12th Business Opportunities Fair 2024

In 2024, the Asian Development Bank (ADB) will conduct its second in-person Business Opportunities Fair (BOF) after the pandemic.

The ADB BOF is a one-stop forum for consultants, contractors, manufacturers, suppliers, and civil society organizations looking to provide goods, works, and services for ADB projects. It has proven to be an excellent opportunity to network with peers in the industry and with ADB specialists in the energy, transport, water, urban development, climate change, agriculture, environment, public management, finance, health, and education sectors.

One-on-one meetings

Appointments with ADB staff can be requested by registered participants through the appointments desk at the BOF. Appointments can be scheduled with ADB sector and project processing experts from project departments, subject to their availability, and with procurement specialists from ADB’s Procurement, Portfolio and Financial Management Department (PPFD) on a first-come, first-served basis.

Networking among participants

Participants are invited to utilize the following ADB networking groups within the LinkedIn platform to communicate with other relevant professionals and prospective BOF participants.

A participants’ networking lounge will be available to participants over the two-day duration of the BOF. This provides a venue for participants to meet among themselves for face-to-face introductions and information exchange, and to explore possible areas of cooperation.

Objectives

During the event, participants will have the opportunity to:

  • meet with ADB staff in procurement, consulting, project management, and related operations.
  • meet with ADB sector specialists.
  • network with other consulting firms and suppliers from donor and developing member countries.
  • hear presentations on how to qualify for ADB-financed contracts.
  • discover what business opportunities are available and where.

At the end of the event, participants will have:

  • discovered the advantages of ADB-financed contracts.
  • received an inside look at ADB’s policies and procedures for the procurement of goods and works, the recruitment of consultants, and the engagement of NGOs and civil society organizations.
  • learned how to locate business opportunities.
  • learned the best ways to prepare responsive bids and proposals.
  • received first-hand information on contracting opportunities by sector currently available under ongoing ADB-financed projects, and upcoming ADB pipeline projects.
  • explored areas of cooperation with other BOF participants.

Expected output

The BOF aims to attract the most talented professionals, and to help them qualify for ADB projects. This increasing pool of highly competent bidders ensures the success of ADB projects.

Target participants

From ADB member countries:

  • consultants
  • contractors
  • manufacturers
  • suppliers/traders
  • NGOs and civil society organizations
  • government officials
  • embassy/trade commissioners
  • think-tanks, institutes, academia, and centers of excellence

How to register

REGISTER NOW
to join BOF 2024

Resource speakers

ADB procurement and sector specialists will present general requirements for doing business with the ADB, applicable ADB policies and procedures for procurement of goods, works, and services, and ongoing and upcoming business opportunities.

The sector specialists will discuss ADB’s loan, technical assistance, and grant pipelines in the agriculture, environment, energy, public management, finance, transport, water, urban development, health, and education sectors as well as in the thematic areas of climate change, public–private partnerships, and private sector operations.

Specialists on ADB’s engagement with NGOs and civil society organizations will present a dedicated session on ADB business opportunities for these organizations.

Key documents

Please read the following documents before registering to the BOF and making any travel arrangements.

Costs

Attendance at the event is free. However, ADB does not cover travel and travel-related costs and arrangements (i.e., return airfare, hotel accommodation, daily subsistence, ground transport, and appropriate visa, if required) for participation to the event in Manila, Philippines.

Event organizers (logistics)
Clarissa Santos (Ms) Logistics Administrator
Jhoanna “Gigi” Quimson (Ms) Logistics Assistant
Jerald Acosta (Mr) Digital Events/Social Media Coordinator
Business Opportunities Outreach Initiatives (RETA 9721) Asian Development Bank

Wednesday-Thursday, October 9th-10th, 2024
9:00 AM to 5:00 PM

Asian Development Bank
6 ADB Avenue, Ortigas Center
Wack-Wack Greenhills East, Mandaluyong 1550


adb.org/news/events/12th-business-opportunities-fair-2024

23rd BFSI IT Summit Philippines

Accelerated technology adoption and fast changing business environments have been playing an important role in re-shaping the banking, financial services and insurance (BFSI) sector. As the sector continues to drive innovation, technology leaders find themselves looking for new ways to re-define their transformation strategy comprehensively, outgrow competition and remain resilient.

With the risk of real challenges and the potential for greater rewards, customer-centric approaches, automation of processes and security concerns continue to be priorities for information technology (IT) leaders from the BFSI sector.

The banking, financial services, and insurance (BFSI) sector in the Philippines are undergoing a profound transformation, fueled by a surge in mobile penetration, the proliferation of Fintech solutions, and accelerated technology adoption. Notably, the Bangko Sentral ng Pilipinas (BSP) forecasts a substantial uptick in the banking system’s total assets, soaring from ₱23.7 trillion in 2021 to PHP 26.5 trillion by the conclusion of 2023. As the BSP actively champions digitalization initiatives within the banking industry, including advancements in digital payments and the establishment of the Digital Banking Transformation Office, the landscape of BFSI in the Philippines is primed for innovation and growth.

In light of these dynamic shifts, the stage is set for the 23rd Edition of the BFSI IT Summit. This invitation-only, in-person event is exclusively designed for technology and innovation leaders within the BFSI community in the Philippines. Bringing together over 150 distinguished attendees, including CIOs, CTOs, CISOs, Heads of Digital Transformation, Heads of IT and Innovation, IT Infrastructure experts, and other luminaries in this domain, the summit promises to be a transformative experience.

The BFSI IT Summit Series will bring together the top IT leaders from the fraternity. The summit is the definitive learning and networking platform curated to deep dive into important challenges in BFSI and identify best practices to overcome the same.

The crucial areas of discussion will be around automation, digital customer experience, minimizing evolving cybersecurity threats, digital currencies and enhancing customer experience.

The BFSI sector in the Philippines is experiencing rapid evolution, fueled by increased mobile penetration, the growth of fintech, and faster technology adoption. The Bangko Sentral ng Pilipinas (BSP) projects a significant increase in the banking system’s total assets, from ₱23.7 trillion in 2021 to ₱26.5 trillion by the end of 2023. The BSP is actively promoting digitalization in the banking industry through initiatives in digital payments and the establishment of the Digital Banking Transformation Office.

The 23rd Edition of the BFSI Summit stands as a pivotal moment in the advancement of the banking, financial services, and insurance sector in the Philippines. This prestigious event serves as a gathering point for esteemed technology and innovation leaders within the BFSI community, offering an exclusive opportunity to explore the current trends, confront challenges, and seize emerging opportunities that define the industry’s trajectory. By prioritising the imperative of digital transformation and leveraging cutting-edge technology, the summit is poised to empower attendees with indispensable resources and perspectives essential for navigating the dynamic landscape of BFSI in the Philippines.

The 23rd edition of the BFSI IT Summit is an invitation-only in-person event exclusively for technology and innovation leaders from the BFSI community in the Philippines. Attended by 150+ CIOs, CTOs, CISOs, Heads of Digital Transformation, Heads of IT and Innovation, IT Infrastructure, and other experts in this domain, this platform will equip essential tools to transform organizations.

Reasons to attend

Learn and grow

Elevate your professional growth with engaging discussions and collaborative workshops that are shaping the industry.

Explore the latest innovations in digital solutions

Gain valuable insights from renowned innovation and technology experts, including pioneers and leaders from the region, as they share real-world use cases and practical perspectives.

Collaborative partnerships

Collaborate with industry peers to collectively shape the future collectively and exchange experiences.

Connect with trusted technology partners

Connect and meet one-on-one with potential global partners who can provide tailored guidance to help achieve critical business objectives.

Maximize ROI

The BFSI IT Summit is a time-saving, highly informative, accessible, and professional business platform designed for experienced technology professionals and digital experts.

Featured discussions

Why is The Digital Shift a game-changer for banking in the Philippines?

  • Exploring the current state of digital transformation in Philippine banks.
  • Futuristic insights into the trends that will define the future of BFSI.
  • Strategies for harnessing big data for customer insights and risk management.
  • Uncover insights from industry leaders on embracing and capitalizing on digital disruption.
  • Discuss the strategic advantages and challenges of partnering with fintech entities.
  • Discuss the importance of agility and adaptability in the face of rapid technological changes.
  • Discuss how technologies such as blockchain, AI, and biometrics are redefining financial services
  • How banks are adopting customer-centric approaches in the digital era.
  • Evolution in eKYC instruments and onboarding process for secure banking engagements

Why is The Digital Shift a game-changer for banking in the Philippines?

  • Conversations between traditional bankers and fintech disruptors.
  • Collaborative models for fostering innovation without compromising security.
  • Identifying key success stories and lessons from global fintech partnerships.
  • The impact of fintech partnerships on traditional banking services.
  • Navigating regulatory challenges in fostering fintech collaborations.

Decoding Blockchain: A Revolutionary Shift in BFSI

  • Overcoming regulatory challenges and fostering blockchain integration.
  • The role of blockchain in enhancing security and transparency.
  • Implementing blockchain for streamlined cross-border transactions.
  • Delve into the applications and potential of blockchain in the BFSI sector.
  • Discuss the future of decentralized finance (DeFi) and its implications.

New Frontier of Fraud: Emerging Risks and How to Tackle Them

  • Application of AI and machine learning to bolster cybersecurity defences.
  • Addressing the human element: Prioritizing capacity building and awareness in cybersecurity.
  • Crafting a resilient incident response strategy to effectively manage cyber incidents.
  • Examining the role of Zero Trust frameworks in securing cloud and IoT ecosystems
  • Regulatory Framework for Cybersecurity in BFSI and Cybersecurity culture and governance within organisations.
  • What can the BFSI sector do when Phishing is becoming a rising threat?
  • Biometric authentication to enhance security and convenience.

Insights, Innovation, Growth: AI, Data, and Automation in Insurance Excellence

  • How can organisations use the latest technologies and AI to get more value and where does the value begin?
  • Avoiding the pitfalls by organisations using AI solutions that are built on a foundation of high-quality data
  • How the adoption of technology and AI will deliver increases in efficiency, and productivity and allow organisations to scale at speed
  • Generative AI’s rapid rise promises to boost workplace efficiency and revolutionize customer engagement.
  • How can we look to guide and prioritise technological investments?
  • What might a frame work look like to govern the use of AI in insurance?

Transforming Finance: The Triad of Open Banking, Digital Payments and Financial Inclusion

  • Understanding the essence of Open Banking and its impact on traditional financial models.
  • The role of mobile wallets, contactless payments, and cryptocurrencies in the digital payments ecosystem.
  • Collaborative efforts between public and private sectors to advance financial inclusion initiatives.
  • Addressing challenges and opportunities in integrating Open Banking principles to promote inclusive financial practices
  • Overcoming barriers and building trust to encourage the adoption of digital payment solutions
  • Explore opportunities for collaboration and competition in an open banking environment.
  • Balancing innovation with compliance in the financial industry.
  • Discuss the impact of Open Banking and decentralized finance (DeFi).

Why is The Digital Shift a game-changer for banking in the Philippines?

  • Exploring the current state of digital transformation in Philippine banks.
  • Futuristic insights into the trends that will define the future of BFSI.
  • Strategies for harnessing big data for customer insights and risk management.
  • Uncover insights from industry leaders on embracing and capitalizing on digital disruption.
  • Discuss the strategic advantages and challenges of partnering with fintech entities.
  • Discuss the importance of agility and adaptability in the face of rapid technological changes.
  • Discuss how technologies such as blockchain, AI, and biometrics are redefining financial services
  • How banks are adopting customer-centric approaches in the digital era.
  • Evolution in eKYC instruments and onboarding process for secure banking engagements

Industry focus

  • Public Banks
  • Foreign banks
  • Fintechs and Neo Banks
  • Microfinance Companies
  • Health Insurance Companies
  • NBFCs
  • Mutual Funds
  • Regional Rural Banks
  • Asset Management Companies
  • Commercial Banks
  • General Insurance Firms

Who to meet

  • Chief Information Officer
  • Chief Technology Officer
  • Chief Information Security Officer
  • Chief Digital Officer
  • Directors/ VPs/ GMs/ Heads of IT
  • Directors/ VPs/ GMs/ Heads of Digital Solutions
  • Directors/ VPs/ GMs/ Heads Digital Transformation
  • Head of IT Infrastructure
  • Heads of Information security
  • Head of IT Operations
  • Digital Advisors- Government
  • Head of Analytics / AI

Friday, May 24th, 2024
9:00 AM to 5:00 PM

Sofitel Philippine Plaza Manila
Cultural Center of the Philippines Complex, Roxas Boulevard
Pasay 1300


bfsiitsummit.com/philippines

ADB Asia and the Pacific Food Security Forum 2024

The Asia and the Pacific Food Security Forum 2024 will be held from 8-12 April 2024 in Manila, Philippines to discuss actions to ease a worsening food crisis in the region, and to improve long-term food security by strengthening food systems against the impacts of climate change and biodiversity loss among stakeholders in Asia and the Pacific.

The forum will serve as a milestone event to take stock of the interim performance of Asian Development Bank’s commitment to provide at least $14 billion of own resources to support food security over 2022-2025, and to outline ADB’s forward program on food security in partnerships with a diversity of stakeholders in Asia and the Pacific.

The Asia and the Pacific Food Security Forum 2024 presents an opportunity for partners in both the public and private sectors to showcase their thought leadership and initiatives in building more sustainable and resilient food systems in the region for the future of climate, food and nature. The forum also provides opportunities for engaging with policymakers, government officials, development practitioners, food system and climate change experts, and ADB staff to build strong partnerships in policies, project implementation and research, to accelerate food systems transformation in Asia and the Pacific.

Objectives

The Asia and the Pacific Food Security Forum 2024 seeks to achieve

  • Food security policy perspectives and food systems priorities – building a shared understanding among policy makers of long-term challenges and opportunities of food systems transformation in Asia and the Pacific, and of short-term cooperative approach to responding to rising food price.
  • ADB’s food security operational performance – assessing the progress and performance of the ADB’s $14 billion commitment to food security in 2022-25.
  • Forward support programs confirmed with policy makers – priorities focused on agri-food systems transformation and with operational approaches reflecting the ADB’s four key shifts under new operating model (climate, private sector, solution and One ADB).
  • Partnerships and knowledge sharing with development partners for food security strengthened – follow up the IFI Action Plan for Food Security and the first IFI Global Forum for Food Systems Transformation.

Structure and format

The Asia and the Pacific Food Security Forum 2024 will be a hybrid event and offer a mix of two days of plenary sessions and two additional days of deep dive sessions. The plenary sessions consist of high-level opening and closing, two key thematic sessions and programming consultations that will build shared understanding of long-term challenges and direction of required actions and partnerships by ADB, DMC governments and key stakeholders. The deep dive sessions will have focused discussion on the best practice and practical application to demonstrate how to influence policy, turn policy into action and translate knowledge into practical solutions for food systems transformation in Asia and the Pacific.

Target participants

  • ADB’s developing member countries’ government representatives, ADB executing and implementing agencies involved in agriculture, food, nature and rural development
  • Private sector organizations and civil society organizations on sustainable and resilient food systems transformation
  • Development partners, including multilateral development banks, multilateral and bilateral donors and UN agencies
  • Academia, think-tanks, and centers of excellence
  • ADB staff and consultants working across all operational sectors on food security

Forum secretariat

Costs

Participation to the forum is free. However, participants who are interested in joining as onsite participants will have to pay for their own travel, accommodation, and other arrangements to attend the event in Manila, Philippines.

Draft agenda

Day 1: 9 April 2024 (Tuesday)
9:00-10:30
Opening Session: Leader’s Forum
Leader’s forum convenes the representatives of DMC senior policymakers and international development organizations to dialogue on short term and long-term issues and priorities for food security agenda in Asia and Pacific. The session will build a shared understanding of why it is necessary to make a fundamental shift in food security policymaking and investment priorities towards a sustainable and resilient agri-food systems perspective. ADB President Masa is expected to deliver a keynote address.
11:00-12:30
Session 1: Future of Food and Agriculture in Asia and the Pacific
The session will present a regional foresight study on future scenarios of food systems in Asia and the Pacific by 2050 to bring out policy and financing implications. The panel of policy makers and experts will highlight sector and thematic priorities that should be incorporated in regional and national level food security planning.
Networking lunch
14:00-15:30
Session 2: Maximize Climate-Food-Nature Nexus Gain
Food security agenda is inherently related to climate change, natural resources and ecosystems. The keynote presentation will illustrate case studies to highlight policy lessons of failing to maximize the nexus gains, followed by a panel discussion on ways and means to maximize climate-food-nature nexus gains.
16:00-17:30
Session 3: Public and Private Partnerships in Food Systems Transformation
Along the food system are farmers, input suppliers, food processors, distributors, wholesalers and retailers and many other players including financial institutions are also involved in the system. This session will focus on operational priorities to kindle and expand the opportunity to foster different forms of public-private partnerships in financing and managing food systems.
Forum reception
18:00-20:00
Day 2: 10 April 2024 (Wednesday)
9:00-10:30
Session 4: Pathway to ADB’s Ambition on Building Food Security in Asia and the Pacific
This session discusses the achievement and lessons learned from the ADB’s operation in AFNR sector including Strategy 2030 OP5 and $14 billion commitment to food security in September 2022 and discuss the operational direction to achieve ADB Strategy 2030 and beyond. This session will reflect on the outcomes of leader’s forum in the opening session.
11:00-15:30
Session 5: Building Programmatic Interventions: Theme and Country Breakouts
The session will include two breakout sessions and working lunch facilitating the thematic and country level discussion on developing a matrix of programmatic interventions, Breakout session will be attended by ADB management and key government officials involved in project pipeline development as well as private sector and development partners.
16:00-17:30
Session 6: Closing Session: Summary of key outcomes and actions forward
This closing session will present a bank-wide forward program and will highlight key programmatic thrusts (e.g. agricultural value chain program, water resources management program, rural climate adaptation and disaster resilience program, rural infrastructure financing program). ADB Vice-President for Sectors and Themes, Fatima Yasmin is expected to give a closing remark highlighting key outcomes of the Forum deliberation.
Day 3 and 4: 11-12 April 2024 (Thursday and Friday)
9:00-17:30
Deep dive sessions
A series of focused workshops will be organized as parallel sessions on the best practice and practical application to demonstrate how to influence policy, turn policy into action and translate knowledge into practical solutions for food systems transformation in Asia and the Pacific. The sessions include partner specific discussion, cross-regional knowledge sharing, showcase of technical solution, civil society dialogues and so on. In addition, pre-conference workshops may be organized on 8 April 2024.

Monday-Friday, April 8th-12th, 2024
9:00 AM to 8:00 PM

Asian Development Bank
6 ADB Avenue, Ortigas Center
Wack-Wack Greenhills East, Mandaluyong 1550


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Globe sees 85% decline in scam, spam SMS, credits strong partnership with banks against fraud

Globe sees 85% decline in scam, spam SMS, credits strong partnership with banks against fraud.

The number of blocked spam and scam text messages related to banks declined by over 85% based on data covering the first three quarters of 2023, reflecting gains of Globe‘s vigorous partnerships with the country’s major banks and financial institutions. (more…)

BFSI IT Summit Philippines 2023: Pioneering innovation in the heart of Manila

In Southeast Asia, the Philippines stands as one of the most rapidly advancing economies. With a population of 106 million, the country boasts 50 million internet users and 34 million smartphone owners. Despite this, formal financial services remain accessible to only 20 million individuals, highlighting a significant gap in financial inclusion within the country. (more…)

Banking and Financial Institutions as Data Subject Rights Advocates and Champions

Join us on Sept 8 with National Privacy Commission, and the PH banking & financial institutions ecosystem as they champion data subject rights for a Digital Pilipinas!

Through the strong leadership of the National Privacy Commission and the continued prevalence of cyber threats & risks in the banking and financial institution space, the “Data Privacy Act” serves as a playbook and compels the banking ecosystem to be more transparent in their data practices, more vigilant about their data security, and be more accountable for their handling of customer information.

In the Philippines to build a Digital Pilipinas, regulation should be our main focus.

Digital Pilipinas, now the largest private sector-led movement that is actively engaged in a global digital economy, together with its private sector and government partners invite you in standing together with the banks and the financial institutions as they take the helm as data subject rights advocates and champions on 8 September 2023 in Caruso Ristorante Italiano at City of Makati.

Be part of this pivotal dialogue on data subject rights among market leaders and public sector officials by registering via qrfy.com/p/LlnLjpXymr

Let’s build an ecosystem of data subject rights champions and advocates in a Digital Pilipinas!


digitalpilipinas.ph/banking-and-financial-institutions-as-data-subject-rights-advocates-and-champions

BPI, Digital Pilipinas launch ‘TrustTech movement’ for a more cyber secure nation

Photo shows (L-R) National Security Council Asst. Director General Cornelio Valencia; National Privacy Commission Deputy Commissioner Leandro Aguirre; Department of Information and Communications Technology Assistant Secretary Jeffrey Ian Dy; Philippine National Police - Anti-Cybercrime Group Spokesperson PCPT Michelle Sabino; Department of Information and Communications Technology - Cybercrime Investigation and Coordinating Center Undersecretary Alexander Ramos; House Committee on Banks and Financial Intermediaries Chairperson Rep. Irwin Tieng; BPI President and CEO TG Limcaoco; Digital Pilipinas Convenor Amor Maclang; Justice Secretary Jesus Crispin Remulla; Global Fintech Institute Co-founder Chia Hock Lai; and BSP Acting Deputy Director for Fintech Innovation and Policy Research Group Jovelyn Hao.

The Bank of the Philippine Islands (BPI) is serious in its commitment to improve the nation’s cybersecurity as it spearheads, together with Digital Pilipinas, the TrustTech movement, a whole-of-society campaign that aims to build confidence among individuals and businesses in the Philippine digital realm. (more…)

LBank & Friends Web 3 Connect Manila

🎉 Join the most exhilarating event of the year: LBank & Friend Web 3 Connect Manila🌐✨

🚀 Immerse in the future of the internet with blockchain, DeFi, NFTs, and more! Connect with experts, win prizes, and be part of history.

Kindly put your email and number we will be Airdropping the NFT Event Pass

You may find your LBank UID in our app after registering


partiful.com/e/Xtug3HhQN1YAdyFP1wez