Now in its 12th year, ACES is one of Asia’s most respected business recognition platforms, where leadership is measured by purpose and long-term impact. Filipino organisations have earned 174 awards to date – the most awarded country, reflecting a strong national drive for innovation, sustainability and shared growth.

Among the nation’s most awarded is Globe Telecom Inc., a ten-time honouree and four-time “Industry Champion of the Year” – the most by any Filipino company. Its achievements embody the forward-thinking and socially conscious spirit of Filipino enterprises.

“The Philippines shows us that leadership means lifting others as you grow,” said Dr. Shanggari Balakrishnan, President of the ACES Awards and CEO of MORS Group. “Filipino organisations don’t just tick ESG boxes – they live them. Their passion for people, planet, and progress is unmatched.”

Even amid global and local challenges, Filipino leaders continue to step forward with boldness and empathy. ACES offers a regional platform to recognise these changemakers and connect them with like-minded peers.

The ACES Awards 2025 will be held from 27–28 November, shortly after COP30 in Rio de Janeiro. Bali, Taiwan and Malaysia are shortlisted to host the event, with the final venue to be announced in June.

Nominations are open under three pillars: Individual Leadership, Corporate Excellence and Corporate Sustainability. Wave 2 closes April 30; Wave 3 runs until June.

Whether a growing SME or industry giant—your impact deserves the spotlight. Submit now at www.acesawards.com.
Hashtag: #ACESAwards2025 #ACESAwards

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About ACES Awards

The Asia Corporate Excellence & Sustainability (ACES) Awards, organised by MORS Group, is a leading platform that recognises businesses and leaders across Asia for their impact in leadership, sustainability, and responsible growth. ACES highlights those driving meaningful change in their industries and communities.

To nominate for the 2025 ACES Awards, contact Rhasvin Sidhu at rhasvin@acesawards.com.

Hashtag: #CICPE

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Insights on the Potential of Commercial Data: A Path to Enhanced Financing Efficiency and Financial Inclusion

HONG KONG SAR – Media OutReach Newswire – 15 April 2025 – ​The World Internet Conference Asia-Pacific Summit 2025 held for the first time in Hong Kong. PAO Bank Limited (“PAObank”) has been invited to participate in the World Internet Conference Asia-Pacific Summit 2025, held for the first time in Hong Kong. As the only Hong Kong digital bank invited, PAObank engaged in discussions with international industry leaders and experts on unlocking the potential of commercial data. Leveraging its own experiences, PAObank analyses the adopting level of digital and intelligent technologies in financial sector, with the aim of advancing financial inclusion.

The World Internet Conference Asia-Pacific Summit, a flagship event of the innovation and technology sector, was held for two days in Hong Kong under the theme of “Integration of AI and Digital Technologies Shaping the Future – Jointly Building a Community with a Shared Future in Cyberspace”. The Summit brought together around 1,000 participants from the Mainland and overseas, including government representatives, business leaders, expert and scholars. It serves as a platform to provide new impetus for exploring the potential of digital technology and fostering the growth of the digital economy across the Asia-Pacific region.

PAObank, as the first digital bank to participate in the Commercial Data Interchange initiative, stands out in leveraging alternative data to streamline financing processes. PAObank was invited to sub-forum on the second day of the Summit, titled “Digital Finance Forum: Inclusive Finance Empowered by Digital Intelligence”, where it shared insights on fintech applications and the breakthroughs of cross-sector data interchange.

Mr. Ambrose Wong, Chief Executive cum Chief Risk Officer of PAObank shared, “PAObank has been dedicated to addressing the banking services gaps for SMEs since its inception. By leveraging financial technology and alternative data, we have streamlined the loan application and approval process, empowering SMEs with tailored financing services. Over the past five years, our deep exploration and application of commercial data have benefited lots of SME customers. In fact, amongst the approved loan cases of PAObank, about 25%[1] of SMEs obtained bank loans for the first time from PAObank, and around 8.2%[2] of startups received unsecured loan, reflecting PAObank’s commitment to empowering SMEs to navigate their business upgrade and transformation journeys by leveraging financial technology.

PAObank is also strategically focusing on the Greater Bay Area, a region with immense development potential. The area is witnessing an influx of SMEs and a surge in economic vitality, leading to an increased demand for capital among SMEs. As a subsidiary of Lufax Holding Limited (“Lufax”) (06623.HK, NYSE LU), PAObank aligns closely with Lufax’s vision to leverage finance technology to advance financial inclusion in the Greater Bay Area. This synergy will support PAObank in developing cutting-edge digital banking services. PAObank will proactively explore relevant banking services and harness the role of Hong Kong as a ‘super-connector’ to support SMEs venturing into the Greater Bay Area and overseas markets, empowering them to tackle future challenges with confidence.”

Recognised as the “best partner” for SMEs, PAObank deeply understands SMEs are the cornerstone of the economy. By leveraging financial technology and commercial data, PAObank designs targeted loan services tailored to the specific operational models of various industries. These include the “Cross-border e-Commerce Revolving Loan”[3] launched this year, designed to help SME expand their e-commerce business presence. By analysing the real-time data from e-commerce platform, such as sales volume, inventory and refund rates, PAObank gains a comprehensive insight into SMEs’ business dynamics, which helps streamline the credit assessment process through big data analysis. Based upon the loan approval process, SMEs can secure funding as quick as one week[4] without providing any financial statements. This can promptly meet SME’s funding needs while assisting them in exploring new business prospects.

Looking ahead, PAObank will continue to leverage commercial data to facilitate the development of digital banking ecosystem by forging more partnership and introducing more SME banking services. With continued efforts in the development of financial technology, PAObank will bring more diverse financing services to individual and SME customers, fulfilling its commitment to financial inclusion.

Hashtag: #PAObank #WIC

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PAO Bank Limited

PAO Bank Limited (“PAObank”), a wholly-owned subsidiary of Lufax Holding Ltd (“Lufax”) (SEHK: 6623; NYSE: LU) and a member of Ping An Insurance (Group) Company of China, Ltd. (“Ping An”) (SEHK: 2318; SSE: 601318), is committed to fostering financial inclusion and establishing a digital banking ecosystem by leveraging its extensive experience in SME banking services and its leading financial technology advantages. PAObank was granted a banking licence by the Hong Kong Monetary Authority in May 2019 to offer banking services via digital channels. PAObank is expanding diverse business segments including retail banking and SME banking.