farmers with accessible credit

[L-R] SariSuki Head of Agritech Department Joselito Lontok, Co-founder and Chief Executive Officer Brian Cu, LANDBANK President and CEO Lynette V. Ortiz, and Executive Vice President Ma. Celeste A. Burgos hold the memorandum of agreement for the AGRISENSO Lending Program partnership. Land Bank of the Philippines (LANDBANK) has partnered with SariSuki, a leading Philippine agritech startup, which aims to revolutionize the agricultural supply chain through the Bank’s AGRISENSO Lending Program. This strategic alliance aims to support over 300 small farmers and Agrarian Reform Beneficiaries (ARBs) by providing accessible financing, hands-on guidance, and a reliable market for their produce, aiming to enhance livelihoods and contribute to long-term food security. LANDBANK President and CEO Lynette V. Ortiz emphasized the partnership as a strategic move to support small farmers and boost crop production. “Through the combined networks, expertise, and resources of SariSuki and LANDBANK, we can effectively meet the financial needs of our farmers while providing crucial production, technical, and marketing assistance to enhance their productivity and income," she said. Under the partnership, SariSuki will serve as the primary buyer of farmers' produce, integral to its mission of building a vertically integrated agriculture superhighway. Brian Cu, Co-founder and CEO of SariSuki, explained, “By providing a stable market, and technical support in farming, business management, and financial literacy, we address farmers’ key challenges. Backed by LANDBANK’s financing, we aim to uplift farmers' livelihoods, ensure business sustainability, and enhance food security.  For its part, LANDBANK will be extending to eligible partners endorsed by SariSuki the AGRISENSO Lending Program that provides affordable financing to small farmers, Agrarian Reform Beneficiaries (ARBs), and the whole agriculture value chain, aimed at bolstering nationwide food security and sufficiency. A key element of this partnership is SariSuki's commitment to directly pay the principal of farmers' loans to LANDBANK, allowing farmers to immediately profit from their earnings, providing financial relief, and encouraging reinvestment in their farms.  The collaboration seeks to lower the cost of fresh produce by integrating SariSuki’s supply chain with an omni-channel demand network and sourcing directly from local farmers. Through these efforts, SariSuki is driving meaningful change in the agricultural sector, ensuring the abundance, accessibility, and affordability of wet market goods. The partnership also aims to expand SariSuki’s network by working with LANDBANK’s Lending Centers in key agricultural regions like Nueva Ecija, Quezon, Laguna, and Cavite welcoming new farmers while continuing to support existing members. Since the launch of the AGRISENSO Lending Program this year, LANDBANK has supported over 1,766 borrowers nationwide with P272 million in approved loans.  The Program is being offered at the Bank’s “Bilis Ipon: Digital Financial Inclusion Caravan” rollouts, which has brought banking and financing services closer to farmers in 17 underserved areas nationwide, including most recently Himamaylan City, Negros Occidental. Together, LANDBANK and SariSuki are building an innovative ecosystem that integrates financial support, market access, and technical assistance to uplift farmers and strengthen the agricultural sector. This collaboration is a significant step toward transformative change, fostering a more prosperous future for farmers, broader agricultural growth, and a food-secure nation. About LANDBANK LANDBANK is the largest development financial institution in the Philippines promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the country, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide. About SariSuki Sarisuki is an Agritech and ECommerce Startup that aims to improve the accessibility, affordability, and ultimately abundance of Fresh produce in the Philippines. The three year old startup is building an "Agri Super Highway" connecting farmers/producers to its multiple demand channels. SariSuki leverages the power of local communities to transform the agricultural supply chain and positively impact the lives of Filipino Ka-Sangga (farmers), Ka-Sari (community leaders/sellers), and Ka-Suki (consumers), and the larger community. Sarisuki aims to bridge the gap between these stakeholders and create a sustainable, equitable, and transparent agri-futures.

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Resorts World Sentosa Promo up to 23 November 2024

Escape to paradise when you #TRAVELwithLANDBANK Unleash your Singapore adventure when you book your stay at the Resorts World Sentosa using your LANDBANK Mastercard Credit Card! Starting at SGD969, you can now unwind in luxury accommodations, experience adrenaline-pumping rides at Universal Studios Singapore, and explore the wonders of the S.E.A. Aquarium. This exclusive package includes: 2 nights at a luxurious hotel (choose from Hotel Michael, Equarius Hotel, or Hotel Ora) Daily breakfast for 2 adults Tickets to Universal Studios Singapore & S.E.A. Aquarium Bonus vouchers for shopping & dining at the parks (SGD15 total) Don't miss out! The promo and visiting period is until 23 November 2024. For more promo details, visit [insert link].   T&Cs apply. Per DTI Fair Trade Permit No. ????-?????? ?????? ?? ????. Regulated by the Bangko Sentral ng Pilipinas.

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One Dines Free Promo up to 31 May 2025

Terms & Conditions Offer is only valid if the booking is made via www.onedinesfree.com platform and the participating restaurants reserve the right to decline the offer if the booking is not made via the platform. Please note that the SMS/ Email confirmation is mandated by the individual service provider. There could be a delay in delivery or blocked due to restrictions by the network or service provider. Reservation and offer needs to be communicated to the participating restaurant at the time of arrival and offer is valid for all Mastercard cardholders issued in Asia Pacific. Offer is only valid for applicable à la carte main course as determined by the restaurant, and excludes beverages, taxes and duties. Offer is valid for a minimum number of pax per Mastercard card per table per bill. For each bill, the offer can only be redeemed once. No splitting of table or bill is allowed. Please refer to each restaurant’s minimum number of pax. - Example A: 2 persons ordered 2 main courses; the cardholder shall pay for 1 main course. - Example B: 6 persons ordered 6 main courses; the cardholder shall pay for 5 main courses. Cardholders and their guests must order one (1) main course each to enjoy the offer. - Example A: Four diners ordered three (3) Main Courses; no offer will apply. - Example B: Four diners ordered (4) Main Courses, offer will apply. The offer can be withdrawn by Mastercard without any prior notification. The dish of the least value will be considered as the promotional / offer element at redemption. Cardholders are advised to check with the service staff on the type of dishes considered as Main Course to enjoy the offer. For reservations above 7 pax, please contact the restaurant directly and offer will not be applicable. There is no restriction on the number of visits by a cardholder to the restaurant during the offer period and for each visit, the cardholder will be able to enjoy the offer once. Reservations are subject to availability at all participating restaurants. The offer cannot be exchanged for cash / service, other products, or discounts. The offer is not transferable and cannot be used in conjunction with other discounts, promotional offers. Offer is valid for dine in only and not applicable for takeaways. Offer is not valid on eve of and on Public Holidays, special occasions such as Valentine’s Day, Mother’s Day, Father’s Day and other blackout dates. These dates will vary for each city and will be updated from time to time. Reservation on the designated blackout dates will not be allowed. Such other terms and conditions apply as per written approval between the restaurant and Mastercard and Dining City. In case of any dietary restrictions, allergies or any specific food or cooking requirements, please ensure the restaurant is informed at the time of ordering Mastercard and Dining City do not take any guarantee or warranty of the quality, quantity of the food or ambience of the participating restaurant. Any issues pertaining to the same will have to be addressed and resolved by the restaurant directly. Mastercard and Dining City are in the business of promoting offers at the participating restaurant and are in no way endorsing or recommending the services, food or any aspect of the restaurant. Mastercard and Dining City shall use reasonable best efforts to ensure that reservations will be accepted, but Mastercard and Dining City will not be held responsible if a restaurant fails to inform either party of non-availability of such restaurant or if a sold out occurs or if a private event is held at such restaurant. The offer acceptability and honouring is subject to Force Majeure wherein any execution or delivery of any of the services committed through this program is hampered beyond its reasonable control, such as but not limited to, strikes, labour controversies, Acts of God, fire, flood, war, lightning, earthquake, collapse of structure, embargoes or Government orders or restrictions or policies etc., the affected restaurant shall be excused for non-performance of its obligation during the period such cause continues to exist. Rights of admission are reserved by the restaurant. Individual restaurant Terms & Conditions apply. All bookings are subjected to restaurants' availability. A reservation confirmation email/SMS will be sent to you once the booking is confirmed. In case you do not receive an Email confirmation/ SMS of your booking, kindly reach out to us at ODF@diningcity.asia The offer shall not be available wherever it is prohibited under law and / or cannot be made / continued for any reason whatsoever. Participation in this offer is entirely voluntary, and it is agreed and understood by the Participants that participation shall be deemed to have been made on a voluntary basis. All disputes under this offer are subject to the exclusive jurisdiction of the competent courts / tribunals of the respective country of the offer. By participating in the offer, the cardholders agree to be bound by the terms and conditions mentioned here and present in communications. Any tax or other liabilities or charges payable to the government or any other statutory authority / body or any participating establishment, which may arise or accrue to the cardholders, shall be solely borne by the cardholders. Amendments are subject to availability and at the discretion of the restaurant. Cancellations need to be done at least 24 hours prior to the booking time or will be deemed confirmed. Whilst this offer is joint branded, Mastercard does not collect, use, disclose, process or transfer any personal data relating to cardholders in accordance with these terms and conditions. All processing of personal data for the purposes of this offer is done by Dining City.  

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15% Discount on all Airalo x LANDBANK Mastercard Credit Card

15% discount on all Airalo eSIMs purchase and top-ups on Airalo’s website and app Offer Starts: 01 May 2023 Offer Ends: 30 Apr 2025 Card Eligibility: All Eligible Market: Asia Pacific Offer Location: Global Language: English   Description: Airalo is the world’s first eSIM store that solves the pain of high roaming bills by giving you access to 200+ eSIMs (digital SIM cards) globally at affordable prices. With eSIMs from Airalo, you can continue to use your favourite travel apps, find the nearest cafe, order a taxi from the airport or just stay connected with your loved ones - all for a fraction of the roaming price. Mastercard cardholders enjoy up to 15% discount. From now till 30 April 2025, purchase your eSIMs via Airalo with promo code - MASTERCARD15. Redemption Instruction: To redeem this offer, please present your Mastercard. Terms & Conditions: 1.    Entry/Eligibility 2.    To be eligible for this promotion, the user must create or already have an account on Airalo. 3.    Promotion Procedures 4.    The customer has to enter the discount code at checkout. A discount of 15% will be applied on any eSIM purchase. The maximum discount value is US$100. 5.    The promotion cannot be combined or used alongside any other promotion. 6.    The discount can only be used when paying for the purchase through a Mastercard card. This promotion is not valid for payments made through any other payment methods. 7.    The discount can be used via the Airalo app and www.airalo.com website. 8.    Validity/Duration/Extensions 9.    The promotion is valid from 2023-05-01 until 2025-04-30. 10.    Cancellations/Refunds 11.    Airalo reserves the right to cancel or modify any order, or revoke the use of this promotion for any of the following reasons:  12.    Discount code was not used within the stated period or the maximum number of redemptions has been reached. 13.    Suspicious or fraudulent purchasing activity. 14.    Promotion abuse, including the use of multiple accounts or multiple checkouts associated with the same customer or group of customers. 15.    Discount used in bad faith (including resold eSIMs or use of discount by customers purchasing products for re-selling). 16.    Standard Terms and Conditions 17.    By entering this campaign, you accept and agree to be bound by these Terms and Conditions and acknowledge that you have read and understood these Terms and Conditions. 18.    The Merchant reserves the right to change these terms & conditions or cancel any promotions at any time but with prior written notice of at least 90 days to Mastercard. 19.    No entrants shall have the right to contest any decision by the Merchant concerning any aspect of the campaign or the interpretation of the Terms and Conditions or the determination as to the qualification of entries. The Merchant’s decision is final and no correspondence will be entered into. 20.    If there is a dispute as to the identity of an entrant, the Merchant reserves the right, in its sole discretion, to determine the identity of the entrant. 21.   Any cost associated with accessing the promotional website is the entrant’s responsibility and is dependent on the Internet service provider used. The Merchant will not be liable to compensate expenses incurred in making an entry where applicable. No refund will be made for the cost of any entry where applicable.

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Foreign Exchange Rates

As of Tue, October 7, 2025


Buying Selling
USD 58.05 58.55
JPY 0.380846 0.395505
EUR 67.020325 69.596453
GBP 77.14977 80.115253
HKD 7.43099 7.982707

Unit Investment Trust Funds

As of Mon, October 6, 2025


UITF NAVPU
Cash Management Fund 1.588286
Money Market Fund 1.333178
Money Market Plus Fund 1.246798
PERA Money Market Fund 1.03679
Medium-Term Bond Fund 2.516916
PERA Bond Fund 1.238098
Balanced Fund 2.652724
Growth Fund 2.628348
Alpha Equity Fund 3.10968
Blue Chip Equity Fund 0.961094
Equity Fund 0.809973
High Dividend Equity Fund 1.055367
US$ Money Market Fund 1.450367
Global $ Fund 1.587841
Bond Fund 2.078892

INTEREST RATES

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